Latest / The Paul Barron Crypto Show / BlackRock AVAX DeFi Rewards!🚨Avalanche Activity Skyrockets!!🚀
Transcript
- 0:06Speaker 1: Avalanche could be setting up for a huge market action,
- 0:09Speaker 1: and of course a lot of things are happening. We'll
- 0:11Speaker 1: break it down for you. Don't want to miss it.
- 0:12Speaker 1: Money with a small barrel. Welcome back into tech path.
- 0:14Speaker 1: Let's get started. I do want to thank our sponsor
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- 0:48Speaker 1: Always get the three card, by the way, that's the
- 0:49Speaker 1: way to go. Let's go into a couple of points
- 0:51Speaker 1: I want to hit on here. Braxis Capital. We've talked
- 0:54Speaker 1: about them before. They bet five hundred and sixty one
- 0:57Speaker 1: million on Ether, so their ditch their bitcoin strategy in
- 1:02Speaker 1: a big power move. So a lot of points within
- 1:04Speaker 1: this that I think if you look at the overall
- 1:07Speaker 1: transactions on a braxis, this is going to get interesting.
- 1:10Speaker 1: Here's the breakdown of their HECA funds right now. If
- 1:14Speaker 1: you just look by holdings by chain, let me kind
- 1:16Speaker 1: of zoom in on that for you guys, see can
- 1:17Speaker 1: kind of really see look at that ethereum exploding and
- 1:21Speaker 1: number two right there is Avalanche. Could Avalanche be setting
- 1:24Speaker 1: up for possibly small liquidity coming in from a Braxis.
- 1:28Speaker 1: Let's take a look other things that are happening, of
- 1:31Speaker 1: course that recently started to move into the market. Right
- 1:33Speaker 1: here is of course securitized s Biddle now is minted
- 1:37Speaker 1: from Biddle. This is the new fund for securitized token.
- 1:40Speaker 1: This is all happening within finance but also within Avalanche.
- 1:44Speaker 1: So again this is the key to where we're going
- 1:47Speaker 1: to start to see a lot of things around RWA's
- 1:50Speaker 1: as well as token is securities playing into the Avalanche playbook.
- 1:55Speaker 1: Labs hit on this right here. It's Biddle's first ever
- 1:58Speaker 1: kind of zoom in on that for you. FIR ever
- 2:00Speaker 1: direct DeFi integration. This is important because it does start
- 2:03Speaker 1: to leverage in this next level of where Avalanche truly
- 2:08Speaker 1: could be going, which is going to open up a
- 2:10Speaker 1: lot of opportunity I think for in general around only
- 2:13Speaker 1: avas the ecosystem, but what we're going to see in
- 2:16Speaker 1: terms of price action for the token. When you take
- 2:19Speaker 1: a look at Euler finance, you can kind of see
- 2:21Speaker 1: something in here which is intriguing, and that is could
- 2:25Speaker 1: Blackrock actually be rewarding their bittle holders with Avalanche. If
- 2:30Speaker 1: you take a look right here, you can kind of
- 2:31Speaker 1: see what's happening in the gold ecosystem rewards on Avalanche
- 2:35Speaker 1: right there on USDC rewards on Avalanche. All right, so
- 2:38Speaker 1: I want to jump to a clip real quick. This
- 2:39Speaker 1: is the Euler CEO and the fact that they have
- 2:43Speaker 1: really kind of brought Avalanche back to the forefront. Take
- 2:45Speaker 1: a look.
- 2:46Speaker 2: I think I saw you guys go on Debate. We're
- 2:48Speaker 2: seeing you guys go on BnB.
- 2:49Speaker 3: What is going on over at Avalanche?
- 2:53Speaker 2: Got a fantastic market over on Avalanche right now. Incredible
- 2:56Speaker 2: growth within days, I think over one hundred million. They've
- 2:59Speaker 2: just been incredible growth of an Avalanche, partly because of
- 3:02Speaker 2: the success that RISKU. It is found in curating like
- 3:05Speaker 2: great markets over there, you guys brought attention back to them.
- 3:08Speaker 1: All right. So the point they're making there is if
- 3:11Speaker 1: you go over here and just look at DeFi Lama
- 3:13Speaker 1: and you take a look at the tvl here on,
- 3:16Speaker 1: this is the growth that I'm getting to let me
- 3:18Speaker 1: kind of adge in on that. I'll zoom up on this.
- 3:20Speaker 1: Maybe I can zoom on here we go, so I
- 3:23Speaker 1: want you guys to take a look at this. There's base.
- 3:25Speaker 1: We'll zoom up here. You can kind of start to
- 3:27Speaker 1: see the movement coming in on Avalanche right there at
- 3:31Speaker 1: twenty seven point three if I can get it in
- 3:33Speaker 1: there just right, Yeah, there you go. Two hundred and
- 3:35Speaker 1: seventy three million versus one point two billion on ethereum.
- 3:38Speaker 1: So already starting to make moves and it's very early.
- 3:42Speaker 1: One note on this is if you look at this
- 3:44Speaker 1: activity right now, as you can see, it's already starting
- 3:47Speaker 1: to move up some pretty significant chains here. But the
- 3:50Speaker 1: point is is this is all happening before the launch
- 3:53Speaker 1: of s miiddle, So could this be in the wings
- 3:56Speaker 1: of an absolute explosion around what is happening over on
- 4:00Speaker 1: Youla Finance. So a lot of cool activity out here.
- 4:03Speaker 1: Other things I want to hit on. Of course, as
- 4:05Speaker 1: you guys probably heard what we broke, some of this
- 4:07Speaker 1: news out there is Securitize and vanak are brought bringing
- 4:10Speaker 1: out their treasuries on chain, which was the v bill.
- 4:13Speaker 1: This of course is now live on Avalanche, Ethereum and Solana.
- 4:17Speaker 1: That was something I think that is probably maybe in
- 4:19Speaker 1: response to what's been going on with securitizes. So I
- 4:21Speaker 1: think you're going to see a lot of these institutions
- 4:23Speaker 1: really starting to scramble to try to get in tooke
- 4:25Speaker 1: nice securities quickly. And if you compare what's happening over
- 4:29Speaker 1: here on Solana in RWA activity three hundred and thirty
- 4:33Speaker 1: million right now in terms of value, about seven thousand holders,
- 4:37Speaker 1: sixteen asset count you get into that. Now, let's jump
- 4:41Speaker 1: over take a look at Avalanche one hundred and seventy
- 4:43Speaker 1: three million, seven thousand holders, twenty six RBA accounts, asset counts,
- 4:49Speaker 1: and right now only two point nine or one billion
- 4:52Speaker 1: in market cap on stable coin. But the point is
- 4:54Speaker 1: they're growing fast and if you compare that just we're
- 4:58Speaker 1: kind to kind of toggle between both of them. Let's
- 5:00Speaker 1: go back to right there, Solana take a look three
- 5:03Speaker 1: point thirty, get the snapshot right there, and then boom
- 5:06Speaker 1: right there Avalanche say more asset counts and more holders.
- 5:11Speaker 1: So this is this is one of those things that
- 5:13Speaker 1: could start to telegraph the kind of growth we're going
- 5:16Speaker 1: to see in the AVAX ecosystem. Now the growth. Speaking
- 5:20Speaker 1: of growth, well you got to talk about l ones. Now,
- 5:23Speaker 1: I want to scan down here and I'm going to
- 5:25Speaker 1: show you daily active address is let's zoom in on
- 5:28Speaker 1: this right here and look at this explosion that's happening
- 5:32Speaker 1: right now. All of this is because l ones are
- 5:35Speaker 1: rolling out, and that means more transactions, a lot more liquidity,
- 5:41Speaker 1: and a lot more opportunity going forward in the ecosystem.
- 5:44Speaker 1: Right there, you can kind of see just in this
- 5:46Speaker 1: short period of time between twenty four and where we
- 5:49Speaker 1: are right now, if you look at all time high,
- 5:51Speaker 1: which was really back in December, that's where we were
- 5:54Speaker 1: right there, holding it around maybe two seven, yeah, almost
- 5:57Speaker 1: three billion, to where we are right now. So are
- 6:00Speaker 1: we in a position in terms of locked up DeFi
- 6:03Speaker 1: of and we are nowhere near the price of what
- 6:05Speaker 1: we saw back in December. Just so you guys kind
- 6:08Speaker 1: of get that in correlation does not match up. So
- 6:11Speaker 1: is that a position that could be brewing for Avalanche
- 6:16Speaker 1: to see some chart movement here overall, we'll take a
- 6:18Speaker 1: look at the chart here. In a second, Mapel Story
- 6:21Speaker 1: is now officially available. You can meet your new story available.
- 6:24Speaker 1: It's out there, going live. And of course this is
- 6:26Speaker 1: one of the biggest game networks out there, and there's
- 6:29Speaker 1: reasons for this, and of course this is now on Avalanche.
- 6:32Speaker 1: Here's John Wu getting into the launch of Maple Story.
- 6:35Speaker 1: Take a look.
- 6:36Speaker 4: There's a company called next On, a publicly traded company
- 6:40Speaker 4: in There's just a gaming company in Korea, the largest
- 6:43Speaker 4: gaming company in Korea. But they have a game called
- 6:46Speaker 4: Maple Story. Maple Story has been around for fifteen twenty years.
- 6:49Speaker 4: They have over two hundred and fifty million users so
- 6:53Speaker 4: far in just like this early launch, they are creating
- 6:58Speaker 4: ten million plus transactions a day. It is massive.
- 7:01Speaker 1: Right now, we're.
- 7:03Speaker 4: Hoping a lot that two hundred and fifty million people
- 7:05Speaker 4: will now come and those consumers will be using the
- 7:08Speaker 4: Avalanche blockchain as a whole. Gozilla has this game called
- 7:12Speaker 4: Off the Grid.
- 7:13Speaker 1: I you were going to say that congratulations on all
- 7:15Speaker 1: the success with Off the Grid, all right, So The
- 7:18Speaker 1: point that John was getting at is that this could
- 7:22Speaker 1: really open up the opportunity for what we've believed Avalanche
- 7:27Speaker 1: could achieve, and that is just an unbelievable amount of
- 7:30Speaker 1: transactions in L one starting to roll out. Here's his
- 7:33Speaker 1: statement right here on x Mabel Story now live a
- 7:36Speaker 1: less than twenty four hours, one point eight million addresses
- 7:41Speaker 1: now active. Now remember address versus total transactions. Imagine the hundreds,
- 7:45Speaker 1: if not thousands of transactions per address. So this is
- 7:50Speaker 1: the opportunity that Avalanche is brewing into. Here's Luigi coming in.
- 7:53Speaker 1: We've had him on the team, their biz dev guy
- 7:56Speaker 1: over at Avalanche. Maple Story launched already burned one hundred
- 7:59Speaker 1: k in avax on the sea chain within the first hour. Guys,
- 8:03Speaker 1: within the first hour. That's the kind of opportunity that
- 8:06Speaker 1: we're talking about here. And another clip here because it's
- 8:10Speaker 1: next on the company makes Mapel Story. This is getting
- 8:13Speaker 1: into maybe where this could go. What is the potential
- 8:17Speaker 1: That's the point we're going to get at. Take a look,
- 8:20Speaker 1: how do you make money? How does this make sense
- 8:22Speaker 1: for Nexcent?
- 8:24Speaker 3: There is a massive gray market for in game items
- 8:28Speaker 3: operated by third Depiece, and we are estimating that the
- 8:31Speaker 3: annual transaction volume of Maple Story items alone in the
- 8:35Speaker 3: gray market goes beyond a billion in the US dollars
- 8:39Speaker 3: by annual basis. What we are bringing here is the
- 8:43Speaker 3: ecosystem where anyone can build their own contents, find their
- 8:47Speaker 3: own audience, user base, and we are offering the ip
- 8:51Speaker 3: that makes their own contents even more fruitful or attractive,
- 8:57Speaker 3: where content's creation is infinite.
- 9:00Speaker 1: Which okay, So the point I'm going to get at
- 9:03Speaker 1: here is next Pace, the company behind mapel Story also
- 9:07Speaker 1: many other games, is that they could be setting up
- 9:11Speaker 1: the rest of the gaming industry to understand the kind
- 9:14Speaker 1: of opportunity in terms of the business model this creates
- 9:17Speaker 1: on the AVAX chain that could create a domino effect
- 9:20Speaker 1: in gaming overall. Just look at the coin market cap
- 9:22Speaker 1: position right now Next Pace holding in the volume. Let
- 9:26Speaker 1: me zoom in on this right here, volume right now
- 9:28Speaker 1: twenty four billion, excuse me, twenty four hours one point
- 9:30Speaker 1: nine billion, and fully diluted over at two point sixty
- 9:33Speaker 1: four billion right there, market cap holding in very nicely
- 9:38Speaker 1: as well. So when you look at just what this
- 9:41Speaker 1: means for not only Avalanche, but the potential for more
- 9:45Speaker 1: l ones rolling out on this more gaming and also
- 9:48Speaker 1: more transactions around RWAs. All things are pointing to some
- 9:51Speaker 1: pretty big activity with Avax brewing. Now I want to
- 9:55Speaker 1: show you something here. This is kind of interesting. Ninety
- 9:58Speaker 1: three percent allocated to the community. This is on maple
- 10:01Speaker 1: Stories universe unmatched token distribution, So this is where they go.
- 10:04Speaker 1: And that's on the far right. That's maple Stories contributor
- 10:07Speaker 1: and community ninety six percent committed. All right, Now, take
- 10:11Speaker 1: a look at hyper Liquid, which is also very community
- 10:13Speaker 1: driven seventy percent. Then you go into typical IPO, this
- 10:18Speaker 1: is VC. Look at the amount of founders others. Look
- 10:21Speaker 1: at the team and even foundation versus ip operation and
- 10:25Speaker 1: team over on this approach. This is the kind of
- 10:28Speaker 1: thing that really starts to change the model of how
- 10:31Speaker 1: many of these companies could go to market in the future.
- 10:34Speaker 1: And if you think about everything on the blockchain and
- 10:36Speaker 1: the future of that avalanche centered right in the middle.
- 10:39Speaker 1: On to another point, if you go in and look
- 10:41Speaker 1: at the old ones that are queuing up to go live,
- 10:44Speaker 1: they are stacking up like crazy. I'm gonna scan down here, guys,
- 10:46Speaker 1: look at this. These are all l ones yet to launch.
- 10:50Speaker 1: So what I just showed you on DeFi Lama in
- 10:53Speaker 1: terms of the transactions that we were looking at just
- 10:56Speaker 1: with the launch of Maple Story. That's the kind of
- 10:59Speaker 1: scenario we are dealing with. Now, where could you make
- 11:02Speaker 1: money on this? Who will be the potential winners? One
- 11:07Speaker 1: potential out there is going to be Pharaoh. We've talked
- 11:09Speaker 1: about Pharaoh before. This of course is kind of a
- 11:12Speaker 1: new opportunity for you to go out there and trade
- 11:14Speaker 1: within the Avax ecosystem. A lot of trade volume all
- 11:18Speaker 1: starting to ramp up. If you go all the way
- 11:19Speaker 1: back here, this is where they were in October. Let
- 11:21Speaker 1: me kind of zoom in on that if I can.
- 11:23Speaker 1: There we go, this is back in October starting to
- 11:26Speaker 1: blow through, and you can kind of just see up
- 11:28Speaker 1: into the right so volume here on Pharaoh. If I'm
- 11:32Speaker 1: looking for some opportunities here, Pharaoh could be the one
- 11:35Speaker 1: that you know, could supplant even Trader Joan. We know
- 11:38Speaker 1: how much of an impact Trader Joe has had. One
- 11:41Speaker 1: thing to know. Let me kind of zoom in on
- 11:42Speaker 1: this for you guys right here, Let's go over to
- 11:44Speaker 1: Pharaoh exchange right there, holding it around forty five eight million,
- 11:48Speaker 1: getting ready to flip black rocks. RWA position and moving
- 11:52Speaker 1: right in to the crosshairs of trader Joe. So you
- 11:55Speaker 1: get my point here, the opportunity is going to get big.
- 12:00Speaker 1: Last up, if you just take a look at the
- 12:02Speaker 1: Pharaoh chart, I'll just show you guys this. I'll zoom
- 12:04Speaker 1: out a little bit. Look at this high holding in
- 12:06Speaker 1: and around eleven sixty seven horse. It's trading right now
- 12:09Speaker 1: around three thirty six. So one to watch for sure
- 12:13Speaker 1: market cap on this six point two million? Is this
- 12:15Speaker 1: a play? I'll let you guys be the judge of that.
- 12:18Speaker 1: Last up. Of course, if you're thinking where we're going
- 12:21Speaker 1: to start to see a lot of this activity, Unie Swap,
- 12:24Speaker 1: that's the place you need to be playing attention. Which
- 12:27Speaker 1: is another thing to keep an eye on is unit
- 12:30Speaker 1: chain and what's happening there, because the opportunity here between
- 12:33Speaker 1: these two could become very very good. Overall. Last up
- 12:38Speaker 1: I want to hit and that is that Avalanche is
- 12:40Speaker 1: just I think they're just getting started on a lot
- 12:43Speaker 1: of this drop. In terms of news, they are holding
- 12:45Speaker 1: their event in London. This is May twentieth through the
- 12:48Speaker 1: twenty second, so it's happening very soon. Just in a
- 12:50Speaker 1: few days. We will see what's going to be released
- 12:54Speaker 1: over there at the Hatfield House. I'm expecting some fireworks.
- 12:57Speaker 1: There's a lot of people set to attend this EV
- 13:00Speaker 1: and at least on the speaker side, this could be
- 13:02Speaker 1: an intriguing thing, so keep your eyes out here. If
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