Ethereum itself is in the best position it ever was. Every perceived risk - outside of general execution risk - is outside ETH (BTC whales unloading / macro): - only L1 with state level security (5 clients, 12k+ validator entities, 10yrs running without downtime etc.) - ETH L1 & L2s 13.1x lead in stablecoins, 17.1x in RWAs & 8.2x in Defi (TVL vs. next decentralized competitor) - scalability non-issue with increasing blobs, EigenDA & zk tech (24k+ blobs tps rn, 100k+ tps with MegaETH, EigenDA potentially doing 43M tps) - govs favorable of integrating blockchain tech in global financial infrastructure - regulatory clarity allows space to move rapidly forward - green light for crypto to be used in 401ks - all relevant tradfi whales all in to use blockchain tech to tokenize global wealth worth $400T And macro seems like - according to the experts here on CT - having no severe mid-longterm issues. Can't be anything but bullish still.
gm to my 7 followers who still believe it’s not over. I know it’s tough out there right now when you look at the market. But it’s gonna feel so good next year when we end up being among the very few who were right. Even though everyone tried to convince us otherwise right now.
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