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$MPL - Undervalued Onchain RWA
The growth of DeFi projects is closely tied to their product offerings.
A recent example is Pendle's PT/YT, which boosted price/TVL through its connection with the Restaking narrative.
This growth has been driven by the team's ongoing execution of the strategy, "Find product-market fit during the bear, and scale during the bull."
I anticipate Maple will follow a similar playbook.
After the launch of Ethereum ETFs and the resolution of the $ETHE overhang, tokenization led by BlackRock and Goldman Sachs is likely to re-emerge as a major narrative.
With a market cap of just $150M, I expect Maple to become a dark horse in the near future.
✖️See details @Layergg
#Research #MPL #Maple
The growth of DeFi projects is closely tied to their product offerings.
A recent example is Pendle's PT/YT, which boosted price/TVL through its connection with the Restaking narrative.
This growth has been driven by the team's ongoing execution of the strategy, "Find product-market fit during the bear, and scale during the bull."
I anticipate Maple will follow a similar playbook.
After the launch of Ethereum ETFs and the resolution of the $ETHE overhang, tokenization led by BlackRock and Goldman Sachs is likely to re-emerge as a major narrative.
With a market cap of just $150M, I expect Maple to become a dark horse in the near future.
✖️See details @Layergg
#Research #MPL #Maple