This podcast episode explores significant developments in the Ethereum ecosystem, including the upcoming Dankoon upgrade with its potential impact on L2s and the fee market. It also discusses the progress of Verkle trees, stateless clients, and the Petra upgrade, emphasizing their importance in enhancing Ethereum's scalability and security. Additionally, the episode covers the importance of client diversity and its impact on Ethereum's network security, as well as the dominance of Geth among major players in the ecosystem. The episode also delves into the ongoing debate surrounding the use of off-chain DA solutions by roll-ups, emphasizing the importance of long-term sustainability. Furthermore, it highlights the growth of Layer 2 solutions, providing valuable metrics and tools for analyzing their performance. Lastly, it delves into the concept of ultrasound money, explaining Ethereum's net deflationary nature since the merge and its implications for the long-term value of ETH.