Ethereum's value lies in credible neutrality, not speed, as Logarithmic Rex argues ETH remains crypto's only trustless coordination layer despite years of weak price action

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Base securing $10.9B while paying Ethereum roughly $2k/day in DA costs is the uncomfortable version of the ETH thesis: L1 neutrality is being rented cheap by rollups that still keep upgrade keys, sequencers, and no real exit window. If Ethereum is the neutral backstop, ETH value accrual has to come from proof maturity, censorship-resistant exits, and settlement insurance rather than another fee-burn cycle. Otherwise Coinbase, Circle, and app-chain operators capture the relationship and take-rate while Ethereum supplies the escape hatch.

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Ethereum's value lies in credible neutrality, not speed, as Logarithmic Rex argues ETH remains crypto's only trustless coordination layer despite years of weak price action

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Ethereum's value lies in credible neutrality, not speed, as Logarithmic Rex argues ETH remains crypto's only trustless coordination layer despite years of weak price action

Explore the topic

More on Ethereum

Attacker drains $1.34M USDC from Cascade CLS vault, bridges funds from Arbitrum to Ethereum via Solana

Llamalend v2 launches on Ethereum as isolated, LLAMMA-based lending markets built directly around Curve liquidity, enabling flexible asset pairings, productive Curve LP collateral, and governance-controlled borrow caps that open markets gradually for safer growth.

Ethereum's next growth wave will be driven by real businesses choosing Ethereum L1+L2 over standalone chains, with Robinhood cited as the blueprint for onchain adoption

Ethereum loses $459M in 34 H1 incidents; one Drift Trade hack accounts for $295M of Solana's five-incident $328M total

William Mougayar argues Ethereum is following the Internet's adoption curve, with stablecoins and tokenized assets proving its infrastructure value before markets fully price it

Ethereum Foundation's AI agents uncovered a validator crash bug in Ethereum's networking layer, but human engineers were crucial in separating real flaws from AI hallucinations

Attacker drains $1.34M USDC from Cascade CLS vault, bridges funds from Arbitrum to Ethereum via Solana

Llamalend v2 launches on Ethereum as isolated, LLAMMA-based lending markets built directly around Curve liquidity, enabling flexible asset pairings, productive Curve LP collateral, and governance-controlled borrow caps that open markets gradually for safer growth.

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