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Ethereum isn't just winning, it's winning by a large margin. Why Salana at this moment? Total transactions per second Salana can do in a day is 14 billion. I think Ethereum can easily get to 9,000 7,000. That's more than total transactions on equities, fixed income, commodities, and foreign exchange. Over time, it could get to the 20,000 level. Uh I'm calling this the season of soul. Something feels different about Bitcoin just today. There's a reason why so many crypto investors are paying such close attention right now. Do you realize
what's going on? Bitcoin price, like a beach ball being held underwater, is showing incredible resilience. Price continues to grind up. But what really makes this interesting, why people are really paying attention right now is that Bitcoin dominance is dropping hard. Liquidity is flowing into altcoins. Guys, smash the like button. Let's get this information out there to as many people as possible. ICP, Aster, XDC, Render, OKB, HAR, Algarand, Hyperliquid, Injective, Stellar. A mini altcoin season is here with many experts projecting that this continues into the summer. Galaxy Digital founder Mike Novagrats. He's the poster boy for Wall Street turned crypto. He has just put
his reputation on the line declaring alt season is here and in fact the season of Salana is coming. Do you agree with his altcoin thesis? Why Salana at this moment? uh total transactions per second Salana can do in a day is 14 billion. That's more than total transactions on equities, fixed income, commodities, and foreign exchange, right? And so you've got a blockchain that's now fast enough, tailor made to be the blockchain for financial markets. And you got an SEC chair saying, "I want you to build on chain." And so those two things are lining up. Uh I'm calling this the season of soul. Again guys, smash the
like button. Which altcoins do you like? Which coins should I be talking about more? Comment your thoughts below. Let me share with you the information that you need to know to be a smart crypto investor. I don't think most people realize what I'm about to share with you in today's video. This is bullish. Chicago PMI just came in well above expectations, implying an ISM reading of over 55. How this relates to you as a Bitcoin crypto holder is if Bitcoin still continues to follow growth and risk appetite, it needs to repric higher from here in my opinion. This is coming from the European head of research at Bitwise. So, Bitcoin's forming a little launch pad right here, projected to
grind higher while Bitcoin dominance falls off a cliff as liquidity flows into alts now. And then check this out as well. This is bullish for crypto. The S&P 500 just made history with a recordbreaking rally. The S&P 500 closed at a fresh all-time high while posting its first 9-week winning streak in three years. The index has surged nearly 16% across April and May, making its third best twomonth gain this century. And everybody's calling the top without understanding the history of S&P 500 making all-time highs. Anthony Pompiano explains why this is going to continue. Momentum begets momentum. Returns beget more returns. The best day to buy stocks in the stock market is at all-time high
prices. Better than any other day of the year. So, Bitcoin and crypto should really be pumping right now. We have a new Fed chair. The midterms are still ahead. The stock market and AI is strong. Plus, the clarity act race to the finish is on. June is clarity's month. If we cannot make major progress with this, the chance of this passing before midterms really starts to drop off. So, June truly is clarity's month. It's literally now or never. There is a huge push in Congress to pass this. Thank goodness. Representative Tom Emmer explains that what they're beginning to understand is without the Clarity Act, crypto leaves America.
You got to have the uh market structure bill, Maria, because we want that money invested. We want those entrepreneurs, those risktakers coming into our country and being under the supervision of the US government as opposed to setting up shop in the Caribbean or somewhere else. Yeah, that's right. Yeah. We want them to be here and you got to give them the rules of the road. They got to know who they're dealing with. the CFTC, the SEC, the FDIC, the Treasury, who are they responsible to in terms of regulation. Once those rules are clear, I think our chairman, uh, uh, French Hill from Arkansas says it best. Yes.
Having the stable coin bill without the clarity bill, the market structure bill is like having a cell phone without the towers. So, yes, I the goal is to get it done as soon as possible. In addition, it seems like the US and Iran are closer to making a deal. Trump recently outlining his terms what he would like to see America get. Now, there is no deal yet to be clear. However, progress is being made and Secretary of Orgas says the US is in a good place to make a deal. I like this. As altcoin season continues to gain momentum, do not count Ethereum out.
Nobody on Wall Street is going to get fired for recommending Ethereum. And many big entities continue to buy the dip. The bullcase for Ethereum is as follows. By the way, make sure you follow Altcoin Daily. We are the largest crypto community in the world. We put out one video every day keeping you informed. It is not too late to load up on quality altcoins. ETH below or around $2,000 is one of the biggest opportunities in the market. Ethereum fundamentals just continue to improve while price consolidates. Soon everything will be tokenized. As more assets move onchain, Ethereum usage increases. More Ethereum gets burnt.
Supply becomes scarcer. Scarcity creates upward pressure on price. Remember, every transaction permanently removes some Ethereum from circulation. Tom Lee is projecting Ethereum to hit 9K and then eventually 20K as Ethereum continues to become more competitive on tokenization, payments, etc., etc. I think at the very least Tom Lee will be directionally right on Ethereum. There is reason to be bullish. So, the opportunity is while the market is pricing Ethereum like a dying asset, adoption continues to grow. Tom Lee explains the bull thesis. The outlook for crypto is still really good for the next uh 5 to 10 years. I don't want to overuse the word super cycle, but we know that Wall Street wants to tokenize everything. you know,
whether that's Vlad at Robin Hood or Larry Frink at Black Rockck, and that's going to bring a lot of efficiencies to Wall Street, but it really brings the use case forward for something like Ethereum. So, uh, we're pretty bullish. I think Ethereum can easily get to 9,000 7,000 over time as it starts to be competitive with uh payment rails, you know, could get to the 20,000 level. So, I'm pretty bullish. Wall Street is bullish on Ethereum. Former Black Rockck Joseph Shalom, now he also has an Ethereum treasury company. He left Black Rockck to start an Ethereum treasury company. He explains why he is so bullish, saying, "Well, everybody is dunking on Ethereum. Just look at the
scoreboard. The noise is missing the big picture. Ethereum has the trust, liquidity, security institutions need, and it's already winning where it matters." The noise is missing the big picture. Let's step back from the short-term drama and why don't we actually be objective and look at what Ethereum has delivered and how it's positioned. Let me start by saying you guys go came from a sports school. Look at the scoreboard. So in the properties that matter most for institutional adoption which is the future of Ethereum, Ethereum has the most trust, liquidity, and security. Objectively speaking, it has the license to win. But sometimes in
life you have the license to win but you're not winning. In all the categories where that license converts into real economic activity, Ethereum isn't just winning, it's winning by a mar a large margin. 50 plus% of stable coin value globally settled on Ethereum. tokenized assets. You know, as soon as some of the next projects are tokenized that have been announced, it'll have 70% of all tokenized assets in the Ethereum ecosystem. And it frankly is the default for high value DeFi transactions. So like there is no competing chain that's close on any of when ETH eventually does break out from its 5year compression accumulation launchpad.
Yeah, I'm bullish. The explosion is loading. Make sure you subscribe to Altcoin Daily. We put out one video every day keeping you informed. If you're interested in hearing about the top crypto coins in the space on a daily basis, join the Altcoin Daily community and I'll see you tomorrow, my friends. Our company will probably buy all of the Bitcoin gets produced by the miners between here and the year 2140. Then there's no more Bitcoin. 2140. Yeah.
