The Ledger

Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.

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Opinion

Stern: Ethereum token value has vastly underperformed its network utility

“Ethereum, I think, has vastly underperformed its utility as a network.”

Henri Stern Nov 4, 2025 ▶ 46:31 Stablecoin special: Zach Abrams (Bridge) and Henri Stern (Privy)

Opinion

Ethereum captures minimal value compared to Solana, Abrams argues

“And like Ethereum, wild value creation, like of all the blockchains, minimal value capture. Whereas there are a bunch of others where, you know, like Solana is probably perfect, you know, value creation, value capture.”

Zach Abrams Nov 4, 2025 ▶ 46:39 Stablecoin special: Zach Abrams (Bridge) and Henri Stern (Privy)

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The Ledger

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