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the counterintuitive endgame where @solana L1 becomes more decentralized than the @ethereum L1: https://x.com/tokenterminal/status/1848821203097555166/photo/1
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The number of ONDO holders continues to trend up Tokenized assets đ€ @OndoFinance https://x.com/tokenterminal/status/1848792508764966919/photo/1
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Coinbase x Circle Base x USDC Distribution x Stablecoin Developers x Payments The future of global commerce is onchain. https://x.com/tokenterminal/status/1848783954083778779/photo/1
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đ OpenChat enters into a Data Partnership with Token Terminal đ â @OpenChat is one of the fastest growing Social projects on the Internet Computer. â The project has raised ~$5.5m in funding, and its core contributors have several decades of prior work experience from leading technology companies. â Now, with close to 30k MAUs, OpenChat recognized the need for reliable, continuous, and data-driven stakeholder reporting.
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what ethereum L1 (ETH) bulls believe in: no 1 chain can scale to meet the global demand that exists to transact onchain crypto apps that reach the mainstream will want more control over their tech & economics as a result, L2 rollups are the way to go for most apps however, the current batch of L2s are still in their 'honeymoon phase' there's no real pressure from the market and/or regulators for them to decentralize once that pressure inevitably comes, L2s will need to either build or buy decentralization building it (better than the ethereum L1) takes a lot of time & money context: the ethereum L1 has built a decentralized & resilient validator set for 10+ years (work in progress still!) therefore, most L2s will end up buying decentralization from a subset of ethereum L1 validators who will have the pricing power in these negotiations? assuming ethereum core devs continue to execute, it'd be reasonable to argue that the L1 validators that is, to decentralize, most L2s will have to buy decentralization from a subset of L1 validators if ETH successfully applies an EIP-1559-style burn mechanism to these fees ETH revenues will rise again
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