"I REMAIN BULLISH ON $ETH" - Galaxy Digital VP head of research. He covered Solana for years and was openly skeptical of Ethereum. Now he's flipped. Here's why: He says today looks exactly like Solana in 2022-2023, everyone got disillusioned, stopped paying attention, and missed the bottom of the narrative. The turnaround he's watching: Ethereum Foundation shrinking its own role "subtraction theory" to protect what actually matters: credible neutrality ETH Labs and ETH Institutional launching to push adoption Etherealize with "a lot of irons in the fire" on the institutional side Glamsterdam upgrade shipping Q3 On the "death of L2s"? "Very overstated." Robinhood just launched its L2 on the Arbitrum stack. Institutions want their own controllable ecosystems that settle to . The roadmap is aligned with where blockchain tech is actually going: privacy, ZK scaling of the L1, quantum resistance. His take: not enough people are paying attention to what's happening on the ground. The narrative can shift really quickly. $ETH $GLXY $SOL