David Alexander II (megafund)

David Alexander II

πŸŒ‘ | Anagram | Binance Labs | ConsenSys Building + Investing

128 Followers

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Over the last 3 days, net inflows to $ETH ETFs have surpassed $578M, including record levels of daily volume. Total inflows have now flipped to positive for the first time. Institutional Wartime ETH

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One of the most underrated charts right now: Stablecoins continue to experience considerable growth and adoption despite significant headwinds in the broader market. Overall, the total crypto marketcap has declined by 16% ($440B) YTD. Nevertheless, total stablecoins in circulation grew by 8% ($14B), steadily increasing virtually every week since September 2023, and now stand at new record levels ($202B+).

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BASE in the building: -β€œA superchain, not a monolith.” -β€œIt’s not about picking the right L2, it’s about making sure that all of the available L2s can work together seamlessly.” -β€œBase is a bridge, not an island. We want our users to go everywhere.” https://i.imgur.com/mR5CxAU.jpg

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Traditional markets are up. But blockchain is dominating. Over the past year: S&P 500: +11% $QQQ: +11% $COIN: +36% $BTC: +67% $CRCL: +217% $HOOD: +242% And we're just getting started.

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