Ethereum Makes the Complex Beautiful 🌊
V3 of my (incomplete) ETH Supply Map
⬇️ See Below: ⬇️
🌊 Things Worth Looking at
🌊 Funding
🌊 Sources
🌊 Feedback
🌊 Live Version
🌊 Shout Outs
Follow for more stats and visuals 🏄♂️
Look at the scoreboard - Ethereum is winning!
▸ Over 10 years of 100% uptime
▸ Scaling with the help of L2s
▸ Fees are cheap (seriously cheap on L2's)
▸ Growing app revenue - L1 is the powerhouse
▸ Dominating stablecoins, even more so with L2s
The scoreboard:
https://t.co/b46iAwgBng
Everyone is dunking on ETH. The Bankless guys split. David Hoffman sold his ETH. CT says it's the easiest short ever.
@joechalom (2nd largest corporate ETH holder) says look at the scoreboard. The noise is missing the big picture.
→ 50%+ of global stablecoin value settled on Ethereum.
→ 70% of tokenized assets incoming.
→ Default for high-value DeFi.
→ No competing chain close on any dimension.
The narrative says ETH is losing. The scoreboard says it's winning by a large margin.
When people capitulate is when smart money is made. That's where we are.
@TrustlessState@jesseproudman@JonShapeShift@AskVenice Ask him what they know about ETH that you don't
https://t.co/nHlSJC1OjJ
Just kidding, even though I disagree, you should follow what you're interested in - better than faking it.
Look forward to the episode.
🚨 JUST IN: Bitcoin OG Erik Voorhees has turned his USDT war chest back to Ethereum, buying 8,576 $ETH in 5 days.
The guy building Venice AI $VVV on ETH L2 is doubling down on the chain his stack runs on.
Deep dive into what's hot on @Celo 🧵
What we'll cover:
▸ Top DeFi apps
▸ Top AI agents by review count & ratings
▸ Most active Stablecoins
▸ Bonus app: Tradcast - real-time trading simulator
🧵👇
Two years on mainnet quietly slipped by yesterday and @growthepie_eth posted the lifetime receipts: 915M transactions, 2.4M addresses and $12.7M in rent paid back to Ethereum since block one. The rent number is the part only a based rollup gets to write.
@growthepie_eth@growthepie_eth is simply the best.
Cleanest and most understandable interface, super fast updates, and genuinely great team behind it.
One of the few analytics tools that actually makes data enjoyable to look at.
Keep cooking 🔥
Slowly, then suddenly - @base commerce has settled $7.6 million this month so far!
Breakdown since launch:
▸ $15.4 million settled with strong month-over-month growth
▸ 17k unique customer wallets with an average volume of $903
▸ Daily returning customers are growing, reaching a new ATH of 312 yesterday.
https://t.co/bjcmqJO0pk
I started writing about Ethereum about a year ago.
It happened to line up perfectly with the whole InfoFi wave, so ofcourse CT immediately assumed I had some incentive.
They weren’t totally wrong.
There was an incentive, just not the one everyone was looking for.
I’ve been putting 15-20% of my salary into making educational videos about @ethereum since december and it is not for the views or the money but because I really believe there are people out there who want to understand how this stuff actually works but can’t find content that speaks to them clearly.
I know hot takes and opinion posts do way better.
The algorithm loves drama, not explanations but the person trying to figure out how Ethereum upgrades actually ship or what MEV really means or why something like slot time reduction even matters.
That person deserves solid content too.
That’s the gap I’m trying to fill and it is not because it performs well but because it matters.
The latest @thedailygwei Refuel is ready for your consumption! ⛽
Today's topics:
- Personal updates ❤️
- Core protocol news 🤓
- ETH stake shuffle 🥩
- and much more ➕
Watch 👇
https://t.co/k0Ze1DYXu7
There's been a big shake-up in Ethereum land in the past months.
Big bummer to see Ryan take a backseat - Bankless did an amazing job educate millions (myself included) while being very entertaining. Their optimism also influenced the name "growthepie".
While the news are sad, I also believe Ethereum and ETH will come out stronger out of all this:
- ETH is a fully digital productive asset
- Ethereum is freedom tech
- Layer 2s are smart business models
Others will step into the roles of Ryan and all the great EFers that left - with new enthusiasm and new ideas.
Ethereum is built for this.