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ETH Glamsterdam is coming - and the Ethereum ecosystem needs a moment. DeFi TVL dominance has dropped to 53%, approaching a multi-year low. The Ethereum Foundation has been selling ETH to fund operations. Lagarde just blocked a euro stablecoin push at the ECB. LayerZero admitted a mistake in the $292M Kelp exploit. The community showing up to Amsterdam is arriving with more pressure than hype.
That pressure is actually the right context for a productive conference. Glamsterdam is where the hard questions get asked face to face: how does ETH reclaim DeFi dominance from Solana and BNB Chain? What is the roadmap for ETH to outperform BTC in the next leg? How does the Foundation rebuild trust after the sell-off headlines? The countdown is a forcing function.
ETH is up 0.4% today, holding $2,327 while BTC holds $80K. Not bad. But DeFi TVL share dropping and EF selling are not good optics ahead of the biggest ETH gathering of the year. What announcement from Glamsterdam would make you most bullish on ETH?
#ETHGlamsterdamCountdown
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