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Bonk Eco continues to show strength amid $USELESS rally
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Boop.Fun leading the way with a new launchpad on Solana.
In Q2 $AAVE traded at a ~50x P/Revenue multiple which I initially thought was rather expensive.
Having looked at catalysts in more detail I believe @aave is one of the protocols primed to benefit from GENIUS act and the institutionalisation of crypto.
A thread 🧵
In fact over the last year 77% of $AAVE's borrow interest revenues (i.e. excludes liquidations, $GHO, and smaller revenue streams) come from stablecoin lending. Data from
In the following tweets I include some modelling as to how this might look like by 2030.

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