DECRYPT · 2026-11-09 17:14 UTC

Vitalik Buterin Moves On From 'Ultrasound Money,' Says ETH's Value Is Stability

Vitalik Buterin says ETH should be valued as a store of value rather than a fee-burning token, arguing the burn was never as strong as it seemed and that fee burn below 10% of breakeven is not cause for concern. Buterin says most burns came from internal crypto uses like lending and NFT purchases, so fee burning was never a true price floor, and that ETH's value comes from stability, decentralization, censorship resistance and security. Ethlabs founding member Binji Pande agrees, calling ETH a future-proof store of value better than Bitcoin, and points to the Ethereum Foundation's…

Loading the story on Tree News…