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Boop.Fun leading the way with a new launchpad on Solana.
$ENA is the cheapest it has ever been relative to its fundamentals.
There is a DAT company now buying significant amounts $ENA on the open market which offsets VC sell pressure.
USDtb is the first stablecoin which has a clear path to full compliance with the Genius Act.
And we are just at the beginning of this mega stablecoin trend, which which is very likely at an inflection point now with the legislative changes in the US.
I think it is ok to be quite bullish here.
@vidoteth Spoke about it fairly regularly when it was in that zone.
But yes, a lot more people talking about it now.
18.4.2025
I still believe Ethena is one of the most ambitious projects in crypto.
I have zero interest in another gen purpose L2, but Converge is specifically focused on institutional capital and RWAs, which is a very different target market. They also allow for the growth of permissionless DeFi too. The blue chip Ethereum DeFi apps are all onboard.
If they continue to execute and can have a chain that hosts substantial retail DeFi activity alongside institutional capital, which further accelerates the already growing USDe ecosystem, well, that is probably going to be a very big winner.
Easier said than done, but we desperately need these big ambitious projects in crypto right now.
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