As the Ripple and Coinbase cases progress, we will have the opportunity to understand how the court views the SEC's enforcement actions. We will keep an eye on this, but the outlook may be brighter than the market expects.

The growth and scalability of Ethereum L2 will undermine the value proposition of L1 competing chains that adopt similar scalability approaches.

AMM is a foundational layer protocol that aggregators, brokers, gaming applications, and others will use to obtain liquidity.