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🚨 Bankless founder liquidates ETH!
But he says:
"I still have a lot of faith in Ethereum."
🧵 David Hoffman’s latest post explains the reason for selling ETH:
He’s not bearish on the Ethereum network,
but actually believes that:
✅ The ETH ecosystem is still strong
✅ The Rollup path is a success
✅ The application layer will thrive more and more
But the issue is👇
⚠️ "The ETH asset itself"
Is becoming increasingly difficult for the market to reprice.
He raises two key points:
1️⃣ The "Fat App" era
Apps will take most of the value and fees.
2️⃣ Centralized Rollup path
L2 can achieve up to 97% profit margins.
In other words:
The ecosystem is getting more prosperous,
But the value may not necessarily flow back to ETH.
💬 Hoffman candidly states:
Selling ETH,
Is not due to being bearish,
But because the narrative of "ETH as currency" has basically run its course.
🔥 This statement is quite painful:
In the past, the market believed:
"As long as the ETH ecosystem develops, ETH will definitely go up."
But now more and more people are starting to think:
📉 Ecosystem value ≠ ETH value?
👀 The next phase of Crypto,
May not be about "chain wins",
But rather "app wins".
#ETH #Ethereum #Crypto #Layer2 #Web3 #Bankless #Rollup #Solana年内下跌51.9% $ETH
But he says:
"I still have a lot of faith in Ethereum."
🧵 David Hoffman’s latest post explains the reason for selling ETH:
He’s not bearish on the Ethereum network,
but actually believes that:
✅ The ETH ecosystem is still strong
✅ The Rollup path is a success
✅ The application layer will thrive more and more
But the issue is👇
⚠️ "The ETH asset itself"
Is becoming increasingly difficult for the market to reprice.
He raises two key points:
1️⃣ The "Fat App" era
Apps will take most of the value and fees.
2️⃣ Centralized Rollup path
L2 can achieve up to 97% profit margins.
In other words:
The ecosystem is getting more prosperous,
But the value may not necessarily flow back to ETH.
💬 Hoffman candidly states:
Selling ETH,
Is not due to being bearish,
But because the narrative of "ETH as currency" has basically run its course.
🔥 This statement is quite painful:
In the past, the market believed:
"As long as the ETH ecosystem develops, ETH will definitely go up."
But now more and more people are starting to think:
📉 Ecosystem value ≠ ETH value?
👀 The next phase of Crypto,
May not be about "chain wins",
But rather "app wins".
#ETH #Ethereum #Crypto #Layer2 #Web3 #Bankless #Rollup #Solana年内下跌51.9% $ETH
Hey everyone, #幣安 is currently running a new coin mining project, #ALT , are you in on it?
Many seasoned users probably are, right? After all, Binance has hosted 6 events in the last two months, #新幣挖礦 , and many staking whales are already raking in profits!
But if you’re new to the crypto scene and haven’t joined Binance yet, don’t sweat it! I’ve got a special promotion for new users that you can take part in. If you sign up through my exclusive link and complete any trade, then fill out a form, you’ll have a chance to snag 600 ALT coins! It’s a total of 600,000 coins up for grabs – first come, first served!
1️⃣ Make sure to click here to sign up: https://www.binance.com/join?ref=DOUBLEGRAY
2️⃣ Complete a trade: such as spot, leverage, futures... etc.
3️⃣ Fill out the registration form: http://binanceactivity.mikecrm.com/fojRVGe (ended)
#launchpool #rollup $ALT
Many seasoned users probably are, right? After all, Binance has hosted 6 events in the last two months, #新幣挖礦 , and many staking whales are already raking in profits!
But if you’re new to the crypto scene and haven’t joined Binance yet, don’t sweat it! I’ve got a special promotion for new users that you can take part in. If you sign up through my exclusive link and complete any trade, then fill out a form, you’ll have a chance to snag 600 ALT coins! It’s a total of 600,000 coins up for grabs – first come, first served!
1️⃣ Make sure to click here to sign up: https://www.binance.com/join?ref=DOUBLEGRAY
2️⃣ Complete a trade: such as spot, leverage, futures... etc.
3️⃣ Fill out the registration form: http://binanceactivity.mikecrm.com/fojRVGe (ended)
#launchpool #rollup $ALT
DoubleGray 灰灰
·
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#幣安 Phase 45 #新幣挖礦 AltLayer ( ALT ) is set to mine! Let’s check out the mining rules: ( Time: UTC+8 )
Mining Start: 2024/01/19 08:00
Mining End: 2024/01/25 07:59
Pair Launch: 2024/01/25 18:00
BNB Mining Pool: 400,000,000 ALT ( 80% )
FDUSD Mining Pool: 100,000,000 ALT ( 20% )
Gateway: https://www.binance.com/launchpool/ALT_BNB
This mining lasts for 6 days, similar to the last phase #Launchpool with two mining pools open. Of which, #FDUSD can only be staked in the Launchpool, while #BNB can be placed in the Launchpool, yield pool, and fixed-term products ( PS: staking is already available )
On the risk side of coin prices, I’ll mention again that FDUSD is currently at a slight premium, and BNB is at a relatively high point, so if you’re buying spot now, be cautious of potential price retracement.
AltLayer is a platform for launching native and re-staking Rollups, supporting both Optimistic and ZK Rollup stacks. ALT is the native utility token of AltLayer, used for economic connections, governance, protocol incentives, and protocol fees.
Open an account on Binance here: https://www.binance.com/join?ref=DOUBLEGRAY
#NotInvestmentAdvice #DYOR $BNB $FDUSD $ALT
Mining Start: 2024/01/19 08:00
Mining End: 2024/01/25 07:59
Pair Launch: 2024/01/25 18:00
BNB Mining Pool: 400,000,000 ALT ( 80% )
FDUSD Mining Pool: 100,000,000 ALT ( 20% )
Gateway: https://www.binance.com/launchpool/ALT_BNB
This mining lasts for 6 days, similar to the last phase #Launchpool with two mining pools open. Of which, #FDUSD can only be staked in the Launchpool, while #BNB can be placed in the Launchpool, yield pool, and fixed-term products ( PS: staking is already available )
On the risk side of coin prices, I’ll mention again that FDUSD is currently at a slight premium, and BNB is at a relatively high point, so if you’re buying spot now, be cautious of potential price retracement.
AltLayer is a platform for launching native and re-staking Rollups, supporting both Optimistic and ZK Rollup stacks. ALT is the native utility token of AltLayer, used for economic connections, governance, protocol incentives, and protocol fees.
Open an account on Binance here: https://www.binance.com/join?ref=DOUBLEGRAY
#NotInvestmentAdvice #DYOR $BNB $FDUSD $ALT
$ERA 🤝 BitcoinOS
We’re partnering with BitcoinOS to bring $BTC -native security to high-performance rollups.
By combining Caldera’s Rollup Engine with BOS’s proof system, teams can now launch their own chains anchored to Bitcoin settlement.
Together, BOS and Caldera offer a powerful combo:
→ Rapid rollup deployment through Caldera’s proven tooling
→ Flexible execution environments
→ Bitcoin-native security primitives via BOS
→ A clear upgrade path toward decentralized sequencing, ZK proofs, and external state anchoring
And this is what the next generation of rollups looks like!
#bitcoin #Rollup
We’re partnering with BitcoinOS to bring $BTC -native security to high-performance rollups.
By combining Caldera’s Rollup Engine with BOS’s proof system, teams can now launch their own chains anchored to Bitcoin settlement.
Together, BOS and Caldera offer a powerful combo:
→ Rapid rollup deployment through Caldera’s proven tooling
→ Flexible execution environments
→ Bitcoin-native security primitives via BOS
→ A clear upgrade path toward decentralized sequencing, ZK proofs, and external state anchoring
And this is what the next generation of rollups looks like!
#bitcoin #Rollup
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