ΞxcelBaller

🔊☀️

[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.

[ΞxcelBaller @ExcelBaller]

@JustnThePhotog

[Nobs (hot emin arc) @nobsfud]

this is my math specialist

[Frogwell 🐸 @Memofrogwell]

gBusiness

Remember, keep calm and it’s just business.

[ΞxcelBaller @ExcelBaller]

🎩🤖👓⚜️ = 🔺☀️

[Nobs (hot emin arc) @nobsfud]

literally this team

[ΞxcelBaller @ExcelBaller]

@saylor @thebitcoinraja The sellorrrrrrrrrr

> ahhh I’m just selling, just gonna dabble a bit
> ok crashed the market, going back to work

[ΞxcelBaller @ExcelBaller]

@Coinbro @HotEminSummer Hot Emin Algo 🔥

[crypto wizard (real) @Crypto__Wizzard]

$HOTEMIN is the only thing that can save AVAX

[ΞxcelBaller @ExcelBaller]

@Garfoldd This is not hot emin

[Francis (Hot Emin Arc)🔺 @0xwebmick]

And once again we're trending again

This is making it the 6th so far

Love the work and energy @nobsfud and @ExcelBaller are putting into hotemin

GN guys, what a way to end my day

[Nobs (hot emin arc) @nobsfud]

I have no doubt

this is gonna be a banger summer

- hot emin summer
- fdn economics research
- the PA bottom

[ΞxcelBaller @ExcelBaller]

@Ch0k07 Banger. Followed 💯

[ΞxcelBaller @ExcelBaller]

Traditional KPIs have no power where we’re going

$HOTEMIN Summer is Community Business 🥵🔺

[Nobs (hot emin arc) @nobsfud]

hope you sold in may for the hot emin summer

[ΞxcelBaller @ExcelBaller]

@rykenny Gbusiness

[ΞxcelBaller @ExcelBaller]

Hot is Business and Business is Bullish 🔺

[Frogwell 🐸 @Memofrogwell]

gBusiness

No personal feelings. It's just business.

[ΞxcelBaller @ExcelBaller]

@w3b3grey ✍️

[ΞxcelBaller @ExcelBaller]

@0xCryptoGear @HotEminSummer Gbusiness

[ΞxcelBaller @ExcelBaller]

@321jrod gbusiness

[ΞxcelBaller @ExcelBaller]

@Kraven___ gbusiness

[ΞxcelBaller @ExcelBaller]

We like when the $AVAX community tags us in their posts

All for one, and one for all for $HOTEMIN Summer 🔺

[Le Poti Chat (hot,buiness) @LePotiChatt]

This is Nobs dragging Smitty and Excel in "getting tag on every AI slop hell"
(Smitty doesn't work on $HotEmin)

[ΞxcelBaller @ExcelBaller]

@JaiberJG @sw4g_ct No we’re not - we’re waiting on the foundation and Avalabs to change the tokenomics model (which they are supposedly working on) to match the ETNA upgrades which reduced the cost of a validator from 2000 $AVAX to 1.33 $AVAX per month. Are we cooked chat?