Ethereum Network Growth - Ethereum's real economy experienced a growth rate three times faster than the price of ETH [1] - The supply of stablecoins on Ethereum has increased by 6,550% since 2020, indicating strong real-world demand [1] - ETH's fully diluted market cap increased by 2,060% over the same period, lagging behind the chain's economic engine growth [1] Market Valuation - The current gap between economic activity and price valuation is unlikely to persist indefinitely, suggesting potential for price appreciation [2]

"@USDai_Official earns yield by providing liquidity to emerging AI companies who have real collateral but aren't the size of OpenAI or have access to Blackstone."Launching a stablecoin > fundraising from LPs https://t.co/cc6HtjJX1K ...

Stablecoin investing has shifted:2014: the question was whether anyone would use a stablecoin.2025: the question is which issuers can execute well enough to win a demand-heavy but competitive market.Market-risk eras reward startups; execution-risk eras reward incumbents. https://t.co/UrQSDIdhfNBen O'Neill (@benhoneill):Building a stablecoin-based business is incredibly tough to monetize at scale. Similar to AI, the growth may be eye-popping for many start ups, but margin is a much different conversation.Alm ...

Aka the @fundstrat @joechalom ’RWAs on Ethereum’ thesis visualized ...

Key Issuers & Chains - The report identifies issuers and chains as two 'investable' columns, with Ethereum being present on each row [1] Fastest Growing RWAs (Real World Assets) - USCC from Superstate Inc is identified as the fastest growing RWA [1] - EURA from Angle Protocol is among the fastest growing RWAs [1] - XAUT from Tether is listed as a fast-growing RWA [1] - PYUSD from PayPal is included in the list of fastest growing RWAs [1] - VBILL from Vaneck US and Securitize is noted as a fast-growing RWA [1] - USYC from Circle is identified as one of the fastest growing RWAs [1] - USTB from Superstate is listed among the fastest growing RWAs [1] - GHO from Aave is included in the list of fastest growing RWAs [1] - RLUSD from Ripple is noted as a fast-growing RWA [1] - thBILL from Theo Network is identified as one of the fastest growing RWAs [1] - EURC from Circle is listed among the fastest growing RWAs [1] - WTGXX from WisdomTree Funds is included in the list of fastest growing RWAs [1]

Builders to follow: @rleshner @GuillaumeNervo @paoloardoino @webergems @carlosdomingo @jerallaire @StaniKulechov @bgarlinghouse @kt_nowk @JonoSteinberg ...

RWA（Real World Assets）增长最快的项目 - USCC @SuperstateInc 增长速度领先 [1] - EURA @AngleProtocol 位列第二 [1] - XAUT @Tether_to 排名第三 [1] - PayPal 的 PYUSD 也在快速增长之列 [1] - VanEck 的 VBILL @vaneck_us @Securitize 同样表现出色 [1] 其他值得关注的 RWA 项目 - Circle 的 USYC 和 Superstate 的 USTB 也在快速增长 [1] - Aave 的 GHO 和 Ripple 的 RLUSD 同样值得关注 [1] - Theo_Network 的 thBILL 和 Circle 的 EURC 也在增长之列 [1] - WisdomTreeFunds 的 WTGXX 也在快速增长 [1]

Trading Volume - All-time trading volume on NEAR Intents surpasses $5 billion [1]

Tokenization Growth - Tokenization 不仅限于稳定币，其他资产类别的增长也不容忽视 [1] - 黄金的 Tokenization 在过去 5 个月内显著增长 [1] Gold Tokenization Metrics - XAUT 的市值为 21 亿美元 [1] - PAXG 的市值为 13 亿美元 [1] - 黄金 Tokenization 的市值自 2021 年以来增长了 50 倍 [1] - 黄金 Tokenization 的总市值为 39 亿美元，而黄金作为一种资产的价值达数万亿美元 [1]

An overview of @SteakhouseFi's top 20 vaults on @morpho.The vaults (45 in total) have ~$1.2 billion in assets supplied.As a result, Steakhouse Financial is currently the 2nd biggest vault curator on Morpho. https://t.co/pRn2BuTjRF ...