The Bank of Italy has simulated an extreme scenario where the price of Ethereum (ETH) falls to zero to demonstrate how market risks associated with the native Ethereum token can translate into infrastructure and financial stability risks. In a new research paper titled "What if the price of Ethereum fell to zero? How cryptocurrency market risks could evolve into infrastructure risks," economist Claudia Biancotti explores how extreme shocks to Ethereum's price would affect the cryptocurrency market. She argues that some validators might rationally exit, slowing down block production and weakening Ethereum's ability to withstand certain attacks and ensure timely transaction settlement. (Cointelegraph)