Responding to recent reader inquiries.
- Where to view Vader's project ratings
Vader has a dedicated Twitter account @VaderResearch, which frequently posts its ratings for various projects. I only use it as a reference, not as a definitive basis.
- Can POL still be held, as project development issues have been discovered.
Whether it can be held still requires personal judgment.
I exchanged part of this coin for OP earlier, and another part for ARB. I haven't been closely following it since then.
Recently, I saw online information saying that one of the co-founders has resigned. I'm not sure if this is the "problem" you're referring to?
After seeing this information, I reviewed the project's development and compared it with other Layer 2 expansions. I kept a small portion of POL for ecosystem gas fees, exchanged part of it for OP, and another part for ARB.
Carefully reflecting on Ethereum's current Layer 2 expansions, their development is quite "strange": projects that were once highly anticipated with token launches have become quiet; Base, which has not issued a token, now has the most momentum.
This situation was probably unexpected by anyone at the time.
- Bitcoin and Ethereum holdings.
A reader mentioned that I previously pointed out Bitcoin holdings should be greater than Ethereum.
Recalling, that was probably very early on. Actually, especially after 22, my Ethereum holdings began to exceed Bitcoin, as I believed Ethereum's future potential would be greater than Bitcoin.
But in 23, when the Bitcoin inscription ecosystem emerged, I remember writing in an article to increase Bitcoin holdings.
Later, especially last year and this year, when Bitcoin's price was high and Ethereum's price remained low, repeatedly falling below $2,500, I continued to dollar-cost average in Ethereum. So now, my Ethereum holdings are more than Bitcoin.
Recently, many people online have been discussing SharpLink's imitation of MicroStrategy in acquiring Ethereum, hoping this acquisition could significantly boost Ethereum's price.
I specifically checked SharpLink's Twitter for related news. Its publicly disclosed price was $463 million for 176,271 Ethereum. I calculated that the average price was $2,626, which is higher than my dollar-cost average price.
Will this acquisition strategy work?
In the short term, perhaps, but in the long term, I think its usefulness is very limited.
Ethereum is different from Bitcoin. Bitcoin is a limited edition collectible, and hoarding can certainly help drive up the price. However, Ethereum is positioned not as a collectible but as an infinitely produced "commodity" or "currency". Long-term hoarding is ineffective; what truly matters is getting it to be widely "used".
In this regard, I think two other trends are more worth noting:
First, the ecosystem developing on Ethereum's Layer 2 expansions that I've been following, currently mainly Base.
Second, traditional institutions beginning to engage with stablecoins and start building their own Ethereum Layer 2 expansions.
Traditional institutions' current involvement in stablecoins seems to be simply expanding business, but in the future, I believe they will likely build their own ecosystems based on their stablecoin business. And in developing these ecosystems, they may well build their own Layer 2 expansions.
Ant Group is a typical example. It is currently building its own Layer 2 expansion while simultaneously applying for stablecoin licenses in Hong Kong and Singapore.
When these institutions have their own Layer 2 expansions, they will ultimately operate nodes in the Ethereum ecosystem and participate in Ethereum's actual maintenance. And to operate nodes, they must buy Ethereum. This is the direct driver that will push Ethereum's price higher.
