Suddenly realized a fundamental logic of the crypto market: Bitcoin reaching new highs will vampirize the technical narrative, while Ethereum reaching new highs will pump the technical narrative. 😬 As believers in the technical narrative, we would rather be killed by the relentless decline of the tokens in the technical narrative section of our portfolio than be defeated by the nihilism of crypto driven by populist sentiment. Fortunately, during this recent period, Ethereum developers, investment institutions, and community KOLs have been continuously hinting that Ethereum will deploy zkEVM on the mainnet, creating a fresh technical narrative that is both achievable in the short term and has a high imaginative ceiling. Currently, the secondary market is responding positively and actively to this. Of course, given the characteristics of Ethereum's secondary market assets, it is only suitable as the beta portion of the investment portfolio for the new zkEVM narrative. For the alpha portion, we need to allocate to Linea, Zksync, Scroll, and other closely related ZK Prover networks such as @lagrangedev, @SuccinctLabs, @boundless_xyz, and @cysic_xyz. Here, I want to emphasize Lagrange, as it is an important layout in the ZK Prover network track by Peter Thiel, the current national guru of the U.S. and a prophet of libertarian philosophy. Compared to sister projects in the same track, Lagrange is more purely focused on ZKP generation, supporting large-scale, computation-intensive, and parallel ZKP generation. Additionally, in terms of trustlessness, unlike Succinct based on PoS L1 and Boundless based on PoW L1, Lagrange chooses to adopt EigenLayer's AVS. In summary, for the grand technical narrative of zkEVM, which is being celebrated by many, allocating Ethereum is the beta part of the barbell strategy, while allocating zkEVM Raas service providers and ZK Prover networks is the alpha part. I think this is an important reason why Binance holders choose to list the native token $LA of Lagrange. An asset with unlimited imaginative space in a new technical narrative can greatly enhance the endogenous annualized yield of BNB. That's all.
Show original
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.