Ethereum Must Move Faster or Risk Losing Its Edge Says Starkware Founder
Speakers
Eli Ben-Sasson
— CEO, StarkWare
Armani Ferrante
— CEO, Backpack
Summary
Eli Ben-Sasson argues Ethereum must accelerate its roadmap to avoid being overtaken by newer blockchains, while touting Starknet's technological lead. Armani Ferrante highlights the record $1 billion trading volume for Backpack's tokenized SpaceX stock, signaling strong demand for onchain securities.
- Ethereum roadmap timeline may be too slow, risking its first-mover advantage.
- Starknet already implements recursive STARKs, Cairo, and quantum-safe hashes.
- Quantum threat could erode investor confidence if not addressed urgently.
- Tokenized SpaceX stock trading surged to $3.86B in June, led by SPCX token.
- Backpack plans to expand tokenized securities symbol by symbol.
- Privacy is a competitive space, with one standard likely to dominate.
- Eli calls for more collaboration and transparency in Ethereum governance.
Ideas
Starknet's tech lead makes it attractive
Starknet already has recursive STARKs, the Cairo programming language, and quantum-safe hashes in production, giving it a significant technological lead. He suggests Ethereum should borrow from Starknet to move faster, implying Starknet is positioned to benefit from Ethereum's delays.
Slow roadmap risks Ethereum losing dominance
Ethereum's ambitious roadmap timeline of 3-4 years (likely extending to 5) is too slow, risking loss of its first-mover advantage to more modern blockchains or centralized corpo chains. Speed, governance transparency, and quantum readiness are lacking, which could lead investors to reduce exposure.
SPCX token sees massive adoption success
The tokenized SpaceX stock offering (SPCX) generated $1.08 billion in onchain trading volume, far exceeding expectations, and the platform will expand to more symbols, building a 24/7 global capital market for securities onchain.
Up Next
This CoinDesk video, published July 10, 2026, features Eli Ben-Sasson, Armani Ferrante discussing STRK, ETH, SPCX. 3 trade ideas extracted by AI with direction and confidence scoring.
Speakers: Eli Ben-Sasson, Armani Ferrante · Tickers: STRK, ETH, SPCX