Ethlabs researcher states ETH lacks clear value narrative
2026-07-01 22:03
Odaily Planet Daily News: Former Ethereum Foundation researcher and Ethlabs member Ansgar Dietrichs said on Laura Shin’s Unchained podcast that after failing to break through $5,000 in five years, ETH still lacks a clear value narrative. Ethlabs was established on June 22, founded by five former Ethereum Foundation researchers, and is supported by Bitmine, Sharplink, and Consensys founder Joe Lubin.
On-chain analytics firm Cryptoquant stated that currently over 32% of the ETH supply, approximately 39.5 million ETH, is being staked, while exchange balances continue to decline. The firm also noted that Ethereum’s daily active addresses and smart contract activity have set records, but the ETH price has fallen more than 50% from its high in this cycle.
On-chain analytics firm Cryptoquant stated that currently over 32% of the ETH supply, approximately 39.5 million ETH, is being staked, while exchange balances continue to decline. The firm also noted that Ethereum’s daily active addresses and smart contract activity have set records, but the ETH price has fallen more than 50% from its high in this cycle.
추천 기사
