Vitalik Buterin: ETH’s value should not depend on fee burning
On November 8, Ethereum co-founder Vitalik Buterin said the network should focus on ETH’s role as a store of value rather than trying to maximize token burning through fees. He proposed keeping the EIP-1559 mechanism, but not treating the amount burned as guaranteed price support.
In his view, trying to increase fees would conflict with Ethereum’s goals: decentralization, censorship resistance, privacy, and security. The growth of real-world asset tokenization could expand ETH’s use cases, but it does not have to cause the same fee spikes as before.
This is Buterin’s position, not an adopted protocol change or a price forecast. Source: The Block, November 8, 2026.
#Ethereum #ETH
On November 8, Ethereum co-founder Vitalik Buterin said the network should focus on ETH’s role as a store of value rather than trying to maximize token burning through fees. He proposed keeping the EIP-1559 mechanism, but not treating the amount burned as guaranteed price support.
In his view, trying to increase fees would conflict with Ethereum’s goals: decentralization, censorship resistance, privacy, and security. The growth of real-world asset tokenization could expand ETH’s use cases, but it does not have to cause the same fee spikes as before.
This is Buterin’s position, not an adopted protocol change or a price forecast. Source: The Block, November 8, 2026.
#Ethereum #ETH