In today's analyst roundtable Sam, Ren, Matt, and Pibblez dive into a range of topics including Arbitrum's incentives program, issues with Solana's fee markets, Bitcoin L2 solutions, potential for Ethereum ETFs that enable staking, and the the upcoming Shanghai upgrade bringing several EIPs. The conversation opens by analyzing Arbitrum's incentives program, finding the TVL growth did not justify the high customer acquisition costs. They then dive into Solana's fee market issues, including inefficient compute usage and easy account spamming. Shifting focus to Bitcoin, the merits of different layer 2 construction approaches are weighed. Potential Ethereum ETFs come up next, with hosts excited by the prospects of staking rewards further enriching companies like Coinbase. Finally, the major improvements of Ethereum's upcoming Shanghai upgrade are discussed, including several EIPs that will directly boost the Layer 2 ecosystem.
As always remember this podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice.
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Resources
https://dune.com/hildobby/btc-etfs
https://hackmd.io/6lwnNQf2RTmc3UQoWvAVQw
https://twitter.com/ercwl/status/1756575133907452312
https://twitter.com/ElBarto_Crypto/status/1757036165520036299
https://bitcoinlayersreport.com/
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Timestamps:
(0:00) Introduction
(1:17) Effectiveness of Arbitrum STIPs
(4:54) Solana Fee Market Designs
(10:24) Bitcoin L2s & VM Nuance
(17:19) dYdX Segment: Stride
(25:05) Bitcoin ETFs & BTC Supply
(32:09) Bitcoin Mining Profitability
(37:17) DAS London Ad
(38:23) Ethereum ETF Applications
(45:34) Ethereum Dencun Upgrade & EIP 4788
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Disclaimer: Nothing said on 0xResearch is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Dan, Sam, and our guests may hold positions in the companies, funds, or projects discussed.
