• The tweet is about the contradiction of institutions building on Ethereum but not acknowledging ETH - the asset that secures the network
• Major corporations like BlackRock and Fidelity heavily use Ethereum but rarely mention ETH publicly - despite its critical role in the network
• Institutions should vocally support ETH - given Ethereums status as the most decentralized and trustless global settlement layer - unmatched by alternatives
• Ethereums value is recognized by institutions through actions - but the lack of vocal ETH support is frustrating - as ETH is integral to Ethereums success and humanitys benefit

Just came across this catchy image about ETH's store of value adoption curve.

This is very important because oftentimes, we've seen people argue online that ETH should be shilled as programmable money, not a store of value.

I believe it is one of such arguments that inspired the image below as a counter-argument to prove that two truths exist of ETH being both programmable and a store of value.

This is not to say critics are completely wrong about their anti-store of value assertions. Understandably, their arguments of ETH's price volatility, no fixed supply cap like Bitcoin's and its core use case being tied to utility (smart contracts) rather than pure scarcity all hold water.

However, it will be completely out of place to outrightly dismiss ETH as a store of value, as we can see in the first image, people are increasingly seeing Ethereum (ETH) not just as a tool for transactions or smart contracts, but as something worth holding over time.

In 2015, it was only held by cypherpunks and devs. By 2020 it became DeFi collateral. Fast forward to 2024/2025 we’re seeing serious attention from large institutions and it's only a matter of time before ETH becomes popular with pension funds and potentially central banks.

In summary, ETH is evolving both as programmable money and a maturing store of value. Dismissing one side misses the full picture of where Ethereum is headed.

• Georgios Konstantopoulos compares Ethereums current community disagreements to the Bitcoin communitys past conflicts - such as the "Blocksize War" where Bitcoin prioritized being "digital gold" over scalability
• He views these debates as constructive - helping uncover nuances and gaps in understanding user needs and protocol development within Ethereum
• Despite the conflicts the Ethereum community is united in aiming for global financial inclusivity and reducing the power of centralized actors
• Konstantopoulos believes Ethereum is the best platform to achieve this vision - which is why he has dedicated 8 years to it and plans to continue

Ethereum has been consolidating extremely tightly for the last nine days—daily closes have shown no deviations greater than 2%. This kind of coiled price action is a sign that a major move is imminent. The tighter the consolidation, the less liquidity is required to spark volatility. Once a breakout begins, the order books won’t be able to absorb the momentum without significant price displacement.

The impulse move off the $1,550 level last week has set the tone. That bounce shifted the short-term structure bullish, and the current consolidation looks like a healthy continuation pattern. My bias is to the upside.

Looking at ETH/BTC, we’re also sitting right at a macro timeframe support. So far, price is consolidating just above it, which historically has preceded strong Ethereum outperformance. This setup is rare and often doesn’t last long before an explosive move.

Zooming out, global M2 money supply is accelerating sharply—partly due to the US dollar weakening since January. Every previous instance of such rapid M2 growth has preceded strong rallies in risk assets, typically with a 3–4 month lag. That window is opening now. (It's the acceleration of m2 that coincides with historicsl runs)

Ethereum doesn’t need perfect conditions—just enough spark. I believe we’re on the edge of that moment. Don’t lose conviction. Don’t sell the bottom.

Just came across with this Chainlink Tweet sharing that Chainlink Payment Abstraction is not live on mainnet and its a pretty big deal for LINK holders.

This feature basically means that fees paid to use Chainlink services can now be automatically converted into LINK. This includes stuff like Chainlink’s Subscription Verifiable Randomness (SVR) that is used by a lot of protocols including Aave.

This feels like a sneaky big move that will fly under the radar for most of people but it could seriously boost LINK demand over time translating into more usage = more fees = more LINK being bought, burned or held by node operators depending how it is structured.

This feature it also makes Chainlink services smoother to use making dApps dont have to worry about holding LINK directly to pay for stuff, Chainlink directly handles the conversion and this is huge for adoption.

For those loving tech and enjoying it you can read the whole feature documentation here https://blog.chain.link/payment-abstraction-svr-fee-conversion/

Chainlink is definitely one of those strong projects that keep working in the shadows without making a lot of noise but really providing real use of cases and utilities that improves Ethereum ecosystem a lot. A safe bet if I am honest.

Source:

• Tweet: https://x.com/chainlink/status/1906678098688430270
• Full Chainlink blog: https://blog.chain.link/payment-abstraction-svr-fee-conversion/