Takeaways From DAS 2025 | Weekly Roundup

Bullish:

• $STABLES - Significant growth expected in the stablecoin market cap, driven by regulatory progress, institutional demand, and government support.

  • “I think everyone's gonna get blown away by what the stable coin market cap goes up to.”

    Mike·52:53
• $CEFI - Increased competition expected in the crypto exchange space, particularly from Asian exchanges entering the US market.

  • “I think it's gonna be ruthless here in the exchange space. I mean, if you're looking at the top 10 exchanges on CoinGecko, they're all they're all they're Asian exchanges. Right? So they're coming into The US.”

    Jason·40:01
• $RWA - Growing trend of Real World Assets (RWAs) being issued on-chain, with a significant portion in private credit.

  • “There's about $20,000,000,000 worth of RWAs that are issued on chain, like, 18 some as of, looking at rwa.xyz. A large part of that is private credit.”

    Mike·26:12
• $EQUITIES - US crypto exchanges are expanding into equity trading, potentially transforming the traditional stock market landscape.

  • “All US exchanges are racing to offer equities. And we saw this, acquisition with that Kraken made of NinjaTrader, and I I don't actually know why they made it, but one one of my guesses would be because this is part of this big race for US exchanges, like the Coinbase of of the world, to offer equities.”

    Jason·38:58
• $DEPIN - Emerging opportunities in tokenized energy derivatives, particularly in decentralized power purchase agreements for solar energy.

  • “There's a protocol, I guess, called well, I don't wanna blow up this box. They're not quite public yet. But, basically, there's a there's something called the, PPA, a power purchase agreement in The US where you can kind of go around and, put a bunch of solar panels on people's, roofs and where the energy is stored in a battery in their garage.”

    Mike·33:54
• $INFRA - Potential consolidation in the crypto infrastructure sector, likely through acquihires, despite current overvaluation.

  • “I think on everything from the infra side, which infra has been probably overvalued and over invested in, and you're gonna see some consolidation on that side of things, that mostly look like acquihires, I think.”

    Mike·48:37

Bearish:

• $DAPP - Early-stage tokenization of businesses before achieving product-market fit can be risky and potentially detrimental.

  • “I think one thing that's gonna happen is building a building a business that has a token really early stage before you have any product market fit is a real double edged sword.”

    Mike·43:19