Mika Honkasalo's path from basketball analytics to crypto is anything but ordinary. During DeFi summer, his liquidity mining calculator became a yield farmer's essential tool, kickstarting his deep dive into DeFi's intricacies.

Our conversation revisits Mika's insights on Solana's transaction dynamics, sparking an Ethereum vs Solana debate. While Ethereum's L2s focus on boosting throughput, Solana aims to slash latency, potentially revolutionizing finance.

Mika challenges us to rethink Ethereum: Is it money or a business? This perspective shift dramatically impacts how we view L2 fragmentation and fee capture.

Introducing the concept of "concentric circles" of growth, Mika argues that real progress in crypto comes from steady advances across multiple fronts, challenging the boom-and-bust narrative.

Mika also highlights crypto's often-overlooked strength: global hardware distribution. From Bitcoin miners to Solana's phone project, this could be the industry's game-changer.

Echoing Jon Charbonneau, Mika suggests we're all building towards the same endgame, despite different approaches.

For those looking beyond the hype to understand crypto's future, this episode offers invaluable insights that could reshape your perspective on this dynamic industry.