ETH

MinimalGravitas

> That is the truth. Except that anyone can check and realize that it isn't true... The supply of ETH is growing at 0.79% per year and the reward for staking is about 2.85%. It would appear that like so many here you actually don't care about truth at all, which is pretty sad, and presumably not a great attitude for choosing investments.

Banker_dog

Same story we’ve heard since 2017. Only consistent coins apart from BTC and ETH to keep a top 10 spot

MaximumStudent1839

> As assets mature, valuation frameworks evolve.  OK. There may be one vertical I can concede on how the passage of time can change things. There is much more competition for providing block space nowadays than there was five years ago. Those who overindexed on ETH, getting somewhat of a monopoly on selling blockspace or settlement, might get frustrated and need a new framework. However, my general impression is that the asset and tokenomics are a lot more valuable. As someone who pays avid attention to these foundation/founder/validators in alt L1 politics, I realize there are a lot more insidious incentives favoring these insiders to rape the token dry than to benefit holders. Just look at Solana. It is still struggling to pass an inflation-reduction measure due to validator politics. Just look at the Cosmos hub. The Atom chart is beyond rekted, and there is still no sense of public urgency to kill off the inflation. Instead, they go on a big parade of "inviting more research on how to reduce inflation". It is the same schtick they did like 3 years ago.

MaximumStudent1839

> As assets mature, valuation frameworks evolve. I don't know how this point makes sense. We both agree that this asset reached this height by riding on demand, unrelated to the DCF framework. I don't understand why the passage of time makes it more relevant. These L1 assets have horrible revenue multiples with no precedent of ever fixing them. Serious DCF-only investors would never want to be marginal buyers of these assets, just as they think buying metals as a "hard-money" bet is stupid. If you are a dairy farmer, it is probably not worth your time to bother about what lactose-intolerant customers want. So I don't understand the logical angle of adopting this DCF valuation model. Neither adopting the model will convince new marginal buyers to come, nor will it explain all the buying interest to date. So I am lost on why it is relevant. In fact, BlackRock doesn't talk much about all these P/S or whatever ratios when they advertise it to their customers. So all these new marginal buyers don't even have this mental model. > ETH is not the same asset it was five years ago In what way? I see it has reduced inflation. I see it has raised the gas limit to reduce the cost of using the asset. I see that inflation is now being paid to stakers who are more aligned with the network than merc miners. I see new ETFs bringing more liquidity and flow into the asset. In fact, your mentioned problems of lack of control, equity, etc., were even more severe five years ago because miners, not ETH stakers, controlled the network. How can things getting better lead you to believe the asset is becoming worse? I am genuinely lost on how you are thinking. > *why someone else will pay more for it later* It is the same story with all these SoV assets. Why do ppl buy gold? It is all the same, as it is about cultural appreciation and consensus. > This is an explicitly *faith-based* valuation model. I’m not interested in evaluating assets through a religious or collector lens.  It may be that this asset class isn't for you. I mean, gold is multiple times the size of BTC, but I know tons of equity investors think investing in metals is just pure stupid. This entire space follows the superstitious practice of the four-year cycle, regardless of macro or other factors. And you do remember how the stock-flow model got invalidated during the last bear, but BTC maxis kept revising it and hung onto it? It is evidence of religious behavior, not rational. You have to accept that faith is just a massive component of this sector. > But ETH explicitly chose a different path (maybe incorrect one in the last years): programmability, coordination, economic activity.  Native programmability adds an optionality. How does adding such an optionality hurt the asset? Don't like it. Just ignore it. Would your view of BTC change if OPCAT passes and Starknet adds programmability to BTC as a layer 2? But I do get the frustration of being led onto multiple fools' errands to make "Web 3" work. Many probably brought ETH for "Web 3" and got disappointed. Now they view ETH as less valuable, and they are selling it. ETH performed weaker than BTC because it had this jack-of-all-trades problem. But even BTC had an identity problem, leading to forks like BCH. Time will tell whether ETH can overcome its identity crisis for the broader set. I mentioned here before at the start of this bull, this is an identity crisis for nearly all tech alts. > then we don't necessarily want it to appreciate?  They collect it as a financial coordination vehicle to improve the asset value. They aren't collecting it as a nonfungible piece of art.

Sagar_Sage

Invest in BTC , ETH , SOL , TAO , BNB , AAVE , SUI

EarningsPal

The problem with the ETH supply is that it can be changed with a vote. The POW was changed to POS, and the inflation rate was reduced. What else can just be changed if some people decide to change it? Can the supply change? Can something else change that ultimately bricks the chain or introduces an attack vector unforeseen?

L3tsseewhathappens

Can we ban bots? Like someone who posted this, hasn't seen the rise in crypto since then, one simple look at the chart would see the Coins like ETH hovered around $1k. I'm sure they meant to say 2021.

Longjumping-Board996

ETF's and Institutions ruined the whole market. The only so called safe thing is BTC. I don't even trust ETH even a bit.

vklirdjikgfkttjk

>eth has no cap Eth gives newly issued tokens back to the stakers so the value of your holdings don't go down, they go up. If the math of dividends is too complicated for you, you can just buy a staked eth token that has a capped supply like rETH >First of all, Bitcoin has a cap and is deflationary. Bitcoin right now is inflationary,about 0.8% per year iirc. If people don't hard fork BTC into increasing block rewards then either: 1. the network will become insecure and implode 2. Transaction fees will become astronomic Are you another bitcoin maxi that thinks mining rewards are there just for the lulz? Do I need to explain to you why you need a 0.5-1.5% inflation rate or risk the network becoming insecure? Both BTC and ETH need to pay for security. The difference is ETH pays the minimum amount needed, and it pays it back to token holders while BTC pays it to a third party.

Buddy_Palguy

ETH chart seems a bit more spastic than the BTC chart

Kitchen_Switch33

Yup! Happened to me the other day and it was around 900k. It went back down to 0 so I chalked it up to a glitch. I took a screenshot before I sent it to Metamask (from my Ledger) and it quadrupled to 3.8 mil. So I knew something was up. I keep checking my amount hahaha. Does your friend hold QNT? The reason I ask is because the only ETH tokens I had were ETH, QNT and barely any unicap.

biba8163

> adoption and network usage concentrates into just a few projects. Top 5 Blue Chip Shitcoin Dominance has gone up ~4% since I commented about this in November. The market is definitely feels like it is consolidating. ETH has probably shown some strength despite the market downturn because of the consolidation. **Consolidation into "Blue Chip" shitcoins** *Top 5 Alts % of Total Altcoin Marketcap (Total Alt Marketcap excludes BTC and Stablecoins)* | | Nov. 2021 | Nov. 2024 | Nov. 2025 | Dec. 2025 |:-----------|:------------:|:------------:|:------------:|:------------:| | Top 5 Alts | 58.09% | 70.95% | 74.6% | 78.07% | | Total Alt Marketcap| $1.52 Trillion | $0.84 Trillion | $1.14 Trillion | $0.9 Trillion https://np.reddit.com/r/CryptoCurrency/comments/1onfeg4/sooocurious_as_to_wtf_is_going_on/nmwf752

AttemptKitchen

Crypto boom started with hundreds of projects being 99% speculative, nothing else. Like you said, maybe ETH, SOL and some other will survive, the rest are already dying and will be absorbed.

luforyou

Thanks for the input and info on DEXs. A new perspective on ETH for sure that I’ll think about.

CreativePhrase9202

You made a sound decision, no rent for life and you can actually think about retirement. I know how you feel, but whether you are up or down will likely only depend on the timeframe you choose. Well done on your house! Took me years to become mortgage free and there's no way I'm gambling my house for anything. I'll hold my BTC, ETH, BCH and RAWW(!), but my house stays mine! Good luck!

SpinaDeNavia227

Who says anyones life savings? Lol. If im responsible enough to thoroughly do my research, ofc im responsible enough to on stake or trade what i can afford to lose. Everything is gambling, even doing it manually, with Uniswap, ETH or with Mevolaxy’s AI bots, theres a risk still. But im being wise to do it on a platform with higher probability of winning and earning with ease and convenience, with mevolaxy. Nobody's forcing nobody.

VariatCA

Most alts have not made any meaningful development or advancement in half a decade, have not attracted growth in network usage or demand (many have watched their average transaction dwindle to practically nothing), have not distinguished their use-case against their competitors, and have done nothing but inflate the total marketcap of available coins/tokens for years via inflation or unlocks. Projects that are accomplishing/solving nothing for years, while network usage shrinks and the amount of coins floating around in the market with which to interact with the chain constantly inflates, are going to watch the value of their coin/token get decimated. Most of the existing alts are akin to Mom & Pop stores getting put out of business by the "Walmarts" of the crypto-space like ETH/SOL as attention, adoption and network usage concentrates into just a few projects.

biba8163

**The Age of Shitcoins is Over** > If BTC hits $100K AND Trump gets elected AND Gary Gensler gets fired AND the FED does a few rate cuts AND the stock market does well AND my Alt gets an ETF, then my Alt will surely moon! - $100K BTC, $110K BTC, $120K BTC! - Pro-Crypto Scammer President! - Gary Gensler fired! - FED cuts rates 3 times! - Stock market up 15% YTD! - ETH gets an ETF! ETH still -35% from 2021 high - XRP gets an ETF! XRP still -50% from 2018 ATH - LINK gets an ETF! LINK still -35% from 2020 high - LTC gets an ETF! LTC still -80% from 2021 ATH - HBAR gets an ETF! HBAR still -80% from 2021 ATH **The Alt Marketcap is Shrinking** The total Alt marketcap: - down -40% from 2021 - never reached 2021 levels throughout the bullrun - went up 5.4X from 2017 to 2021. Now it can't even reach levels from 4 years ago. | | Dec. 2017 | Nov. 2021 | Dec. 2025 |:-----------|:------------:|:------------:|:------------:| | BTC | $0.32T | $1.23T | $1.76T | Total Alt | $0.282T | $1.52T | $0.90T | Stablecoin | $0.001T | $0.11T | $0.32T | Total Crypto| $0.603T | $2.86T | $2.98T

AutoModerator

Post is by: Raw_Rain and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1prl99r/bitcoin_and_ethereum_navigating_the/ After a turbulent start to the year, BTC and ETH have shown signs of stabilization. Bitcoin is hovering around $45k, while Ethereum consolidates near $3.5k, reflecting broader market sentiment balancing optimism over adoption with lingering macro uncertainty. Key points to consider: • Macro Correlation: Crypto markets continue to react to interest rate shifts and traditional equity trends, highlighting the importance of monitoring macro conditions alongside on-chain metrics. • On-Chain Activity: Active addresses and transaction volume are rebounding, suggesting renewed user engagement even amid sideways price action. • DeFi & Layer 2 Growth: Ethereum L2 solutions and DeFi adoption are gaining traction, potentially driving ETH demand beyond speculative trading. • Regulatory Watch: Ongoing regulatory developments in the US, EU, and Asia remain a key factor for investor confidence and market liquidity. Discussion: • Are you leaning more on technical setups or fundamental adoption signals in 2026? • How are you managing risk with BTC/ETH in a market that’s showing mixed signals? • Any promising altcoins or Layer 2 projects you see as undervalued in the current macro environment? *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

tomsmac

ABSOLUTELY NOT ETH. Now with the much faster and much cheaper competitors you can expect ETH to be sub-$500 in the first half of 2026. Please are hanging onto it because it’s a “Brand Name”. PLEASE do extensive research and you’ll clearly see it.

Odd-Fun-1482

bro wants ETH to work so bad lol

biba8163

> my shitcoin has great fundamentals, why does it keep going down?!!! **Fundamental problem with crypto is that it has no fundamentals** - Cannot Generate Value for Shareholders - No Product to Sell - Token is the Product that you sell **Crypto Speculative Tokens are Marketed as High Growth Tech Companies** - Crypto is 100% speculative (Bitcoin itself is speculative) - Alts market themselves like Tech Companies which take time for adoption and growth - Unlike Tech companies Alts offer no innovative products and services that generate revenue - The only thing Alts sell is the Token itself **Price-to-Sales (P/S), a Fundamental Valuation Metric** QQQ heavily weighted towards tech companies currently has P/S ratio (marketcap/revenue) of approximately 6.16 and is considered overvalued because it's much higher than it's historical average. NVDIA for perspective has a P/S of 23 because it's priced as a hyper growth tech stock whose revenue has gone from ~$10 Billion in 2020 to $130 Billion today and continues to grow. Using that same metric, compare popular cryptos which collect fee revenue and distribute them to their staking token holders. | Network | Daily Fees | Marketcap. | P/S |:-----------:|:------------:|:------------:|:------------:| | QQQ | -- | --- | 6.16X | TRON | $6.9 Million | $26 Billion | 10.4X | LINK | $164K | $8.9 Billion | 149X | ETH | $330K | $360 Billion | 3,000X

Tall_Math_9370

Bull Markets are created in pessimism - no matter where I look - most of financial influencer, investor, entrepreneur, trader are telling right now the story of BTC 60k ETH 1.5k and SOL 70$ - that’s a indicator we gonna turn the tables soon. January is gonna be green

biba8163

**Fundamental problem with crypto is that it has no fundamentals** - Cannot Generate Value for Shareholders - No Product to Sell - Token is the Product that you sell **Crypto Speculative Tokens are Marketed as High Growth Tech Companies** - Crypto is 100% speculative (Bitcoin itself is speculative) - Alts market themselves like Tech Companies which take time for adoption and growth - Unlike Tech companies Alts offer no innovative products and services that generate revenue - The only thing Alts sell is the Token itself **Price-to-Sales (P/S), a Fundamental Valuation Metric** QQQ heavily weighted towards tech companies currently has P/S ratio (marketcap/revenue) of approximately 6.16 and is considered overvalued because it's much higher than it's historical average. NVDIA for perspective has a P/S of 23 because it's priced as a hyper growth tech stock whose revenue has gone from ~$10 Billion in 2020 to $130 Billion today and continues to grow. Using that same metric, compare popular cryptos which collect fee revenue and distribute them to their staking token holders. | Network | Daily Fees | Marketcap. | P/S |:-----------:|:------------:|:------------:|:------------:| | QQQ | -- | --- | 6.16X | TRON | $6.9 Million | $26 Billion | 10.4X | LINK | $164K | $8.9 Billion | 149X | ETH | $330K | $360 Billion | 3,000X

biba8163

> as the alt space dies off the truly strong projects that will last will rise above as beacons **Fundamental problem with crypto is that it has no fundamentals** - Cannot Generate Value for Shareholders - No Product to Sell - Token is the Product that you sell **Crypto Speculative Tokens are Marketed as High Growth Tech Companies** - Crypto is 100% speculative (Bitcoin itself is speculative) - Alts market themselves like Tech Companies which take time for adoption and growth - Unlike Tech companies Alts offer no innovative products and services that generate revenue - The only thing Alts sell is the Token itself **Price-to-Sales (P/S), a Fundamental Valuation Metric** QQQ heavily weighted towards tech companies currently has P/S ratio (marketcap/revenue) of approximately 6.16 and is considered overvalued because it's much higher than it's historical average. NVDIA for perspective has a P/S of 23 because it's priced as a hyper growth tech stock whose revenue has gone from ~$10 Billion in 2020 to $130 Billion today and continues to grow. Using that same metric, compare popular cryptos which collect fee revenue and distribute them to their staking token holders. | Network | Daily Fees | Marketcap. | P/S |:-----------:|:------------:|:------------:|:------------:| | QQQ | -- | --- | 6.16X | TRON | $6.9 Million | $26 Billion | 10.4X | LINK | $164K | $8.9 Billion | 149X | ETH | $330K | $360 Billion | 3,000X

Aobachi

Isn't ETH deflationary or did they get rid of that?

GaryPotter_

This is genuinely one of the dumbest, most overconfident posts I’ve read all year. It takes a handful of half true observations and then free falls into conclusions that completely ignore how markets actually work. Altcoins never rallied because people “owned” something. They rallied because of liquidity rotation, leverage, etc. Crypto Twitter is not the market. Institutions don’t need ownership rights to trade assets, they trade commodities, FX, every day. And the ETH take is straight-up clueless. ETH was never equity. Calling it fragile because it doesn’t pay cash flows is like calling oil fragile because it doesn’t issue dividends. Makes no sense

whisperedstate

Extremely common misconception. Ir is not infinite (the price would be litteraly zero), it is indefinite, but still capped like BTC. Let me explain. There is a protocol set emission of ETH per year in terms of PoS issuance for validaitng the network, and there is a small amount burned every transaction (a consequence of predictable gas markets). The net effect is that ETH has an issuance of ~0.5% per year, which is about where BTC will be at the next ha;fevning. The Ethereum network operates uner the philosophy of "minimum viable issuance" which is a policy to issue only what is required to pay for network security, and nothing more. But in both cases, BTC and ETH, there will be issuance in your lifetime. New coins will be minted and hit the circulating supply every year. And this is good, because without issuance the network will die (Bitcoins major flaw). So both BTC and ETH have capped supplies, its just ETH's supply is indefnite and fluctuates more because of the burn.

RatherCynical

The utility of ETH is mostly DeFi. DeFi is unattractive when rates are high. If rates stay high forever, ETH remains dead forever.

RatherCynical

ETH is not a very sound money when it behaves as a pure high-beta asset that needs low rates + QE to do anything at all.

6DeliciousInches

You mean it has no hard limit, slightly different thought. Where does new ETH come from? Is the ETH supply expanding or contracting? (You are commenting like you know the answers to these questions)

vklirdjikgfkttjk

So what? There have been many cycles where ETH has won? Keep stcking your head in the sand I guess?

vklirdjikgfkttjk

For good security on POW u want around 1% of mcap security budget. POS doesn't need as much since people don't have to pay for expensive machines and electricity, so ETH only needs to pay 0.2-0.5% but in 2040 BTC security budget would be 0.05% the security budget would be LESS than what it is today while the mcap has gone up 10x if price is 1mil. There would be 10x more incentive to buy up hardware and short the network than today. ELI5: BTC won't remain secure if the reward for attacking the network goes up by 2x every 4 years while the cost to do so remains the same. >This is such a complicated topic and dumbasses love to chime in on it as if they have any clue what they are talking about. 😂😂😂 The irony is too much for me

GroundbreakingPage41

Reminder that ETH is an alt for those in the back

RatherCynical

ETH has lost against BTC this cycle already. Cute theory though.

No_South_9912

Do you consider ETH, SOL, and XRP "altcoins"? All 3 beat BTC Friday

OrcOgi

Trump corrupted the well. Wallstreet corrupted the well. You feel weird cause retail has "won". People who are not rich now just were too late. Its the end of an era, thats what you feel. Greetingz, fellow 2017 gang. ×60 NEO ×30 ETH ×7 BTC never coming back. Diminishing returns make investing in btc useless.

KIR_Finance

Nice write up. I can tell you’ve been doing this a while and I agree with your assessment. A couple case studies: Jasmy - Real company. Real patents. Real technology. ERC20 token that to date (up until the creation of Janction) has had no utility. So now it gets utility but how do you tie the crypto coin to the business results of the company? It isn’t a stock. It doesn’t represent ownership. It has no tie to business results. This is where the community struggles with valuation of the asset. Polkadot - Has always had a marketing/marketshare/barrier to entry problem that it had tried via community governance to overcome and (at least from an outsiders view) has had a very hard time achieving meaningful change especially when large holders dominate governance. Ethereum - Even in the case of ETH you often see quotes from Vitalik disagreeing with the Ethereum foundation, which makes me question if the democracy is the best thing for ETH vs the governance of the philosopher king (Vitalik). Maybe the solution is either with coupling a company issued NFT or simply having the utility be the gas token which is not traded whereas the company NFT is. So think a derivative of ownership, really no different than a stock. Top 10 make the board. Top 100 have voting rights. That structure would likely make more sense by attracting investors to ownership. Company results would be more reflective in token values. Perhaps alts start deviating from BTC?

Vinnypaperhands

>ETH hasn’t ever changed monetary policy - the monetary policy is minimum viable issuance Excuse me what? Lol... Bro..... Eth was once mined..... That's how new coins were created. That no longer exists on the chain. You can no longer mine eth, you now stake your eth. The issuance mechanism literally completely changed. That quite literally is a monetary policy change. If we were to have any form of hard money , you think it's going to be an experimental crypto that has undergone numerous changes to its monetary policy? The world needs a stable form of money not some experimental one with smart contracts that is constantly changing. I have owned eth since 2017. I've never considered it hard money and none really should. >You cannot be sure that the hard cap will not be lifted, as logically it is needed to secure the network in the longterm True, it is possible but that would require everyone on the network to agree and that seems incredibly unlikely as that would be a large change. Bitcoin has gone through changes but very minor ones and I see that trend continuing. We need Bitcoin to be a solid rock foundation. >itcoin will need to make upgrades for quantum and security budget - both of these things require the community to reach consensus, and it’s fair to say the community being divided makes this that bit more difficult Yes many coins will need to make changes. How far away are we? How serious is the threat? Those are questions not many know. We are fearful of quantum but none of us really know what's going on. When it comes to things like quantum resistance, I don't think the community will be too divided if it's proven we need it. Figuring out what solution may be the hard spot. Eth will have to do this too but the main difference is the foundation will most likely decide what will happen lol. Of course there will be a battle with Bitcoin because there is no head or foundation. >Both these things undermine security as you cannot be certain that the logical thing will be done, which leaves the network vulnerable to attack and centralisation No they don't lol. These are issues we must face in the future but right now Bitcoin is the most secure Blockchain. Having to have quantum proof wallets or whatever added to BTC does not undermine its security at all lol. To say bitcoins max supply being able to be changed through large consensus is a security threat is also not true. That's simply how Bitcoin was designed. Anything can be changed through the community and consensus. That does not undermine bitcoins security as it was built like this for a reason and it was built to be very difficult to change.

vklirdjikgfkttjk

Because BTC will have do be inflationary forever to solve the halving problem, while ETH is deflationary / gives dividends forever.

trillionSdollarstech

CC (the token of Canton) and ETH deflate when the network is used (the fees are burned). So yes, you benefit from the growth of the network in terms of usage.

benzenol

Bitcoin for short-term exposure but ETH if you're looking for hardcore, HODL! action with intermittent smart-contract commands for an even higher curved ( Y ) axis on ur hidden paper wallet. *Though I can't advise using a time capsule buried in the backyard, coming from personal experience. This one time the neighbor's dog had a diarrhea attack all over my porch then I was left to fend off with the brown~ish watery remains and horrible stench. Couldn't even swim in the the pool, kannye_Imagine~~Yacht?!!!!!*

Extra_Ad8616

ETH and BTC looking real centralized

ZhenyaV

alas, i was hopping i can finish 2025 without learning wtf is lindiness... \> If 80% of an asset's growth history didn't depend on equity and cash flow, it tells me the underlying demand never really gave a fuck about cash flow and equity. I agree that *historically* ETH and crypto assets did not grow because of equity or cash flows. But that doesn’t mean those frameworks never become relevant. Early ETH price growth happened because it was a novel asset with a tiny market cap riding the broader “blockchains are new technology” wave. That phase is over. As assets mature, valuation frameworks evolve. Startups don’t market themselves the same way at Series A and at IPO. ETH is not the same asset it was five years ago, so whatever go us here, won't get us further. \> You buy a banana because you like to eat it. I understand the analogy, but I don’t think it applies here. A banana has direct, consumable utility. You buy it because you want to eat it, not because others believe in bananas. Its value comes from use and from how hard it is to produce. With ETH, buying is different. If I buy ETH as an investor, I need to understand *why someone else will pay more for it later*. Utility alone doesn’t answer that. Paying gas is not the same as eating a banana. If belief is the only driver, price appreciation becomes disconnected from usage entirely. \> Most of these network tokens either become Lindy enough as Pokémon cards or fade away. You lost me here. This is an explicitly *faith-based* valuation model. I’m not interested in evaluating assets through a religious or collector lens. Maybe that works for BTC, which positioned itself early as a digital commodity. But ETH explicitly chose a different path (maybe incorrect one in the last years): programmability, coordination, economic activity. Asking ETH holders to now adopt a Pokémon-card mindset feels like a category error. \> Crypto shouldn’t remain extremely liquid/high volume… you need a core religious group willing not to sell. This is precisely the problem. Price appreciation in this framework depends on coordinated belief and restraint, not on value creation. Belief systems don’t scale well without enforcement mechanisms. And for price to appreciate we need more of these religious believers who won't sell. More collectors. I think its pretty hard to grow any religion these days, btc being the most recent success and exception. And since if we are looking at alts as a collectable - then we don't necessarily want it to appreciate? A collector just wants to own the item, even if its -99%. Again - pretty bad talking points for the new converts. If ETH is to grow meaningfully from here, it needs a clearer framework for *why* marginal buyers will show up later. Belief may start markets, but it doesn’t sustain mature ones.

DryMyBottom

ETH has been very disappointing this year

Life_Ad2032

I’ve been very interested in sol but I’m not sure if would be a long term investment I’ve thought about ETH as well

Small_Appearance2014

$100–$200 is totally fine to start. Focus on learning and consistency, not big amounts. Stick to established coins like BTC or ETH, invest slowly, and only what you can afford to lose.

Small_Appearance2014

BTC is safer long term; ETH could outperform but with higher risk. A mix is often the balanced choice.

ec265

ETH hasn’t ever changed monetary policy - the monetary policy is minimum viable issuance It has changed issuance, but not only has this not been done since the move to PoS, it has only ever decreased it - larger issuance under PoW to bootstrap the network, to then implement PoS was always the plan BTC is no different to ETH in terms of how it is governed - both rely on social consensus You cannot be sure that the hard cap will not be lifted, as logically it is needed to secure the network in the longterm Burying heads in the sand is not a form of hardness - it is a weakness Bitcoin will need to make upgrades for quantum and security budget - both of these things require the community to reach consensus, and it’s fair to say the community being divided makes this that bit more difficult Both these things undermine security as you cannot be certain that the logical thing will be done, which leaves the network vulnerable to attack and centralisation

vantran53

This is easy to answer, just watch ETH/BTC pair like a hawk. You can easily see how ETH has mostly lost values against BTC, but it is gaining momentum lately, maybe due to Tom Lee’s relentless pumping. 😁

DreamingTooLong

The ETH/BTC trading pair went from 0.15 BTC to 0.03 BTC over the last 8 years. BTC has a fixed max supply. ETH has an infinity supply.

MaximumStudent1839

> do i understand you correctly: you’re against ownership, equity, and cash flows as the primary valuation framework. The market is propped up by supply and demand, not by what I am against or pro. If 80% of an asset's growth history didn't depend on equity and cash flow, and it keeps performing as the number 2, it tells me the underlying demand never really gave a fuck about cash flow and equity. You buy a banana because you like to eat it. Imagine you telling a banana lover they should stop buying bananas because bananas have zero cash flow. Do you see how silly that is? However, if your token derived its initial valuation from DCF, like Aave or Hype, then it makes sense to continue valuing them by DCF because that is where the market shows the core buying interest comes from. > so where should the value come from instead? Just like a banana, it is really subjective. The Fidelity guy called BTC a Labubu. It is not too far off. I think most of these network tokens either become Lindy enough as Pokémon cards or fade away like Labubus - obviously BTC is more akin to Pokémon than Labubus in terms of Lindyness. If you go into the BTC forum, it is about becoming a "whole Bitcoiner". That is apparent evidence that a collector's obsession drives the buyer's mindset. > who is the marginal buyer willing to pay a higher price later? Some assets will find ways to justify higher prices by treating them like collectibles. Generally speaking, this asset class is not meant to be liquid. It is more faith and collector-based. > How to value an asset based on its network effects, How do you value where the demand for a banana comes from? You have to watch how the market evolves in its preferences. It is a collection of subjective tastes aligning in interest. In large part, ETH's underperformance stems from old buyers selling/abandoning their network because their investments in NFTs, Web 3 companies, etc., didn't pan out, and they sell out to exit the space. BTC had a cleaner, more consistent narrative, building a more lindy holder base aligned with a common goal. Over time, ETH eventually buys out the old, grumpy holders and replaces them with new buyers with their own subjective views on ETH's role/value. That is how the market determines its value. > pushing eth back to pow would group it with passive stores of value like btc. In that case, the premium from economic activity and programmability diminishes. I used to mine a lot of coins. PoW has no such premium. It is a lie. Most die and never come back. It is really the social subjective layer and religiosity around the coin that improve its performance. But this space pushes plenty of garbage PoW propaganda. If PoW really had such premium, then ETHW wouldn't be in the gutter.

CMDR_Coulter

I agree, aside from Link and ETH. These are God coins

cjharris-tx

I would go half ETH and half SOL, because they both have smart coin features and undergo active development. Many people believe BTC is lagging in technology adoption. Regardless of whether or not you think smart coin attributes are important, at some point it will become relevant, so it's better to embrace the future than stick your head in the ground like an ostrich and ignore it. If you think of crypto like stocks, smaller companies always outperform larger ones. Although I am not in this camp, some people think SOL could surpass ETH in price because of speed. However, the flip side is the ETH network has better stability. End users will gravitate to the network where speed or stability is more critical, so neither one is superior in my eyes.

dimitry_sx

$TON $LINK and of course BTC-ETH-SOL

Odd-Parking-90210

ETH was pre-mined. How is that hard money?

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Post is by: Clear_Medium_5858 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1pr4cka/peter_brandt_says_clarity_act_wont_move_bitcoins/ Veteran trader Peter Brandt is throwing cold water on expectations that the US Clarity Act will pump Bitcoin prices. The next near-term milestone is a Senate committee markup in January (per White House crypto czar David Sacks), but Brandt’s saying it’s not gonna be “world-shaking” for BTC. His take is pretty straightforward. Yeah the regulation is needed and will be good for the industry overall, but having an asset get regulated isnt some earth-shattering event. Especially when alot of Bitcoin maxis never wanted regulation in the first place. He thinks it’ll clarify the regulatory structure which is positive but wont redefine Bitcoin’s value. John Glover from Ledn agrees and says the Clarity Act has already been priced into the market. Any benefits to price action would be more delayed over time as Bitcoin and ETH gain broader acceptance as investable assets. So dont expect fireworks on day one. The more interesting part is Brandt’s price prediction. He believes Bitcoin is currently in a bear market and could trade down to $60,000 in Q3 2026. Thats a 31% drop from current levels around $88,000. He says the charts are suggesting this move but his downside bias is “moderate” because of stuff like the Clarity Act providing some support. Senator Cynthia Lummis has been pushing hard to advance the bill and mentioned the crypto industry was getting concerned about progress since drafts kept changing during bipartisan discussions. The bill addresses digital asset market structure which is important long-term even if it doesnt create immediate price action. So basically temper your expectations if you’re expecting the Clarity Act to moon Bitcoin. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

MaximumStudent1839

It feels like the entire space had a random brain hemorrhage. > And relevance is fragile in a world of L2s, fee compression, and improving tech. ETH made its most significant parabolic pullback when it was a proof-of-work coin. Where the fuck was your "ownership", "equity", "cash flow", then? The reality is, those buyers never indexed on them. This brain hemorrhage started during the last bear with this ultrasound BS. I agree with you on some of these points. It is why it is better to be bullish on network-effect assets and bearish on DeFi tokens, "ICM" tokens, etc. All these ad hoc fixes like "ownership" coins don't fix the core problem - you need meat space laws to enforce ownership on RWA or business contracts with teams.

66th

He did a test transaction. That’s how that scam occurred. The scammer/bot then sent ETH dust with a newly created wallet that started and ended with the same numbers.

devCheckingIn

>or don't care when BTC/ETH is up It's not even up to where it was yesterday. What could people possibly be excited about?

Lanky_Leek6677

If you want sleep → BTC-heavy. If you want growth + risk → add ETH.

VariatCA

You know how all those comments were appearing around the August and October ATH's, with people noticing "Wow we're reaching another new high and it's totally dead in here, Retail's still nowhere to be found"? Most people either have nothing to complain about on green days, or don't care when BTC/ETH is up because it doesn't affect their altcoin#91,381. Green days statistically get about 50% fewer comments. We had *fewer* comments on October 6th, Bitcoin's most recent high, than we did merely two days ago on a day that technically finished -0.8% but had high volatility. https://old.reddit.com/r/CryptoCurrency/comments/1ppdmkl/daily_crypto_discussion_december_18_2025_gmt0/ --671 comments https://old.reddit.com/r/CryptoCurrency/comments/1nz47e4/daily_crypto_discussion_october_6_2025_gmt0/ --661 comments

brandonholm

Bitcoin and it’s a no brainer. ETH will continue to lose value against bitcoin as time goes on.

Threemonkeys123

I’m sure it was backed by the big banks at the start (ETH) but it’s definitely decentralised 👍

SubstantialPlenty301

ETH has the brightness and biggest brains and the community is much larger.

AD1AD

It's so dead that it has an active community with conferences, hackathons, podcasts, multiple node implementations, many dedicated wallets, extensive merchant adoption, a growing DeFi ecosystem with derivatives, predictions, DEXs, and overcollateralized stablecoins, quantum proof cryptography, ultra valuable upgrades coming in year after year that continue to widen the gap between BCH and BTC, and close the gap between BCH and ETH, all without sacrificing its excellent scaling characteristics... https://www.tradingview.com/chart/?symbol=BINANCE%3ABCHBTC I'm no charts guy. Does that look like a rounded bottom to you?

Vinnypaperhands

>ETH has a superior monetary policy to BTC I highly disagree. It's crazy to say eth has a better monetary policy after eth completely changed its monetary policy just a few years ago lol. I mean it's an absurd statement to make. Forget the many other reasons why Bitcoin is hard money and eth is not, its monetary policy change alone proves it is not a better hard money full stop. >ETH has an issuance cap - it will always pay the minimum required for security, but this is offset by EIP-1559 Eth has no cap. There is no supply cap and idk anyone who can be sure there will or won't be considering eth has undergone many changes since Inception. Exactly my point, who know what eip-18462 will be??? Maybe it goes back to pow? Maybe it's something completely new? My point is you can't be sure about anything when it comes to eth and many altcoins. There are foundations that run these projects and these people's opinions and trajectory will always be changing. >BTC has a hard cap - it reduces the amount it pays for security and so cannot guarantee security No one knows what's going to happen in 150 years when the last Bitcoin is mined. We have a lot of time to iron things out when it comes to bitcoins future security. If Bitcoin is worth millions by then, then fees should be able to secure the network but we are many many years away from needing such a solution There are already many solutions and ideas to discuss on Bitcoin forums. >A blockchain without security is worthless True. Good thing Bitcoin is the most secure Blockchain lol

RatherCynical

ETH is not harder money at all. ETH costs very little to make more of. BTC costs tens of thousands in raw electrical power. BTC, like gold, has very high unforgeable costliness. It'll get more costly in the future. ETH does not have to do well at all, even if BTC is $10million.

Braviosa

BTC has the most mainstream supporters and it will deliver reliable returns. Risks would be a better tech becoming available (quantum decryption is easily countered with quantum encryption). We'll see Satoshi's wallet ID hacked, but chances are the funds have been burnt. ETH may yield substantially larger returns, but it will have the same potential quantum security issues as BTC, but that's negligible. the real issues with etherium are cost and speed. Eth also has competitors in Solana and Cardano which offer much of the same l2 functions at a fraction the cost and faster. Ethereum will be a riskier investment, and could easily be supplanted by competitors. They really need code rebuilds that reduce gas fees.

Wingmusic

Solana is the new Ethereum. OP, here's some ideas for you. Buy $2000 of INF. It's a Solana LST. Go on Jup Lend or Kamino and loop it with borrowed SOL, multiplying your INF by like 10x. You will have 10x INF and debt in SOL. These are correlated assets, so the position is delta neutral (won't be affected by price changes), except for your original INF. This will net you around 17% apy. So you're $2000 worth of INF will turn into $3200 after 3 years if prices stay the same. If SOL hits $1,000 then it'll be worth more like $25k. On one of those same platforms by WBTC or cbBTC and leverage them 1.5-2x. At 1.5x you would get liquidated if BTC hits like $35k and 2x like $45k. So you'll double your exposure to BTC at the cost of a few percent in interest and at the risk of losing it all if BTC crashes really hard. But if that happens you can just adjust your position and it'll be a great opportunity to double down. Put the rest in ETH.

coinfeeds-bot

tldr; Ethereum's leverage ratio on Binance reached an all-time high of 0.611, indicating aggressive risk-taking by traders. This surge in leverage coincides with increased buying pressure, as the ETH Taker Buy Sell Ratio hit 1.13, showing optimism for price rebounds. However, the high leverage also raises the risk of extreme volatility and potential long squeezes. Ethereum's price remains fragile, trading around $2,900, with significant losses over the past months, while speculative activity dominates amid muted retail participation. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

ec265

ETH has a superior monetary policy to BTC ETH has an issuance cap - it will always pay the minimum required for security, but this is offset by EIP-1559 BTC has a hard cap - it reduces the amount it pays for security and so cannot guarantee security A blockchain without security is worthless

ec265

Consensus mechanism doesn’t really come in to it Google the definition of a hard asset and it should be apparent that ETH fits the bill Coupled with lower and sustainable inflation, plus less uncertainty, it is clear that ETH is a harder asset to BTC

ec265

Liquidity doesn’t magically happen - it is earned And your ETH FUD is stuck in 2017 - modularity allows for infinitely more scalability than monolithic blockchains Solana is *slow*

biba8163

> People just aren’t buying alts The Age of Shitcoins is Over > If BTC hits $100K AND Trump gets elected AND Gary Gensler gets fired AND the FED does a few rate cuts AND the stock market does well AND my Alt gets an ETF, then my Alt will surely moon! - $100K BTC, $110K BTC, $120K BTC! - Pro-Crypto Scammer President! - Gary Gensler fired! - FED cuts rates 3 times! - Stock market up 15% YTD! - ETH gets an ETF! ETH still -35% from 2021 high - XRP gets an ETF! XRP still -50% from 2018 ATH - LINK gets an ETF! LINK still -35% from 2020 high - LTC gets an ETF! LTC still -80% from 2021 ATH - HBAR gets an ETF! HBAR still -80% from 2021 ATH

Laicosin

If you're just parking it somewhere and forgetting about it, why not stake it as ETH. At current returns you could grow that principal by about $1000 over 10 years.

AmazingfurnitureCT

Choose both 50/50 or 70/30 BTC/ETH

benjaminchodroff

Bitcoin first as hard money, but there is nothing wrong with a bit of ETH too for helping power the future of finance. With $3k, I'd just keep it simple and just stick to bitcoin only and not look back.

SubstantialPlenty301

Jesus. Because It's an alt coin. That's why. Long term, only BIT and ETH, maybe SOL will be relevant.

binary_quasar

Think objectively and don't get swept up in project narratives, most of them are vaporware. In practice, this usually looks like only buying Bitcoin and ETH, maybe SOL/LINK if you have a larger risk appetite. Investing requires conviction, but conviction breeds emotions and emotions will never make you a better investor. Conviction that the underlying value of a given project's progress, development, and utility should be higher in the future. Most altcoins barely have much progress made and are still being developed, so they strongly focus on the utility narrative, meaning they are trying to **sell you a solution to a problem.** If somebody is trying to sell you a solution, then you must ask yourself how impactful the problem is and if blockchain or smart contracts are the **best** way we can address it. The answer is usually no and there are often better solutions to the problems altcoins are trying to solve. Bitcoin built the entire space and almost all of it is built on Ethereum, while LINK provides oracle data to almost everything. This is real utility and no other coins come even relatively close to providing this much for the space. This is the infrastructure of the entire sector. These are the only plays I have even an ounce of conviction for. Everything else, you should catch on pumps and sell the second you smell weakness. Otherwise, you are now a long term holder of somebody's dogshit.

Squash_Confident

FART & BONK No, but seriously a healthy split of BTC and ETH, maybe some LINK.

ec265

ETH is harder money than BTC, and that’s not just because there are *more* uncertainties with BTC BTC’s future is very uncertain, be it quantum, be it declining security budget, be it centralisation concerns

ec265

ETH There is no second best

RatherCynical

The value proposition is different. ETH is not "sound money", it's an internet-computer. Sound money has lower uncertainties than internet computers.

No-Tradition4622

Okay, just curious what do you think would happen to ETH if BTC crashed?

bojacked

have they capped supply on Etherium? I think that the finite supply vs infinite supply or a system where more can be created arbitrarily is what people are trying to get away from. I still dont actually now how ETH and SOL supply work honestly.

cosmic_censor

ETH has more utility and is more actively developed. In the arena of Defi, it has more than half the total TVL and ETH dApps have significant presence in all crypto use cases. The BTC developer community is more conservative and innovates more slowly. Moreso, the BTC community is hostile to the idea that blockchain has any use case beyond payments and yet refuses to accept that BTC cannot even do that adequately. But long term, ETH has a lot of competition and has to work hard to maintain its dominance. Any misstep by the EF will be capitalized by a competitor. BTC on the other hand does not actually do anything beyond being a store of value. For that it gets a monetary premium and also makes it harder for competitors. Nobody can do nothing better than BTC. Quantum is a bigger risk for BTC because of the satoshi wallets and because BTC development occurs slower. Ethereum successfully moved from PoW to PoS and going quantum resistant has a similar scale and complexity to that switch giving confidence to the idea that the EF can pull it off.

SubstantialPlenty301

Obi ETH. Utility bro

Ok-Proposal6598

ETH will be the Boom in 2026, many quantitative analysts place it as number 1 in growth.

iamthinksnow

I was about to screenshot, but like you, decided to sell and sold off the last handful of my circa-2016 $12 ETH when it was bouncing between $4,600 and $4,000 a few months ago. I'm just doing siding on the house, but it feels good, man.

markaction

Ethereum is better equipped for quantum resistance (multi-sig wallets, future wallet developments, overwhelming larger development community, etc...). Additionally, most of Ethereum is locked in the staking contracts. Bitcoin has a Satoshi-level bounty for quantum hackers, and once that wallet starts moving Bitcoin, there will be a race to exit the chain. Just about every use-case in crypto where there is economic activity involves smart-contracts, and Ethereum along wth its L2s have won here, and the network effects from this are huge. Stocks, as we speak, are being tokenized on-chain, along with the exponential expansion of stable-coins. Every time you hear the work "tokenization" and "stable-coins" -- they are talking about Ethereum. Bitcoin needs transaction activity to compensate the miners to support the network. There is no network activity with Bitcoin, and that doesn't look that will ever change. Seriously, how often do you spend Bitcoin? People on Ethereum spend ETH daily just on decentralized finance alone. Where does a pet rock fit in?

No_South_9912

So many buying through ETFs now. BTC, ETH, and SOL are the only 3 supported by major investment companies. Fidelity is self custody, not sure about others. A few ALTs are offered by "third party" investment companies..Investors are hesitant.

biba8163

The irony in all this: - Polymarket is built on Polygon. - Polymarket is the biggest crypto mainstream success story. - The NYSE parent company is investing $2 Billion in Polymarket because of prediction market data and wanting to bring prediction markets themselves to the NYSE. As a side node, contrast this to ScamLINK which has a "partnership" with the NYSE parent - the NYSE parent company haven't invested a single red American penny in ScamLINK. What can be learned: - Apps/Success/Usage/Traffic in a platform doesn't make the token appreciate - Network tokens need to remain cheap in order for the network to be used - If network is too expensive, users migrate and you will be forced to slash fees (ETH -90%, TRON -60%, etc) - Successful crypto apps with mainstream adoption don't need hundreds of millions invested and years and years to build. Polymarket was built in 3 months with $4 Million seed investment. - Successful crypto projects don't need a token - TradFi companies will invest billions in crypto related projects if they see any value. The bullshit crypto partnerships we see all the time, are just that: bullshit.

uncapchad

Stole ETH, converted it to BTC and USDT. So there's the tenuous connection to Bitcoin. Not even hackers want alts these days

Ok-Proposal6598

The Risks: Legal Scrutiny: Solana faces legal challenges related to its meme coin launch platform and validator setup, with accusations of market irregularities that could negatively impact investor confidence and perception. Furthermore, manipulation is rampant; SOL is weak fundamentally, and the network is always congested. It has already reached its all-time high, and Solana could fall to $9. For now, BTC and ETH are "safe bets" with less volatility. Additionally, JP Morgan launched a token on the ETH network. There may be projects with better fundamentals, but all altcoins are bleeding money. Another example of a scam is PIPPIN on the Solana network.

Pristine_Kangaroo527

SOL doesn’t have the institutional adoption that BTC and ETH do, which is why there’s more potential upside. I’m not saying put all your money into SOL, but SOL is growing and will be the next thing to get institutional adoption. You can also look at things like ETF inflows and on-chain transactions to see how big SOL is.

Ok-Proposal6598

But if we're talking about technical analysis, the difference is that Bitcoin has massive institutional adoption, while Solana is mostly used for speculation. The capital outflow is massive, due to demand. You're ignoring that point. I'm not a chat guy, bro; I build pipelines in Python for quantitative analysis. And it doesn't look promising for the future, whereas ETH is going to boom in 2026.

Patient-Bumblebee

Yes its quite insane. Some of the options have funding rates of 10% per hour, which implies that someone is willing to pay 10% of their position size per hour just to hold the options contracts. Reason: The options have very high upside if you catch a large spike (literally can earn 1000x in an hour). For that reason they are also incredibely risky to sell, but if you also hold the underlying (ETH in my case) in equal proportions, you are fully hedged and there is virtually no risk.

Pristine_Kangaroo527

Avoid buying any crypto other than BTC, ETH, and SOL. There may be a few other diamonds in the rough but picking them out of the stack of crypto that exists is a gamble. And no, children, there isn’t going to be an “alt season” where the entire crypto market and every shitcoin pumps like happened previously. That’s not how markets (ordinarily) work.

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Post is by: Animalverse and the url/text [ ](https://goo.gl/GP6ppk)is: https://animalverse.social/community/p/28378/ Ethereum core developers have officially named the network’s next upgrade after Glamsterdam as “Hegota,” further defining the network’s 2026 development cycle as it continues its twice-a-year release cadence. Hegota blends the execution layer’s “Bogota” upgrade, following the tradition of naming updates after Devcon host cities, with the consensus layer’s “Heze”, named after a star. Developers said the headliner EIP for Hegota will not be selected until February, while work on Glamsterdam — Ethereum’s first scheduled upgrade of 2026 — continues. #Ethereum #ETH #Hegota #Protocal #TheVerge #Blockchain *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*