Intro

Tron has been on a tear ranking second in stablecoin supply, highest number of token holders at 143.5 million, and has the second highest TVL among layer 1's at over $8 billion dollars. 

What's causing this big spike and... why?

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------ TIMESTAMPS & RESOURCES

00:00 David's New Fighting Opponent https://x.com/Permissionless/status/1826245778098237923 

05:35 Markets https://pro.kraken.com/app/trade/btc-usd  https://pro.kraken.com/app/trade/eth-usd  https://farside.co.uk/?p=1518  https://unchainedcrypto.com/blackrocks-ethereum-etf-surpasses-1-billion-in-net-inflows/ 

09:17 Tron Taking Over? https://www.coingecko.com/en/coins/tron 

14:57 Fear vs Greed In Markets https://x.com/Barchart/status/1825970627011817561  https://www.coinglass.com/pro/i/FearGreedIndex 

19:53 Dems 2024 Platform Release https://x.com/BitcoinMagazine/status/1825571943891792289  https://x.com/RyanSAdams/status/1825620753783345308  https://x.com/RyanSAdams/status/1825625975528501711  https://x.com/RyanSAdams/status/1825619465339351144  https://washingtonreporter.news/editorial/scoop-kamala-harris-likely-to-nominate-gary-gensler-as-treasury-secretary-if-elected-senate-sources/  https://x.com/RyanSAdams/status/1825618904686739630 

32:36 Trump Onchain https://blockworks.co/news/donald-trump-nft-royalties-memecoin-taxes  https://edition.cnn.com/2024/08/15/politics/read-donald-trump-financial-disclosure-forms/index.html  https://opensea.io/collection/trump-digital-trading-cards 

39:02 Optimism Disabled Fraud Proofs? https://x.com/Optimism/status/1824560736657670314 

42:47 Pump Dot Fun https://x.com/adam_tehc/status/1824994679265349802?s=46 

45:33 McDonalds Memecoin? https://x.com/timo_bult/status/1826284191115530600  https://pump.fun/4BRummYdfvoEGQwYzTSmn5F6RyAFdrHUTFkeagobpump 

50:02 Story $80 Million Raise https://www.story.foundation/  https://x.com/jasonjzhao/status/1826236451954286946 

53:58 Sorella Labs $7.5 Million https://www.theblock.co/post/312222/paradigm-sorella-labs-ethereum-mev-problem?utm_source=twitter&utm_medium=social 

57:20 Meme Of The Week https://x.com/vitalikbuterin/status/1826253901240431083?s=46    ------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures⁠