A recent analysis by Jon Charbonneau, co-founder of DBA, reveals that Ethereum and Solana achieved unprecedented network revenues when their prices reached all-time highs. Notably, both networks exhibited similar annualized revenue multiples, around 26.5 times, during these peak periods.
Ethereum's Peak
In November 2021, Ethereum's price surged, driving monthly network revenue to approximately $1.83 billion. This translates to an annualized revenue of $219 billion. At that time, Ethereum's fully diluted valuation (FDV) stood at $578.71 billion, resulting in a valuation multiple of 26.42 times.
Solana's Peak
Solana reached its price peak in January 2025, with monthly network revenue of around $550 million, equivalent to an annualized revenue of $6.61 billion. Solana's FDV was $177 billion, yielding a valuation multiple of 26.77 times.
This analysis highlights the correlation between network revenue and price peaks for these prominent blockchain platforms. #Ethereum #solana $ETH $SOL
Pi Network's Road to Success: A Long-Term Outlook
Following Dr. Nicolas Kokkalis's motivational.
Pi Network's Road to Success: A Long-Term Outlook
Following Dr. Nicolas Kokkalis's motivational speech at Consensus 2025, which showcased Pi Network's AI-driven ambitions and decentralized vision, prominent crypto analyst Dr. Altcoin offers a cautious analysis. Despite the inspiring vision, Dr. Altcoin believes Pi Network's full potential realization may take several years due to various developmental hurdles. Key Challenges Ahead 1. Strategic Support: Dr. Altcoin emphasizes the need for a dedicated venture support team to guide and fund developers, ensuring their projects thrive.
2. Funding Process: The process of identifying viable projects for funding is time-consuming, potentially taking 6-12 months.
3. Fund Disbursement: Even after project selection, developers may face delays in receiving financial support, potentially slowing down the ecosystem's growth.
4. DApp Development: Building quality decentralized applications (DApps) with real-world utility and security is a lengthy process, likely taking 1-2 years.
5. Ecosystem Maturity: Considering these factors, Dr. Altcoin estimates that a fully developed Pi Network ecosystem might be 2.5-5 years away.
Short-Term Market Expectations
In the short term, Dr. Altcoin predicts a possible price surge for the PI token, potentially reaching $2-$3, driven by speculative interest and major exchange listings. However, he cautions that such gains would be temporary and not reflective of the network's actual maturity.
Market Volatility
The PI token has shown significant price fluctuations recently, with:
- 14.3% increase in the past 30 days
- 18.6% increase in the past 14 days
- 18.4% decrease in the last 24 hours
- 2.7% decrease in the last hour
Conclusion
While Pi Network's vision is ambitious, the path to success is complex and time-consuming. Investors and community members should temper their expectations and prepare for a long-term journey towards the network's full potential.
Stay informed, and make decisions based on thorough research and realistic projections.
Pi is the feature The countdown is on! Only a few days left until the highly anticipated Blockchain Conference in Canada! 🌐✨ We're excited to announce that Nicolas Kokkalis, Pi Network's visionary, has confirmed his participation. Don’t miss this opportunity to witness groundbreaking insights directly from the Pi Core Team! 🌟 Join the conversation and stay ahead in the world of blockchain. #PiNetwork #BlockchainConference #CryptoInnovation #Canada2025 #PiCoreTeam #nkokkalis #PiCoin $BTC $ETH $XRP
#TexasBTCReserveBill #Trump’sExecutiveOrder To earn $10 million through BNBEND, a strategic approach involving the analysis of its financial products, market trends, and investment strategies is essential. While there may not be specific information on BNBEND, the principles can be translated from similar DeFi projects like Mutuum Finance (MUTM). Understanding the Platform: Analyze the financial utilities and mechanisms provided by BNBEND. If it offers decentralized lending and borrowing similar to Mutuum Finance, evaluate how it integrates with the blockchain ecosystem. Investment Strategy: Participate in presale events if available, as these offer tokens at a discounted rate before they hit the broader market. Monitor the price escalation patterns post-launch, similar to the 2,700% surge observed in Mutuum Finance, to time your entry and exit effectively. Tokenomics and Market Demand: #WhiteHouseCryptoSummit Investigate the tokenomics of BNBEND to understand the supply and demand dynamics. A well-structured tokenomics plan can lead to substantial gains if market demand increases. Assess the potential for exchange listings as these can significantly affect token demand and price appreciation. Risk Management: Diversify your investments across various DeFi tokens and projects to mitigate risk. Stay updated with market trends and regulatory changes that could impact the DeFi space. #BBWDocuSeries Long-term Vision: Focus on platforms with practical applications and growing user bases, as these are more likely to offer sustainable returns over time. Evaluate the potential for overcollateralized stablecoins and other financial utilities that provide liquidity without selling underlying assets. In summary, earning $10 million through BNBEND or similar DeFi projects involves a comprehensive investment approach focusing on understanding platform utilities, participating in strategic presales, evaluating market demand, and maintaining a diversified portfolio. By leveraging these strategies, investors can potentially achieve significant returns over time. Key Strategy Description Platform Analysis Evaluate financial utilities and mechanics. Investment Participation Engage in presales and monitor post-launch prices. Tokenomics & Demand Understand supply-demand and market influence factors. Risk Management Diversify investments and stay updated on trends. Long-term Vision Focus on platforms with practical, sustainable applications.
Donald Trump's administration is planning to create a strategic cryptocurrency reserve, which has left many wondering how it will function and benefit taxpayers. According to Sacks, the federal government will implement a strategy to maximize the value of its holdings in the reserve, although details are scarce.
The reserve will serve as a store of value, with the U.S. committing not to sell any deposited bitcoin. This move has drawn comparisons to a digital Fort Knox for the cryptocurrency, often referred to as "digital gold".
However, Trump's support for the crypto industry has raised concerns among conservatives and crypto backers. They worry that his moves may be seen as giveaways to an already affluent community, potentially delegitimizing the digital currency industry. This concern is heightened by the fact that the crypto industry spent millions backing Trump and other Republicans in the November elections.$BTC $ETH $XRP
Pi Network is a cryptocurrency project that aims to make mining accessible through a mobile app, utilizing a user-friendly approach. Here's a structured overview: Key Features: 1. Mobile Mining: - Uses the Stellar Consensus Protocol (SCP) instead of energy-intensive Proof of Work (PoW), allowing users to "mine" via a mobile app by checking in daily. This process is less about computational work and more about network participation and security.
2. Referral System: - Growth is driven by inviting others, creating a user base quickly. However, this raises questions about sustainability and potential pyramid scheme dynamics.
3. Development Stage: - As of 2023, Pi is in an Enclosed Mainnet phase, where coins are not yet tradable on major exchanges. The team emphasizes building utilities and ecosystem before transitioning to an "Open Mainnet. Considerations: Decentralization & Security: - While SCP promotes energy efficiency, the level of decentralization is unclear. The core team's control over nodes and supply could impact true decentralization.
Value & Utility: - Pi coins currently hold no market value as they aren't publicly traded. Future value depends on successful mainnet launch, exchange listings, and real-world adoption.
KYC Requirements: - Mandatory identity verification aims to prevent fraud but introduces privacy concerns and barriers to entry.
Team & Progress: - Founded by Stanford graduates, adding credibility. However, slow progress and delayed mainnet milestones have led to skepticism.
Risks & Criticisms: Uncertain Future: - Risks include never achieving exchange listings, regulatory hurdles, or insufficient adoption, rendering mined coins worthless.
Hype vs. Reality: - Mixed reviews; some tout its potential, while others criticize it as speculative or a potential scam.
Environmental Impact: Eco-Friendly Claim: - Avoids high energy use typical of PoW blockchains, though this is inherent to its consensus mechanism rather than an innovation. #pi #PiNetwok
Pi Network is a cryptocurrency project that aims to make mining accessible through a mobile app, utilizing a user-friendly approach. Here's a structured overview: Key Features: 1. Mobile Mining: - Uses the Stellar Consensus Protocol (SCP) instead of energy-intensive Proof of Work (PoW), allowing users to "mine" via a mobile app by checking in daily. This process is less about computational work and more about network participation and security.
2. Referral System: - Growth is driven by inviting others, creating a user base quickly. However, this raises questions about sustainability and potential pyramid scheme dynamics.
3. Development Stage: - As of 2023, Pi is in an Enclosed Mainnet phase, where coins are not yet tradable on major exchanges. The team emphasizes building utilities and ecosystem before transitioning to an "Open Mainnet. Considerations: Decentralization & Security: - While SCP promotes energy efficiency, the level of decentralization is unclear. The core team's control over nodes and supply could impact true decentralization.
Value & Utility: - Pi coins currently hold no market value as they aren't publicly traded. Future value depends on successful mainnet launch, exchange listings, and real-world adoption.
KYC Requirements: - Mandatory identity verification aims to prevent fraud but introduces privacy concerns and barriers to entry.
Team & Progress: - Founded by Stanford graduates, adding credibility. However, slow progress and delayed mainnet milestones have led to skepticism.
Risks & Criticisms: Uncertain Future: - Risks include never achieving exchange listings, regulatory hurdles, or insufficient adoption, rendering mined coins worthless.
Hype vs. Reality: - Mixed reviews; some tout its potential, while others criticize it as speculative or a potential scam.
Environmental Impact: Eco-Friendly Claim: - Avoids high energy use typical of PoW blockchains, though this is inherent to its consensus mechanism rather than an innovation. #pi #PiNetwok
Yes really amazing and mega project as BTC. We pioneer very happy if Pi network coin list on Binance
Binance Square Official
·
--
We want to hear from you! We have been listening to the vibrant discussions within our community about Pi Network. To ensure your voices are heard, participate in our Community Vote on the topic:
"Should PI be launched on Binance?"
Cast your vote — either "Yes" or "No" — and share your thoughts in the comments under this post. You can only vote once and won’t be able to change your vote after submitting. Happy voting!
Vote Period: 2025-02-17 14:45 (UTC) to 2025-02-27 23:59 (UTC)
🚀 Bitcoin has rocketed past 109k, smashing ATHs! Where's it going next? Drop your prediction for this week's $BTC closing price in the comments of this post 👇 🎁The top 3 closest predictions will win 300 USDC, 150 USDC, and 50 USDC. Jump in and share your prediction now! *Campaign Period: 2025-01-20 07:30 to 2025-01-26 20:00 (UTC) ‼️Ensure you have updated your app to at least version 2.92. Also, make sure the "Also Repost" box is checked when replying to be eligible for entry. Terms and Conditions: This campaign may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the campaign period eriod. Ensure the "Also Repost" box is checked when replying, or your comment won't count as a valid entry.To ensure fairness, entries closed at 2025-01-26 20:00 UTC. The campaign's outcome will be based on the BTCUSDT price at 2025-01-26 23:59:59 UTC.If users made multiple comments, only the first comment will be considered as an eligible entry. Deleted comments are not eligible for rewards.In case of same predictions by multiple users, the earliest comment will be prioritized.Winners will be announced in the comments section of this post within 14 working days after the campaign ends and notified via a push notification under Creator Center > Square Assistant. Rewards will be distributed in the form of token vouchers to eligible users within 14 working days after the Activity ends. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub. Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelinesor Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this post and the original English version, the English version of this post shall prevail.Additional promotion terms and conditions can be accessed here.
🚀 Bitcoin has rocketed past 109k, smashing ATHs! Where's it going next? Drop your prediction for this week's $BTC closing price in the comments of this post 👇 🎁The top 3 closest predictions will win 300 USDC, 150 USDC, and 50 USDC. Jump in and share your prediction now! *Campaign Period: 2025-01-20 07:30 to 2025-01-26 20:00 (UTC) ‼️Ensure you have updated your app to at least version 2.92. Also, make sure the "Also Repost" box is checked when replying to be eligible for entry. Terms and Conditions: This campaign may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the campaign period eriod. Ensure the "Also Repost" box is checked when replying, or your comment won't count as a valid entry.To ensure fairness, entries closed at 2025-01-26 20:00 UTC. The campaign's outcome will be based on the BTCUSDT price at 2025-01-26 23:59:59 UTC.If users made multiple comments, only the first comment will be considered as an eligible entry. Deleted comments are not eligible for rewards.In case of same predictions by multiple users, the earliest comment will be prioritized.Winners will be announced in the comments section of this post within 14 working days after the campaign ends and notified via a push notification under Creator Center > Square Assistant. Rewards will be distributed in the form of token vouchers to eligible users within 14 working days after the Activity ends. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub. Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelinesor Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this post and the original English version, the English version of this post shall prevail.Additional promotion terms and conditions can be accessed here.
Trump team was up ~$500M USDC as a liquidity provider on his meme token, and currently sits up $377M. Meaning if he pulled liquidity right now he'd be up $377M. He only provided his Trump token into initial liquidity and 0 USDC.
Connectez-vous pour découvrir d’autres contenus
Découvrez les dernières actus sur les cryptos
⚡️ Prenez part aux dernières discussions sur les cryptos