LayerZero (ZRO) is experiencing a surge in activity, with daily messages hitting 98,000.

This represents a 433% increase from a previous low of 18,400 messages, highlighting renewed interest after weeks of slower activity with daily messages around 20,000.

Since the beginning of the year, Mantle is one of the few L2s with increased mindshare.

Here’s my report, highlighting Mantle’s progress from Q1 to Q3.

Short-Term Holders' reactions to market shifts can be gauged by comparing the cost basis of active new investors to all new investors, normalized by the spot price. This shows when new investors overreact to unrealized profits or losses.

Recently, investors from the past 155 days show more confidence than in previous bearish trends, with lower realized losses relative to their cost basis, indicating greater market resilience.

Here’s my two cents: If someone could predict short-term market trends with at least a 60% success rate, they would be the richest person in the world.

Short-term TA and fancy drawings on the charts are not much different from astrology.

Nobody knows for sure.
We just have a variety of indicators with mixed signals.

Bullish posts tend to perform better than bearish ones because people want to chase a dream—I know this from personal experience.

What we do know is that inflation will always lower the value of fiat currency. As the market share of stocks and crypto assets grows, their valuations change accordingly.

Watch catalysts, macro, and risks.
Watch products.
Watching just charts is counter-productive.

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AI tokens have taken the leading position in FDV over the past 30 days.

Source: Artemis

Since the start of the year, the L1 dominance lanscape has evolved a lot.

Here’s my in-depth research on the key structural changes in the L1 field since the beginning of the year.

PS: Don’t forget to subscribe to my newsletter, if not yet ❤️

Before Vitalik publicly announced that he’s not joining new funding rounds, he invested not only in MegaETH but also in Rise.

Here’s everything you need to know about Rise, the first gigagas L2.

Grayscale Research has released a list of the top 20 assets they believe have high potential in Q4 2024.

You can read the full report on the assets by link.

Volumes on various DEXs peaked in March this year and are now fluctuating between $20-$25B per week.

This figure remains up 100% year-over-year.

Currently, Ethereum’s primary use case is DEXs, with Uniswap consistently leading, accounting for over 90% of transaction fees.

Source: CoinShares