Latest / The Paul Barron Crypto Show / Solana vs Robinhood Chain💥The Bull-Run Tokens To Watch🚀

Transcript

Solana vs Robinhood Chain💥The Bull-Run Tokens To Watch🚀 · The Paul Barron Crypto Show

• 0:00
  Speaker 1: Solana may have a competitor today. We're going to be
• 0:02
  Speaker 1: breaking it down and giving some insights on how to
• 0:04
  Speaker 1: play this because there are a lot of complexities that
• 0:08
  Speaker 1: are starting to develop across this. Before we do that,
• 0:11
  Speaker 1: I want to thank our sponsor. That's iTrust Capital, where
• 0:13
  Speaker 1: you guys can get into your own crypto IRA, cryptocurrency stocks,
• 0:17
  Speaker 1: gold and silver, all available over on iTrust Capital. One account,
• 0:21
  Speaker 1: unlimited possibilities. This is one of the platforms they've been
• 0:25
  Speaker 1: around for quite a while. You guys can go over
• 0:27
  Speaker 1: and use them. If you have a current IRA, you
• 0:29
  Speaker 1: can transfer that. If you want to start a brand
• 0:32
  Speaker 1: new IRA, you can also do that as well. So
• 0:35
  Speaker 1: just use our link down below. It's going to give
• 0:37
  Speaker 1: you a $ 100 funding reward to get started. And you're
• 0:40
  Speaker 1: going to have to start tax planning soon. And IRAs
• 0:42
  Speaker 1: are one of the diversification things that you should be
• 0:44
  Speaker 1: doing to set yourself up for success. Let's just get
• 0:47
  Speaker 1: right into it. I want to lead with this tweet
• 0:50
  Speaker 1: right here. This, of course, is talking about what's happening
• 0:53
  Speaker 1: with Robinhood. Robinhood is out there saving the trenches. Thank you,
• 0:58
  Speaker 1: Vlad Tenev. And of course, Vlad responded. Someone had to.
• 1:01
  Speaker 1: And we all know Cash Cat has been the issue
• 1:04
  Speaker 1: on this. So it is a function that could be
• 1:07
  Speaker 1: leading the future here for Robinhood. Also, I want to
• 1:11
  Speaker 1: kind of touch on a couple other things here in
• 1:13
  Speaker 1: the essence of where the competition is going to come from.
• 1:16
  Speaker 1: And that, I think, is the fact that Robinhood and
• 1:19
  Speaker 1: also Solana are are now starting to center into highly
• 1:23
  Speaker 1: competitive areas. And it will be an interesting thing to
• 1:27
  Speaker 1: watch as we start to paint out some of the
• 1:28
  Speaker 1: projects that are coming into this. One thing to keep
• 1:32
  Speaker 1: an eye on right here is the revenue. This is
• 1:36
  Speaker 1: a Robinhood chain right now. First $ 2 million day revenue.
• 1:40
  Speaker 1: This is huge because of the acceleration that we're seeing
• 1:44
  Speaker 1: in a very short period of time. And I think
• 1:46
  Speaker 1: that's the whole point. They're just starting. Robinhood, of course,
• 1:51
  Speaker 1: does have somewhat of an ecosystem built around this, but
• 1:54
  Speaker 1: the key here is absolutely a big positive for Robinhood.
• 1:59
  Speaker 1: There's tokenized equities by volume, and you can kind of
• 2:02
  Speaker 1: see right there, Robinhood edging up fast in terms of
• 2:07
  Speaker 1: overall tokenized equities, in terms of volume, and that just
• 2:10
  Speaker 1: gets back to the whole point of what we're going
• 2:13
  Speaker 1: to see worldwide, because this is something that has started
• 2:16
  Speaker 1: to really change, and I think that's the dynamic where
• 2:20
  Speaker 1: we're going to see tokenized equities traded and it's gonna
• 2:24
  Speaker 1: happen and also when it's gonna happen in places and
• 2:27
  Speaker 1: In times that we haven't necessarily seen in the market.
• 2:30
  Speaker 1: Let's take a look at active addresses right here you
• 2:32
  Speaker 1: can kind of see Robin Hood taking over another position
• 2:35
  Speaker 1: over B and B chain and It continues to grow
• 2:39
  Speaker 1: not necessarily in total but right now in the short
• 2:41
  Speaker 1: period of time the amount of growth that we're seeing
• 2:44
  Speaker 1: in terms of active addresses and almost undeniable. When you
• 2:48
  Speaker 1: look at why and where that's coming from, this is
• 2:50
  Speaker 1: volume by market session. And you'll notice something here in
• 2:55
  Speaker 1: kind of that coral or orange color that I'm highlighting.
• 2:58
  Speaker 1: These are weekday off hours, all right? This blue is U.S.
• 3:03
  Speaker 1: market hours. So there is clearly a trend moving to 24-7,
• 3:10
  Speaker 1: and it's just a matter of time before Robinhood and
• 3:13
  Speaker 1: starts to dominate this. And because this is more of
• 3:17
  Speaker 1: a global phenomenon that I think is going to open
• 3:19
  Speaker 1: up Robinhood to a lot more markets, this is just
• 3:22
  Speaker 1: the beginning. So another reason that this could be playing. Now, Solana,
• 3:28
  Speaker 1: of course, has recorded its biggest month in history. This
• 3:31
  Speaker 1: is in August, 5.2 billion in non-vote transactional process. So
• 3:35
  Speaker 1: that's a big deal in itself for Solana. And it's
• 3:39
  Speaker 1: going to be a huge issue because Solana has now
• 3:42
  Speaker 1: put what, 24-hour Solana has now generated more app revenue
• 3:46
  Speaker 1: than Hyperliquid, BNB Chain, and Robinhood combined. So put that
• 3:53
  Speaker 1: somewhere and understand this is going to be a big
• 3:55
  Speaker 1: deal for Solana moving forward. So when you look at
• 4:00
  Speaker 1: Pump in general as maybe a play, you have to
• 4:04
  Speaker 1: look at their fundamental growth, and they have been pretty
• 4:07
  Speaker 1: much the meme coin center you can kind of see
• 4:11
  Speaker 1: the percentage of growth since August 30th plus 50% and
• 4:16
  Speaker 1: overall increase to target multiple 153%. So the point being
• 4:20
  Speaker 1: is that pump is a good play or is it?
• 4:24
  Speaker 1: So let's take a look at the PONS token because
• 4:28
  Speaker 1: this of course gets into kind of the pump for
• 4:30
  Speaker 1: Robinhood chain. And this one has been also moving as
• 4:33
  Speaker 1: you can kind of see absolutely skyrocketing over just the
• 4:37
  Speaker 1: last few days. And moving into a position right now,
• 4:41
  Speaker 1: market cap is setting at around or market volume sitting
• 4:44
  Speaker 1: around 96 million, but overall total supply versus the circulating supply.
• 4:50
  Speaker 1: I think the question here is, would you make a
• 4:53
  Speaker 1: play on this one? I don't know that this is necessarily,
• 4:56
  Speaker 1: maybe it's too late for this one. And I think
• 4:58
  Speaker 1: that's the issue that many people are looking at right now.
• 5:02
  Speaker 1: If you look at their protocol analytics, again, more growth,
• 5:06
  Speaker 1: lots of potential. And remember, this is token launches, this
• 5:09
  Speaker 1: is one of the largest ones out there. That's a
• 5:12
  Speaker 1: big opportunity, but I think the other opportunity is going
• 5:15
  Speaker 1: to be this. When you go over and look at
• 5:18
  Speaker 1: the meme tokens, the one thing you're going to notice here,
• 5:21
  Speaker 1: and I'm sure you guys can see this on screen,
• 5:24
  Speaker 1: is all of this is built in and around Uniswap.
• 5:29
  Speaker 1: Uniswap is involved in all of these, which means revenue
• 5:31
  Speaker 1: for Uniswap. Uniswap revenue means revenue to the token holders.
• 5:36
  Speaker 1: Token holders means they're going to buy more. That's the
• 5:39
  Speaker 1: reason I think Uniswap is the play here, as opposed
• 5:41
  Speaker 1: to maybe Pump and Ponds. You look at Uniswap right here,
• 5:46
  Speaker 1: when it comes to the overall DEX volume, it controls
• 5:50
  Speaker 1: the DEX volume consistently, and it's been holding over Pump
• 5:54
  Speaker 1: and PancakeSwap, Aerodrome, all of them. And I think this
• 5:57
  Speaker 1: is the indicator you need to watch. Robinhood, though, by
• 6:01
  Speaker 1: spot volume, remember, Uniswap tied to this as well, but
• 6:04
  Speaker 1: Robinhood by spot volume on DEX is Uniswap leads it.
• 6:08
  Speaker 1: So this is the reason I'm getting into this. I
• 6:12
  Speaker 1: think this is one of the key components that continues
• 6:14
  Speaker 1: to push toward Uniswap as a whole. So let's go
• 6:17
  Speaker 1: take a look at Uniswap on DeFi Llama. And you're
• 6:20
  Speaker 1: going to notice something right here. That day, September 1st, yesterday, $ 611, 000
• 6:26
  Speaker 1: in terms of revenue coming in. And this is the
• 6:30
  Speaker 1: daily revenue explosion that you're seeing. So This, of course,
• 6:34
  Speaker 1: all correlates to what's happening in the meme tokens over
• 6:36
  Speaker 1: on Robinhood Chain. It also has a lot to do,
• 6:39
  Speaker 1: I think, with how trading is starting to move. So
• 6:41
  Speaker 1: think about this. When you go to real-world assets over
• 6:44
  Speaker 1: on HoodFlow or hoodfl.io, you can find this. You'll notice
• 6:49
  Speaker 1: these APYs. Look at that, guys. Max APY. I mean,
• 6:52
  Speaker 1: some of these are crazy. And you could never do
• 6:56
  Speaker 1: this in traditional markets. And when you look at something
• 6:59
  Speaker 1: like a Reddit right there, wrapped ETH, But the point is,
• 7:03
  Speaker 1: is that everything on here, Uniswap, Uniswap, Uniswap, that is
• 7:08
  Speaker 1: the issue that this starts to set Uniswap up as
• 7:12
  Speaker 1: a winner. I'm surprised that we haven't seen an absolute
• 7:14
  Speaker 1: breakout on Uniswap. So one of the things that this
• 7:19
  Speaker 1: has in terms of an effect on the market is the,
• 7:23
  Speaker 1: this is a good example right here, yield on GIGDEX.
• 7:25
  Speaker 1: This is the equity pools. And these are insane. When
• 7:28
  Speaker 1: you look at them, The reason that Cash Cat hit
• 7:31
  Speaker 1: an all-time high is this right here. Look at the
• 7:33
  Speaker 1: kind of percentage that you're getting right here. I'll zoom
• 7:36
  Speaker 1: in on that. 1787%. So imagine what this is going
• 7:39
  Speaker 1: to look like as we start to see volumes on
• 7:41
  Speaker 1: TVL climb, because right now it's only setting at 137,000
• 7:46
  Speaker 1: right there with Cash Cat against USDG. That is another
• 7:50
  Speaker 1: indicator of where this is going. And just remember, who's
• 7:53
  Speaker 1: benefiting from this? Well, there's three major players here. that
• 7:56
  Speaker 1: are benefiting from Robinhood chain, and I agree with most
• 8:00
  Speaker 1: of them, but Morpho doesn't really generate any income yet
• 8:03
  Speaker 1: or any revenue yet for you, a token holder. Uniswap does.
• 8:07
  Speaker 1: They've turned that switch on. Arbitrum, possibility here, but they're
• 8:11
  Speaker 1: sharing revenue with Robinhood, so there's less of a pie.
• 8:14
  Speaker 1: So Uniswap is the clear beneficiary here. All right, so
• 8:18
  Speaker 1: as you can see, Solana coming to the London Stock Exchange.
• 8:23
  Speaker 1: They are trying to get into the RWA market. X-Stock
• 8:27
  Speaker 1: Suite full on. LLC plans to list the full X-Stock
• 8:31
  Speaker 1: Suite on LLC24. This, of course, gets a regulatory approval.
• 8:35
  Speaker 1: That means the 100 largest London-listed companies will also be
• 8:39
  Speaker 1: tokenized on X-Stocks. So Solana's coming. And what else is coming? Well,
• 8:44
  Speaker 1: this is what's coming. Oil. You'll be able to actually
• 8:47
  Speaker 1: use oil just like another RWA, and be able to
• 8:50
  Speaker 1: leverage this in there within the Solana ecosystem. Let's go
• 8:54
  Speaker 1: over and take a look at the X-Docs metrics real quick.
• 8:58
  Speaker 1: And you can see just the pie right here, Solana
• 9:01
  Speaker 1: obviously being the leader. Jupiter, of course, has started to learn,
• 9:05
  Speaker 1: I think, do some things that are going to set
• 9:07
  Speaker 1: it apart from pretty much everything out there. Again, riding
• 9:10
  Speaker 1: on Solana. But earning interest on your crypto right now,
• 9:14
  Speaker 1: this is available on Jupiter Lend. Don't forget... You also
• 9:19
  Speaker 1: have Athena with Bitwise in here, but Jupiter Lend, I think,
• 9:22
  Speaker 1: is going to be one of the areas that we'll
• 9:24
  Speaker 1: see it. Right there, total supply grind out $ 2. 2 billion.
• 9:28
  Speaker 1: Setting on total available, $ 1. 3 billion. Borrowed almost a bill
• 9:32
  Speaker 1: right there at $ 925 million. So not bad. Jupe USD
• 9:36
  Speaker 1: paying almost 6%. USDC at 5%, almost sold at 4.13%.
• 9:39
  Speaker 1: So think about this, guys, for a second. When you
• 9:46
  Speaker 1: think about incentives, that's pretty much igniting a lot of traders.
• 9:51
  Speaker 1: And if you look at what Robinhood is doing is
• 9:54
  Speaker 1: they're making these incentives available on any stock that you're
• 9:59
  Speaker 1: going to be trading on a tokenized stock, and you'll
• 10:01
  Speaker 1: be able to get these lighter points right in your wallet.
• 10:04
  Speaker 1: And then those values are going to apply to LIT.
• 10:07
  Speaker 1: And if you look at this guy, he's tracking it
• 10:10
  Speaker 1: right now just on Robinhood and how many points he's
• 10:13
  Speaker 1: got that were distributed this week. This is an example
• 10:15
  Speaker 1: of what they were last week. So it's growing. But
• 10:19
  Speaker 1: this is the kind of thing, when you start generating
• 10:21
  Speaker 1: incentives to do stuff like this, you're going to create
• 10:25
  Speaker 1: more volume. That's only going to expand not only the projects,
• 10:29
  Speaker 1: but the activity, addresses, and users over on Robinhood. All right,
• 10:33
  Speaker 1: so let's flip back over to Solve for a minute.
• 10:36
  Speaker 1: Stocks as collateral. This is Backpack. Stocks as collateral. And
• 10:40
  Speaker 1: you'll notice that you can now use real equities as
• 10:43
  Speaker 1: collateral across Backpacks. Unified cross asset. This also is available
• 10:47
  Speaker 1: in MECA approved. portfolio. So you've got stocks, crypto, pretty
• 10:52
  Speaker 1: much any other instruments in a single account. Here's NFTs though,
• 10:57
  Speaker 1: starting to move on Robinhood chain. And there's some other
• 11:00
  Speaker 1: points here. Remember Solana NFTs are also available on OpenSea.
• 11:06
  Speaker 1: This you'll remember had some leaders in the past NFT
• 11:10
  Speaker 1: run that I think is now starting to shift the dynamic.
• 11:13
  Speaker 1: What I mean by that is things like this, Magic Eden,
• 11:16
  Speaker 1: you guys, we've Back in the era of Web3, Magic
• 11:19
  Speaker 1: Eden was pretty much the winner. They had almost everything available.
• 11:24
  Speaker 1: And then this happened. And that is in March this year,
• 11:27
  Speaker 1: they shut down its Bitcoin ordinals, runes, all EVM marketplaces.
• 11:32
  Speaker 1: That's Ethereum, Polygon, Avalanche. That all went away. And that's
• 11:35
  Speaker 1: why I think you're starting to see a new player
• 11:39
  Speaker 1: in town. Collector Crypt is a good example. We had
• 11:41
  Speaker 1: them on the show not too long ago. And this
• 11:44
  Speaker 1: is the perfect play into it of the challenges this week.
• 11:47
  Speaker 1: They've got daily starter pack. This is Pokemon. Daily starter
• 11:50
  Speaker 1: packs available. You can get a whole slew of benefits
• 11:55
  Speaker 1: on this. And collector crypt cards, the token, is something
• 11:59
  Speaker 1: that I think will benefit from this. So as you
• 12:02
  Speaker 1: can see, Solana NFTs open on OpenSea. Your favorite collector
• 12:06
  Speaker 1: crypt slab is now available and tradable. So those real
• 12:08
  Speaker 1: world assets now available on OpenSea and tradable. This will
• 12:13
  Speaker 1: be a big deal for the Pokemon market. I want
• 12:16
  Speaker 1: to go to a clip real quick because this is
• 12:18
  Speaker 1: Tham talking about this a little bit more in detail.
• 12:21
  Speaker 2: Take a look. I'm really looking forward to next week
• 12:24
  Speaker 2: when we can talk about it a little bit more
• 12:26
  Speaker 2: because then people will have something to point to. And,
• 12:29
  Speaker 2: you know, the thing I think will surprise people is
• 12:32
  Speaker 2: it's been happening all along. Like what we've been doing
• 12:37
  Speaker 2: has been happening for 12 months. And, you know, at
• 12:40
  Speaker 2: some point people are just going to have to deal
• 12:41
  Speaker 2: with the truth. Yeah.
• 12:43
  Speaker 1: The TLDR is people need to pay attention.
• 12:46
  Speaker 2: Yeah, yeah, yeah, yeah. People need to pay attention. Here
• 12:49
  Speaker 2: we are at minute, you know, 60 on this. And
• 12:52
  Speaker 2: most people would make it past five minutes and then
• 12:55
  Speaker 2: jump on Twitter to say, oh, no utility. You know,
• 12:57
  Speaker 2: they didn't announce it right up front. That's why I
• 12:59
  Speaker 2: usually say these things right at the end of the podcast.
• 13:02
  Speaker 1: Tom, we can do a nice clip for you. We
• 13:03
  Speaker 1: can be like, you know, CC has buybacks.
• 13:06
  Speaker 2: And, you know, there you go. Now you got to
• 13:08
  Speaker 2: leave it in as a secret.
• 13:10
  Speaker 1: So they actually did release this a few days later.
• 13:13
  Speaker 1: And this is part of the announcement. But I want
• 13:16
  Speaker 1: to focus on these bullet points right here. So separate
• 13:19
  Speaker 1: buy transactions. So they've been buying. Cards accumulated, the token.
• 13:24
  Speaker 1: They continue to purchase. And they've deployed 616,000. Almost, that's crazy.
• 13:30
  Speaker 1: So that continues to, remember, this is real world assets.
• 13:34
  Speaker 1: Pokemon starting to play into real NFTs. It's really kind
• 13:38
  Speaker 1: of the future of NFTs. And then you, of course,
• 13:41
  Speaker 1: can see that token sold zero. So that is the
• 13:45
  Speaker 1: point I'm getting at. These kinds of narratives play out
• 13:48
  Speaker 1: really good in the space, especially when you look at
• 13:52
  Speaker 1: new movement in the market. So let's go take a
• 13:55
  Speaker 1: look at revenue by all projects. OK, you look at,
• 13:59
  Speaker 1: you know, obviously Tether out there leading the place. But
• 14:01
  Speaker 1: I want to focus in in this area right here
• 14:05
  Speaker 1: at number 15, 16, 17. and down to 20. You've
• 14:11
  Speaker 1: got Collector Crypt doing more revenue than Robinhood Chain, for now. Uniswap.
• 14:18
  Speaker 1: Then you've got Phantom in there and Ponds.
• 14:20
  Speaker 2: Jupiter.
• 14:21
  Speaker 1: These are all coming, guys. They are coming. And I
• 14:24
  Speaker 1: think they're coming in a big way in the sense
• 14:26
  Speaker 1: of how this market could be going into a bull market.
• 14:30
  Speaker 1: And these kinds of assets are setting. So you're very
• 14:33
  Speaker 1: early on many of these. And I think the key
• 14:36
  Speaker 1: here is Pay attention very closely. So let's look at
• 14:39
  Speaker 1: it this way. Securities, commodities, if you look at the
• 14:44
  Speaker 1: variations here that are playing out between the SEC and
• 14:46
  Speaker 1: the CFTC. Here's Hester Pierce. They're referencing the transfer agent
• 14:51
  Speaker 1: rule proposal, which is more than a decade in the making.
• 14:54
  Speaker 1: It's finally out, okay? But remember, the CFTC, very bullish
• 14:59
  Speaker 1: on commodities. And of course, this means Pokemon cards. what
• 15:02
  Speaker 1: we're going to see in gold, oil, all sorts of
• 15:05
  Speaker 1: elements that are going to make their way into the
• 15:08
  Speaker 1: commodity marketplace, where would you play? And I think this
• 15:12
  Speaker 1: is now starting to level up because in the past,
• 15:14
  Speaker 1: it most likely would have been securities, would have been
• 15:17
  Speaker 1: your choice. But that may be changing very soon. I'm
• 15:20
  Speaker 1: going to go to a quick review of a few
• 15:24
  Speaker 1: things here. And I want to start here on what
• 15:26
  Speaker 1: we would be playing right now. But Hood, obviously, Wyatt
• 15:30
  Speaker 1: wins capturing all of this. That's a big one. I'd
• 15:33
  Speaker 1: go Hood over Lit right now for lighter. Kind of
• 15:37
  Speaker 1: ignore that one. You could play it short if you
• 15:39
  Speaker 1: wanted to. Solana, I think that one wins well over
• 15:43
  Speaker 1: the centralized exchanges. This changes everything. And of course, the
• 15:46
  Speaker 1: August rally that we just saw. So Solana, good one. Uniswap,
• 15:50
  Speaker 1: probably the most won that is underserved right now. And
• 15:55
  Speaker 1: bet on the toll booth, not necessarily the traffic. And
• 15:58
  Speaker 1: it doesn't care. who wins? So I like that one.
• 16:00
  Speaker 1: Ignore Pump and Ponds on those two. Jupe, very hot.
• 16:07
  Speaker 1: I would ignore Hype and Phoenix on that. I know
• 16:09
  Speaker 1: everybody loves Hype. I own Hype. I like it too,
• 16:11
  Speaker 1: but I think Jupiter is the undersold one or the
• 16:14
  Speaker 1: underpurchased one here for now. Cards, we've talked about this
• 16:17
  Speaker 1: one before. Revenue-driven buyback program. He showed you everything. Category
• 16:23
  Speaker 1: leader now, pretty much taking over. And then September, Catalyst
• 16:26
  Speaker 1: is starting to stack a little bit. So good one there.
• 16:29
  Speaker 1: Ignore clones and NFTs. Anybody that's trying to do what
• 16:31
  Speaker 1: they're doing, okay? But get away from NFTs, digital NFTs.
• 16:35
  Speaker 1: Go with the real world NFTs. Morpho is another one
• 16:38
  Speaker 1: with an asterisk, and here's why. This powers the Robinhood chain.
• 16:43
  Speaker 1: So ignore the issue right now on the fee switch, okay?
• 16:46
  Speaker 1: The switch still isn't on, but eventually I think it
• 16:50
  Speaker 1: will happen. So I think Morpho is still in the bag.
• 16:53
  Speaker 1: And then the list here, pretty strict. Six picks, six inverses.
• 16:58
  Speaker 1: If you guys want to run an inverse with me
• 17:01
  Speaker 1: and you totally disagree, that's the whole point of this exercise.
• 17:04
  Speaker 1: You've got Hood, Sol, Uniswap, Jupe, Cards, and Morpho. Ignoring Lit,
• 17:11
  Speaker 1: any of the centralized exchange outside of Hood. Pump and Ponds, Hype,
• 17:16
  Speaker 1: and Phoenix, and then the competitors on the NFT side.
• 17:19
  Speaker 1: And last up, of course, anything that's got to switch
• 17:21
  Speaker 1: off for fees. That's kind of it, guys. Obviously, the
• 17:24
  Speaker 1: macro plays into this. We're going to continue to report
• 17:26
  Speaker 1: on that, so stay tuned. If you like this video,
• 17:35
  Speaker 1: hit like and subscribe, drop a comment down below, and
• 17:38
  Speaker 1: also join our free private member group. The link is
• 17:41
  Speaker 1: in the description.