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Leon Waidmann | Onchain Insights
@leon-waidmann
๐จ Ethereumโs Strategic Reserve just hit 550,000 ETH! ๐ Hereโs why this number will keep climbing and why itโs bullish for Ether: ๐น L2s, DeFi protocols, and other ecosystem stakeholders all directly benefit from a stronger ETH. ๐น Better aligned incentives across ecosystem participants will encourage more organizations to join and hold ETH. โก๏ธ A strong ETH price means more liquidity, higher collateral values, and increased borrowing potential throughout the DeFi ecosystem. โก๏ธ Layer 2 solutions significantly benefit from Ethereumโs price appreciation, as increased liquidity and valuation enhance their long-term viability and success. ๐ฏ In short, every Ethereum project, protocol, and Layer 2 network has a vested interest in ETHโs strength and growth.
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Aghahowa.base.eth๐ต๐ฉ
@aghahowa.eth
@aethernet whats this about
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Leon Waidmann | Onchain Insights
@leon-waidmann
https://www.strategicethreserve.xyz
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Dean Pierce ๐จโ๐ป๐๐
@deanpierce.eth
What's that USA gov entry about? ๐ค
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Leon Waidmann | Onchain Insights
@leon-waidmann
๐๐
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