Market Dynamics & Growth - Crypto's interconnected financial network drives speculation and reflexivity, leading to exponential capital attraction [1] - This self-reinforcing network effect differs from traditional social networks due to its intrinsic reflexivity [1] - The industry anticipates approximately 7 more years of non-linear cyclic growth in the tech sector [1] - A single application can rapidly transform established perceptions within the crypto space [1] Valuation & Competitive Landscape - Blockspace is not a commodity [2] - Ethereum possesses a significant competitive advantage (moat) [2] - Solana also has a competitive advantage, albeit smaller than Ethereum's [2] - Solana has the potential to rapidly alter its competitive position in either direction [2] - Most blockchains are currently overvalued [2] - Some blockchains are significantly undervalued [2] - Valuing crypto networks solely based on traditional finance (TradFi) companies is useful but incomplete [2]

related:https://t.co/WYpkj1yUC8Token Terminal 📊 (@tokenterminal):⛓️💳 Now that stocks are coming onchain, will securities lending be the next big growth catalyst for lending protocols? https://t.co/drAPhynUfm ...

the next big growth catalyst for lending protocols:securities lendingyes / no? https://t.co/JoCNUKV2Co ...

RT Token Terminal 📊 (@tokenterminal)got inspired by @simonkim_nft's work and @hosseeb's post & went ahead and built a simple dashboard that puts some of @ethereum's competitive advantages in the spotlightlet us know what you think!link in the comments https://t.co/tEJB7ZteP4 ...

Top L1 chains by daily transaction countTwo chains stand out: ICP and SOL https://t.co/suZLWG8QWO ...

🏦⛓️ @Fidelity's FDIT tokenized money market fund on @ethereum surpasses $260 million in market cap.Fidelity is a private company with ~$6.4 trillion in (offchain) assets under management.The market cap of tokenized assets can grow a lot quicker than many realize. https://t.co/H2aMRDccr2Token Terminal 📊 (@tokenterminal):Why stablecoins & RWAs matter for $ETH 👇To date, the application TVL on @ethereum has set the floor for ETH's market cap.Should that continue to hold, the more assets that get tokenized (incl ...

Why stablecoins & RWAs matter for $ETH 👇To date, the application TVL on @ethereum has set the floor for ETH's market cap.Should that continue to hold, the more assets that get tokenized (incl. stablecoins) & used in Ethereum-based apps, the more ETH stands to benefit. https://t.co/ZcaAUSWsoa ...

"L2s scale Ethereum.""Ok, so what?""Can @ethereum implement a meaningful 'tax' on L2 txs?"1) It doesn't need to (ETH is a SoV crowd)2) No, the current $ relationship between L1 <> L2s is fixed (competing chains)3) Yes, through vertical integration (long-term ETH bulls) https://t.co/9HYQ8Eqi7t ...

Source:https://t.co/Xf4cRZyUmv ...

L1s are easy to launch, hard to scale.If they weren’t, metrics like 'application TVL' would look far more evenly distributed.Today, @ethereum has a ~$250B lead to the runner-up. https://t.co/C4E8a3efZR ...