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Is SOL Undervalued? 83% Discount to ETH? | Michael Nadeau
Bankless
Resurgence of Fundamentals in Crypto Space
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The chapter explores the resurgence of fundamentals in the crypto space, focusing on cash flows, data-based analysis, and the importance of understanding the fundamentals of crypto assets like Maker, Solana, and Ethereum. The discussion highlights the shift towards trading based on cash flows in the market and the significance of key performance indicators for valuing crypto assets. It also touches on topics such as the historical context of Solana's market cap relative to Ethereum, the comparison of fees between Solana and Ethereum, and the potential impact of Miner Extractable Value (MEV) on fee generation in blockchain networks.
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