Michael Hansaker🔺🐱

Avalanche Ambassador 🔺

[Michael Hansaker🔺🐱 @HansakerM]

@zansskuyy @HotEminSummer 🔺

[Michael Hansaker🔺🐱 @HansakerM]

@nobsfud Gbusiness

[Michael Hansaker🔺🐱 @HansakerM]

@realwarrior313 Gm you 🔺soul

[Michael Hansaker🔺🐱 @HansakerM]

@ExcelBaller 🔺 @avax

[ΞxcelBaller @ExcelBaller]

The $AVAX ETF announcement got me thinking about some things, so I’m rambling:

The crypto market is down. Metals and equities are up. Blame whoever you want. Bitcoin and Ethereum aren’t going anywhere. There are too many chains not worth mentioning, but of the alternatives that survive a long bear market, the only chains that can be taken seriously are Avalanche and Solana. Ripple was fueled by massive 2013-era raises, Cardano by a 2015–2017 multi-step ICO, and Polygon continues to fail and rebrand. First-mover advantage and OTC treasury buyback pumps keep their cults locked in, but I struggle to see real on-chain advancement. What I do see is a diehard following that’s never opened a block explorer (there’s nothing to do) and founders that rely on paid headlines and “institutional partnerships.”

Solana deserves credit for capturing retail attention and volume, but I’m skeptical institutions will park legacy brands next to streamer-driven rug culture and pepepeepoopoocoin42069. I say that partly in jest, and that’s not a knock on the Solana team or builders - they’re clearly smart and have built real momentum for the ecosystem, but the legal and technical limits of forcing everything onto a single monolithic chain with one gas token are real.

Avalanche’s horizontal scaling is the only solution that works today for infinite scale. To compete with pay-to-win BD elsewhere, Avalanche slashed validator costs to 1.33 $AVAX per month from the prior 2,000 $AVAX staking requirement in the ETNA upgrade. I understand the reasoning, but a change that drastic to network security demands corresponding changes in tokenomics and incentives to return value to $AVAX. The upside is a capped, burn-based supply, unlike chains that rely on infinite issuance to subsidize validators, such as Solana.

Despite what still needs fixing (what is actively being worked on) Avalanche has serious builders, real grant programs, and a community ready for the next flywheel or institutional move. I’ve helped interview 11 builders in the past two weeks alone for a community incubator grant, and meaningful incentives exist for teams of all sizes. When capital rotates back into crypto, AVAX has a real chance to do the funniest thing.

I’d mention Binance, but this isn’t a 10/10 tweet.

[Michael Hansaker🔺🐱 @HansakerM]

@ExcelBaller @pewpewpew61 Let’s ride that Red Mount 🔺🔥

[Michael Hansaker🔺🐱 @HansakerM]

@0xwebmick An @HotEminSummer to rule them all 🔺

[Michael Hansaker🔺🐱 @HansakerM]

@nobsfud Always 🔺

[Michael Hansaker🔺🐱 @HansakerM]

@ntr_xHK @HotEminSummer So @HotEminSummer 🔺

[Michael Hansaker🔺🐱 @HansakerM]

@onecalledthomas I believe in $AVAX 🔺

[Michael Hansaker🔺🐱 @HansakerM]

@ntr_xHK Almost time🔺

[Michael Hansaker🔺🐱 @HansakerM]

@0xFrenchy Exactly 🔺

[Michael Hansaker🔺🐱 @HansakerM]

@justonedave_1 @Barbotaipa @ExcelBaller @nobsfud @HotEminSummer gBusiness my dear @HotEminSummer friend 🔺

[Michael Hansaker🔺🐱 @HansakerM]

@0xCryptoGear @HotEminSummer So @HotEminSummer 🔺

[Michael Hansaker🔺🐱 @HansakerM]

@Memofrogwell @HotEminSummer I want to see that movie, right now 🔺🔥

[Michael Hansaker🔺🐱 @HansakerM]

@nobsfud This summer’gonna be so @HotEminSummer 🔺🔥

[Michael Hansaker🔺🐱 @HansakerM]

@nobsfud Then, the game begins 🔺

[Michael Hansaker🔺🐱 @HansakerM]

@ntr_xHK @HotEminSummer

[Avalanche France 🔺 @avalanche_fr]

Comme l’explique John Nahas, les institutions passent onchain… mais lentement.

Elles doivent évaluer les risques des smart contracts, la compliance, la sécurité et la résilience de l’infrastructure.

Tout ceci est configurable sur un L1 Avalanche.🔺

[Michael Hansaker🔺🐱 @HansakerM]

@vicdelarge $HOTEMIN SUMMER ONCHAIN 🔺

[Michael Hansaker🔺🐱 @HansakerM]

@avax @el33th4xor @HotEminSummer 🔺