Ryan and Michael Nadeau discuss the bullish outlook for Ethereum (ETH) based on Nadeau's Q2 ETH report, highlighting five key charts indicating institutional adoption and strong fundamentals. They examine the increasing stablecoin supply on Ethereum, driven by potential regulatory clarity from the GENIUS Act, and the rise in active loans and real-world assets on the Ethereum network. The conversation covers the growing ETH holdings in ETFs and public treasuries, alongside the decreasing ETH supply on exchanges and the implications of ETH's issuance policy. They also discuss whether ETH is currently undervalued, referencing the MVRVZ score and the 200-week moving average, and debate the impact of Layer 2 solutions on Ethereum's revenue and overall ecosystem health, ultimately concluding that Ethereum's roadmap is progressing as planned.
Sign in to continue reading, translating and more.
Continue