{"id":97469,"date":"2026-06-01T14:33:15","date_gmt":"2026-06-01T14:33:15","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=97469"},"modified":"2026-06-01T14:33:15","modified_gmt":"2026-06-01T14:33:15","slug":"eth-continues-to-underperform-xrp-zcash-now-even-its-superfans-are-losing-hope","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=97469","title":{"rendered":"ETH Continues To Underperform XRP, Zcash: Now Even Its Superfans Are Losing Hope"},"content":{"rendered":"<div>\n<p>Bankless co-founder <strong>David Hoffman<\/strong> sold his entire <strong>Ethereum<\/strong> <a href=\"https:\/\/www.benzinga.com\/quote\/ETH-USD\" target=\"_blank\" class=\"ticker-link\" data-ticker=\"ETH\" data-exchange=\"CRYPTO\" rel=\"noopener\">(CRYPTO: <\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/eth\/usd\">ETH<\/a>) position and rotated into <strong>Zcash<\/strong> <a href=\"https:\/\/www.benzinga.com\/quote\/ZEC-USD\" target=\"_blank\" class=\"ticker-link\" data-ticker=\"ZEC\" data-exchange=\"CRYPTO\" rel=\"noopener\">(CRYPTO: <\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/zec\/usd\">ZEC<\/a>) and <strong>NEAR<\/strong> <a href=\"https:\/\/www.benzinga.com\/quote\/NEAR-USD\" target=\"_blank\" class=\"ticker-link\" data-ticker=\"NEAR\" data-exchange=\"CRYPTO\" rel=\"noopener\">(CRYPTO: <\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/near\/usd\">NEAR<\/a>), saying ETH the asset has no clear path to being re-rated higher.<\/p>\n<h3 class=\"wp-block-heading\">Hoffman Separates The Network From The Asset<\/h3>\n<p>Hoffman\u2019s core <a href=\"https:\/\/www.youtube.com\/watch?v=2N30H9GoWss\">argument<\/a> is that Ethereum\u2019s own roadmap is hurting ETH holders. Applications built on Ethereum capture most of the fees, while L2 networks take 97% margins from the rollup model.\u00a0<\/p>\n<p>That means ETH the asset has no clear way to go up even while the network keeps growing.<\/p>\n<p>Former Ethereum Foundation member <strong>Hudson Jameson<\/strong> disagreed on the price outlook but agreed that separating the network from the asset is the right way to think about it.\u00a0<\/p>\n<p>He said the L2 fee issue is real but overstated, and that Ethereum\u2019s biggest challenge is simply &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/26\/06\/52908236\/eth-continues-to-underperform-xrp-zcash-now-even-its-superfans-are-losing-hope?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"ETH\" continues to underperform xrp zcash: now even its superfans are losing hope>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bankless co-founder David Hoffman sold his entire Ethereum (CRYPTO: ETH) position and rotated into Zcash (CRYPTO: ZEC) and NEAR (CRYPTO: NEAR), saying ETH the asset has no clear path to being re-rated higher. Hoffman Separates The Network From The Asset Hoffman\u2019s core argument is that Ethereum\u2019s own roadmap is hurting ETH holders. Applications built on [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-97469","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/97469","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=97469"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/97469\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=97469"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=97469"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=97469"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}