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Unwrapping whats Happening On-Chain: A Christmas Report
Hello frends, If anyone wants to read a report on the state of the market / industry, I’ve put together some on-chain analysis and written something. It aims to reflect on 2024 and look forward to 2025. 3 quick takeaways that are worth thinking about: - 2025 is set to be a great year of stablecoins. With comprehensive legislation of stablecoins being the lowest hanging fruit for the new pro-industry policy makers in DC. - The guidance set out excluding crypto from 401k plans is likely to be relaxed. - On-chain metrics look great heading into the new year, particularly providing validity to the roll up thesis with a growing share of DeFi TVL being on Layer 2 scaling solutions. I tried to make it as accessible as possible for anyone wanting to share their thoughts on the ecosystem around the festival period. Happy to discuss anything and I welcome feedback. I hope you enjoy the holiday season and be merry! Cheers3
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