Shutting down Ethereum for a day would send the crypto market straight back to the era before liberation.
Raoul Pal did the math: if ETH were down for 24 hours, 75% of stablecoins and DeFi, most of RWA, digital art, and all Layer 2 would be wiped out in one go. This isn’t hype—it’s the real share of on-chain settlement.
From a fundamentals perspective, ETH is the clearing foundation of the entire industry. Its valuation is anchored in on-chain activity, not in candlestick mood. Short-term upswings and downswings are a matter of luck, but the floor is genuinely solid.
$ETH $ARB #Ethereum #DeFi
Raoul Pal did the math: if ETH were down for 24 hours, 75% of stablecoins and DeFi, most of RWA, digital art, and all Layer 2 would be wiped out in one go. This isn’t hype—it’s the real share of on-chain settlement.
From a fundamentals perspective, ETH is the clearing foundation of the entire industry. Its valuation is anchored in on-chain activity, not in candlestick mood. Short-term upswings and downswings are a matter of luck, but the floor is genuinely solid.
$ETH $ARB #Ethereum #DeFi
