Spencer Noon 🕛
@spencernoon
🔍 Founder @OurNetwork__ 👼 Crypto Angel Investor
The latest DePIN headlines: 📈 DePINs are generating revenues, continuing to expand, and due to a large sector-wide correction, are currently more attractive than ever. 📈 @Grass stakers earned over $13.7M from ~$211M total staked, with ~11% of airdrop claimers choosing to…
As flagship DePIN projects continue to grow, token valuations have been crushed over the last 3 months in the public markets. Are these DePIN token prices going to look like attractive entry points a few years from now?
While DePIN tokens were crushed over the last 6 months on the public market, the networks continued to show strong growth. We did a full sector overview on DePIN in our latest issue (s/o @BigDesiBaby) ➡️ ournetwork.xyz/p/on-353-depin… Data via @DePINPulse
Despite a ~73% drop in TVL since March 2024, volume was active – especially for $STRK and$ ETH…
Starknet’s TVL peaked at $1.53B in March 2024 but since then has been bleeding, falling to levels of $410M. Read more about @Starknet from @arabianhorses0: ournetwork.xyz/p/on-357-layer… Data via @Dune
L2 headlines from @ournetwork__’s latest issue: 📈 Pre-airdrop accounts are returning to @Starknet. 📈 @0xPolygon is in the lead as the top payments chain with the most $USDC wallets, the lowest fees & 52% micropayment share. 📈 Since the launch of @build_on_bob’s mainnet, the…
The second installment of @ournetwork__’s L2 issue is out… give it a read! Coverage on @Starknet, @0xPolygon, @build_on_bob & @katana. Read more ⏬⏬ ournetwork.xyz/p/on-357-layer…
JUST IN: Layer 2s Pt. 2 🚅 | OurNetwork #357 🌀 @Starknet | @arabianhorses0 🟣 @0xPolygon | @p_petertherock 👷 @build_on_bob | @TheTruePhilippB ⚔️ @katana | @LeLaughingMan Read more ⏬⏬ ournetwork.xyz/p/on-357-layer…
L2 headlines from @ournetwork__: 📈 L2 infrastructure is starting to mature across multiple metrics & corporations are starting to build. 📈 @arbitrum is everywhere on RWAs & stablecoin usage. 📈 @AbstractChain hit >53M account abstraction transactions via its global wallet,…
L2 data availability costs are historically low at $0.04 per MB for both @eigen_da and @Celestia, but @Ethereum blobs are practically free, with the new target blobs per block increasing by 100%. @growthepie_eth did a full sector overview on L2s in @ournetwork__’s latest issue,…
Let’s talk L2s… @ournetwork__ just launched a new issue. We did a full sector update plus coverage on @arbitrum, @AbstractChain & @inkonchain Link to read 🔽 ournetwork.xyz/p/on-356-layer…
JUST IN: Layer 2s 🚅 | OurNetwork #356 🌐 Sector Update | @growthepie_eth 🔵 @arbitrum | @on_datawarlock 🟢 @AbstractChain | @surfquery 🟣 @inkonchain | @0xsandeshk Link to read 🔽 ournetwork.xyz/p/on-356-layer…
Applications on @Solana are constantly earning over 2.5x the REV of the Solana blockchain. June closed at $116M in revenue for applications & $47M in REV for the network. Read more… ournetwork.xyz/p/on-354-layer…
L1 headlines from @ournetwork__: 📈 @Solana is healthy & thriving with ecosystem & revenue trending up on a customer, revenue, developer & performance basis. 📈 As the preferred network for $USDT, @trondao continues evolving to meet growing institutional demand. 📈…
Ethereum is a dominant hub for stablecoins & has created a feedback loop for $ETH demand and utility. 55% of total stablecoin supply ($140B) resides on @ethereum mainnet & another $10.5B is natively issued on Ethereum L2s. Read more in @ournetwork__’s latest issue on L1s:…
Check out the second installment of @ournetwork__’s L1 coverage… Data driven takes on @solana, @trondao, @ton_blockchain, @SkaleNetwork, @Ronin_Network & @SonicLabs. Link to read ⏬ournetwork.xyz/p/on-354-layer…
JUST IN: Layer 1s Part 2 🛣️ | OurNetwork #355 ☀️ @solana | @ledger_top 🍌 @trondao | @SamElfa0 💎 @ton_blockchain | @shuva10v 🤙 @SkaleNetwork | @JeffreyHacker_ 🎮 @Ronin_Network | @p_petertherock 🌀 @SonicLabs | @real_obbwd Link to read ⏬ ournetwork.xyz/p/on-354-layer…
According to @rwa_xyz data, @avax now hosts $192.8M in tokenized assets (excluding stablecoins), representing ~6% growth over 30 days. Wonder if the chain can keep it up… ournetwork.xyz/p/on-354-layer…
Layer 1 coverage from @ournetwork__: 📈 @ethereum mainnet transactions hit a 3-year high of 1.4M as stablecoin transfer volumes average a record $30B. 📈 @avax has RWA momentum with $192.8M tokenized, subnet scalability 14M+ daily transactions & near-zero gas fees. 📈…
Check out @ournetwork__’s latest issue on Layer 1s covering @ethereum, @avax, @SuiNetwork, @Aptos, @PlasmaFDN & @SeiNetwork. Link to read 🔽 ournetwork.xyz/p/on-354-layer…
JUST IN: Layer 1s Part 1 | OurNetwork #354 🦄 @ethereum | @TanayVed 🔺 @avax | @Haj1379 💧 @SuiNetwork | @biff_buster 🌐 @Aptos | @llcool_hay 🟢 @PlasmaFDN | @seouldatalabs 🏎️ @SeiNetwork | @SSaadmanM Link to read 🔽 ournetwork.xyz/p/on-354-layer…