BMNR Bullz(@BMNRBullz):ETHEREUM JUST HAD ITS BUSIEST QUARTER EVER. Ethereum L1 processed 203.9 MILLION transactions in Q2, up 68.4% YoY. And that wasn’t the only record. 🔹 25.9 TPS average throughput, all time high 🔹 $203.1B average tokenized assets, +38.7% YoY 🔹 Staking averaged a record 32% and is now nearing 35% Meanwhile, ETH’s average fully diluted valuation fell 14.8% QoQ. More usage. More ETH staked. More assets onchain. Lower valuation. How long does that disconnect last? $ETH

BMNR Bullz

@BMNRBullz

I track $BMNR: weekly holdings, staking, mNAV. ETH and DC only when they move the stock. I hold $BMNR $ETH. Not affiliated. NFA.

Joined March 2014

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BMNR Bullz@BMNRBullz

2026.09.18 07:43

ETHEREUM JUST HAD ITS BUSIEST QUARTER EVER. Ethereum L1 processed 203.9 MILLION transactions in Q2, up 68.4% YoY. And that wasn’t the only record. 🔹 25.9 TPS average throughput, all time high 🔹 $203.1B average tokenized assets, +38.7% YoY 🔹 Staking averaged a record 32% and is now nearing 35% Meanwhile, ETH’s average fully diluted valuation fell 14.8% QoQ. More usage. More ETH staked. More assets onchain. Lower valuation. How long does that disconnect last? $ETH