@macbudkowski

CT often says: "We are still early". But how early are we? According to growthepie, Ethereum has 45M monthly active addresses (Mainnet + L2s). Even if every address was a separate user, it's 45M people out of 8B. That's less than 1% market penetration. It's both bullish and bearish. Bullish because there's many users to onboard. Bearish because it's been 10 yrs and we haven't onboarded that many of them. Also, consumer crypto founders: selling to innovators and early adopters is different than selling to a mature userbase :)

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