Home
Notification
Profile
Trending Articles
News
Bookmarked and Liked
History
Creator Center
Settings
AvgJoesCrypto
--
Follow
If you are fundamentally bullish on
Ethereum
, what’s the rationale for buying $ETH ($300B mc) over $COIN ($75B mc)?
#ETH
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
See T&Cs.
ETH
2,437.52
+0.71%
0
0
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Sign Up
Login
Relevant Creator
AvgJoesCrypto
@AvgJoesCrypto
Follow
Explore More From Creator
If @jessepollak and @base want @zora to succeed, why won’t they launch their own creator coins?
--
Is @jessepollak and @base want @zora to succeed, why won’t they launch their own creator coins?
--
What’s the memecoin for this
--
Ethereum L2s are in trouble... is Bitcoin the solution? A Key Takeaway from my latest @MessariCrypto report, "Between a Rock and a Hard Place: L2 Economics." Shrinking fee revenues, @base ’s dominance, intensifying competition from other L2s and Ethereum L1, and valuations detached from fundamentals have put most L2s on unstable footing. Surviving this environment will require bold strategic shifts. Perhaps the boldest of them all is a pivot to Bitcoin. The Bitcoin L2 opportunity is interesting for 3 main reasons: 1) The Bitcoin network itself cannot offer smart contract capabilities or other functionalities offered by L2s, unlike Ethereum. 2) There are no entrenched incumbents in the ecosystem. Using bridged BTC as a proxy for adoption, no single network holds more than roughly 30% of the total supply, with most holding well below 10%. New entrants should have no trouble competing. 3) $BTC, the asset, offers the strongest economic base out of all cryptoassets. Some teams, like @Starknet, are already making this shift to Bitcoin. Over time, I fully expect more Ethereum L2s to "abandon ship" and pivot to the Bitcoin ecosystem.
--
Ethereum L2s are in trouble... is Bitcoin the solution? A Key Takeaway from my latest @MessariCrypto report, "Between a Rock and a Hard Place: L2 Economics." Shrinking fee revenues, @base’s sweeping market share, intensifying competition from other L2s and Ethereum L1, and valuations detached from fundamentals have put most L2s on unstable footing. Surviving this environment will require bold strategic shifts. Perhaps the boldest of them all is a pivot to Bitcoin. The Bitcoin L2 opportunity is interesting for 3 main reasons: 1) The Bitcoin network itself cannot offer smart contract capabilities or other functionalities offered by L2s, unlike Ethereum. 2) There are no entrenched incumbents in the ecosystem. Using bridged BTC as a proxy for adoption, no single network holds more than roughly 30% of the total supply, with most holding well below 10%. New entrants should have no trouble competing. 3) $BTC the asset, offers the strongest economic base out of all cryptoassets. Some teams, like @Starknet, are already making this shift to Bitcoin. Over time, I fully expect more Ethereum L2s to "abandon ship" and pivot to the Bitcoin ecosystem.
--
Latest News
Bitcoin Treasury Companies Face Potential Challenges Amid Market Dynamics
--
Trump Highlights Challenges in U.S.-Europe Trade Relations
--
Elon Musk Predicts Economic Growth Through AI and Robotics
--
Binance Alpha Launches Rekt (REKT), Airdrop Open to Users With 170+ Points
--
Cryptocurrency Market Sees $172 Million in Liquidations
--
View More
Trending Articles
$BTC pumped after clearing the lower side liquidity and now
DeCrypto TokenTalks
As of today, I can confidently say that even if we have 10 b
Farrah Depetris qTix
THE FINAL BOUNCE BEFORE THE BLOODBATH.
Xmeta4
Learn this simplest method of trading cryptocurrencies, and
Square-Creator-14f57d253
XRP Insiders Dump $68M Daily—Smart Money Exit from the Dust
Saloocrypto
View More
Sitemap
Cookie Preferences
Platform T&Cs
