Dave

[Crypto Talks @CryptoTalksPod]

Showing 4 charts of projects where you don't need the token to use the product and calling that "an exploding ecosystem" is some new level of delusion my friend.

ESPECIALLY when you see they are all $ADA pairs that are going up in value against the coin which is crashing in price. ( the tokens can sit flat in price and will still gain value against ADA )

The ecosystem is NOT growing.

This is NOT how you look at data to derive ecosystem growth.

You look at things like:

#1 - Developer commits.
#2 - Daily Active Addresses.
#3 - Transaction Counts.
#4 - TVL
#5 - Chain Revenue.

Note:
You want to see an uptrend in these metrics, or a "flatness" during a bearmarket.

And then, you do the same research on other blockchains to compare the growth differences to see how competitors are doing in comparison.

Do that, and see how dead #Cardano actually is.

It's not FUD, it's pure data taken straight off a blockchain explorer and plotted on a chart.

You can check yourself, so go and do it, unless you're scared to be proven wrong by yourself.

And don't try to warp the data you're seeing into fitting your narrative either.

Dev commits = Developers building ecosystem, growing ecosystem = DAA growth = buy preassure

Daily Active Addresses = Chain adoption and liveliness, needs to be compared to competitor chains to see the delta between the two.(or more)

Transaction count = Chain liveliness and user activity = how useful is the chain for the users in reality.

TVL = Locked value the users are willing to have sit on chain etc, economic value growth

Chain Revenue = Tells you how much dollar value per day in is "burned" or "spent" by users which must be replaced by "buying preassure" as users need to buy more of the TX coin in order to continue to use the chain.

Hope that helps.

Pro analyst tip to round this off:
If you have thesis, your job as an analyst is to try to destroy your own thesis in order to make it stronger.
That means, look for weaknesses in your thesis, try to prove the weakness is there, and then change your thesis until it's impossible to destroy any part of it.

Hope to see you on the other side, thanks for reading and goodluck.

You can use our website (https://t.co/DGoxcENn7L) to check these metrics, we even have formulas derived from the single datapoint metrics to help you with more insight, and a chain comparison tool to help you speed up the process.

Or, use another good site like Glassnode, artemis, santiment, defillama or any of the other ones.

Thanks for your time.

(Below is an image of our onchain tool spreadsheet to give you an idea of why you need to look at these metrics)

[Resident Evil @RE_Games]

Survive the deranged terror. Resident Evil Veronica reanimates in 2027 on PlayStation 5, Xbox Series X|S, Steam, and Nintendo Switch 2.

#REVeronica #ResidentEvilVeronica

[Crypto Talks @CryptoTalksPod]

Wendy, the chain died the day the stronger chains came into existance.

Devs don't want to build on Cardano, devs chose other chains, those chains grew the ecosystems and thereby their userbases, and new waves of devs see no growth on Cardano and massive growth elsewhere and thus decides to build elsewhere, where the grass is green so to speak.

Sorry to say but it's been obvious since 2021.

Too bad Cardano maxis just hate on people trying to point them towards a different viewpoint.

I have little to no sympathy, sorry.

[Dave @Mcnery]

@CryptoTalksPod Beautiful when the TA works… and the tools in the website also! 😎💯🫶🏾

Thank you for sharing! 🫡

[ClaudeDevs @ClaudeDevs]

New in Claude Code (research preview): dynamic workflows.

Claude writes an orchestration script on the fly, then spins up a large fleet of coordinated subagents in parallel to take on your most complex tasks.

Use the word "workflow" in a prompt to get started.

[Critically Thinking & Drinking 🧐 🥃🧉🍸🍹🤪 @TheCriticalDri1]

PAWN Star...Wars 😂😂😂😂

@NeuralDerp's latest AI wizarding magic is top fucking notch!

[Marlow @marlowxbt]

A 17 year old high schooler told his mom he needed a Steam Deck for school. She said no, it's a gaming console. He said it runs Linux. She didn't know what that means. Bought it for his birthday. $280.

He never installed a single game on it.

Opened the terminal, installed Claude Code and typed his first command while holding the device like a PlayStation controller. Thumbsticks on both sides. Code editor in the middle. The most ridiculous dev setup anyone has ever seen.

At second 0:09 you can read what he typed into the terminal: claude your code looks like absolute shit

Claude didn't argue. Just started rewriting the shader, adding bloom effects, fixing chromatic aberration and improving the particle system. On a gaming console held in two hands on a couch.

His friends play Fortnite on their Steam Decks. He builds software on his while lying in bed.

He set up Claude Code with custom skills, hooks that auto run tests every time a file is saved and memory that remembers every project across sessions. The stuff most developers pay $200 a month for and use at maybe 20% capacity. He runs it on a $280 handheld and squeezes out every feature.

Within three weeks he had built and sold four small apps to local businesses. A booking page for a barber shop, an inventory tracker for a vape store, a menu site for a taco truck and a scheduling tool for a dog groomer. All built on a Steam Deck in his bedroom. All coded by Claude while he gave instructions with his thumbs.

Made over $13,000 in his first month. His mom still thinks he plays games on it.

His teacher caught him using it during study hall. Looked at the screen expecting a game. Saw green code scrolling and Claude asking: Do you want to make this edit to main.js ?

Teacher had no idea what she was looking at. Told him to put it away. He closed the lid. Claude kept running inside.

A $280 gaming console that his mom bought thinking it was a toy is now a development workstation that earns more per month than her car payment.

Setup time: 20 minutes once. Time he saves every day: 3 to 5 hours. Money made in month one: $13,000. Games installed: zero.

His grandpa asked him to install FIFA last weekend. He said the console is busy. Grandpa asked doing what. He said working.

Grandpa didn't ask again.

[Crypto Talks @CryptoTalksPod]

https://t.co/VV6cgIv9ZC

[Crypto Talks @CryptoTalksPod]

Revenue = transactions × fee per tx.

Transactions are at ATH (~150M/day, up from ~100M at the jan '25 peak). so fee per tx collapsed ~97%, not usage.

What died was the priority fee auction, memecoin snipers and MEV bots bidding up blockspace.
Remove that flow and the congestion premium evaporates even as real usage grows.

Meanwhile stablecoin supply went $5B → $17.5B and DAA is climbing back toward 5M+.

The chain is monetizing less per unit of activity because the activity shifted from speculation to settlement.

That's a business model transition, not an expired narrative.

Bearish for anyone who priced SOL off peak REV.
Bullish for anyone actually building payment rails or other actually useful projects on it.

Apply Metcalfes Law to value the network because on an L1 SCP all active addresses will pay the tx fee, even if it's not for high priority.

Data from @artemis

[Star Wars ESP 🌍 @StarWarsEs]

El mejor regalo 🎁 de cumpleaños 🤩

[Crypto Talks @CryptoTalksPod]

IMAGE 1:
If #bitcoin breaks down to our target at 48k, #solana should be entering it's own bear bottom range as well.

This sits between our Bear Bottom Hunter signals (green arrows) between 78.5 and 44.7 USD which forms the bottom range seen in the image below.

Previous bear bottom signals gave us essentially perfect opportunities to buy the deep-end of the bear.

Liquidations on $SOL end around 47 USD and confluences with a sizeable buy order block. (blue area)

IMAGE 2:
But it all comes down to Bitcoin and where it bottoms.

Bitcoins Realized price is 54k and bear bottoms tend to come in just below that, while the CVDD on BTC sits on 47.4k right now and we have never bottomed below the CVDD line.

The MVRV-Z score also suggests further downtrend on $BTC which lines up perfectly with the bottom box.

Rainbow chart, CBBI, LTHRP and other onchain models all suggest we're pretty close to a bottom but not there just yet.

- Hence 48k BTC, 48 dollar SOL is in the cards.

[Crypto Talks @CryptoTalksPod]

You’ll hear people talk about ‘the end of the fiat system’.
And it’s nonsense.

‘Dropping the gold standard’ was simply the end of convertibility of gold to dollars at a fixed ratio.

The reasons for doing that were sound.
The US economy was doing better than the European economies that were pegged to the dollar, which in turn was pegged to gold.
This basically gave underperforming currencies that weren’t worth the pegged value an opportunity to get cheap gold.
So they started draining the US gold reserves and would have completely collapsed the US economy if it was allowed to continue.
The dollar is backed by the US economy, the US military, and the petrodollar.
The US basically said “use our currency or we’ll bomb the shit out of you”.
Which is what we’ve been seeing for the last 50 years. You don’t have to store wealth in dollars. In fact pretty much every rich person on the planet doesn’t store wealth in dollars over extended periods of time.

So the gold standard never ‘ended’, you always had the choice to use gold as a store of value and transactional medium. All that changed was the peg of that particular asset to the dollar.
Because the dollar has been worth progressively less over the years.

Anyone who earns money in dollars got screwed. Anyone who stored their money in dollars got screwed.

That doesn’t make the dollar worthless because percentage returns are absolute.
5% interest is 5% interest.
If you’re a financial institution you don’t care about the value of the underlying asset because it isn’t your money, it’s your customers money.
You just pay them less in interest than you’re making from the asset.

The Japan carry trade was built around the fact that interest on Yen was effectively zero, and so the only risk was the yen depreciating.
If the Yen drops 5% but you’re using that to invest in assets that give you 10%… then you’re making money.

Borrowing dollars is just a more expensive carry trade, if you can consistently make more than your interest costs then you make money.
As long as other people are willing to finance you for a relatively low interest rate then you can continue to run a budget deficit.
But when that belief collapses that you’ll get a return, then that demand for the debt disappears and interest rates rise, because you have to bribe people with higher and higher rates to get them to give you money.

It’s just risk adjusted mathematics.

The US can’t ’erase the debt’ because that requires telling the financial institutions that run your economy ‘fck you you’re not getting paid what we promised to pay you’.
If that was the case then everybody with dollar debt would sell that debt at any price immediately.
People wouldn’t buy it no matter what the interest rate. And so interest rates would go vertical and the dollar would lose all credibility overnight.
The only way you can avoid defaulting on that debt is to print your way out… and there’s a hyperinflationary spiral that can’t be escaped.

Tokenizing assets doesn’t change any of this.

It just increases the availability of individuals and institutions to buy them.
If those markets are priced in dollars and the markets are priced in dollars, then that increases dollar demand within the system at the expense of foreign currencies. It’s just using the US dollar position as top dog to maintain that position at the expense of other countries ability to borrow in their own currency and maintain the value of their own currency.
Which is just an extension of the existing system where emerging economies are forced to transact in dollars anyway.

#crypto #macroeconomics

[Crypto Talks @CryptoTalksPod]

https://t.co/QmdOqpnlMo

[Dave @Mcnery]

@CryptoTalksPod 😨 he’s forcing a move in the markets for tomorrow

[Crypto Talks @CryptoTalksPod]

🚨Google just dropped a significant warning: ⚠️

Quantum computing could crack Bitcoin's cryptography sooner than the timeline most people had in mind, with the resources required falling 20x faster than expected.

This isn't FUD to dismiss, it's a legitimate long-term protocol risk and the kind of thing @LynAldenContact has already been flagging in her work.

That said, the 2029 transition window Google is preparing for gives the #Bitcoin developer community real runway to implement post-quantum cryptographic upgrades, and this network has a track record of adapting under pressure.

The bigger question is whether the upgrade coordination happens fast enough across custodians, exchanges, and cold wallets.

Keep an eye on this one, because the technical threat is real even if the timeline is still measured in years, not months.

#Google whitepaper: https://t.co/w7u46Wc902

Source article:
https://t.co/MrduzWnYZw

Do you consider this a major threat, or are you confident that dev's will sort out this issue?

[J.K. Rowling @jk_rowling]

If you're the mother who was reading Harry Potter and the Philosopher's Stone aloud to your child on the LNER train from London to Edinburgh yesterday, one of my grown up children was listening and says you did the voices brilliantly❤️🥹

[90s Football @90sfootball]

Inzaghi, Buffon, Nesta, Abbiati and Toldo 🇮🇹

[Crypto Talks @CryptoTalksPod]

https://t.co/BLm3IwMmte

[Inter ⭐⭐ @Inter_en]

Born and raised Nerazzurri 🖤💙