Crypto Market Cycles - The report discusses different perspectives on the current crypto cycle [1] - It implies the existence of multiple crypto cycles, suggesting varying experiences and interpretations among participants [1]

Ethereum Network Activity - Ethereum reached all-time highs in transaction count [1] - Active addresses on Ethereum also reached all-time highs [1] - Ethereum throughput reached 1.88 mega gas per second [1] Gas Consumption - ERC20 transfer consumes approximately 40 thousand gas [1] - A swap operation consumes approximately 350 thousand gas [1] Market Outlook - The industry anticipates that $ETH will soon reach an all-time high [1]

Ethereum reached ATHs in:- Transaction count- Active addresses- Throughput (1.88 mega gas per second)**Throughput: the total compute (gas) those transactions consume not just transactions per second.ERC20 transfer ~ 40k. Swap 350k gas.$ETH ATH soon to follow. https://t.co/osl5XQ3JPK ...

RT Ignas | DeFi (@DefiIgnas)It's really a fun time to be in crypto:Some launch their own L1s while other prefer L2s. Which strategy will prevail?Interesting that Ronin launched their own chain because Ethereum was slow & expensive.But Ethereum and L2s finally scale and Ronin migrating to an L2 is bullish for $ETH and $RON ...

RT Ignas | DeFi (@DefiIgnas)We topped the last cycle due to interest rate hikes and the FTX/CeFi/Luna collapse.Now, we'll see interest rate cuts with continuing DATs/ETFs and institutions buying.Maybe the top is further away than you think. ...

Industry Trends - The crypto industry is experiencing a dynamic period with the emergence of both Layer 1 (L1) and Layer 2 (L2) solutions [1] - The success of different scaling strategies (L1 vs L2) remains to be seen [1] Company Strategy & Technology - Ronin initially launched its own chain due to the high costs and slow speeds of Ethereum [1] - Ronin is now migrating back to Ethereum as an L2 solution [1] - Ronin's migration to an L2 is considered a positive development for both Ethereum ($ETH) and Ronin ($RON) [1] Market Dynamics - Ethereum's scaling solutions (L2s) have matured, making a return to Ethereum viable for Ronin [1][2] - Necessity drove Ronin to build its own network four years ago because Ethereum was still early in its scaling roadmap [1]

Market Trend Analysis - The previous market peak was influenced by interest rate increases and the collapse of FTX/CeFi/Luna [1] - The industry anticipates interest rate cuts, ongoing Digital Asset Technologies (DATs)/Exchange Traded Funds (ETFs), and institutional investment [1] - The market top may be further away than anticipated [1]

RT Ignas | DeFi (@DefiIgnas)POOF!Your money is gone.$440M in long positions liquidated in just this 1 hour candle. https://t.co/f0MtWol9Fw ...

RT Ignas | DeFi (@DefiIgnas)Heard of Liquid Collective's LsETH?Their fast growth shows how quickly established DeFi playground can change when institutions get involved.Thanks to @SharpLinkGaming's DAT, LsETH has become the largest LST for $ETH.It's coming to Aave as well. https://t.co/fTKFhgQYFV ...

Governance & Security - Aave is conducting a test vote on Ethereum mainnet as a fire drill [1] - The purpose is to ensure the voting mechanism works on Ethereum in case of failures on Polygon/Avalanche [1] - This involves spending ETH gas to verify the functionality of the "panic button" [1]