David Hoffman, a well-known Ethereum evangelist, sold all his ETH and explained that he no longer considers it a key asset for the ecosystem's growth.



He noted that while Ethereum as a network may thrive, ETH will not necessarily remain an attractive investment asset. L2, applications, stablecoins, RWAs, and TradFi are beginning to dominate in terms of value.
ETH-0.52%
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