Is Ethereum Losing Its Last Edge?

0xResearch · Oct 7, 2026 · 1h 3m

Ethereum's last real edge, its liquidity moat, is slowly eroding as new activity moves to Base, Robinhood Chain, and Solana.

This week, Carlos and Jake take opposite sides on where the marginal dollar is really going as activity spreads beyond Ethereum.

We explore the tokenized stocks race, whether Ethereum should charge L2s more, the odds the Bitcoin bottom is in, and why DATs may never reclaim their highs. Enjoy!

TIMESTAMPS:

00:00 Intro

00:30 Is Bitcoin’s Bottom In?

10:15 Are Crypto Treasury Trades Dying?

20:52 Does ETH Staking Still Matter?

30:35 Is Ethereum’s Liquidity Moat Eroding?

43:00…