Bitcoin will continue its upward cycle
Altcoins will see rallies, but no new cycle
The core of on-chain finance will be yield and stablecoins
Derivatives will remain the most profitable segment of the industry, etc.
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ETH is becoming a corporate treasury asset.
Inspired by Michael Saylor's BTC treasury strategy, companies are now pivoting to ETH, not just as passive reserves, but as yield-bearing, productive assets.
Who's leading this race 🧵
There will be no further increases to the deposit cap. Total deposits are now limited to $1 billion.
The goals of the deposit period were clear: enable broad, global participation through a fair process prioritizing real users over bots, and bootstrap day-one stablecoin liquidity for Plasma mainnet beta. We’ve achieved both.
With deposits now closed, the system remains live. You can still withdraw at any time before the lock-up phase, but note that withdrawing or transferring your receipt token will reduce your units.
We’re deeply grateful for your trust and participation. This is only the beginning.