₿ crypt◎fizΞx

wartime hEDS body maintainer | crypto and nft enthusiast | avid podcast listener | the future is multi-chain...

[Dan Smith @smyyguy]

REV = fees+tips paid to transact, measuring transaction demand and value capture on user activity

Here's the weekly update:
(REV, REV market share, w/w change)

Solana: $77.0m, 59%, +22%
Ethereum: $29.1m, 22%, -28%
Base: $3.5m, 3%, -4%
All other Ethereum L2s: $1.1m, 1%, +23%

[₿ crypt◎fizΞx @cryptofizx]

@nickfloats Link to source?

[Dither AI @Dither_Solana]

DITHcember begins on the 1st

It's a month long event which begins with accessibility and ends with our Full forecasting model release.

Dither tools will be in API, web app and the most powerful transformer timeseries model in the world.

[buffalu @buffalu__]

jito is the number one fee generating product in crypto for the last 24 hours

5 of the top 10 fee generating products in crypto are on @solana

there is never a better time to build on solana

when you say accelerate, we say how fast

[Solana Legend 🎒💧 @SolanaLegend]

Solana is trading at 23x TEV if you annualize the past week (which was extraordinarily high in terms of TEV)

$111m * 52 weeks = $5.8b

Solana FDV = $138b

138b / 5.8b = 23x

For context, Tesla trades at 90x earnings

[Unipcs (aka 'Bonk Guy') 🎒 @theunipcs]

if you're wondering why the whole timeline seems to be crazy about $BONK right now

you just need to look at the numbers

everyone asked Coinbase for more memecoins and they listened

however:

BONK has been consistently trading more volume than every other memecoin on Coinbase except $DOGE

it's regularly doing more volume than the following tokens:

- $SHIB
- $PEPE
- $WIF
- it's also trading more volume than $SOL, the native token of the chain it is live on!

since Coinbase is the number 1 platform for tracking retail crypto activity in the world

this data is showing that bonk is currently the favorite memecoin of the American retail

the last time we saw this kind of strength was with DOGE about a week ago, and it added $35 billion in market cap in one week shortly after

BONK is showing similar strength, except it's just a measly $3 billion market cap token

when you add the 'bonk guy' lore of turning $16k to $18 million+ at BONK's previous ATH which looks like it will be aggressively surpassed soon, God willing

and everyone who thought bonk guy was a pipe dreamer now realizing that BONK guy was right and on to something when he posted his thesis a year ago

all of CT and mainstream media attention will be focused on how impressive BONK is and the fortitude of the BONK community in sticking to their guns and believing in something

and you're going to have everyone talking about BONK and wanting to be a part of its story

which will fuel a wave of retail frenzy that will only help BONK grow faster and bigger

i've made a lot of bold predictions in the past, many of which have been coming true recently

this is another one that i think many are not ready for yet but will be forced to deal with very soon

even if you're a maxi of another token, i think the wise move here is to add some exposure to BONK no matter how little

the BONK revolution will be televised

GOD WILLING

[Solana @solana]

The phone has solana btw.

[₿ crypt◎fizΞx @cryptofizx]

@tokens_terminal Hey @tokens_terminal please explain to @joemccann what this has to do with depression or dog coins to a trillion

[Terminal of Tokens @tokens_terminal]

bonk is looking interesting lately high volume detected on multiple fronts

[toly 🇺🇸 @toly]

.@drakefjustin 4 year timeline is psyops. Don’t slow down @solana. IBRL asap.

[toly 🇺🇸 @toly]

Ethereum is going to be fine. There is a ton of low hanging fruit to improve L1 performance. If and when it becomes absolutely obvious that it’s necessary it’s one release away.

It’s solana that needs to execute at a breakneck speed without major fuckups.

[Good Game @goodgamepodxyz]

A Brief History of @Solana with @rajgokal

Reminder: The @alliancedao application deadline is Nov. 20

Timestamps:
1:13 Meeting @toly
7:11 Building the Solana Team
10:26 Raj's Superpower
13:42 Persistence & Long-Term Vision
20:19 Early Days of Solana
20:46 Recruiting for Solana
31:21 Lessons on Team Construction
38:54 Founder Archetypes
41:31 Maintaining Motivation
44:03 Work-Life Balance

Links ↓

[WR☻NGUSER ✗ @wronguser000]

Every single $SOL enjoyer should be waiting for this chart to break higher

This pair not going down while $BTC be printing ATH on ATH is a serious sign of strength

Am I suprised? No, just laying down what's gonna happen soon

Get ready for a Solana USD and BTC ATH lads

[Lightspeed @Lightspeedpodhq]

Full episode out now! @mert @toly

We discuss:
- What's next for Solana?
- How does Solana compete?
- Composability at scale
- SOL inflation
- Competing with Apple + Google
- Fee's, front running & much more!

Timestamps:
00:00 Introduction
01:51 Solana's Transaction Front Running
06:37 Solana Fee Markets
10:18 Composability At Scale
12:50 Competing With L2s
19:43 Ledger Ad
20:20 Synchronous Composability
21:59 Validators
27:06 Solana Inflation
29:16 How Does Solana Compete?
32:31 Execution Is A Moat
35:36 Firedancer
40:47 Solana Mobile
45:25 Competing With Apple & Google
47:04 L1 Business Models
49:49 Bandwidth

Links below! ↓

[toly 🇺🇸 @toly]

I like @bankless and ethereum. I even like the ethereum design and vision. If you told me to go build an alternative to bitcoin, ethereum settlement layer focused design is what I would steer the engineering towards.

If that’s the vision, ethereum can just embrace all the execution environments. All the alt L1s will eventually have a data validating bridge with better than honest majority guarantees for user exits. It’s inevitable, just need more blobs. Any execution layer’s success is inevitable to eventually help ethereum thrive as a settlement layer.

There should be no engineering blockers to build that right now for solana, and I would encourage any changes to solana to make it easier.

What if the vision is wrong or not worth as much as execution? Thats a separate question that I have no answer for.

Personally I want to steer solana towards synchronizing information around the world to as many subscribers as possible as fast as physics allow. I am hell bent on seeing this become reality one way or another. The short term ups and downs don’t really matter to me.

[Dither AI @Dither_Solana]

🧵 A Dither AI mega thread

[Dan Smith @smyyguy]

Solana just printed a new ATH in monthly economic value (fees + MEV) at $91.3M or $1.1B annualized

The economic value is driven 53% by priority fees on non-vote transactions and 41% by Jito tips

[Jupiter @JupiterExchange]

Buckle up.

Over the next two months, the Jupiverse will have 3 critical votes, 2 token launches, and 1 delightful reward for Catdets everywhere.

Here’s the high-level view of where we’re going, together:

July kicks off with the inaugural Active Staking Rewards (ASR) claim for everyone who voted on proposals from March to June.

Then, the cloudmen of @sanctumso will be launching the $CLOUD token on the LFG Launchpad.

Before the end of July, we’ll have the first pivotal J4J vote on reducing long-term emissions and the $JUP token supply by 30%.

August will start with a vote on the continuation of Jupuaries, where users of Jupiter products receive a $JUP airdrop.

After that, @deBridgeFinance will launch their $DBR token on the LFG Launchpad.

Finally, there will be a vote on the last element of the new J4J plan on renewing ASR beyond the first 2 quarters.

If that feels like a lot to keep track of: don’t worry, we got you.

Expect detailed content around key JUP ideas such as 50/50, Jupuary, ASR, Community Eats First (CEF), and Giant Unified Market (GUM) to be released from @JupiterExchange and @weremeow over this period.

J4J.

[₿ crypt◎fizΞx @cryptofizx]

@nigeleccles He did a solid pod about it a few months ago

https://t.co/HiiGmO1VgH