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Viktor Bunin 🛡️🇺🇸
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Coinbase accumulated 12% of
ETH
issuance in Q1 2025 (22k of 184k).
#ETH
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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ETH
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-3.38%
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-2.16%
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Viktor Bunin 🛡️🇺🇸
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*Transaction fees* are what people pay to use the chain. MEV should be retained by the users, protocols, and wallets that generate it instead of being leaked and extracted. REV measures how much people want to use the chain + how much they get their face ripped off when doing so!
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Everyone came into crypto understanding Bitcoin first, Ethereum second. Institutions finally just understood Bitcoin... and your bet is they won't understand Ethereum? Even when their entire peer set is building on it?
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Btw Coinbase didn't join as #500 in the S&P500. We're rank 157. And we're just getting started.
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"COINBASE GLOBAL TO REPLACE DISCOVER FINANCIAL IN S&P500" is the 2025 version of "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks." The first crypto company, but not the last. Crypto is just getting started.
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How soon will Eth mainnet hit 60m gas limit? Imo Coinbase should signal for it asap.
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