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Richard Galvin's Shocking Crypto Predictions for 2025

Raoul Pal: The Journey Man

CHAPTER

Analyzing the Blockchain Landscape

This chapter explores the current state of blockchain technology and the dynamics of block space supply and demand, highlighting the oversupply issue that has led to decreased transaction fees. It discusses the distinct roles of Bitcoin, Ethereum, and Solana, while examining market inefficiencies and valuation challenges faced by various protocols. Additionally, the chapter analyzes the evolving nature of Ethereum, its layer two solutions, and the impact of stablecoins on the cryptocurrency ecosystem.

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