What's Wrong with Crypto Data (And How To Fix It) | Roundup

Bullish:

• $SOL - Solana is outperforming Ethereum due to strong user demand and willingness to pay transaction fees. A proposal to reduce Solana's inflation rate is viewed positively, potentially benefiting the network's economics.

  • “Users are want they want to spend money to transact on the chain. If you think about why that is”

    Dan·41:28

  • “I think this is good right now. Like, I don't know. Take a step back and say why do we need inflation? Well, it's I think in the very, very basic form, it's to incentivize staking and to offset the, the operational costs of validators.”

    Dan·56:57
• $BASE - Base is dominating the Ethereum L2 landscape, capturing up to 79.99% of all fees in the L2 ecosystem, indicating strong adoption and potential for growth.

  • “Base does almost all of Ethereum l two activity. So I'm just gonna go ahead and add every l two that's listed on grow the pie onto this chart, and you'll see that from an REV basis and or just total transaction fees spent on this, in in the entire l two landscape. You know, yesterday, base was 76%, and it looks like it tops out at 79.99% of all of all fees displayed.”

    Dan·43:22

Bearish:

• $ETH - Ethereum's shift towards L2 scaling has deprioritized L1 execution, potentially reducing its value capture and moving activity away from the main chain.

  • “Ethereum made the decision that it was going to deprioritize l one execution in pursuit of the l two road map. And what that did was move activity to l twos.”

    Dan·41:51