Crypto
First-tier research targets
* BTC
* ETH
* SOL
* UNI
* AAVE
* HYPE
* LINK
* ONDO
* CAKE
* RUNE
High-risk, high-volatility research targets
* W
* PENDLE
* TAO
* AI Agents-related leading companies
* Projects related to ZK / interoperability / chain-abstraction
Among these, I will especially re-examine AAVE, HYPE, LINK, ONDO, and SOL, because in the past we actually didn’t study them with the same “revenue → value capture → market cap → potential re-rating multiple” framework the way we did for UNI/CAKE.
US stocks
I also won’t only look at COIN / CRCL.
I will put them back into the candidate pool:
AI computing
* NVDA
* AMD
* AVGO
* TSM
* MU
AI infrastructure
* ANET
* VRT
* LRCX
* ASML
* CLS
In the near-term, the market has already started expanding AI opportunities from just GPUs to infrastructure such as networks, optical modules, power, and data centers. For example, the “bandwidth wall” discussed recently is pointing in this direction.
AI software
* PLTR
* MSFT
* META
* GOOGL
Crypto/financial infrastructure
* COIN
* HOOD
* CRCL
Also, the weight I previously gave HOOD was clearly too low—it should be researched separately on its own. Recently, Robinhood continues to expand products such as AI tools, which indicates it is no longer just a zero-commission brokerage story.
First-tier research targets
* BTC
* ETH
* SOL
* UNI
* AAVE
* HYPE
* LINK
* ONDO
* CAKE
* RUNE
High-risk, high-volatility research targets
* W
* PENDLE
* TAO
* AI Agents-related leading companies
* Projects related to ZK / interoperability / chain-abstraction
Among these, I will especially re-examine AAVE, HYPE, LINK, ONDO, and SOL, because in the past we actually didn’t study them with the same “revenue → value capture → market cap → potential re-rating multiple” framework the way we did for UNI/CAKE.
US stocks
I also won’t only look at COIN / CRCL.
I will put them back into the candidate pool:
AI computing
* NVDA
* AMD
* AVGO
* TSM
* MU
AI infrastructure
* ANET
* VRT
* LRCX
* ASML
* CLS
In the near-term, the market has already started expanding AI opportunities from just GPUs to infrastructure such as networks, optical modules, power, and data centers. For example, the “bandwidth wall” discussed recently is pointing in this direction.
AI software
* PLTR
* MSFT
* META
* GOOGL
Crypto/financial infrastructure
* COIN
* HOOD
* CRCL
Also, the weight I previously gave HOOD was clearly too low—it should be researched separately on its own. Recently, Robinhood continues to expand products such as AI tools, which indicates it is no longer just a zero-commission brokerage story.