Filter by Categories
Watch Series
The Great Game
Daily Post
Steno Signals
Free Content
Emerging Markets
Video
Crypto Moves #48 – Uniswap’s Unichain Is Net Positive, End of Story

Crypto Moves #48 – Uniswap’s Unichain Is Net Positive, End of Story

Over the past week, my X feed has been flooded with doomsday predictions claiming that Uniswap launching its own Ethereum rollup will be the final blow to Ethereum. This is absolutely not the case. In the short term, it will have no impact on the activity of Uniswap’s mainnet application. In the longer term, it will actually support Ethereum’s rollup-centric roadmap by being an interoperable liquidity hub. As rollups are about to start paying for blobs, Ethereum’s transactional revenue is still sustained even as activity moves from mainnet to rollups.

Crypto Moves #48 – Uniswap’s Unichain Is Net Positive, End of Story

Crypto Moves #27 – Rollups Leave Ethereum in the Dust

Ethereum’s rollups are poised to realize its potential as a decentralized global computer; however, these same rollups are undermining Ethereum’s current strongest narrative as an appealing yield-generating asset. The promises of rollups will only counterbalance this undermining of Ethereum’s narrative as a productive asset in a few years.

To read the full article, sign up for a 14-day FREE trial of the Crypto or Professional plan.

Crypto Moves #48 – Uniswap’s Unichain Is Net Positive, End of Story

Crypto Moves #25 – Ethereum Restaking: Potential is Not Risk-Free

Restaking of Ether, with initiatives like EigenLayer, has the potential to significantly enhance Ethereum, benefiting holders, stakers, developers, and the broader ecosystem. However, these benefits are not without their drawbacks. Engaging in restaking carries substantial risks for the individual holders involved and also poses systemic risks to the Ethereum network as a whole.

To read the full article, sign up for a 14-day FREE trial of the Crypto or Professional plan.

Crypto Moves #48 – Uniswap’s Unichain Is Net Positive, End of Story

Crypto Moves #21 – Avalanche Is Slowly But Surely Dying

Avalanche, despite its standing as the 10th largest cryptocurrency and a significant player among Layer 1 blockchains with smart contract capabilities, faces a grim outlook. With a nearly $40 billion fully diluted market capitalization, its onchain activity is declining, lagging behind competitors like Solana and Ethereum’s rollups. There is simply not much to celebrate for AVAX holders.

To read the full article, sign up for a 14-day FREE trial of the Crypto or Professional plan.

Crypto Moves #48 – Uniswap’s Unichain Is Net Positive, End of Story

Crypto Moves #20 – Ethereum Will Never Be the Same

A week has passed since Proto-Danksharding was implemented on the Ethereum blockchain. This upgrade has transformed Ethereum and its rollup ecosystem, setting the stage for expansion into brand new territories. Our advice? It is not wise to go against this trend by placing bets on so-called “Ethereum killers.”

To read the full article, sign up for a 14-day FREE trial of the Crypto or Professional plan.

Crypto Moves #48 – Uniswap’s Unichain Is Net Positive, End of Story

Crypto Moves #16 – Why We Are Long Ethereum Layer 2s

We are incredibly optimistic about the Ethereum Layer 2 space. We are backing this conviction up with a selection of rollup tokens in our portfolio. It appears the wider market has not yet caught on to the fact that rollups could soon render almost all other Layer 1 cryptocurrencies redundant, largely thanks to leveraging Ethereum’s unmatched network effect. These tokens also stand out as some of the rare cryptocurrencies that could genuinely become yield-generating in the not-so-distant future.

To read the full article, sign up for a 14-day FREE trial of the Crypto or Professional plan.


WELCOME TO STENO RESEARCH

Sign up to receive free weekly
newsletters and macro nuggets

We don’t spam! Read our privacy policy for more info.