Discussion about this post

User's avatar
Beyond The Coin's avatar

The March 19 Ethereum picture is interesting because it captures a period where on-chain activity is actually outpacing the price narrative. ETH staking yields, L2 TVL growth, and stablecoin issuance on Ethereum are all moving in the right direction while the price bleeds sideways. The market is pricing in the “dead” narrative while the fundamentals tell a different story. I dove into 4 specific metrics on this exact disconnect in a recent piece — the data makes the doom-and-gloom calls look premature.

No posts

Ready for more?