Research
Making Treasury ETH Productive
A data-driven look at the state of ETH treasuries. Data as of 10/26/2026. USD values for ETH holdings use an…
Nov 10
ResearchETH: A Programmable Store of Value
ETH is a programmable store of value: non-debt digital money with low, protocol-governed supply growth and direct utility in staking,…
Nov 06
ResearchEthereum Is Shaping the Infrastructure for Tokenized Finance
Blockchain technology is fundamentally restructuring the global financial system by reducing traditional barriers to the flow of capital, payments, and…
Nov 05
ResearchState of the Ledger, Research, Ethereum Institutional
The Ethereum network has experienced significant growth in usage, a substantial decrease in transaction costs, and an expansion of its…
Nov 02
ResearchEthereum Leads in the SEC Assessment on Decentralized Governance and Crypto Assets
The SEC’s new crypto asset FAQs judge networks by how they actually operate: no central party, broad governance and unencumbered…
Jul 01
ResearchEthereum Basics for Governments and Institutions
The report is a non-technical primer covering how Ethereum works, how it is governed, how it compares with perceived alternatives,…
May 26
ResearchWhat '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…
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…
May 16
ResearchIs 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…
Apr 21
Reportsstakefish — 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…
Feb 03
ReportsEthereum 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…
Jan 21
ReportsBlackRock — 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…
Dec 11
ReportsThe 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…
Oct 15
ReportsUnderstanding the Implications of the Ethereum Gas Limit Increase
Executive Summary Context & Technical Background (Business-Relevant) Ethereum’s Road to Fusaka Ethereum’s scaling roadmap (often framed as the “Surge /…
Oct 09
ReportsEthereum’s Fusaka Upgrade: Scaling Smartly Without Sacrificing Decentralization
Ethereum’s roadmap has always been defined by a delicate balancing act: scaling for global use while remaining decentralized enough for…
Sep 15
ReportsWhere Is The Capital in Crypto? A Look at App Capital, a Durable Metric of Blockchain Adoption
Defining App Capital App Capital can be thought of as the economic mass of a blockchain’s application layer. It measures…
Aug 26
ReportsUnderstanding SCOPE: Synchronous Composability Protocol for Ethereum
What Is SCOPE? SCOPE, short for the Synchronous Composability Protocol for Ethereum, is a proposed minimalist, push-based protocol that enables…
Jul 02
ReportsEthereum Platform vs. ETH the Digital Asset: Understanding the Distinction
Ethereum is often referred to as a unified entity in headlines and casual conversation. Still, in reality, it encompasses two…
Jul 01
ReportsUnderstanding EIP-7732: Parallelization and Deterministic Execution in Ethereum
EIP-7732 proposes a significant architectural change to Ethereum by decoupling transaction ordering from execution to enable safe, deterministic parallel execution.…
Jun 21
ReportsWeb3SOC: A Transparency Framework for Ethereum’s Institutional Maturity
As decentralized finance (DeFi) matures and Ethereum continues to lead as the default settlement layer for on-chain applications, the ecosystem…