{"id":161905,"date":"2025-07-05T19:00:39","date_gmt":"2025-07-05T16:00:39","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=161905"},"modified":"2025-07-05T18:17:33","modified_gmt":"2025-07-05T15:17:33","slug":"whats-ahead-for-ethereum-according-to-former-core-developer","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/whats-ahead-for-ethereum-according-to-former-core-developer\/","title":{"rendered":"What\u2019s Ahead for Ethereum, According to Former Core Developer"},"content":{"rendered":"
In a recent analysis, Conner highlighted three critical factors fueling upside momentum: surging stablecoin activity, aggressive accumulation via spot ETH ETFs, and a sharp decline in exchange-held ETH reserves.<\/p>\n
According to Conner, stablecoin transfer volume has risen steadily for 21 consecutive months, with monthly settlement activity now comparable to Visa\u2019s transaction volume. This explosive growth in stablecoin usage reflects persistent demand for Ethereum\u2019s block space, effectively turning the network into a high-throughput financial settlement layer. Conner described this phenomenon as creating a \u201ccash engine\u201d for ETH, anchoring its long-term utility and value.<\/p>\n
Conner also noted that the amount of ETH held on centralized exchanges has dropped to just 9 million coins\u2014the lowest level recorded since 2015. With supply tightening and investor behavior signaling long-term holding, the reduced availability on exchanges strengthens upward price pressure and lowers sell-side liquidity risk.<\/p>\n
The analysis further pointed to strong inflows into newly launched spot ETH ETFs, reflecting growing institutional interest in Ethereum as an investable asset. These inflows, combined with shrinking exchange balances, suggest that ETH is increasingly being taken off the market and locked in long-term custody structures.<\/p>\n