In this episode of the Milk Road show, Santi Santos breaks down why much of crypto may be fundamentally mispriced, why Layer 1 valuations are under serious pressure heading into 2026, and why the next wave of upside likely won’t come from where most investors are still looking.

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🎙 GUEST INFO 🎙⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

Santi R. Santos: https://x.com/santiagoroel

Inversion Capital: https://x.com/inversion_cap

📃 Disclaimer 📃

The information presented in this video is for educational and informational purposes only. It should not be considered as financial, legal. The views and opinions expressed by the speakers, are their own and do not constitute professional advice. Investing in cryptocurrencies carries significant risks, including the potential for substantial losses.

Why Most Layer 1s Won’t Justify Their Valuations in 2026 (And Where the Real Upside Is) w/ Santi

The Milk Road Show

Why Most Layer 1s Won’t Justify Their Valuations in 2026 (And Where the Real Upside Is) w/ Santi