TRIA Neobank Achieves 2nd Place, But Still Half the Market Cap of Its Competitors ✅ Just five months after its launch, TRIA has become the world's second-largest neobank, following Ethereum, but its FDV still appears significantly lower than its benchmarks. Based on FDV, $TRIA is around $160-170M, which is still less than half the market cap of similarly positioned projects like $ETHFI ($450M) and $GNO ($380M). This is especially true considering that its identity as a self-custody-based neobank has a significant impact on users. This may be due to the fact that the TGE took place during the peak of Bitcoin's price decline. - Hits Binance, Kobe, Bybit, and OKX - $4M in cumulative revenue, 350,000 users, and $170M in trading volume in five months - Over 60 protocols connected - Earn and futures trading available within the TRIA app - Flight and hotel booking features coming soon - Team from Binance, Polygon, and Intel - Backers include Ethereum Foundation C-level, P2 Ventures, Wintermute, Polygon's $12M investment, and Polychain Advisors This project has been a source of confidence and support since its inception, but I still think it's undervalued.