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Bankless Founder Calls Ethereum a Failed Project as Price Drop 67%

2026-06-05 07:31:26

Story Highlights* Bankless co-founder Ryan Sean Adams says Ethereum fails if ETH never becomes global money.

Desipte of all, Ethereum remains dominant in DeFi, stablecoins, and tokenized asset markets globally.
After dropping to $1652, ETH trades nearly 67% below record high despite growing network adoption.

ETH-10.22%

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