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taishiro
But every delay extends the window where L1 fee revenue stays depressed (~$41M recently) while L2s capture activity with near-zero settlement costs, and competitors keep nibbling at RWA share.
Swell’s suspected hot-key compromise (potential ~2,513 ETH exposure via malicious upgrades + unbacked rate hikes) is a fresh reminder that liquid staking / restaking operational risk remains real even as the broader staking base grows.
$ETH
taishiro
Corporate treasuries and large holders continue locking supply even as ETF flows stay choppy. That reduces free float more reliably than short-term ETF noise.
On the protocol side, postponing the Glamsterdam Hoodi activation to properly review EIP-8037 (state-creation repricing) interactions with live contracts is the right call.
Security > schedule.
$ETH
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