Elon Musk is literally building the biggest factory on Earth.
Terafab by the numbers:
100 million sq ft of chip manufacturing space.
That’s:
10× Giga Texas
15× Pentagon
23× Boeing Everett Factory
35× Apple Park
The scale is insane.
Today marks 3 years of Base
A lot has happened:
- Almost $5B in TVL
- $46T in stablecoin volume
- 90% of all x402 transactions
All of this is thanks to the builders and believers
Still day one
It's hard to believe it's already been 11 years.
On July 30 2015 we launched Ethereum from a small scrappy office in Berlin's Kreuzberg.
So much has changed since then. Ethereum has undergone so many transformations yet one thing stays the same.
Ethereum is the world computer.
All these principles, rules, and checks and balances won't be worth much if you don't have capable people in positions of power who instinctually want to operate for the good of the community based on the agreed-upon principles. A company's leaders must have wisdom, competence, and the ability to have close, cooperative, and effective working relationships characterized by both thoughtful disagreement and commitment to following through with whatever the ideameritocratic process decides. #principleoftheday
Ethereum L1 hosts ~$25B in tokenized assets.
More than any other public network, before even counting its growing L2 ecosystem.
That concentration of live assets, combined with Ethereum’s proven resilience, liquidity, and institutional ecosystem, is why the world’s largest banks and asset managers keep choosing Ethereum.
Banks:
→ JPMorgan
→ Bank of China
→ BNP Paribas
→ Crédit Agricole
→ Santander
→ UBS
→ Société Générale
→ Morgan Stanley
→ Standard Chartered
→ BNY
→ ANZ
→ European Investment Bank
→ ABN AMRO
Asset managers:
→ BlackRock
→ Fidelity
→ Amundi
→ UBS Asset Management
→ Franklin Templeton
→ Wellington
→ Apollo
→ New York Life
→ Hamilton Lane
→ Janus Henderson
→ Baillie Gifford
→ VanEck
→ WisdomTree
Bonds. Funds. Stablecoins. Deposits.
Onchain. Public. Permissionless.
Ethereum.
// @opensea just changed everything
agents have their own section now
the NFT is no longer just art · it is an operator
this is the shift the space needed
thank you @CodinCowboy and @r_alx_z for making it real
the future of NFTs looks exactly like this....
Could AI enable a lasting growth breakout?
Our latest Midyear Global Outlook explores one of today's biggest investment questions: can AI expand productive capacity fast enough to offset the scarcity created by the search for resilience and its own buildout?
Read the Outlook 👇
monad memes with a 10-100x potential:
- $CHOG: deep lore, great culture, and massive community.
- $JAMES: ansem meta, founder coin (retard), and active bagworkers.
- $BOB: working on great stuff, cult community, and it’s orange.
- $EMO: bagworkers, dev’s busy, and always sad.
❤ Vitalik's epistemic humility, and his list: “formal verification, cryptography, secure and open hardware, pandemic resistance and other defensive biotech, food and basic resource security, public epistemics, non-power-concentrating versions of physical security”
A ten-thousand word monster post trying to cover the entire tech tree behind the main lineage of obfuscation (iO) protocols:
https://t.co/46nseINlwF
Special thanks to all who helped!
from all L1s, i believe monad:native will massively outperform this cycle.
- it’s a new L1 with a strong moat, narrative, and culture
- great leadership with significant backing
- an active and rapidly growing ecosystem and TVL
- CT is shifting from pure memes back toward technology
- the price action is already stronger than 99% of others
give it 20-24 months. it’s going to be phenomenal.
Bitcoin up, ETH up, HYPE up, NFTs up.
It’s been a good start to the week for NFTs after a healthy retrace over the past couple of weeks.
I’ve been seeing healthy criticism on the TL regarding Azuki and a couple of other NFT collections, which is a clear indication that people still care about NFTs.
Holders are speaking up, founders are sharing their opinions and I think that’s the best way to move forward.
Being vocal about NFTs on X is important, as it attracts more people from outside of CT to read about what’s going on, which might spark their interest in NFTs.
NFTs are inevitable.