Ethereum co-founder Vitalik Buterin suggests the network should emphasize ETH's role as a store of value rather than relying on fee burns for its value. While keeping the EIP-1559 burn mechanism, Buterin argues that fee burns don't need to offset new ETH issuance to maintain value and warns that aggressive fee burning could threaten decentralization. He estimates the network would need about 700,000 ETH annually to support its current market cap through fee burns, which he sees as unsustainable. This shift highlights ETH's strength in decentralization and positions it as a stable asset amid technological disruptions like AI, moving away from scarcity-based valuation toward credibility and neutrality.
Ethereum co-founder Vitalik Buterin's views provide context for crypto market trends. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Nov 08, 2026 19:21 WIB: Out of 50 major cryptocurrencies, 12 rose and 37 fell. Notable movers include VeChain (VET) at Rp93 with a 3.63% decline, Filecoin (FIL) at Rp14,124 down 3.40%, and Kusama (KSM) at Rp57,658 dropping 3.07%.
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REITs are expected to outperform the S&P 500 over the next two years due to attractive valuations, strong balance sheets, and potential mergers and acquisitions. Key sectors like digital infrastructure, healthcare, and industrial assets show durable ...
Ethereum co-founder Vitalik Buterin argues that ETH should be valued primarily as a store of value rather than relying on transaction fee burning to drive its price. He believes maximizing fee burns could harm Ethereum's decentralization, affordabili...
Binance recorded a 24-hour net inflow of 232 million Tether (USDT) on November 6, which is an increase of 7 million USDT compared to the 225 million USDT net inflow reported on October 28. This rise indicates growing investor interest or activity on ...
Korean cryptocurrency markets exhibit significant local trading concentration, with tokens like STX and XRP showing much higher turnover shares domestically compared to global markets. STX's Korean trading share is 21.4 times its global share, while ...
