On the market

1. This is targeted for people building. I'm not a trader and have no point of view on prices beyond crypto has yet to be uncorrelated with risk assets. Bitcoin may showing some signs but unclear.

2. The fundamental building blocks continue to improve. 7702 is shipping soon and will unlock a bunch of wallet innovation, e.g. subsidized gas fees. There are also several new EVM chains like MegaETH and Monad that will be coming to market. Block space will continue to get cheaper. Analogy here is excess broadband build out post dot-com bubble leading to YouTube, web2, etc.

3. Regulatory progress is happening. Last week the SEC publicly said stablecoins are not securities, the STABLE Act is working its way through Congress. After that gets passed, market structure (the more important bill imo) is next. If both bills are passed by the end of the year, this will inevitably lead to more high-quality teams building new products / protocols that are able to use a token to bootstrap.

have skimmed through quickly on the topics in #2 but would appreciate an eli5 on 7702 + changes to wallet ux, MegaETH & monad differentiating factors, etc.

happy to tip generously if someone can write up an (extended) cast worth of takeaways to keep in mind for these changes

7702 will do things like eliminate the need to approve trnx before you swap. Bankless had a good pod on Megaeth vs monad

Open Source and DeAI deep dives at terminallyonchain.xyz

7702 will do things like eliminate the need to approve trnx before you swap. Bankless had a good pod on Megaeth vs monad 

https://youtu.be/1qZbLyHPErg?si=lUIQFSjuFeGPDn4-