The Bank of Italy simulated a scenario where Ethereum would go to zero, warning of the risks to Ethereum infrastructure.

PANews reported on January 12th, citing Cointelegraph, that the Bank of Italy, in a study titled "What if Ethereum goes to zero? How market risks can evolve into infrastructure risks," pointed out that if the price of ETH were to drop to zero, it could lead to validator exits, slower block production, and decreased network security, thereby impacting financial services such as stablecoins and tokenized assets that rely on Ethereum for settlement. The report recommends that regulators weigh whether to allow financial institutions to rely on public blockchains, or whether to introduce risk mitigation mechanisms such as business continuity plans and validator security standards.