It will be interesting to watch what happens to staking/DeFi numbers post-merge. I was shocked when I learned that ~70% of ADA is staked -- we'll obviously get nowhere close to that before eth2, but when it becomes a bit easier to earn income on your tokens the liquidity of the market will dry up pushing the price drastically higher. My 2c.
It will be interesting to watch what happens to staking/DeFi numbers post-merge. I was shocked when I learned that ~70% of ADA is staked -- we'll obviously get nowhere close to that before eth2, but when it becomes a bit easier to earn income on your tokens the liquidity of the market will dry up pushing the price drastically higher. My 2c.