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Bankless
18 hours ago
Sentiment is down, and critics have been quick to point out ETH's underperformance against SOL while largely attributing this to a perceived loss of mindshare and users to L2s.

This narrative has sparked a crucial debate: Are L2s Ethereum?

arjunnchand
brings the analysis...

========================================

🤔 Symbiotic or Separatist?
L2s have been a core component of Ethereum's rollup-centric roadmap from the very beginning. They were envisioned as extensions (technical and cultural) of Ethereum, designed to expand its capabilities and attract a broader user base.

At their core, L2s are deeply linked with Ethereum. They share its DNA — relying on ETH as the currency, benefitting from Ethereum's security blanket, and utilizing it for data storage and settlement. It's like a startup leveraging its parent company's infrastructure and brand recognition, a win-win for both.

The symbiotic relationship between L2s and Ethereum is undeniable. L2s thrive on Ethereum's infrastructure and security, while Ethereum benefits from the increased activity and increased demand for ETH, making it a better store of value.

By offering lower fees and faster transaction times, L2s have made it easier for developers to build different types of applications. Look at the explosion of memecoins on Base or the rise of SocialFi platforms like Farcaster creating new markets for users.

Beyond that, L2s are becoming major hubs for DeFi activity, and ETH, the asset, is at the heart of this ecosystem. Look at the numbers:
arbitrum
,
Optimism
,
@base
— these chains are dominated by ETH-related assets.

🧛‍♂️ Vampire attack?
However, one of the primary arguments against the rollup-centric approach to scaling Ethereum is the assumption that L2s may not continue to rely on Ethereum. Sure, L2s and Ethereum seem like a happy family now. But what if L2s build their own empires and ditch Ethereum altogether? No more relying on Ethereum for security, no more ETH as gas, not even needing Ethereum's block space.

This "L2s go rogue" fear is a legitimate concern. Technically, they could build independent ecosystems with their own validators as they would then be able to own the entire modular blockchain stack. So, is this the future – a messy breakup between L2s and Ethereum? Not necessarily.

We can all agree that there are perhaps a few too many L2s. Too many copycats. Too little differentiation. It's like a thousand startups chasing the same market, all promising the same thing. This isn't healthy.

What we need are L2s that matter. L2s that offer something unique, something that sets them apart. Security, app diversity, GTM strategy — these are the areas where we need to see real innovation.

But we must be wary of ‘echo chambers’. These zones of chains should not become isolated universes. A healthy L2 ecosystem is one where chains work together, not in isolation. We need bridges, not moats.

We need collaboration. We need communication. We need education. We need incentives. We need to build shared infrastructure and standards that foster seamless connectivity across L2s. Only then can we truly win together.

💭 Closing Thoughts
You can say that L2s aren’t Ethereum. You can argue L2s aren’t even extensions of Ethereum. But you cannot deny the fact that L2s enhance the utility of Ethereum and ETH.

The "L2s vs. Ethereum" debate is a false dichotomy. This isn't a zero-sum game. Ultimately, Ethereum and L2s are in this together. Let's build a future where Ethereum and L2s thrive as a symbiotic whole, and push the crypto ecosystem forward.
Oles Crypto
2 days ago
What is Hana Network?
Hana Network is a blockchain platform that integrates with EigenLayer and Babylon to enhance security and functionality. It allows users to stake assets on EigenLayer and Babylon while taking advantage of their advanced security protocols. Hana Network uses cryptographic techniques to ensure transaction security and preserve user privacy. It also supports multi-party group broadcasts and anonymous routing protocols. With these integrations, Hana Network aims to offer reliable and secure decentralized solutions for various applications, making blockchain technology more accessible and efficient.
Tristan Tate
3 days ago
Some deaths don’t make the headlines.

Afa Anoaʻi dies a few weeks ago, his brother Sika died a few months ago.

As an old school WWF fan I feel I should acknowledge this.

RIP to “The Wild Samoans”
Astro peng
6 days ago
Whales are accumulating #Bitcoin at record levels over the past 17 months. Let's recall the market situation we were in 17 months ago: just a few months after the start of the bull market.

It is clear that we are facing TREMENDOUS purchase prices for the next 12 months, both in #btc and #altcoins .

If you are not able to see it now, it is because you have not been around for long, you lack training, and you trust what the brother-in-law of the neighbor on the 3rd floor or your trusted baker tells you, the typical retailer that the whales manipulate as they want, and who believes that BTC will fall to $30K .

You'll regret it in a year, save this post. I was already right in 2022 when BTC was at $20K and I announced the start of the bull market, the rest was history, and I will be right again now.
SolenyaResearch
8 days ago
📊 Weekly Outlook Charts Sep 2-6:

$BTC $SOL $ETH $WIF

Markets just took a turn 📉
What happened and where are we going?

Bull over? 😞

Heres what you need to know: 👇

🚨Market Breadth is flashing warning signs, with MMMTH, MMMFI, and MMMTW indicators suggesting a potential rotation out of risk. When combined with other indicators such as market fear/greed being neutral, AAII sentiment being 2% off its 1 year bullish high, its likely we will see a rotation out of risk such as crypto - paving a short opportunity for risky assets in crypto (political tokens, meme tokens etc)

https://www.tradingview.co.../

📉 #DXY retest of trend line on broad market pullbacks/weakness. Bearish continuation expected until EOY. Short term upside, longer term downside. 96 on DXY still on the table.

https://www.tradingview.co.../

📈 #SPY breadth is peaking on the 200, 50, and 20 D (see market breadth above)

When the market is running low on breadth, there will be some rotation or correction. Selling expensive stocks for cheaper ones (most likely cyclical's) will cause some selling pressure on the bigger names like NVDA, AAPL etc. Expect sidways choppiness for the majority of the market.

Ichimoku still indicating bullish continuation. Q4 will be good. Target at 6000 remains.

https://www.tradingview.co.../

⛽️ #USOIL staring its trend toward $61 oil as expected. It would have to be an alarming geopolitical situation to turn the course of OIL back up

https://www.tradingview.co.../

⚠️ #btc bulls be very cautious here!

Bear case:
1. SPY breadth running out of steem
2. SPY seasonal weakness in September
3. BTC is below 20 W EMA, 50/200 D MA bearish cross
4. BTC Weekly close below the ichimoku cloud.

Still possible for a 70k retest at trendline, but Bear case outweighs the bull base

https://www.tradingview.co.../

📉 #eth still lagging behind. Alts in general will enjoy a beating as BTC chops/declines.

2k retest is on the horizon.

https://www.tradingview.co.../
Mello
9 days ago
Daily Memecoin Recap - September 2

The past week has been absolutely dead, but volume picked back up today

GameFi Coins
$explore -> ExploringOnSOL
, functioning game coming out, team is good, hope this starts a new meta

Ethereum Pump Fun
$vista -> hit $30m , ethervista

- Users are responsible for creating their own coin contracts, EtherVista only offers a "Launch" feature
- By supplying coins and ETH, users receive LP tokens for EtherVista's DEX, with the option to burn these tokens
- The DEX has a fixed-fee structure, distributing fees to LP providers, coin creators, and $VISTA developers
- This is more of a unique UniswapV2-style DEX rather than a typical pump-and-dump scheme

Fascist.eth Coins
$xd -> hit $9m , someone threatened that they would leak psyoptrick's past & nudes, instead she did it herself
$obama -> hit $552k , "Bitcoin Obama", pushed by
psyoptrick

Runners Of The Day
$yukie -> $150k to $630k , dog meme, launched in August heavily pushed today, ATH $1 .65m
$tommy -> hit $3 .2m, another cute dog, coordinated push
$gib -> hit $2 .5m, "A marketplace for work"
$ultra -> hit $800k , "UltramanGodzillaNebulaM78", good content
$look -> hit $800k , "Look bro...", viral meme on CT these past few days
$pin -> hit $730k , Post-It Note, memes on a post-it note

Wei Wu Trolls Ansem
$wisdom -> hit $580k , based on WuWei113
, who beefed with blknoiz06 recently

Dexscreener introduces new boosts & gold tickers
$abcde -> hit $850k , slow grind up since launch, based team

Fwog Is King
$fwog -> $45m to $91 .6m (2.03x from the low), one of the strongest memes despite the market downturn
$fwag -> hit $1 .3m, gay $fwog , " You missed $FWOG ? You must be a $FWAG "

Smoking Chicken Fish Betas
$dcc -> hit $2 .5m, "Drunk Chicken Centipede", $scf vibes
$btc -> hit $785k , "Big Titty Chicken"

Other Cooks
$bud -> hit $1m
$bullet -> hit $450k , functioning game
$gugu -> hit $396k , CTO
$frfr -> hit $340k , "Fref & frof"
$katana -> hit $309k , "First Blind Dog On Solana"
$fwc -> hit $258k , "Farting Whoopie Cushion"

Differentiate having a long-term outlook on your spot bags vs a short-term outlook when trading memes
Astro peng
10 days ago
🇧🇷 Cardano founder Charles Hoskinson plans to build decentralized social network in Brazil following X ban.

"While Brazil has silenced our brothers and sisters on X, their work will remain and matter to all of us."

“I look forward to recruiting many Brazilians to help us build a decentralized social network.”

https://x.com/iohk_charles...
TreyVon
11 days ago
BREAKING NEWS 👇

India🇮🇳 is considering the use of cryptocurrency for trade as part of the BRICS bloc’s broader strategy to move away from the US dollar.
Astro peng
12 days ago
💬 Vitalik Buterin denies accusations of massive $ETH sales for profit since 2018.

“All sales went to support various projects that I believe are valuable, whether within the Ethereum ecosystem or broader charity (e.g. biomedical R&D).”
Mello
13 days ago
Daily Memecoin Recap - August 29

Market's waiting for a catalyst - there currently isn't a meta

6ix9ine Launch
$trolli -> hit $20 .9m
- 6ix9ine has been engaging with crypto twitter for the last couple of days
- He's joined the retardio community and has opened a tg channel

Mbappe Hacked
$mbappe -> hit $320m
- KMbappe's twitter was hacked
- The exploiter made a bunch of tweets and eventually tweeted a CA
- Someone 1 clip bought $1 ,000,000 worth and is down 95%+

Snoofi Comes Back To Life
$snoofi -> $2 .9m to $17 .9m (6.2x from the low)
- Reddit dog
- Community keeps getting stronger
- Dexscreener added a "reddit" button

NFT Collection Coins
$chungo -> hit $230k
$clown -> hit $230k , "Amphiprion ocellaris", fish meme

Dog Memes
$chua -> hit $1 .2m, $wdog team CTO, cute dog, "jotchua"
$def -> hit $475k , "Default Dog", blank picture of a dog

Cat Memes
$keycat -> $1m to $3 .7m (3.7x), viral meme, ATH $7m
$hmu -> $75k to $1 .3m (17x), "hit me up", coin that launched in July, randomly got CTO'd today, ATH is $3 .3m
$poor -> hit $615k , "wife wants a divorce", cat meme

Matt Furie Coins
$vix -> hit $645k
$brotty -> hit $500k , hyped launch, $brett as a robot

More Cooks
$art -> hit $2 .4m
$pac -> hit $1 .45m, "Photorealistic Autism Creature"

What did you hit today? 🤔
Montech
15 days ago
BTC, the local setup is broken. As I wrote earlier in the posts, nevertheless, the main setup that Bitcoin is currently following is a medium-term setup inside the pattern of which Bitcoin is now located, see the graph (the blue lines above and below are the boundaries of the pattern), the words of the US Federal Reserve's Powell did not last long for the market that rates would be lowered. The market needs real action. The first of which will be in the next week of September.

the input to the exchanges exceeds the output -
13%, 2000 btc

Altcoins, everything is within the norm, as I wrote earlier in the posts above. This scenario was calculated. There is no endless correction, just as there is no endless growth. September will be important and it is more likely that the reversal will begin next month (it will begin, this does not mean that in one day or hour the coins will reach their historical peaks)

https://www.tradingview.co.../
Astro peng
16 days ago
🇦🇪 The United Arab Emirates is asking the French government to urgently provide Telegram CEO Pavel Durov with "all consular services".

Consular services are a series of services offered by diplomatic representations, intended to support and protect interests abroad.
This ranges from assistance in the event of detention, police custody or administrative detention, assistance in choosing a lawyer, provision of information on legal proceedings abroad, etc.

“Caring for citizens, preserving their interests and providing them with all necessary support are top priorities for the UAE.”

Durov, an entrepreneur of Russian origin, is an Emirati citizen

https://decrypt.co/246533/...
Montech
18 days ago
BTC, volumes over the weekend, especially today, fell to lows. Against the background of some events, the arrest of Pavel Durov, some coins, TON and NOT, showed some correction. I refrain from buying them in the near future. Fortunately, at least I didn't have them. But in any case, these drains on these coins can be used for speculative trading.
Bitcoin has been standing still for the last 24 hours. Read the post above. The situation is exactly the same.

withdrawal from exchanges exceeds input - correlation

Altcoins, minimally adjusted, on a 15-minute timeframe. The two main downward trends in the capitalization of altcoins were broken, but it did not work out, and the cap went back behind these trends. To collect liquidity and a new attempt at breakdown and consolidation.

https://www.tradingview.co.../
Montech
19 days ago
BTC, against the background of a fairly positive speech by Powell of the US Federal Reserve, that it was time to change the Fed's policy and start lowering rates, the data we will receive on inflation on September 11 will give confidence in further rate cuts at subsequent Fed meetings.
Bitcoin has broken through the local resistance level against this background, we are moving along the setup that was written on the 20th. Slowly but surely we are moving towards the 70,000-73,000 mark, after which a new round of growth will begin. But still, this requires a pin on a weekly tamframe.

the withdrawal from the exchanges exceeds the input - 35%, 11,000 btc
Significant volumes!

Altcoins have grown significantly from the lower level of the squiz on August 5th. Some have already risen 2 x higher. While the waiters were waiting below. We bought in the VIP channel, and he already sees the result in our deposit! There is still a part of the fiat free, but I will not use it yet, it will probably increase the deposit in the x125 group for trading speculative transactions. I will let you know about it closer to September 11.
Altcoins have also come close to important downward trends in the capitalization of altcoins. The breakdown and closing above will already give a more significant increase in altcoins, and those entry points that we had for coins, many will already start biting their elbows! Patience is a profit!

https://www.tradingview.co.../
Birddog
20 days ago
Sometimes you need to look into the mirror and ask yourself

"Am i a jeet"

Bird-bros are not 👊
Astro peng
21 days ago
💊 Noland Arbaugh, the first man to receive the Neuralink implant, shares his internet browser, one of the tabs of which is a PumpDotFun page

https://x.com/moddedquad/s...
Astro peng
23 days ago
❌ Malicious chrome extension "bull checker" targets Solana users.

Aggregator Jupiter says it has identified a new malicious browser extension that has already drained the wallets of several Solana users on Reddit by posing as an extension to display all holders of specific memes

https://x.com/jupiterexcha...
Montech
23 days ago
BTC, the 60,000 level is currently being broken, consolidation above this level will occur only on the daily candle. The current daily candle must be closed in green. The local setup inside the pattern that I showed in the video yesterday is working right now. The local support zone was held, the key resistance level based on this setup is 62,634, a breakdown and consolidation above will send Bitcoin to targets at 65,300-66 700-69 300-71 153,

the input to the exchanges exceeds the output -
19%, 1700 btc

Altcoins, we are approaching the first downward trend in altcoin capitalization, a breakdown and consolidation above the trend. it will give an impulse to altcoins. Let me remind you that the head of the US Federal Reserve will speak on Friday, which can expand the cryptocurrency market. Let me also remind you that we are at the beginning of a new cycle, and in the medium and long term, altcoins will show significant growth.

https://www.tradingview.co.../
Feyknooz
24 days ago
Introducing Feyk $NOOZ new Mascot $oscar !

shoutout to
@POPDOGsolcoin
for being the coolest dog on Solana! maybe 1 day we can scare off the cats away together!

and
MariaAndersenM
thinks he's super cute too!

TeTheGamer
did you see the part where he took a dump on
mrpunkdoteth
sorry about oscar bro!

CA:BTqniocxqqxqdF2Kf9JVvQqF92qcUmTiJrZk5nWhpump

Livestream on Pumpfun: https://pump.fun/BTqniocxq...

TG: https://t.me/oscardogsol

X:
OscarDogOnSol
Mello
27 days ago
Daily Memecoin Recap - August 15

Memes are following majors, which are following traditional markets

The best advice right now is to not force any trades, patience is a virtue

Runners Of The Day
$aco -> hit $2m , good team, shiba inu girl
$db -> hit $1 .5m, "DogeButt", picture of Kabosu's butt, $doge , 50% of supply sent to blknoiz06

Teams With Large Capital
$fluffi -> hit $10 .6m, dogeofficialceo
used grok to generate a picture, elonmusk reposted it
$analos -> hit $4m , decent content

Zoomer Meta
$sigma -> $3 .5m to $11m (3.14x), first higher high in a while
$demure -> $315k to $2m (6.5x)
$iktfb -> hit $560k , "I know that feeling bro", launched on dexscreener's moonshot

Giga Programmed
$giga -> $60m to $265m (4.4x from the low), new ATH day after day

Dog Memes
$cane -> hit $700k , all dev supply burnt, "dog" in Italian
$gracie -> hit $850k , 1 month old, "Neuralink Dog"
$gringo -> hit $250k

Cat Memes
$mystery -> hit $270k , "lovebeings cat"
$if -> hit $250k , "wat if", cat meme

Other Cooks
$t1500 -> $1 .5m to $4 .5m (3x), new ATH, "TOPG1500", The dev is walking 1500 miles from The UK To Romania to meet the Tate brothers
$feg -> hit $1m , pushed by KOLs
$kunt -> hit $880k , anime type girl
$paul -> hit $800k , CTO, pencil drawing
$poxed -> hit $800k , "Monkey pox"
$abcde -> hit $395k , the alphabet
$reygun -> hit $240k , based on the viral olympic Australian break dancer
$study -> hit $220k , popular word in crypto twitter

Can aeyakovenkosave us?
POPDOGsolcoin
29 days ago
POP POP POPDOG hand drawn art brought to life! 👨‍🎨💪

$POPDOG wakes up, shows up, and turns up daily! 🕰️ 🐶

#Solana #memecoin #POPDOG
Astro peng
29 days ago
🚨 $FLOKI becomes partner of the Premier League for the 2024/2025 season.

👉 Starting mid-August, #Valhalla and $Floki will launch an advertising campaign with LED panels visible during Premier League matches, offering maximum TV visibility. This format, used by the biggest brands, will ensure global exposure and credibility for the cryptocurrency #Floki .

👉 The Premier League, broadcast to 712 million homes in 190 countries, with a cumulative audience of 3.23 billion (2022/23 season), is an ideal setting for Valhalla. The campaign will include 100 minutes of exposure, primarily during major club matches.

RealFlokiInu 🚀

https://x.com/realflokiinu...
Astro peng
30 days ago
🚨 Highlight of the interview between Elon Musk and Trump:

👉 The interview began with Elon Musk discussing a massive DDoS attack that severely disrupted and delayed the live broadcast, originally scheduled for 8 p.m. Musk said the incident clearly revealed the strong opposition to President Donald Trump's speech:

🔹 "This massive attack shows that there is a lot of opposition to people simply hearing what President Donald Trump has to say."

🔹 Elon Musk then found it fascinating that Thomas Crooks chose the most obvious location for an assassination attempt, although no one anticipated it.

🔹 “If the goal is to assassinate, what would be your favorite place? This building. This building would be number one,” Elon Musk remarked. Donald Trump agreed: “That would have been the most appropriate place.”

👉 Elon Musk then expressed his admiration for Trump's reaction to an assassination attempt. He praised the president's determination not to be defeated by this dramatic event, but to continue to fight with a firm will and a spirit of defiance.

🔹 “Your actions following this assassination attempt have been truly inspiring,” said Elon Musk.

👉 The conversation then turned to politics, with Donald Trump voicing scathing criticism of Vice President Kamala Harris for what he called blatant hypocrisy.

🔹 Donald Trump accused Harris of plagiarizing one of his proposals, that of abolishing taxes on tips, while at the same time supporting increased IRS surveillance of citizens' tips. He denounced this inconsistency by declaring: "These people are FAKES", highlighting the contrast between past actions and current positions.

🔹 Donald Trump recalled that the previous administration had hired 88,000 new IRS agents to closely monitor tips received by waitresses and carts. According to him, this policy was mainly aimed at increasing surveillance and imposing additional burdens on workers in these sectors.

🔹 However, Donald Trump pointed out that Harris had recently adopted his proposal to eliminate tip taxes, which he said illustrated political opportunism. He accused Harris of changing her position in response to political pressure, saying that the move was designed to improve her image and gain political advantage, while remaining at odds with the policies she previously supported.

👉 Elon Musk then expressed grave concern about the future of the United States if current border policies continue.

🔹 "I'm not sure we'll have a country anymore if open borders continue for four years," he warned.

🔹 Donald Trump added that if Kamala Harris were elected, it could lead to the arrival of 50 to 60 million people from various countries around the world.

🔹 “Inflation comes from government overspending because checks never bounce when they are written by the government,” Musk explained. He suggested the creation of a “government efficiency commission” to review and reduce wasteful spending, noting that interest payments on the national debt have now exceeded the defense budget, a situation that demands immediate action.

👉 Finally, Elon Musk addressed the subject of censorship, expressing harsh criticism towards Thierry Breton, the European Commissioner, whom he accuses of having tried to censor his conversation with Donald Trump.

🔹 Elon Musk referred to Breton's warning, who had said: "With a larger audience comes greater responsibility." This statement was perceived by Musk as an attempt to limit freedom of expression, which prompted him to react strongly.

🔹 To express his displeasure, Elon Musk shared a provocative meme addressed to Breton, asking him to “take a big step back and literally fuck off.” This reaction underlined his firm opposition to any form of censorship, especially when it seems to target freedom of expression on public platforms.

👉 Elon Musk then highlighted the way Donald Trump had handled freedom of expression during his first term.
djdjdjdjx
30 days ago
salam aleykum brothers
Birddog
1 month ago
Brossssss 😎

Have you ever wondered the origins of $PEPE $BRETT $ANDY $WOLF or #BIRDDOG ? But never read the comics?

Well, here it is 🤟

This is our original story of who Birddog is

By SOLbirddog inspired by Matt_Furie original work from Boys Club book 4

Enjoy Part 1, more to come 👀
PengBull
1 month ago
Spent 8h in there, and he will be fine. Got antibiotic prescription to prevent all of the wounds from infection. Moreover its gonna cause the remaining spikes leave his body.
Also he hasnt broke his finger just sprained it.

Thank you Bulls for ur support ♥️

Reminder: Dont do stupid stuff after alcohol, or any other drugs 😂
PengBull
1 month ago
Gm, not a bullish day since my brother fall in love with cactus, already in hospital emergency department in Poland tho
PengBull
1 month ago
I have a flight at 4 am and my drunk brother at midnight failed his handstand on a rock and fell down into cactus 😭
Astro peng
1 month ago
🗣️ “The problem I have with MiCA is that instead of making the system safer, it actually creates an incredibly large systemic risk”

Tether CEO Paolo Ardoino expresses concerns about MiCA, which poses a systemic risk not only to stablecoins, but also to the broader banking system.

The MiCA regulation, which came into force on June 30, imposes strict limits on stablecoin operations in the EU.

In particular, it requires that at least 60% of the reserves backing stablecoins must be held in EU bank accounts.

He further pointed out that EU cash deposits are only insured for a maximum of $100 ,000, an amount insufficient for large stablecoin issuers like Tether

https://cointelegraph.com/...
The Real World
1 month ago
Andrew Tate’s message to the UK brothers rioting.

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