didn’t go to token this year but a lot of ppl said the same thing: nobody was talking about ethereum. it was all stablecoins, stablecoin chains, solana, hyperliquid, and whatever’s orbiting outside the majors.
that’s fine, but it’s not bearish for eth. the people in that room already bought. they’re not new demand.
the next wave of eth buyers aren’t at token 2049. they were in frankfurt when swift announced their plan with consensys. they’ll be in london next.
you know what else wasn’t mentioned at token? bitcoin.
does that mean bitcoin’s in trouble? nah.
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