Feb 25 – ETHDenver

Last week we attended ETHDenver, the largest crypto conference in North America. 🇺🇸 Here are our key insights:

➡️ Stable coins (and AI) were still everywhere with a strong institutional & founder interest. The latest focus is on stable coin sandwiches - Arbitrage and DeFi yield tooling.

➡️ Market sentiment is shifting back from narratives to fundamentals. Last year, at events like EthCC, Token2049, and Devcon, the space focused largely on hype, leading to overvalued projects. Now, the focus was more on products, demand, & revenue.

➡️ People are still observant and speculative on whether Ethereum's new leadership team will be able to turn months of bearish community sentiment around. We saw no specific changes yet, but are still hopeful that fresh strategies will arise to counter L2 value extraction.

➡️ One consensus was clear; that crypto is not just a use case, it will one day touch most industries. AGI will soon be able to fake anything, and blockchains can and will be used to verify everything.