MemCast
MemCast / episode / insight
Relative value between L1s doesn't guarantee absolute performance
  • SOL may be cheap relative to ETH but both could decline further
  • Last cycle's Avalanche at $100B vs current Monad struggling at $2B shows paradigm shift
  • Better technology doesn't necessarily translate to higher valuation in current market
JasonEmpire00:14:35

Supporting quotes

“last cycle Avalanche got to like 100 billion, right? And look at something like Monadan today which can't hold two bill and its tech is objectively a lot better” — Jason
“it's just I don't see how you can hold ETH over Soul at these levels. But that doesn't mean that Soul goes up” — Jason

From this concept

L1 Valuation Crisis

Discussion on the collapsing valuations of layer 1 blockchains, examining whether this reflects a permanent shift in market structure or temporary bear market conditions.

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