Aylo
@alpha_pls
Research @alphapleaseHQ | TG channel updates https://t.me/alphapleaseupdates | Advisor @KaminoFinance
I've been having quite a few conversations with a friend that has life changing money in crypto currently. He's been in this position before, but lost/rode it all down last cycle. Here are some thoughts from those conversations: I don't know how long this bull market lasts.…
$ENA is the cheapest it has ever been relative to its fundamentals. There is a DAT company now buying significant amounts $ENA on the open market which offsets VC sell pressure. USDtb is the first stablecoin which has a clear path to full compliance with the Genius Act. And…
Revenue and passive flows. You need both for a token to thrive long term. $HYPE has both. $ENA will have both.
Bitcoin absorbed $9B of selling from an ancient whale and we barely dipped. We really are running out of sellers. We have an insatiable bid from institutions buying out all of the early Bitcoin OGs. Higher.
"Reflexive $ENA bid coming soon, as the next phase of USDe supply expansion occurs." Sometimes when you say things they just happen. ATH for USDe supply. ATH for ENA loading.
Reflexive $ENA bid coming soon, as the next phase of USDe supply expansion occurs. Converge chain to launch and many protocols are building on top of Ethena. Fundamentals up and to the right. Price will follow.
Share the same view that we have largely exhausted the pool of retail capital available for alt coins. There is an enormous amount of capital out there interested in being exposed to the stablecoin sector - the DAT company provides that easy access.
Seems as though the DAT phenomenon is quite divisive, wanted to share some thoughts on why we thought this was a worthwhile pursuit:
This week’s newsletter is all about @ethena_labs and the rising ecosystem around it: • 10%+ APY on stables • ENA Szn 4 airdrop coming • New apps: Ethereal, Strata, Terminal So much opportunity right now 👇 alphaplease.com/p/3-alpha-apps…
Solana will keep accelerating. On a long time horizon the price will follow the fundamentals, as it becomes a great platform for entrepreneurs to launch their businesses. Tech + distribution. Almost nothing in crypto has both. Solana does. $200 again.
solana: - doubling blockspace - becoming 100x faster — 100ms finality - adding app-specific sequencing - eliminating sandwich attacks w encrypted mempool - reducing validator costs - doing all of this on the L1 without needing L2s road to 1M TPS is clear
As @thedefivillain has highlighted in his recent thread, a lot of the 'treasury company' vehicles are short term grayscale trust esque plays - VCs provide their tokens (eth, btc, whatever) which are counted towards the companies 'raise'. They received stock, which is tradeable…
~8% of circulating $ENA supply about to be bought over the next 6 weeks. The Ethena Foundation has veto power over any future ENA sales. Public market exposure, a massive capital injection, and a structured long-term buyer, all at once. Very bullish for $ENA.
StablecoinX Inc. @stablecoin_x has announced a $360 million capital raise to purchase $ENA and will seek to list its Class A common shares on the Nasdaq Global Market under the ticker symbol "USDE", which includes a $60 million contribution of ENA from the Ethena Foundation…
This chart has caused so much mental illness. If you caught anywhere near the bottom then you deserve immense respect. Playing major rotations is a huge way to compound, but it's very difficult. I have seen endless incorrect ETH/BTC bottom calls over the last two years.…
$SOL looking very good after that weekly close. Big resistance level flipped. Higher.
USDe supply back at ATH, and up 700M in the last few days. $ENA on the move and looking to break a key resistance level. Reflexivity starting to kick in.
Reflexive $ENA bid coming soon, as the next phase of USDe supply expansion occurs. Converge chain to launch and many protocols are building on top of Ethena. Fundamentals up and to the right. Price will follow.