In this episode of Bell Curve, Michael Anderson and Vance discuss Ethereum's recent resurgence, attributing it to institutionalization, stablecoins, and improved narratives, while also noting the efficiency of perpetual markets and the rise of options trading. They touch on the upcoming FTX creditor distributions and its potential impact on crypto markets, particularly ETH and BTC. The conversation shifts to the contrasting use cases of Ethereum and Solana, with Ethereum dominating DeFi and RWAs, and Solana leading in consumer applications and meme coins. They also explore the challenges in venture capital, the potential impact of endowment taxes, and the regulatory landscape, including the stablecoin bill and the possibility of deregulation, while also briefly covering Coinbase's S&P 500 inclusion, a data breach, and the political dynamics affecting crypto regulation.
