cryptocrypto2026

The creator of the Stock-to-Flow model, PlanB, has officially buried Ethereum on his social media, calling the transition to Proof-of-Stake (PoS) "suicide" and labeling the asset as a "practically dead" shitcoin. The analyst's main argument is the capitulation of the ETH/BTC chart to the mark of 0.026 BTC, which completely nullifies years of progress for the second cryptocurrency and resets its purchasing power to levels far back in 2016. According to PlanB, the lack of a strict monetary policy, 17% pre-mine, and developer centralization strip ETH of its "hard money" status.

While PlanB's criticism is largely driven by his radical Bitcoin maximalism (and an old personal grudge against Vitalik Buterin, who dismantled the S2F model), the technical picture for ETH/BTC indeed looks catastrophic. Ethereum has lost all institutional momentum due to prolonged outflows from spot ETFs and liquidity migration to Layer 2 networks. Right now, ETH has moved into the category of high-risk B2B infrastructure assets, so it's safer for long-term investors to accumulate monopolistic BTC, while speculative capital should be redirected into the more aggressive and faster Solana (SOL).

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