"Invest (first) & Investigate (later)"

Onchain activity picking up on @Starknet

Daily fees are up ~10x since the start of November

all 3 chains have low fees

@solana growing the fastest in usage

Monthly active user growth since January '24 for @trondao, @BNBCHAIN, and @avax:

1) Tron usage up 31%
2) BNB Chain usage down 15%
3) Avalanche usage down 46%

"How to be successful in financial markets?" 🗒️✍️

ICP's "Crypto Cloud" pitch by @tt_intern:

Smooth onboarding:
▪️ No need for wallets, touchID login
▪️ Reverse gas model, devs pay gas upfront; consumers don't need to buy ICP

Fullstack DAOs:
▪️ Smart contracts serve also web, biz + frontend logic both onchain
▪️ Protocol-level integrations with BTC & ETH, ICP contracts can function as multichain “remote controls”
▪️ NNS app, ICP's own launchpad for ICOs, ~30 DAOs live today & new launches occurring regularly
▪️ Working non-DeFi apps like @OpenChat, w/ web2 like UX + onchain capabilities

Summary:
▪️ Ecosystem still early in terms of developer adoption
▪️ UX is great --> many features currently being copied by other ecosystems
▪️ Tradeoff: more centralized e.g. when it comes to data retrieval (need to build tooling to make it on par with e.g. EVM ecosystems)

According to @BlackRock, Ethereum's key competitors are:

1) Solana
2) Avalanche
3) Cardano
4) JP Morgan

If you're bullish $LDO, now seems like the time to engage?

🔸 $30B Assets Staked
🔸 $3M Daily Fees
🔸 Permissionless Node Operator Set

what explains @SuiNetwork's out-performance?

SOL won in mind & wallet share in '24

anecdotally, a question we get often these days: "do you have more data on @Aptos & @SuiNetwork app ecosystem growth"

is it because:

1) ethereum L1 & L2 data is already accessible?
2) new high-perf L1s are believed to overtake solana?

blockchain data you can...

1) trust
2) understand
3) explore
4) act on

🫡

ATOM is up close to 20% in the past 24h

turnaround incoming?

the biggest cryptoasset vs. the most hyped DeFi token

there's no second best

The ticker in '24 has been ETH, not ARB

ETH vs. OP

ETH has been a better investment this year, by a wide margin

where does the value accrue?

digital real estate boom around the corner

📊 Analyst Coverage (You)
▪️ Do the research aka know your domain
▪️ Interview stakeholders (users, builders, investors)
▪️ Present the insights in a well-organized dashboard

👷 Data & Distribution (Token Terminal)
▪️ Run the nodes & build the data pipeline
▪️ Standardize the raw data into comparable metrics
▪️ Make the data easily accessible to analysts & distribute their research to the world

Excited to have @JustDeauIt & The DeFi Report pioneer the Analyst Coverage layer on top of Token Terminal!

Stay tuned for more industry-leading dashboards.

reality vs. what the project's landing page says

as a data biz, we need to consider the former!

Why the "Ticker Problem" is coming Solana:

1. Jito is printing $
2. Competitors will come after Jito's margins
3. Jito & its competitors will increase their take rates
4. To "capture" the success of Solana, investors will have to decide between SOL, JTO & other tickers