Research on Ethereum Market Research Center

Making Treasury ETH Productive

Fri, 13 Nov 2026 03:34:50 +0000

Institutional adoption of Ethereum has entered a new phase: shifting from balance-sheet accumulation to active capital deployment. Public companies now hold 8.03M ETH (6.6% of supply), US spot ETFs hold roughly 6.1M ETH (5.0%), and DAO/foundation treasuries hold hundreds of thousands more. Across the network, 37% of all ETH (45.2M ETH) is staked, while 74% of visible DAO treasury holdings are staked.

However, staking alone is no longer sufficient. As staked ETH grew 3.5x since 2022, Lido’s benchmark yield halved from 4.5% to 2.2%, with major liquid staking tokens now yielding 2.1%-2.3%. Alternative ETH-denominated strategies offer few superior risk-adjusted returns: lending (1.3%) and liquidity provision (1.2%) underperform staking, while only higher-risk options like first-loss cover (4.8%) and covered calls (7.6%) pay more.

ETH: A Programmable Store of Value

Tue, 10 Nov 2026 17:00:00 +0000

Executive Summary
1. What Makes an Asset a Store of Value?
2. ETH’s Distinction: A Programmable Store of Value
3. What Holders Can Do with ETH
4. Ethereum: The Trusted Infrastructure Behind ETH
5. ETH’s Value Does Not Depend on Maximizing Fee Burns
6. Four Stress-Test Questions
7. The Market’s Recognition Opportunity
The Verdict
Sources

Executive Summary

ETH is a programmable store of value: a digital monetary asset that can be held, transferred, staked, pledged as collateral, and deployed in programmable markets.

Ethereum Is Shaping the Infrastructure for Tokenized Finance

Fri, 06 Nov 2026 17:00:00 +0000

Blockchain technology is fundamentally restructuring the global financial system by reducing traditional barriers to the flow of capital, payments, and investments. Much like the internet democratized information sharing, programmable networks are establishing a new digital architecture characterized by broader access, increased functionality, and lowered operational costs. According to research by Grayscale, the Ethereum blockchain serves as the leading foundation for this shift, functioning as a decentralized “operating system” upon which modern digital commerce and financial applications are built.

State of the Ledger, Research, Ethereum Institutional

Thu, 05 Nov 2026 17:00:00 +0000

Published by Ethereum Institutional, the “State of the Ledger” report outlines how the blockchain is evolving from a throughput-centric model into an environment optimized for complex institutional workflows, privacy, and long-term post-quantum resistance.

Current Network Health and Metrics

Between January and October 2026, Ethereum mainnet daily transactions grew by 54% year-over-year to 2.17 million, while median transaction fees dropped drastically to 3.5 cents. Combined with Layer 2 (L2) networks, the ecosystem processes roughly 25 million daily transactions. Capital mobility has surged, with mainnet stablecoin transfer volume rising 61% to reach $25.8 trillion. Concurrently, network economic security strengthened significantly; staked capital grew to 44.2 million ETH, which represents 36.1% of the total circulating supply. Read the full piece at the source

Ethereum Leads in the SEC Assessment on Decentralized Governance and Crypto Assets

Mon, 02 Nov 2026 17:00:00 +0000

Ethereum Leads in the SEC Assessment on Decentralized Governance and Crypto Assets

Scoring Ethereum, Solana, XRP and Canton Network against the SEC Division of Corporation Finance’s crypto asset FAQs

Nov 3, 2026 · by William Mougayar · Ethereum Market Research Center

KEY FINDINGS

Ethereum 9.7 / 10. Aligns almost natively with the SEC staff’s operational safe harbors and sets the institutional benchmark for decentralized programmatic trust.

Solana 8.8 / 10. Strong alignment, bolstered by client diversification and permissionless validation.

Ethereum Basics for Governments and Institutions

Wed, 01 Jul 2026 10:00:00 +0000

Why we need neutral digital infrastructure The digital systems that underpin modern economies, including payments, identity, registries, and institutional record-keeping are fragmented, proprietary, and in the hands of a small number of intermediaries.

Using these systems creates single points of failure, concentrating operational risk. A cyberattack, regional outage, or natural disaster affecting the centralized operator can take down the entire system at once.

Using these systems also requires trusting these intermediaries and accepting their rules. Whether by choice or under external pressure, these intermediaries retain the power to unilaterally remove participants and alter previously agreed rules. What happens when an operator can no longer be trusted? When counterparties clash over whose rules apply?

What 'Native Tokenization' Actually Means & Why Ethereum is the Logical Choice for It

Tue, 26 May 2026 03:00:00 +0000

Native tokenization means constitutive tokenization where the blockchain itself serves as the official stock ledger under DGCL §224. The ERC-721 token IS the uncertificated security. Pointer tokenization like Tokenized GLXY uses an offchain transfer agent register. The Solana token merely attests to Superstate’s books and fails the walkaway test. Pointer enables some DeFi composability but inherits transfer agent trust, limits liquidators to allowlisted parties, and adds counterparty risk in liquidations. Constitutive unifies legal record and chain state for seamless onchain liquidation, open liquidator participation via smart contract rules, and definitive ownership without TA cooperation. Ethereum fits constitutive tokenization best due to persistent storage, ERC-721 standards, and advanced privacy primitives for PII.

$Railgun: A Ground-Up Analysis

Sun, 24 May 2026 03:00:00 +0000

$Railgun: A Ground-Up Analysis

Read the full piece at the source

Is ETH Still the Backbone of Web3?

Sat, 16 May 2026 03:00:00 +0000

Assesses Ethereum’s 2026 role in Web3, from L2 scaling and staking to DeFi, ETFs, risks, competitors and practical ETH research checks.

Read the full piece at the source

Research on Ethereum Market Research Center

Making Treasury ETH Productive

ETH: A Programmable Store of Value

Contents

Executive Summary

Ethereum Is Shaping the Infrastructure for Tokenized Finance

State of the Ledger, Research, Ethereum Institutional

Ethereum Leads in the SEC Assessment on Decentralized Governance and Crypto Assets

Ethereum Leads in the SEC Assessment on Decentralized Governance and Crypto Assets

Ethereum Basics for Governments and Institutions

What 'Native Tokenization' Actually Means & Why Ethereum is the Logical Choice for It

$Railgun: A Ground-Up Analysis

Is ETH Still the Backbone of Web3?