An Authoritative Record of Ethereum Market Research

Ethereum Market Research Center

Original research and sharp opinions on Ethereum's protocol, economics, and systems. Read by the people building and using it.

All Articles

Page 1 of 6
May 30 Opinion
Ethereum Going Back on Offense The Ethereum Foundation is doing its core job by focusing on security, privacy, and the protocol rather than short-term marketing.…
Joseph Chalom1 min
May 26 Research
What 'Native Tokenization' Actually Means & Why Ethereum is the Logical Choice for It Native tokenization makes the blockchain itself the legal stock ledger, with the token constituting the security under Delaware law. Pointer…
Gabriel Shapiro1 min
May 24 Research
$Railgun: A Ground-Up Analysis "Railgun creates a private execution environment on Ethereum where users shield tokens into 0zk addresses and perform trades, swaps, and…
Arch Taqi1 min
May 16 Research
Is ETH Still the Backbone of Web3? Ethereum is no longer just “the smart contract chain.” In 2026, it is better understood as a settlement layer, liquidity…
Cryptodaily1 min
May 15 Opinion
Ethereum Fundamentals Are Winning Harder Than Ever "The Eth bear thesis is worse than ever
Ryan Berckmans1 min
Apr 23 Opinion
Peak EF: Why the Unmaking of the Ethereum Foundation Is Inevitable The Ethereum Foundation has passed Peak EF and is deliberately shrinking through rebrands, team reductions, mild austerity, and a Mandate…
William Mougayar1 min
Apr 21 Featured
Ethereum and the Era of Productive Money The case for ETH as a superior monetary good—and how, if it captures the monetary premium currently held by gold…
Etherealize1 min
Apr 21 Reports
stakefish — The State of Ethereum in 2026 stakefish's mid-year reading of Ethereum captures a network in institutional transition: 37M ETH staked, 900,000+ validators, a 71-day entry queue…
stakefish3 min
Apr 06 Opinion
ETH Is a Snowflake: The Case for ETH Decoupling ETH moves in lockstep with BTC and altcoins as if it were the same asset class. It is not. The…
William Mougayar13 min
Mar 04 Featured
Ethereum Ecosystem in 2026: What Changed in DeFi A data-driven look at how Ethereum has transformed since 2024 — EIP-4844 cut L2 fees by 90%+, spot ETH ETFs…
Symbiosis1 min
Feb 03 Reports
Ethereum Scaling: An Evolving and Strengthening L1–L2 Relationship Ethereum isn’t moving away from L2s—it’s entering a stronger phase where L1 scaling and L2 innovation advance together. As Ethereum…
Vitalik Buterin4 min
Jan 30 Opinion
Beyond the Risk-On Trade: Why ETH and BTC Must Graduate to Fundamentals Risk-on pricing built crypto fast. Fundamentals will decide whether it lasts. Should ETH and BTC remain risk-on assets, or is…
William Mougayar6 min
Jan 21 Reports
BlackRock — 2026 Thematic Outlook: Ethereum as Tokenization Beneficiary BlackRock's 2026 Thematic Outlook, authored by Jay Jacobs, identifies tokenization as one of the year's defining mega-forces and names Ethereum…
Jay Jacobs2 min
Jan 12 Featured
 ETH outperformance expected | Standard Chartered The outlook for Ethereum has evolved since August 2025. In absolute USD terms, weaker-than-expected Bitcoin performance has weighed on the…
Standard Chartered1 min
Dec 15 Reports
Grayscale — 2026 Digital Asset Outlook: Dawn of the Institutional Era Grayscale Research's 2026 outlook frames the year ahead as the dawn of an institutional era for digital assets, driven by…
Grayscale Research2 min
Dec 11 Reports
The Internet's Blueprint for Ethereum: A Trillion-Dollar Public Goods Valuation Framework This report argues that Ethereum is fundamentally mispriced because markets value it as a for-profit company rather than as a…
William Mougayar2 min
Dec 09 Featured
Unpacking the State of Ethereum in South Korea This report provides a comprehensive analysis of Ethereum’s development, usage patterns, and regulatory environment in South Korea as of 2025.…
Obol2 min
Dec 04 Featured
The Future of Financial Infrastructure: Ethereum’s Layer 2 Landscape The report offers a broad assessment of the upgradeability and management practices across current Layer-2 (L2) blockchain systems. As the…
Etherealize, Nethermind, L2Beat1 min
Dec 02 Opinion
The Death of the Cycle: Why Ethereum Is No Longer a Momentum Trade We need to stop thinking about Ethereum through the old lens of “crypto cycles.”The bull/bear, four-year-halving-cycle mindset is a relic…
William Mougayar3 min
Nov 10 Opinion
Ethereum Is Not a Blockchain: It’s a New System with Internet-Like Properties There’s a common shorthand that reduces Ethereum to a “blockchain.” It’s not wrong, but it’s incomplete — a category error…
William Mougayar4 min
20 articles per page · 112 total