Someone needs to tell the SOL maximalists that playing the relative valuation game in crypto usually leads to the more expensive one going down, not the "undervalued" one going up...

It's intellectually dishonest to believe in both views simultaneously imo 1. L1s should be valued based on MEV 2. L1s are currently valued based on MEV

Finally good data on Solana! solana.blockworksresearch.com

Vitalik on DeFi... Why are people upset about someone being bullish on-chain finance while also recognizing that today, most on-chain financial activity is driven by purely reflexive behavior? We must strive for organic usage, otherwise this space will die.

all the recent bickering within eth circles is symptomatic of the first true seeds of doubt and fear in ~5 years from long-time eth believers > what if we were wrong incidentally believe this is important and beneficial introspection

Bitcoin dominance probably goes to 70% over the next 12 months. The L1 valuation debates can only lead to dissapointment on relative upside.

(Long post) As a postscript to RFK dropout kerfuffle, the candidate that UMA and Polymarket ruled dropped out of the Presidential race last Friday just did two things to immediately call into question whether that was the correct decision: 1. He just filed with the state of

Thanks for having us on :)

💯. Everybody is underestimating onchain finance because they conflate the quality of the assets we have onchain with the quality of the financial infrastructure. If we brought stocks, bonds and real estate onchain through a Circle custody model (possible today with regulation),

Escrow agreements are a perfect use case for sc tech as long as the assets can be secured by a blockchain (tokenized or crypto-native). In the case of tokenized assets, it would benefit them to have some semblance of legal ownership representation (klym.com/blog/duplicata….)

There is a spam account impersonating Quinn and it appears they have gotten X to wrongly suspend his account. Please help to report the imposter. x.com/qhthomp Support

So let me get this right, an L2 on Solana is a Network Extension, but an L2 on Ethereum is parasitic. Got it 🫡

1/ Euler v2 is live. Lend, borrow and build without limits.

Looking forward to being an early user!