The 10K Ethereum Vibes ✨
That means more than three times the current price near 2700 with ETH still sitting about 46% under its all-time high. In a clip CoinDesk posted on X from the event he gave a direct answer when asked for his price prediction. He added that he likes ETH because he can drop a large amount of money into it without expecting a sudden 75% loss from an exploit lol. Hayes also addressed why Ethereum has lagged other networks at different points of the cycle putting it all down to narratives. He pointed to Solana capturing the meme coin narrative and rising quickly while Ethereum had become slower as competing blockchains took some of the activity.Still he argued that Ethereum remains the most secure layer one because it has the largest market capitalization 💀. Hayes own ETH trades have not always been well timed. In August he sold 2365 ETH at about 1821 a loss of 241000 after buying 7213 ETH at an average of 1923. And that was not the first time. In July he sold 5900 units for nearly 10 million after buying them days earlier for 10.58 million incurring a loss of more than 600000 🖤. At the time of writing the cryptocurrency was down 1% over 24 hours and nearly 3% in the last seven days but was still up more than 11% across two weeks and 9% higher than where it was a month ago.“Obviously Ethereum pioneered this whole decentralized computer thing and then was the victim of its own success was slow and whatever” he said. “And there were other challengers that picked up the slack.”
ETF Flows Keep Ethereum Glowing 🌙
Ethereum quarterly record looks different from its short term pullback. Coinglass data shows it gained just under 70% in the third quarter of 2026 after falling 29.26% in Q1 and 25.28% in Q2. Meanwhile spot ETF activity added another source of buying with Ethereum ETFs recording 892 million in net inflows during September with only one trading day left in the month. However the streak of daily inflows that started on September 18 ended yesterday with a 2.8 million outflow while the previous week brought 689.9 million of net inflows. The activity has lifted cumulative inflows to 13.95 billion 👀🕸️🦇🕷️🌹🕯️.Just another echo from the void by iconofsin.eth 💖
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