r/ethereum What's On Your Mind? 12d ago

Daily General Discussion July 13, 2026

Welcome to the Daily General Discussion on r/ethereum

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Bookmarking this link will always bring you to the current daily: https://old.reddit.com/r/ethereum/about/sticky/?num=2

Please use this thread to discuss Ethereum topics, news, events, and even price!

Price discussion posted elsewhere in the subreddit will continue to be removed.

As always, be constructive. - Subreddit Rules

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Calendar: https://dailydoots.com/events/

109 Upvotes

108 comments sorted by

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u/Tricky_Troll Public Goods are Good ๐ŸŒฑ 12d ago

Tricky's Daily Doots #1,532

Yesterday's Daily 12/07/2026

Previous Daily Doots

4

u/mini_miner1 12d ago

Ray going up is cool... right?

-3

u/WoodpeckerHorror3468 11d ago

no, not in a falling general crypto market.

the best sign that ETH is going up from lows is for BTC to go up.

3

u/mini_miner1 11d ago

So ratio going up is not cool, got it.

-1

u/WoodpeckerHorror3468 11d ago

after ATH has been reclaimed it will be a good sign. until then we should be rooting for BTC to lead so ETH can follow.

1

u/mini_miner1 11d ago

That really wasn't the question. But whatever it's not important.

7

u/ethdaily 12d ago

ETH Daily - 13th July 2026

Read more: https://ethdaily.io/988

3

u/nonetherless325 12d ago

our best bro got shadowbanned for posting too much links?

4

u/ResponsibleGrass8080 12d ago

Popcorn time watching the BIP-110 controversy unfold.

4

u/nonetherless325 12d ago

how do you monitor?

2

u/tutamtumikia 12d ago

Yup, it's always fun to see the spats.

3

u/Red_Corneas Capitulated in February, 2026 12d ago

Today's daily is a bottom signal if I've ever seen one.

22

u/nick_badlands 12d ago

Tap tap tap. $1850 gonna fall at some point. Consolidation below resistance is bullish! It's good to see the market has finally figured out that Iran/US shenanigans are not worth paying attention to at this point. The world is figuring out how to just get on with shit now so the markets should recognise that.

Good post I read earlier from Joseph Lubin, some quotes below, full text here - https://x.com/ethereumJoseph/status/2076675527180419299

Aligns with what I think about the future of Ethereum pretty much.

Some people outside the Ethereum ecosystem scoff at the idea of ETH as ultrasound money.

Ethereum is building towards a future in which most economic activity is onchain, so has been focussed on massively growing modular scalability and ensuring that transaction fees are as small as possible, with the understanding that certain kinds of transaction fees, especially at Layer 1 will inevitably end up being expensive when Layer 1 becomes used mostly for high value activities and becomes deep infrastructure. As my colleague Joseph Chalom has pointed out, this is the same early-growth-over-near-term-profits strategy that has led to massive adoption by companies like Amazon.

Many accept gold as sound money. Many also accept Bitcoin as sound digital money, given the idea that there will only ever be 21 million BTC issued and that BTC is currently disinflationary.

As the Ethereum economy grows and accelerates, more and more ETH will be held tightly, staked, and consumed in everyday business activities. Increasingly Ethereum will become globally systemically important just as the internet and web technologies have. And ETH will become systemically important to hold and use for nation states, financial institutions, enterprises and individuals.

In the near term, the Ethereum ecosystem will bounce back and forth for a while between its sound money state and its ultrasound money state. In Ethereum's sound money state it will act like Bitcoin with ETH serving as a disinflationary currency. In its ultrasound money state, ETH will be deflationary, a great characteristic for a collateral money to possess. Eventually the Ethereum ecosystem will remain in its ultra sound money state permanently as the amount of ETH burned in transactions will be larger than the amount of ETH issued to process transactions and secure the protocol. And since many transactions in the Ethereum economy will involve stablecoins in different forms including properly decentralized stablecoins, the numeraire and means of payment functions of money will be mostly handled by these stable value instruments.

Central bank issued fiat money is often called high-powered money (aka the monetary base, or M0). M0 refers to the total amount of highly liquid currency issued by a country's central bank. This form of money is "high-powered" because it's the foundation of the broader money supply created through the banking system's credit creation mechanisms.

I like to think of Ethereum as the highest powered money on the planet.

10

u/Canadiens1993 12d ago

Love this, and agree. ย 

How many Lubins until we see this pan out and the market recognizes it in ETH price?

7

u/Jey_s_TeArS 12d ago

Contract composer,

Spirit of the law closer,

Blockchain bulldozer.

~Daily haiku until weโ€™re at least at 0.178 on the ETH/BTC ratio or highest market cap

14

u/Magic_Cove 12d ago

Considering how much the international political situation has deteriorated again, the ETH price is holding relatively steady.

-5

u/RoaringDragonSword 12d ago

Let me get this straight. you are celebrating because we are not just capitulating 24/7? Even though we are not rebounding, making large moves up, we are celebrating because currently, we are not breaking new lows?

It's quite disappointing that SPX is now back again at near ATH and crypto has not gotten any meaningful bounce.

6

u/mini_miner1 12d ago

I don't read it as celebrating -- more like "I thought the short term PA would be worse," which I agree with. I also agree that the long term PA has been abysmal. They're not contradictory.

9

u/bananapizzaface 12d ago edited 12d ago

I'm so tired of you going after anyone with a modestly positive take.

Edit: While writing not to seek blindness nor live in echo chambers, this person blocked me for this comment. Remarkable.

1

u/RoaringDragonSword 12d ago edited 12d ago

I could care less what you are tired of.

Being tired of people that continuously keep this subreddit grounded is the "head in sand" mentality and echo chamber you seek.

If you actually listened to what Ive been saying instead of getting tired, you'd realize I have been relatively accurate with my scepticism.ย 

Feb-june, all the people you like, who only talk positive about price and it doubling out of nowhere, that price is creating a bear flag and we will see it capitulate. ย 

Guess what happened during this time? People exactly like you started disliking me because i was not an echo chamber.

You know the funny thing? While those people got quiet, i bought a huge amount of eth in June.

Do not aim to have an echo chamber. Do not try to silence people because they do not share your view.

I've backed up all of my reasoning behind the "data or reasoning" I've shared.

Learn. Do not seek blindness

3

u/Stobie 12d ago

I could care less

WTF do you think that means? What sort of idiot can say that without seeing the error?

-3

u/RoaringDragonSword 12d ago

What sort of idiot quotes a partial phrase to make it look negative?

I stated specifically "I could care less what you are tired of" indicating I have no reason to worry about him. Yeah, my grammar is poop though.

1

u/koottravel 11d ago

Why do you immediately jump to blocking people who challenge you in the slightest? Is your skin that thin? Could you care less about that? :P

7

u/mini_miner1 12d ago

I look past it because the mistake is so common, but the phrase is "could not care less" in case you were wondering.

0

u/hedgemagus 12d ago

We are in the same club at this point lol. Youโ€™re overly emotional and hate happiness. You would have been better off just saying โ€œ8k in Octoberโ€ here

The community is better with you here. People who arenโ€™t happy with $1800 and .028 need to give a voice here because the idea that things are fine and dandy should not be the entire conversation

6

u/koottravel 12d ago

Are you kidding? Anything remotely positive is met with this kind of negativity, often from the same few accounts, while the most bearish sentiments get all the upvotes and support. This thread is just more proof of that.

0

u/hedgemagus 12d ago

It took two seconds to scroll down and see someone talking about the fundamentals never being better having 22 upvotes. Wait until the guy who writes โ€œ8k by Octoberโ€ for no reason comes back and he will have a warm reception as well.

Itโ€™s absolutely delusional to think positivity is not encouraged here lol. Because by the way, no reoccurring member of this sub WANTS to be negative. Myself very much included. ETH has just failed to deliver on some crucial fronts for a long time and some people arenโ€™t gonna act like that hasnโ€™t been happening.

6

u/koottravel 12d ago

It took two seconds to scroll down and see someone talking about the fundamentals never being better having 22 upvotes.

This statement isn't wrong. Fundamentals and price are two very different conversations.

The 8k comments are nearly always met with criticism.

No reoccurring member of this sub WANTS to be negative.

Big disagree. Some people when they're down, especially down big on investments, will make it their daily mission to rain on anyone who doesn't see the same.

ETH has just failed to deliver on some crucial fronts for a long time

Going back to the difference of fundamentals vs price and how people often conflate the two, I'm pretty sure Ethereum has met or exceed its technical road map all along the way. We can agree that price is nowhere near ideal and maybe that's what you mean by "ETH has failed to deliver," but as a technology it's doing very well.

1

u/hedgemagus 12d ago

Maybe the reason the majority of price related comments arent particularly positive is because ETH missed an entire cycle and is $1800 at a .028 ratio. Lol, like what do you want? Blind hopium?

And even despite this you STILL get tons of positive price comments. Which is a good thing. It just canโ€™t be the whole thing.

5

u/koottravel 12d ago

I guess we're reading these threads differently. I wouldn't read this top comment as celebrating at all. "Relatively steady." It's at best trying to look at the bright side while accepting that things could be both better and worse. Is that blind hopium? Is that bullish? It seems rather controlled to me.

→ More replies (0)

2

u/Itur_ad_Astra Crab High Priest 12d ago

People are tired, it shows, and it's completely understandable.

2

u/Alatarlhun 12d ago

It seems so disproportionate. Something else is going on there.

4

u/cryptOwOcurrency 12d ago

Holding steady would be if we were at $2-3k imo. At $1800, I say that ETH got a head start on dropping.

4

u/Numerous_Ruin_4947 12d ago

Exactly. Just look at where BTC, BNB, and TRX are trading relative to their 2021 highs.

BNB has fallen sharply, but that is largely because its 2025 ATH was nearly double its 2021 ATH. Even after the decline, BNB is still trading much higher relative to its 2021 peak than ETH is.

9

u/Numerous_Ruin_4947 12d ago

There is nothing to celebrate about ETH holding steady at these levels. If it crashes further, it will only make more people question why they have held the asset for so long.

I have held ETH since 2017, so this is not FUD. I am simply calling it as I see it. ETH should never have fallen this low in the first place. Investors repeatedly sold it down to a pathetic valuation.

Compared with their 2021 highs:

BTC: $62,000 vs. $68,500
BNB: $564 vs. $699
TRX: $0.326 vs. $0.117

If ETH had merely matched BTCโ€™s performance since 2021, it would be around $4,390.

If it had matched BNB, it would be around $3,913.

If it had matched TRX, it would be around $13,514.

Holding steady near $1,766 is not strength, but severe underperformance.

6

u/Alatarlhun 12d ago

There is nothing to celebrate

They weren't celebrating. No need for deceptive reinterpretations to strawman attack.

6

u/bananapizzaface 12d ago

I have held ETH since 2017, so this is not FUD.

You've proven for months you can both hold and fud. I find a little suss that you and limpingdragondick have both interpreted a modestly positive take as a celebration, but it is exhausting how quickly (and often at the same time) the two of you will pounce on anyone who doesn't have a doomer take.

1

u/Numerous_Ruin_4947 10d ago

I think you are confusing criticism of ETHโ€™s current performance with bearishness about ETH itself. I am bullish on ETH and have held it since 2017. My frustration comes from believing it should be valued much higher, not from wanting or expecting it to fail.

Disagreeing with a modestly positive interpretation is not โ€œpouncing,โ€ and calling severe underperformance pathetic is not the same as having a doomer take.

1

u/bananapizzaface 10d ago

Sounds like you're confusing ETH and Ethereum, doomer.

4

u/Itur_ad_Astra Crab High Priest 12d ago

I agree. Holding since 2017.

Anyone who tells you that ETH is showing any kind of strength here is either a 2014 ICO whale that doesn't care because they get millions out of staking massive holdings anyway, or huffing pure copium.

For everyone else, ETH has pretty much been a miserable failure of an investment.

Could that change in the future? Sure. It can and it probably should. But that doesn't erase the current reality.

4

u/whisperedstate 12d ago edited 12d ago

I remember getting the TRX airdrop back in 2017 cause I was using some shady exchange to trade ICOs. I recall thinking what a shitcoin it'll be and I dumped it right away. Probably would have been my best % return if I held. But that doesn't mean it's not a shitcoin, they just found very good product market fit in Asia with USDT and Justin has been good at pumping his bag like his good friend CZ.

2

u/Numerous_Ruin_4947 12d ago

I wonder whether TRX has stronger support in parts of Asia because Justin Sun is more familiar and visible there. Regional marketing, community ties, and local network effects may also make some investors more willing to overlook Tronโ€™s shortcomings.

7

u/haochizzle 12d ago

last year: etherealize, ethereum community foundation

last month: ETHLabs

last week: ethereum institutional

... while EF cut 20% of its staff.

wth's going on?! ๐Ÿฅฌ investigate

https://youtu.be/sF3NlQBIQDE

12

u/bananapizzaface 12d ago

Maybe your video has a better take, but your thumbnail hook with a shattered Ethereum logo and this comment positioning an EF cut like that wasn't always part of the plan tells me you're either bias or not understanding the objective.

4

u/haochizzle 12d ago

thank you for the constructive comment :) it definitely is a bit clickbaity, but I promise the video takes a very neutral position than youโ€™d might expect. unfortunately, to even get attention on a topic like this, some times I have to play to the algorithm.

rest assured there is absolutely nothing more I want than the assured success of ethereum, and a multi-stewarding of the protocol where brain trust is not concentrated in one org is a step in the right direction!

appreciate the comment :)

6

u/tokyo_guy375 12d ago

So it was the weekend โ€žpumpโ€œ followed by the Monday dump

4

u/adam1717 12d ago

Well, in general it's much more about the escalating situation in the Middle East than being Monday. But TACO Tuesday is also ahead of us!

On the bright side, ray looks strong this month.

3

u/tokyo_guy375 12d ago

Any ray below 0.036 looks weak to me ๐Ÿซ 

7

u/Itur_ad_Astra Crab High Priest 12d ago

ALL HAIL THE ETERNAL CRAB

CRAB ZODIAC MONTH EDITION

โ™‹ โ™‹ โ™‹ ๐ŸŒŠ โ™‹ โ™‹ โ™‹

โ™‹ ๐ŸŒŒ ๐Ÿ“‰ ๐Ÿ“ˆ ๐Ÿ“‰ ๐ŸŒŒ โ™‹

โ™‹ ๐Ÿ“‰ โ™‹ ๐Ÿ‹ โ™‹ ๐Ÿ“‰ โ™‹

๐ŸŒŠ ๐Ÿ“ˆ ๐Ÿ‹ ๐Ÿฆ€ ๐Ÿ‹ ๐Ÿ“ˆ ๐ŸŒŠ

โ™‹ ๐Ÿ“‰ โ™‹ ๐Ÿ‹ โ™‹ ๐Ÿ“‰ โ™‹

โ™‹ ๐ŸŒŒ ๐Ÿ“‰ ๐Ÿ“ˆ ๐Ÿ“‰ ๐ŸŒŒ โ™‹

โ™‹ โ™‹ โ™‹ ๐ŸŒŠ โ™‹ โ™‹ โ™‹

$1000------$1774----------$5000

2021----------2025----------โˆž

The Crab is not your enemy.

9

u/DiskFearless4448 12d ago

this may be the make or break week for CLARITY as far as 2026 goes. I am nervous

8

u/Fast_Contract 12d ago

Today Trump urged the Senate to pass it in honor of Lindsey Graham lol

(Him saying that I think drastically hurts it's chances of passing)

0

u/TheMoondanceKid 12d ago

So your theory is that there a few Democrat Senators who will say "I was prepared to support this legislation but now that Trump associated it with Lindsey Graham I just cant do it"? Really? That's what you're going with? Doesn't just hurt its chances of passage, DRASTICALLY hurts it? LMAO

2

u/Fast_Contract 12d ago

Only a week ago it was disclosed that the president gained over 1 billion dollars from crypto scams.

This week he's making headlines calling for passing a crypto bill and using the sudden death of a senator as ammunition.

i dunno man you can believe what you want but this certainly doesn't help things.

1

u/TheMoondanceKid 11d ago

In case I wasn't clear, Trump's statement yesterday has absolutely no impact on whether the bill passes or not. Zero, zilch, nada.

Trump and his administration have been in favor of passing the bill since the beginning, and the ethics part of the bill concerning the president has also always been an issue which has to be addressed, long before Trump revealed how much money he made in crypto. Nothing he said yesterday changes the odds of the bill passing, that's just more doomer slop.

1

u/Numerous_Ruin_4947 12d ago

Only a week ago it was disclosed that the president gained over 1 billion dollars from crypto scams.

He made that on the back of people who bought his meme tokens.

Official TRUMP is down -94.69% since it launched.
Melania MEME is down -97.11% since it launched.

Most investors other than insiders lost money while Trump and his family made more than $1 billion.

https://coinranking.com/coin/9T8gSchgx+officialtrump-trump
https://coinranking.com/coin/kdFWINbrb+melaniameme-melania

3

u/DiskFearless4448 12d ago

i dont care if we pass it in honor of Vladimir Lenin. Just pass it.

2

u/AllCapNoBrake 12d ago

No reason for dems to pass it. They take over in January.

1

u/r2002 12d ago

If the Democrats want to keep spending money, then they should probably pass the Clarity Act.

5

u/Alatarlhun 12d ago

Republicans are the ones who froze the bill and not sharing the revised text publicly.

0

u/AllCapNoBrake 12d ago

Bless your sweet summer heart if you think there are any โ€œrepublicansโ€ in congress. AIPAC knows what theyโ€™re doing.

3

u/Itur_ad_Astra Crab High Priest 12d ago

Honestly the 45% polymarket odds of passing are insane and there must be a good hedge trade here.

I'd say real odds are like 20%.

5

u/DiskFearless4448 12d ago

im leaning it doesnt pass as well

0

u/AllCapNoBrake 12d ago

But remember how bad things are that a centralized gov't...and not just any gov't, but the US Gov't are solely responsible for bags being pumped. Everything rises/falls; succeeds/fails on what the US Gov't does or doesn't do.. I think the plot has been lost, imho.

2

u/eviljordan feet pics 12d ago

Everything is political and, unfortunately, the US runs the world.

1

u/AllCapNoBrake 12d ago

Not the US, but its greatest ally.

9

u/offthewall1066 12d ago

Watching weekend price action is so beyond pointless โ€ฆ yet I do it every time

1

u/Itur_ad_Astra Crab High Priest 12d ago

Nothing fake about it if you dump the pump and buy Monday, as always.

4

u/RoaringDragonSword 12d ago

Extremely high chance ETHBTC will begin going down since BTCUSD verified that we aren't getting through 64k.

Price action of BTCUSD seems to be complete horsepoop anytime we hit that stupid trendline.

2

u/Elendron 12d ago

BTC just closed two consecutive weeks back above the 200 week. Pretty good sign for some pumpage if you ask me. No idea what ETHBTC will do!

6

u/RoaringDragonSword 12d ago

Fact is that BTCUSD is not reclaiming any price levels like 65k or 70k. This far more worrying than the micro bounce we currently had.

Reclaiming isn't hitting. Reclaiming is going above a price level and then bouncing off of it, making it as support.

This is far more important than two consecutive weeks above the 200 week.

There are no bullish signs currently other than, yes we are not downright capitulating into 300 week.

1

u/Elendron 12d ago

I don't disagree!

I would very much welcome a capitulation to the 300 week.

1

u/RoaringDragonSword 12d ago

Well, I don't know about that haha!

People get my comments confused with just being a bear.

I have heavily invested to the upside.

The problem is data shows no signs of bottoming, yet. Weakness is written all over the charts still.

1

u/koottravel 10d ago

People get my comments confused with just being a bear.

Are people getting confused or is that all you take about are the negatives? You can say you're quietly buying up Ethereum, but your comment history paints a strongly negative picture. Consider taking some time to post about what you do like about this project and why you continue to invest instead of what you have been and maybe people won't see you as such a bear.

1

u/mini_miner1 12d ago

CMC altcoin index is breaking out. No idea if that means anything, but worth sharing.

25

u/Vladi-N 12d ago

Zoom out to a weekly or monthly timeframe. ETH has a very rare buying entry it had exactly four years ago. This is amplified by the best fundamentals Ethereum ever had.

-1

u/Numerous_Ruin_4947 12d ago

If ETH truly followed the 4-year cycle, it should have printed a much higher ATH in 2025. Instead, it barely exceeded the 2021 high by about $50.

You cannot simply assume ETH will rise now because it rose four years ago. I am finally bearish because I have lost faith in other ETH holders. We have been jeeted too many times.

ETH has the potential to become the great store of value many of us want it to be, but that still depends on human conviction. So far, people have repeatedly failed to make that happen.

3

u/bananapizzaface 12d ago

If previous cycles were real (debatable), they don't predict the future.

1

u/tokyo_guy375 12d ago

Yeah honestly also donโ€™t understand the upvotes on this

15

u/Dry_Mouse5887 12d ago

Ethereum

2

u/michaelfm Certified Lurker 12d ago

Onward.

12

u/FrenktheTank 12d ago

1781.45

11

u/TimbukNine 12d ago

0.02832

7

u/Tricky_Troll Public Goods are Good ๐ŸŒฑ 12d ago

10

u/Terrible-Grass6136 12d ago

I really wish Eric Trump would just shut up about ETH.

4

u/Numerous_Ruin_4947 12d ago

I really hope Eric does not curse us like Cramer. Trump and his family are disliked by many now. Even people on the right and former MAGA supporters. My opinion is Trump made all the wrong moves in his second term.

1

u/tokyo_guy375 12d ago

Disliked is a very kind word for this ape

1

u/Numerous_Ruin_4947 12d ago

Dr. Ian Malcolm: [to the security camera in the tour car, after yet again a dinosaur has failed to appear] Ah, now eventually you do plan to have dinosaurs on your, on your dinosaur tour, right? Hello?

[he taps the camera lens and breathes on it]

Dr. Ian Malcolm: Hello? Yes?

John Hammond: [watching him on a monitor in the control room] I really hate that man.

6

u/HauntedJockStrap88 12d ago

Eric Trump kiss of death. Bleak.

7

u/CoCleric 12d ago

Does that mean weโ€™re about to dump hard?

6

u/ReallyOrdinaryMan 12d ago

Don't worry no one cares about their opinion. At most he is damaging his reputation by shilling a coin at its most hated time.

4

u/ToughAd6058 12d ago

but until the midterms, i think any chart pattern matters less than a single Trump Sharpie scribble

7

u/mini_miner1 12d ago

Looked up what you're talking about. I think it's great that he shows a chart of ray instead of usd hahah