In this episode, we explore PumpFun’s competition with Raydium, frontend design as a competitive moat, Solana’s share of network REV and application revenue, Ethereum’s ongoing scaling and governance challenges, and Bitcoin’s correlation to the stock market.
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As always, remember this podcast is for informational purposes only, and any views expressed by anyone on the show are solely their opinions, not financial advice.
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Resources
PumpSwap Data: https://x.com/blockworksres/status/1905691039912087660
Fluid Dashboard: https://x.com/blockworksres/status/1908165062650675637
PumpFun Dashboard: https://app.blockworksresearch.com/analytics/pumpfun
Bitcoin March 2025 Update: https://app.blockworksresearch.com/flashnotes/bitcoin-march-2025-update
Solana March 2025 Update: https://app.blockworksresearch.com/flashnotes/solana-march-2025-update
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Timestamps:
(0:00) Introduction
(1:34) The Decoupling Narrative
(6:43) Outlook For Crypto Majors
(10:57) Ethereum's Struggles
(15:27) Ledger Ad
(15:43) Solana's REV Share
(21:21) Diving into the PumpFun Data
(30:31) Ledger Ad
(31:04) Who Owns the End User?
(37:34) Incentivizing User Behavior
(47:15) PumpFun vs Raydium: What's Next?
(52:01) New Opportunities Going Forward
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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. Boccaccio, Danny, and our guests may hold positions in the companies, funds, or projects discussed.
