Latest / The Paul Barron Crypto Show / Solana Breakpoint BOMBSHELLS Everyone Missed!!🔥Recap & Reaction🚀

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Solana Breakpoint BOMBSHELLS Everyone Missed!!🔥Recap & Reaction🚀 · The Paul Barron Crypto Show

• 0:00
  Speaker 1: All right, big news today. Of course, Ripple has a
• 0:03
  Speaker 1: banking license. Everybody's been waiting for this. It happened, and
• 0:06
  Speaker 1: it happened during Breakpoint, which happened with new announcements. Just
• 0:09
  Speaker 1: to dive into all of this, Ripple announced over here
• 0:12
  Speaker 1: on the block Ripple, Circle and Bitco have secured their
• 0:15
  Speaker 1: conditional approval for a banking charter, and this is what
• 0:19
  Speaker 1: everybody's been waiting for. Along with others starting to pile
• 0:22
  Speaker 1: in on this. Fidelity Digital paxos also have won conditional
• 0:27
  Speaker 1: regulatory approvals that would clear the path for these crypto
• 0:30
  Speaker 1: firms to operate as a federally regulated bank in the
• 0:34
  Speaker 1: United States. Let me repeat that again, guys, that is
• 0:37
  Speaker 1: a federally regulated bank here in the US. Ripple will
• 0:40
  Speaker 1: be the head of this because it is one of
• 0:43
  Speaker 1: those outside of paxos that has its own stable coins,
• 0:46
  Speaker 1: So be on the lookout. The question is now who
• 0:50
  Speaker 1: actually launches first, what is it going to look like?
• 0:53
  Speaker 1: How quickly will Brad garling House and others start to
• 0:56
  Speaker 1: announce what our next steps going forward. Over at the
• 1:00
  Speaker 1: Salana event, Ripple also got some headlines by guess what
• 1:05
  Speaker 1: XRP now coming to Solana? And there's a few things
• 1:08
  Speaker 1: you can do, included by earning yield all sorts of
• 1:12
  Speaker 1: activities as well as buying stocks RWA's yield bearing tokens.
• 1:16
  Speaker 1: Prediction markets are going to be coming live. This is
• 1:18
  Speaker 1: pretty big because we could see a lot of people
• 1:21
  Speaker 1: starting to look at Solana as a new opportunity to
• 1:25
  Speaker 1: put your XRP to work without the risk of bridging.
• 1:29
  Speaker 1: And that's the big key that this announcement kind of
• 1:32
  Speaker 1: focuses on. I know many of you guys are probably
• 1:34
  Speaker 1: using Flare networks and things of that nature to earn
• 1:36
  Speaker 1: yield on many of your things with flare f assets,
• 1:39
  Speaker 1: but this will create more of a competitive landscape for sure.
• 1:43
  Speaker 1: I want to go to the first clip over at
• 1:45
  Speaker 1: the at the Salona event. This was all about what
• 1:48
  Speaker 1: was happening with fire Dancer, because everybody wants to know, right,
• 1:51
  Speaker 1: We'll take a look fire Dancer.
• 1:54
  Speaker 2: It's been hiding in plain sight producing full blocks on
• 1:57
  Speaker 2: MAInet in October and nobody noticed.
• 2:00
  Speaker 3: It's running live, highly staked and on maintenet. A little
• 2:08
  Speaker 3: bit of a secret, but we'll reveal it to you.
• 2:11
  Speaker 3: This is fired. Once it too, people kind of think
• 2:16
  Speaker 3: there's gonna be this big bang moment with fire on sea,
• 2:18
  Speaker 3: where one day it's not deployed, next day it is.
• 2:21
  Speaker 3: In reality is like kind of nuanced.
• 2:24
  Speaker 1: All that news that is released over at breakpoint and
• 2:26
  Speaker 1: not much action on price right now. With Slan, I
• 2:29
  Speaker 1: think they did not do themselves any favors on the
• 2:32
  Speaker 1: way they released the content out there, and I don't
• 2:35
  Speaker 1: understand why. This is kind of an interesting situation that's
• 2:38
  Speaker 1: brewing over there. Solana. Also, their uptime has improved this year.
• 2:42
  Speaker 1: They had a clip talking about that.
• 2:44
  Speaker 2: Let's go ahead and start with resiliency.
• 2:50
  Speaker 4: That's a lot of green. Almost two years of solid green.
• 2:54
  Speaker 1: Alrighty course uptime there if you look at that, good
• 2:57
  Speaker 1: for Slona. I'm glad to hear that we haven't seen
• 2:59
  Speaker 1: as much much where we are trading right now price
• 3:01
  Speaker 1: action since then. But that's a situation I think that
• 3:04
  Speaker 1: bears into the regular market overall. Now, the other thing
• 3:09
  Speaker 1: that played out at this event is the Salana decks
• 3:12
  Speaker 1: trading fees are now showing off against coinbase. Take a look.
• 3:17
  Speaker 5: The goal was to make on change trading competitive with
• 3:19
  Speaker 5: centralized exchange trading, and it turns out we're actually already there.
• 3:25
  Speaker 5: The same trade on Coinbase costs twelve basis points plus
• 3:28
  Speaker 5: exchange fees. The same trade on Binance costs five basis
• 3:31
  Speaker 5: points plus exchange fees. I'm excited to finally announce what
• 3:35
  Speaker 5: we've been working on in twenty twenty five, what we've
• 3:42
  Speaker 5: done for the Salona spot markets, we're now doing for derivatives.
• 3:46
  Speaker 4: This number is three to five.
• 3:47
  Speaker 5: Basis points on centralized exchanges, and our goal is to
• 3:50
  Speaker 5: bring that all the way down.
• 3:52
  Speaker 1: All right, Well, that's a good news item because I
• 3:55
  Speaker 1: think fees are going to be the thing that create
• 3:59
  Speaker 1: maybe the next gen neration of investors, especially around when
• 4:03
  Speaker 1: they start doing some comparison, because I know a lot
• 4:05
  Speaker 1: of you guys do that right now. Remember we had
• 4:08
  Speaker 1: an interview on the show here with the xdox guy,
• 4:12
  Speaker 1: and he revealed a lot around what would be happening
• 4:15
  Speaker 1: within the Solana ecosystem. While they announced some pretty major
• 4:19
  Speaker 1: news over at the event, this of course was a
• 4:21
  Speaker 1: massive update on xdox. Take a look.
• 4:25
  Speaker 6: We are doubling down on our partnership with the wallet
• 4:28
  Speaker 6: inside Telegram and we believe this can change your life.
• 4:31
  Speaker 6: The first thing I want to announce is that as
• 4:34
  Speaker 6: of today, we're launching x Fridge, which is our bridge
• 4:37
  Speaker 6: for Xtox to move between chains. The second example that
• 4:41
  Speaker 6: I have here that is actually launching today.
• 4:44
  Speaker 4: Is lare mag seven.
• 4:46
  Speaker 6: The last thing I want to share today and announce
• 4:48
  Speaker 6: is export. Until today, issuings and redemption of xtox was
• 4:53
  Speaker 6: only against stable coins or fiat. Together with Alpaca, we
• 4:59
  Speaker 6: created a feature which we call export where big players,
• 5:02
  Speaker 6: our client's institutions can actually send us shares in kind
• 5:05
  Speaker 6: and we give them xtocs and vice versa foral redemption.
• 5:09
  Speaker 1: Obviously, from that news, crosschain is going to be one
• 5:12
  Speaker 1: of the biggest things. This will be on avax, etc.
• 5:15
  Speaker 1: The other thing is this is going to be able
• 5:17
  Speaker 1: to now invest in portfolios and basket, So this is
• 5:21
  Speaker 1: a big deal I think overall for xtoc. So kudos
• 5:25
  Speaker 1: to them. Let me go to another clip real quick,
• 5:27
  Speaker 1: because this is getting into a lot of other things
• 5:29
  Speaker 1: around wallets and Ledger made an announcement over at this
• 5:33
  Speaker 1: event as well. Take a look.
• 5:35
  Speaker 7: Why are we here because we love Solana and I
• 5:38
  Speaker 7: want to talk specifically about what Ledger is doing in
• 5:41
  Speaker 7: the Solana ecosystem today, So announcing the Solana edition Ledger Flex.
• 5:46
  Speaker 7: This is the Ledger recovery key. This is another secure
• 5:49
  Speaker 7: chip inside this little piece of plastic. Let's talk about
• 5:54
  Speaker 7: what we've done with Solana this year. The biggest thing
• 5:57
  Speaker 7: is supporting spl How I was going to add one
• 6:04
  Speaker 7: more thing, Okay, I understand what happened. I'm also going
• 6:08
  Speaker 7: to announce we have we're announcing today also a bonk
• 6:14
  Speaker 7: edition Ledger device.
• 6:17
  Speaker 1: Well well, well, the Ledger boys have struck out again
• 6:20
  Speaker 1: and they did it on stage at break Points, so
• 6:23
  Speaker 1: kudos to you guys. Let's go to Soulflair. Maybe they
• 6:25
  Speaker 1: had something good to say about revealing how to really
• 6:29
  Speaker 1: use assets and wallets.
• 6:31
  Speaker 4: Take a look.
• 6:32
  Speaker 8: When a safe crypto journey starts at one hundred and
• 6:35
  Speaker 8: fifty dollars, countless people are shut out before they can
• 6:39
  Speaker 8: even begin. And that's why I can present to you
• 6:41
  Speaker 8: the Soulflair Shields as it works exclusively with Soulflair and
• 6:55
  Speaker 8: offline ship. There are no screens, no cables, no bluetooth,
• 7:00
  Speaker 8: no batteries, and all of that starts at forty nine dollars.
• 7:05
  Speaker 8: For sixty nine dollars you get two shields. If a
• 7:08
  Speaker 8: pre order in the next two weeks, you'll also get
• 7:11
  Speaker 8: an awesome promo deal.
• 7:12
  Speaker 1: All right, So the good thing is is that well
• 7:14
  Speaker 1: Tangum has already done this multi chain. They have won
• 7:18
  Speaker 1: this game already. This of course, you can go out
• 7:20
  Speaker 1: there and get a ten percent off right there, and
• 7:22
  Speaker 1: of course it's even a little bit more. If you
• 7:24
  Speaker 1: go to the two card set, you can get it
• 7:26
  Speaker 1: for forty nine bucks and that's pretty much all the time.
• 7:29
  Speaker 1: Get the What I would do though, is get the
• 7:31
  Speaker 1: second set for fifty percent off. Also get the three
• 7:34
  Speaker 1: card set if you want to really start to do
• 7:36
  Speaker 1: some things in self custody. And the cool thing there
• 7:39
  Speaker 1: it's on Salana. If there am you can hold your
• 7:41
  Speaker 1: XRP there.
• 7:42
  Speaker 7: It is the.
• 7:43
  Speaker 1: Way to do self custody. So sad to see that
• 7:47
  Speaker 1: they have not really kind of capitalized on all of that.
• 7:49
  Speaker 1: Let me go to another clip, and this, of course
• 7:52
  Speaker 1: is Phantom and Calshi partnering up.
• 7:55
  Speaker 4: Take a look today.
• 7:56
  Speaker 9: I'm excited to announce that starting next week we're rolling
• 7:59
  Speaker 9: out prediction markets natively within Phantom, in partnership with call
• 8:04
  Speaker 9: Sheet and Dflow, chat with other traders live and three
• 8:08
  Speaker 9: use any Solana Tookento trade so no depositing required, so
• 8:11
  Speaker 9: you can trade with soul usac cash or maybe even
• 8:15
  Speaker 9: the leftover fart coin that you have from earlier this year.
• 8:19
  Speaker 1: I don't know who's going to win this. I mean,
• 8:21
  Speaker 1: you've got Polymarket entering the US, You've got Coinbase now
• 8:24
  Speaker 1: entering the prediction markets, You've got all of this happening
• 8:28
  Speaker 1: within the Solana ecosystem. There's going to be some casualties.
• 8:31
  Speaker 1: Let me know in the comments, who do you think
• 8:33
  Speaker 1: are going to win this predicted market side of things.
• 8:36
  Speaker 1: Let me jump over to another one because this is
• 8:38
  Speaker 1: one that's close to me, and that is the use
• 8:41
  Speaker 1: of gift cards. And the reason I say this because
• 8:43
  Speaker 1: it's retail. Retail will utilize gift cards in a big way. Well,
• 8:47
  Speaker 1: the way that blockchain is doing this is a thing
• 8:50
  Speaker 1: called smart cards. Take a look at what.
• 8:52
  Speaker 10: Was revealed is I think we finally corracked it. And
• 8:56
  Speaker 10: that's why we're going big today with Solana to launch
• 8:59
  Speaker 10: smart cards. They're programmatic by design, such as weather scores events.
• 9:05
  Speaker 10: So when we're working with brands like AMC Theaters and
• 9:08
  Speaker 10: it happens to rain in a city like Miami where
• 9:10
  Speaker 10: I'm from, AMC Theaters can programmatically offer fifty percent discounts
• 9:15
  Speaker 10: to the theaters to get people to go to go
• 9:17
  Speaker 10: to the movies. And the good news is we're live.
• 9:21
  Speaker 10: That number will scale to millions as we continue to
• 9:24
  Speaker 10: bring more retailers into our platform, brands such as best
• 9:27
  Speaker 10: Buy or Darden, Restaurant Group or CVS just to name
• 9:30
  Speaker 10: a few. And there's a token that's coming in the
• 9:32
  Speaker 10: first half of next year.
• 9:35
  Speaker 1: All right, so good news there. I think this will
• 9:37
  Speaker 1: benefit the gift card industry as we start to see
• 9:40
  Speaker 1: a lot of migration for retail into blockchain, and I
• 9:43
  Speaker 1: can only imagine the amount of opportunity this is going
• 9:46
  Speaker 1: to be. Whether is a big factor in a lot
• 9:48
  Speaker 1: of retail businesses. The fact that they can go into
• 9:51
  Speaker 1: that and create it a connection into the blockchain is
• 9:54
  Speaker 1: pretty cool. Other things that happen, which is very important,
• 9:58
  Speaker 1: and that is the idea of on ramps and off ramps. This,
• 10:03
  Speaker 1: of course, is a glimpse into the future of what
• 10:06
  Speaker 1: this might look like down the road.
• 10:08
  Speaker 10: Take a look.
• 10:09
  Speaker 11: I'm going to show you a personal banking screen. It'll
• 10:12
  Speaker 11: work for both corporate and personal banking. When we launch,
• 10:14
  Speaker 11: and see your available balance, click mint and redeem one
• 10:17
  Speaker 11: click very easy brings us over here we can choose
• 10:20
  Speaker 11: to mint or redeem. One click there we go up
• 10:23
  Speaker 11: to two clicks now and then we select a network,
• 10:27
  Speaker 11: so you select Solana and then you go and select
• 10:30
  Speaker 11: a wallet. We're going to mint directly into a DeFi wallet,
• 10:34
  Speaker 11: and then obviously you have to confirm the selection last
• 10:39
  Speaker 11: bit enter the amount that you want. It's personal banking.
• 10:41
  Speaker 11: We'll go with ten thousand for right now. You can
• 10:44
  Speaker 11: see USDC. You could also mint USDT. You could also
• 10:48
  Speaker 11: We'll also be releasing other stable coins in the very
• 10:51
  Speaker 11: near term. So select mint now. That just takes a
• 10:54
  Speaker 11: couple of seconds.
• 10:54
  Speaker 7: Done.
• 10:55
  Speaker 11: Confirmations there you can click confirm and buy. When you
• 10:58
  Speaker 11: click confirm, it take opens up the DeFi wall on
• 11:01
  Speaker 11: your phone, so you can see the balance in the
• 11:02
  Speaker 11: other location. There we go, balance has been adjusted in
• 11:05
  Speaker 11: the bank. Five clicks, one entry point.
• 11:07
  Speaker 4: There we are.
• 11:09
  Speaker 1: That is something I think that you need to pay
• 11:12
  Speaker 1: attention to in the banking ecosystem. We are going to
• 11:15
  Speaker 1: see so many new financial instruments here in the next
• 11:18
  Speaker 1: eighteen months. It is going to be unreal. It's just
• 11:21
  Speaker 1: like at the top of the show and we talked
• 11:22
  Speaker 1: about Ripple getting their banking license. What is going to
• 11:25
  Speaker 1: come out of that in terms of innovative models for
• 11:28
  Speaker 1: you as a consumer, as a business to be able
• 11:31
  Speaker 1: to really start utilizing blockchain in banking and getting past
• 11:35
  Speaker 1: all of the gatekeepers that have pretty much held its
• 11:38
  Speaker 1: hostage for so long in the past. Let me go
• 11:41
  Speaker 1: to another clip. This, of course, is the award for
• 11:44
  Speaker 1: the most announcements I feel like, and that was Jupiter.
• 11:46
  Speaker 1: Take a look.
• 11:47
  Speaker 12: Today, I'm incredibly excited to announce that Jupiter lend is
• 11:51
  Speaker 12: officially coming out of beta. Jupiter len is now open
• 11:54
  Speaker 12: source as well. Today we are launching Jupiter Terminal. As
• 11:58
  Speaker 12: of today, we are launching my favorite feature, wallet tracking.
• 12:01
  Speaker 12: We are officially launching the Jupiter Developer platform. And today
• 12:05
  Speaker 12: I'm excited to announce jupusd will be launching late next
• 12:09
  Speaker 12: week and then a third use case is going to
• 12:11
  Speaker 12: go live in Q one of next year. This one
• 12:13
  Speaker 12: is going to be really fun. I'm thrilled to announce
• 12:15
  Speaker 12: that Jupiter has acquired Rainfi.
• 12:19
  Speaker 4: As it does now. Yeah, shout out.
• 12:20
  Speaker 12: To rain Fi, and together with them, we are going
• 12:22
  Speaker 12: to be building towards a future where there's a money
• 12:24
  Speaker 12: market for every asset, where every mean coin, every RWA
• 12:28
  Speaker 12: and every commodity can actually earn yield as well. And
• 12:30
  Speaker 12: it's going to be launching in Q one of next year.
• 12:32
  Speaker 12: Today we are also launching the Jupiter Rewards Hub, a
• 12:36
  Speaker 12: one million dollar prize pool for the rewards Hub. Anyone
• 12:40
  Speaker 12: who trades on terminal, who trades on mobile or the
• 12:43
  Speaker 12: wallet will be eligible to get a piece of this
• 12:45
  Speaker 12: prize pool.
• 12:46
  Speaker 1: All thanks, All right, So a lot of announcements there
• 12:49
  Speaker 1: by Jupiter as they continue to dominate the Salana ecosystem
• 12:54
  Speaker 1: out there. Let's go into this next clip which breaks
• 12:57
  Speaker 1: into leverage in the Salona ecosystem without the chaos.
• 13:01
  Speaker 4: Take a look right now, you really have two options.
• 13:04
  Speaker 13: You know. Option one you can go full dj in mode.
• 13:06
  Speaker 13: You know it's purpose, it's margin. You know there's liquidation risk,
• 13:10
  Speaker 13: it's fun until it isn't. Option two is just hold spot.
• 13:14
  Speaker 13: We really need a third path leverage that feels like
• 13:17
  Speaker 13: holding spot, you know, the conviction without chaos. And these
• 13:20
  Speaker 13: are turbotokens. Turbotokens are leverage exposure package into a single token.
• 13:25
  Speaker 4: You're not managing a position.
• 13:27
  Speaker 13: You're holding an asset, but it performs like leverage because
• 13:30
  Speaker 13: they have dynamic leverage range so tokens like these in
• 13:33
  Speaker 13: the past been peg to a three X or a
• 13:34
  Speaker 13: four X or a two x whatever that is. It
• 13:37
  Speaker 13: has built in risk management and monitoring. You know, you're
• 13:39
  Speaker 13: protected against liquidation on these things. It really says, hey,
• 13:43
  Speaker 13: there's no chaos, there's no babysitting this position anymore. It
• 13:46
  Speaker 13: feels like spot but performs like leverage.
• 13:50
  Speaker 1: That's a cool feature. It'll be it'll be good if
• 13:53
  Speaker 1: they can implement this across some other ecosystems. And I
• 13:57
  Speaker 1: think if that becomes, you know, kind of a model
• 13:59
  Speaker 1: going forward, this could be very positive for trading for sure.
• 14:02
  Speaker 1: Let me go to another clip because this gets into gold.
• 14:05
  Speaker 1: This redemption network around Solana being involved in this, This
• 14:09
  Speaker 1: could change how you go out and buy gold and
• 14:12
  Speaker 1: earn yield on gold. So take a look.
• 14:16
  Speaker 14: Or it's introducing that redemption network allowing you to redeem
• 14:19
  Speaker 14: for your gold tokens across multiple locations globally. We're starting
• 14:23
  Speaker 14: with more than five locations and aim to expand this
• 14:27
  Speaker 14: overtime to tap into multiple institutional gold hubs around the world.
• 14:31
  Speaker 14: So pretty simple, choose the locations that you want that
• 14:34
  Speaker 14: you want to redeem in, and this is all processed
• 14:37
  Speaker 14: on chain. Today, we are introducing the first yield primitive
• 14:42
  Speaker 14: for gold. Ever. This will be live on Solana within
• 14:46
  Speaker 14: the next few weeks. The starting yield is at three percent,
• 14:49
  Speaker 14: but we expect this to grow as on chain markets
• 14:52
  Speaker 14: and yield markets around the base gold token growth.
• 14:57
  Speaker 1: All right, so this could be good for gold and
• 15:00
  Speaker 1: it will be good for gold in general. This will
• 15:02
  Speaker 1: also I think entice maybe new investors in gold. But
• 15:06
  Speaker 1: I think what you're also going to do here is
• 15:09
  Speaker 1: create a little bit of competition because I imagine Tether
• 15:11
  Speaker 1: and others paxos probably that could eventually get to this scale.
• 15:16
  Speaker 1: And of course their distribution is pretty significant around gold
• 15:20
  Speaker 1: as a whole, so it'll be good to see if
• 15:22
  Speaker 1: they if these guys can grow and get distribution going forward.
• 15:25
  Speaker 1: Galaxy Digital has become the biggest Solana maxi out there
• 15:30
  Speaker 1: on Wall Street. Take a look at what they had
• 15:32
  Speaker 1: to say.
• 15:33
  Speaker 4: Galaxy Digital is on the NASDAC.
• 15:36
  Speaker 15: We went to the sec and we said, we are
• 15:39
  Speaker 15: tokenizing these securities and where did we do it.
• 15:42
  Speaker 4: We did it on Solana.
• 15:43
  Speaker 15: We are also working with State Street on a tokenized
• 15:45
  Speaker 15: money market fund. We are also going to be building
• 15:48
  Speaker 15: a prime brokerage on chain.
• 15:50
  Speaker 4: We are one of the largest double zero switch operators.
• 15:54
  Speaker 15: This right here is so important, and that is just
• 15:57
  Speaker 15: one of many things that we are going to be doing.
• 16:00
  Speaker 4: Issue shares in exchange for cash.
• 16:03
  Speaker 15: What if we could issue shares on chain in exchange
• 16:06
  Speaker 15: for soul? How much more efficient would that be? Well,
• 16:09
  Speaker 15: what about on chain token offerings. Galaxy and Jump are
• 16:13
  Speaker 15: going to be launching a prop amm on chain prices
• 16:16
  Speaker 15: are better than binance prices. It's a massive success. We
• 16:20
  Speaker 15: want Solana to be so dominant, to have such good
• 16:23
  Speaker 15: prices that when you look at the Nasdaq price for
• 16:27
  Speaker 15: Ford Industries and you look at the Salona price for
• 16:29
  Speaker 15: Ford Industries, you want to buy on Solana.
• 16:32
  Speaker 4: That is the end state. Young people are struggling.
• 16:35
  Speaker 15: If we don't succeed at that, the future for young
• 16:38
  Speaker 15: people is going to be very bleak.
• 16:39
  Speaker 4: Thank you very much. I appreciate it.
• 16:41
  Speaker 3: Well.
• 16:41
  Speaker 1: Do one thing I like here is the excitement. This
• 16:44
  Speaker 1: guy is pumped up about this advancement. Of course, Galaxy
• 16:47
  Speaker 1: Digital is a major player on Wall Street. The fact
• 16:49
  Speaker 1: that they're trying to reformat a lot of how this
• 16:53
  Speaker 1: will save people money in the future. That's a good thing.
• 16:56
  Speaker 1: I think this is very nice. You know, as we
• 16:58
  Speaker 1: move forward, Matt Logan was also there talking about how
• 17:02
  Speaker 1: Wall Street values Solana today.
• 17:05
  Speaker 16: Take a look, this is a study we do every year.
• 17:08
  Speaker 16: How do they want to invest in crypto? Every single year?
• 17:12
  Speaker 16: It's ETFs at about a seventy percent rate. Again, you
• 17:15
  Speaker 16: may wonder why they work about fifty five hours a week.
• 17:19
  Speaker 16: They spend five hours of that on investment management. Their
• 17:23
  Speaker 16: average allocation to crypto might be one percent of their portfolio.
• 17:27
  Speaker 16: That means each week they spend three minutes studying and
• 17:31
  Speaker 16: thinking about.
• 17:32
  Speaker 4: The crypto market.
• 17:33
  Speaker 16: That is actually how the numbers knit out.
• 17:36
  Speaker 2: These metrics look pretty good if you compare them to
• 17:39
  Speaker 2: like an Uber and Airbnb. These public companies like these
• 17:42
  Speaker 2: are all pretty solid metrics. If we assume Slana gets
• 17:45
  Speaker 2: five percent of the entire tokenization market in twenty thirty,
• 17:48
  Speaker 2: which is BCG forecast, basically nine trillion of assets, that's
• 17:52
  Speaker 2: four fifty billion of aum that moves on chain. With
• 17:55
  Speaker 2: the fifty times priced earnings multiple, you can get to
• 17:59
  Speaker 2: a trillion dollar market cap in a thousand dollars token.
• 18:02
  Speaker 4: This is what Wall Street wants, all right.
• 18:05
  Speaker 1: Well, this is I like the aggressive nature of how
• 18:08
  Speaker 1: Solana is announcing all these things over a breakpoint, and
• 18:11
  Speaker 1: the fact that it has such a variety and dive
• 18:15
  Speaker 1: ins in different categories within blockchain, across Wall Street, traditional finance.
• 18:20
  Speaker 1: This is all good news. I'm surprised we have not
• 18:22
  Speaker 1: seen more out there on social really kind of touting
• 18:26
  Speaker 1: this stuff. And I know our team had to go
• 18:28
  Speaker 1: through literally I think it was like thirty hours of
• 18:31
  Speaker 1: scrubbing video just to get to these kind of clips.
• 18:33
  Speaker 1: For you guys, hopefully you appreciate that. Drop some comments
• 18:36
  Speaker 1: down below, make sure and hit the Solana Foundation let
• 18:39
  Speaker 1: them know that we put out the first big recap
• 18:41
  Speaker 1: out there, and subscribe to the show right now. If
• 18:44
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• 18:48
  Speaker 1: It's a free member group that you guys can join.
• 18:51
  Speaker 1: You have to do is hit the link down below
• 18:53
  Speaker 1: and get going. Follow me on next it's at Paul Baron.
• 18:56
  Speaker 1: We'll catch you next time right here on the Paul
• 18:57
  Speaker 1: Baron Show.
• 19:01
  Speaker 11: How did you do