#SSV FDV 50M TVL 5.33B Sensible
Is it a return to value or a value gap? A strange bull market has brought many inexplicable phenomena, from dream earnings ratios to market shares. The market has become less straightforward, experiencing the pain period after the dividend phase.
Today I saw @lanhubiji discussing stablecoins. The ever-increasing market value of stablecoins in the entire blockchain industry and the continuously declining coin prices—do you say there’s no liquidity? Stablecoins can be seen on-chain; so do you say there’s liquidity? #ETH has been continuously declining.
Looking at the market based on past logic is just inflow of funds + new users + dapps + leverage.
#SOL is taking the DAPP + existing user migration route.
#TRX is taking the route of continuous destruction of transfer fee income.
#BNB, as a platform coin, establishes a moat through division of labor and buyback and destruction.
Essentially, it is all about leveraging one's advantages to absorb existing stocks. Lacking the two engines of new additions and leverage, BTC has the continuous support of ETF and @saylor as external leverage. If altcoins hope not to be drained, it is certainly necessary, and this is uncontrollable. However, attracting external users and liquidity through innovation is controllable.