The Ghost in the Transfer Fee: How Crypto Sponsorships Are Really a Liquidity Extraction Mechanism
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Extreme Fear
Market Sentiment
Independent validator client goes live on mainnet
Team and early investor shares released
Block reward halving event
Block reward reduced to 3.125 BTC
Raises validator limit and account abstraction
Circulating supply increases by about 2%
92 million ARB released
Improves data availability sampling efficiency
Bitcoin Season
| # | Coin | Price |
|---|---|---|
| 1 |
Bitcoin
BTC
|
$64,902.4 |
| 1 |
Ethereum
ETH
|
$1,924.46 |
| 1 |
Solana
SOL
|
$77.42 |
| 1 |
BNB Chain
BNB
|
$581 |
| 1 |
XRP Ledger
XRP
|
$1.12 |
| 1 |
Dogecoin
DOGE
|
$0.0741 |
| 1 |
Cardano
ADA
|
$0.1648 |
| 1 |
Avalanche
AVAX
|
$6.69 |
| 1 |
Polkadot
DOT
|
$0.8474 |
| 1 |
Chainlink
LINK
|
$8.54 |