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Andy· 2025-07-08 11:20
RT Andrew Forte (@AndrewAsksHow)Big picture stuff happening in crypto right now:- BTC has been a standout climbing close to its all-time high of $112,000 in May 2025, with a year-to-date gain of about 15%, outpacing the S&P 500’s 7% rise- Circle’s IPO and Bank Charter: Stablecoin firm Circle, issuer of USDC went public with a $18 billion valuation and is applying for a U.S. national trust bank license. J.P. Morgan forecasts stablecoin market cap at $500 billion by 2028 tempering trillion-dollar expectations ...
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Andy· 2025-07-08 10:51
L2 Adoption & Network Effects - Companies like Coinbase, Sony, Alibaba, Deutsche Bank, Robinhood & OpenAI have leveraged Layer 2 solutions (L2s) to create powerful network effects [1] - Setting up an L2 is crucial for benefiting from these network effects [1] - There is a high probability that the mentioned companies will establish their own L2s [1] L2 Benefits - L2s offer benefits beyond network effects, including settling on ETH L1, high customizability, and an attractive business model [1] - Base is generating approximately $80 million in annual revenue, indicating the potential of the L2 business model [1] ETH L1 Role - ETH L1 is positioned as the base layer of trust for the onchain economy [2]
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Andy· 2025-07-08 10:39
Data Accuracy & Completeness - The data presented may be incomplete due to the exclusion of some Layer 2 (L2) solutions from the specified source [1] - The exclusion of certain L2s potentially affects the ranking of chains by Transactions Per Second (TPS), particularly within the top 15 [1] Customer Support - Customer support is available via direct message to @forrestnorwood [1]
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Andy· 2025-07-08 09:57
Top Ethereum L2s by TPS today:1. Base2. Molten Network3. Polygon PoS4. Arbitrum One5. Gravity6. Worldchain7. Unichain8. Ethereum (L1)9. Xai10. OP Mainnet11. Ink12. WINR13. Abstractt14. Proof of Play (Boss)15. PlumeTotal TPS averaging around 380. Higher. https://t.co/1Va69RpsUy ...
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Andy· 2025-07-08 05:16
RT The Rollup (@therollupco)We asked @santiagoroel about AI and his approach to it."I've felt less of a need to hire for analysts.""What would have required a team of three analysts and taken a month to produce, now I can do it quite literally in less than a day.""I'm cautious of investing in anything AI because I think the pace of innovation there is really chaotic and fast." ...