In short
- ETH Denver founder says the market downturn has trimmed hype and sharpened builder focus.
- Convention attendees describe a extra intimate, return-on-investment-driven crowd.
- Past tech, ETH Denver additionally locations a deal with artwork and psychological wellness.
Crypto costs could also be down, however the temper inside ETH Denver on opening day is up.
Regardless of the chilly, a line shaped outdoors the brand new venue, the Nationwide Western Heart, nicely earlier than doorways opened.
For ETH Denver founder John Paller, the occasion displays a 12 months’s value of labor that started instantly after final 12 months’s occasion.
“Lots of people assume that is the start, however for our group, we really didn’t cease from final 12 months,” he informed Decrypt, describing the primary day as “the crescendo.”
Whereas the cryptocurrency market downturn has dominated headlines, Paller stated ETH Denver thrives throughout downturns.
“ETH Denver has all the time benefited from bear markets,” Paller stated, noting that sponsors slender their occasion budgets and focus spending.
Paller did, nonetheless, acknowledge that attendance is anticipated to fall wanting peak years.
“As a substitute of 25,000, there’s solely going to be 10,000 or 8,000 individuals or one thing,” he stated, however added that in comparison with earlier editions, the occasion has continued to broaden. “From 2020 we had been at 2,500, so it’s nonetheless grown, the core nucleus, and the sign has grown.”

“The noise to sign ratio goes to be significantly better,” he stated. “Only a lot much less noise, quite a bit greater sign. The people who find themselves listed here are critical, they usually care deeply about the way forward for net three and the person owned Web.”
Russell Castagnaro, founding father of Unicorn.eth, stated the change within the vibe is noticeable.
“There are much more people who find themselves significantly ,” Castagnaro informed Decrypt. “It received so large over the past two years that everybody simply needed to be there. Now, after they come, they actually wish to get ROI for themselves. They wish to ensure they’re assembly individuals, constructing, and getting uncovered to all the brand new applied sciences. It’s much more again to its roots in some ways, however in an advanced state.”
For some first-time attendees like Tyler Gentry, founding father of fintech consultancy agency NEED-AID, the attraction of coming to ETH Denver lies in observing how decentralized communities function.

“I got here to ETH Denver to see how a DAO cooperative group comes collectively in actual time and to discover how NEED-AID can use that blueprint to democratize giving for nonprofits and unlock the subsequent technology of donors,” he stated.
However the vibe round ETH Denver isn’t all concerning the newest traits in AI or crypto markets. Within the Zen Zone, situated close to the doorway, facilities on artwork and psychological wellness earlier than panels and networking start.
“The vibes are what stored me coming again,” Shana Douglas, co-founder of blockchain schooling and outreach undertaking NFT CLT, stated. “I have been right here since 4 or 5 years once we’re on the fort and it was tremendous intimate. So this is not as intimate as that, nevertheless it’s undoubtedly setting the tone for a powerful builder group and ensuring we’re all vibing properly.”

NFT CLT co-founder Tony Bravado, stated this 12 months’s ETH Denver feels “extra intimate.”
“To ensure that us to construct group, we’ve received to have tight knit locations the place individuals can collect, the place individuals can share different concepts, in addition to individuals can develop wellness,” he stated. “You will have AI, you have got wellness, all collectively, and it simply feels good to be right here.”
Whereas costs stay nicely beneath prior highs, ETFs shed tens of millions, and sentiment on Crypto Twitter has turned decidedly bearish, the attendees of ETH Denver, whereas a smaller gathering than in years previous, seem centered on constructing not solely new applied sciences however a stronger group going into 2026.
Day by day Debrief Publication
Begin day-after-day with the highest information tales proper now, plus authentic options, a podcast, movies and extra.
