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Vitalik Recasts Ether as a Store of Value, Leaving 'Ultrasound Money' Behind

TradingGain NewsroomTradingGain Newsroom··10 Nov 2026, 13:24 UTC

Vitalik Buterin has recast ether as a store of value, a clear change from the 'ultrasound money' story that once defined ETH. The shift raises the question of whether ETH can compete in that role.

ETHAt the time of writing, Ethereum traded at $2,093 (-1.29% in 24h).Live price →

Why it matters

  • The new framing marks a clear break from the 'ultrasound money' narrative around ETH.
  • Traders may watch whether ETH's pitch to investors shifts toward store-of-value demand.
  • The open question is whether ETH can compete with other assets as a store of value.

What to watch next

Watch for follow-up comments or market reaction showing whether ETH is gaining traction as a store-of-value asset.

This brief is written by TradingGain from public reporting by Decrypt.Read original ↗
Vitalik Recasts Ether as a Store of Value, Leaving 'Ultrasound Money' Behind
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Buterin Says ETH's Value Rests on Stability, Not Fee Burns

Ethereum co-founder Vitalik Buterin says ETH's value comes from its stability rather than from fees being burned. He points to the network's decentralization, censorship resistance and security as the sources of that value. For traders, this shifts the focus from fee-burn supply effects to the network's core strengths.

TradingGain News summarises public reports in our own words and always links to the original source. Market Data stories are generated automatically from public exchange data. Nothing on this page is financial advice; always do your own research and use a stop-loss.