Ethereum Value Debate Grows as Former ETH Supporter Questions Thesis
May 27, 2026
< 1 min read
by Coin Edition
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- Xaif Crypto shared criticism that Ethereum’s “ultrasound money” thesis has weakened.
- The argument says Layer 2 networks now capture much of the activity and fee value.
- BankXRP questioned why Ethereum avoided the same SEC pressure that Ripple faced.
Ethereum is facing renewed debate after Xaif Crypto shared comments from a former ETH supporter who questioned the network’s current value story. The criticism focused on whether ETH still captures value directly as activity moves from the Ethereum mainnet to Layer 2 networks.
Meanwhile, XRP-focused accounts revived old concerns over Ethereum’s regulatory treatment. BankXRP argued that Ripple faced heavy SEC action while Ethereum avoided similar pressure, even after its early token sale and foundation-led development history.
ETH Thesis Faces New Questions
Xaif Crypto’s highlights focused on Ethereum’…
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