Technical Roadmap - Ethereum aims to achieve a state of technical completion, transitioning into a maintenance phase [1] - The roadmap includes implementing ZK-SNARKs for enhanced privacy and scalability [2] - Optimization of Ethereum involves replacing unoptimized components with superior alternatives, such as replacing Kadjac with Poseidon and EVM with RISC-V [2] - The goal is to make every node ultra-light and easily verifiable [2] Privacy and Security - Prioritizing privacy as a default feature of the Ethereum experience [2] - Promoting self-custody solutions that balance self-sovereignty with user-friendliness [2] - The industry envisions a future where trustless security, based on cryptography and code verification, becomes the societal norm [3][4] - The industry aims to replace the "trust me" approach to security with cryptographic verification, similar to the adoption of HTTPS [4] Impact on Finance - The industry anticipates finance to operate on Ethereum by default [3] - Ensuring users have robust options for preserving privacy in financial transactions [3]

Price Targets & Predictions - Ethereum is expected to recover to $4,000, a level seen in December [2] - A potential Ethereum price target by year-end is $7,000, with possibilities of reaching $12,000 to $15,000 [3] Ethereum's Relative Value - Ethereum's story is stronger than it was a year ago [2] - Ethereum's ratio to Bitcoin was 0.05% a year ago, which translates to almost $6,000 at current Bitcoin levels [2][3] Market Drivers - Ethereum treasuries starting to buy Ethereum could drive the price up [3] - Bitcoin's price increase will positively impact Ethereum's price [3]

Cryptocurrency Issuance Comparison - Bitcoin's issuance is 10 times higher than Ethereum's issuance since the merge [1] - Ethereum has issued 0.13% annually since the merge [1] - Bitcoin has issued 1.3% annually since the merge [1]

Market Dynamics - ETH 的上涨若由 Tom Lee 的购买行为驱动，则预示着比特币主导地位的实质性下降，这在图表上表现为显著事件，而非短暂波动 [1][5] - 比特币作为投资标的，因其 21 million 单位的稀缺性，吸引了 Michael Sailor 等投资者的青睐 [2] - Tom Lee 认为 Ethereum 是全球金融体系的支柱，并大量购买 Ether，其行为与比特币的发展路径相似 [3] - 比特币主导地位的下降，与 Solana memecoin 热潮和 Trump token 现象不同，前者在图表上表现为更显著的趋势 [4] Investment Strategy - 行业需要将 Ethereum 打造成一种具有吸引力的投资资产 [3]

Bank station, it is the second week of August. It's time for the Bankless Weekly roll up. We got ETH just teasing us on that all-time high, David.It's not quite hit it yet. >> Just ripping through numbers, but not breaking alltime high. Well, because ETH was like $2,000 less two weeks ago.It's $1,000 a week for two weeks, >> but we're so close. Just using it. Also, Bitcoin did hit an all-time high stealing some of the glory.Uh, and then Tom Lee is the first to 1 million in ETH in his ETH treasury vehicle. O ...

Regulatory Compliance & Market Perception - The industry views ETH as a legally compliant blockchain, which presents a significant obstacle for some [1][2] - Wall Street firms prefer quantitative models and spreadsheets for analyzing crypto investments [1] Investment Analysis & Modeling - Analysts are seeking models to predict gas fee changes related to stablecoin usage on the ETH network [1] - Key variables include stablecoin volume, ETH transaction allocation, Layer 2 adoption, and associated fees [1] Strategic Considerations - Over-reliance on spreadsheets can lead to analysis paralysis, obscuring the broader strategic advantages of ETH [2]

How in the world do you get to 5% and are you serious about that number. Well, Micro Strategy is 3.2% of the network's circulating supply right now. Micro Strategy wants to get to at least a million Bitcoin.Micro Strategies achieved the 3% in 5 years. So, they were buying basically 16 cents worth of Bitcoin a day every day for the last 5 years. Bit mine, if you look at it from inception to now, has added about 80 cents to a dollar per day in Ethereum.So it's about 12 times faster than Micro Strategy. So we ...

Could things have been done uh better in terms of the uh early relationship with Bitcoin. Like I think it's uh kind of always uh a bit sad that Ethereum was not able to kind of capture more Bitcoin momentum. If for example Ethereum had been a fork of Bitcoin and then basically hey we are switching to proof of stake we're going to start with some crappier proof of stake on day one.Potentially, Ethereum could have just been the Bitcoin big blogger. ...

the social aspect of uh coordinating around ETH just being an asset that companies can have as part of their treasury is good and uh valuable and uh having different vehicles for people to have uh access to ETH which is I think one of the reasons why people are buying into treasury companies instead of just huddling ETH directly is uh also good. Giving people more options is good. There's always people in all kinds of different financial circumstances.If you woke me up 3 years from now and told me that trea ...

Market Sentiment - Skepticism is necessary for markets to rise; universal bullishness signals a market top [1] - A bubble forms when widespread bullish sentiment fails to translate into market gains [2] - The current market rally is viewed with skepticism by institutional clients, suggesting further upside potential [1] Investment Strategy - The non-consensus view that stocks should rise strengthens the case for investment [1] - Rising digitalized treasuries do not necessarily indicate a bubble [1]