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@yjdotdev
Roaring into the Year of Dragon, Ethereum has been a laggard against Bitcoin and several other big caps. Here are some of the catalysts to look forward to: 1) Ethereum ETF final deadline in May 2) Eigenlayer restaking narrative 3) Make EVM chains cheaper to use compared to other non EVM chains
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@yjdotdev
Ethereum will allow institutions and the masses to get direct $ETH exposure. Sure, there may be selling from Greyscale potentially. However, this would probably be short lived as asset managers can now allocate a portion of their portfolio to $ETH.
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@yjdotdev
The liquid restaking narrative will demand more Ethereum to be locked up as more people want to get a higher APY on their ETH. This will bring down the available supply on the markets. What happens when there is less supply and more demand on the market? 🚀
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With fees becoming cheap by a series of improvement like using Celestia as a data availability layer or using Eigen DA, EVM Layer 2 chains will continue to be dominant with $ETH being used as money on these chains. Look at Arbitrum, ZkSync, Manta Network.
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