$ETH.X is getting a major update this coming summer that will reduce issuance by 75-90%.
Due to this upcoming reduced issuance, I'm debating transferring some of my
$SOL.X over to ETH.
This update will likely lead to an opportunity for long-term investors to earn 8-12% yield via ETH's proof-of-stake mechanism. Given the potential for steady yields, institutions may become more long-term holders.
Risks here include (but aren't limited to): technological implementation and competition (
$AVAX.X ecosystem is heating up,
$SOL.X is becoming more widely adopted via OpenSea, and
$DOT.X is the most widely held crypto asset by hedge funds as of Q4 21).
What are you all looking at within the crypto space?
Source: Bitwise Notes from CIO April 5th