Latest / The Paul Barron Crypto Show / Google Chooses Ethereum🚨Institutions Are Loading Up🚀

Transcript

Google Chooses Ethereum🚨Institutions Are Loading Up🚀 · The Paul Barron Crypto Show

0:06
Speaker 1: Could we see institutional really shifting into an eighth platform today,
0:10
Speaker 1: we'll break it down for you. My name is Small Barrel,
0:12
Speaker 1: Welcome back in the tech path. I want to thank
0:14
Speaker 1: our sponsor today. That's Coinbase. Coinbase is a place for
0:16
Speaker 1: you guys to go and get started in crypto and
0:19
Speaker 1: it's very easy to get enrolled. Get started. You connect
0:22
Speaker 1: it to your bank account, put a little bit of
0:24
Speaker 1: money in there and make your first trade where you
0:26
Speaker 1: go out and buy some ethereum bitcoin, whatever it might be, It'slana,
0:29
Speaker 1: you name it. It's all available right there. The future
0:31
Speaker 1: of money is here. Use our link down below. You're
0:33
Speaker 1: going to get up to two hundred bucks in crypto
0:36
Speaker 1: to get started. Keyword. They're up to two hundred dollars,
0:39
Speaker 1: so check it out. Use our link.
0:41
Speaker 2: Now.
0:41
Speaker 1: We've been talking about this topic for quite some time,
0:44
Speaker 1: and that is is that major institutions and investment categories
0:49
Speaker 1: are starting to look at Ethereum over bitcoin for the
0:52
Speaker 1: future potential of where blockchain is going. We all know why.
0:55
Speaker 1: I mean, the idea of ethereum is a working blockchain,
0:59
Speaker 1: and this is something we've covered for quite a bit.
1:02
Speaker 1: That was a good example of Microsoft right there but
1:05
Speaker 1: CME group was going to introduce tokenization technology now to
1:09
Speaker 1: enhance capital market efficiency and they're using Google Clouds new
1:13
Speaker 1: Universal Ledger. And this is kind of interesting because when
1:16
Speaker 1: you look at cm let me kind of zoom in
1:18
Speaker 1: on that for you guys, you'll notice that they offer
1:21
Speaker 1: this exchange offers the widest range of global bench more
1:23
Speaker 1: products across all sorts of things, interesting, equity, foreign exchange,
1:27
Speaker 1: is energy, you name it. These guys are involved in
1:30
Speaker 1: a lot of that. So again this is very positive
1:32
Speaker 1: I think for the eight blockchain in general. They also
1:36
Speaker 1: reported record annual adv of twenty six point five million contracts,
1:41
Speaker 1: so that's the amount of contracts that are in the
1:44
Speaker 1: system right now, and they're looking at growing that across
1:47
Speaker 1: all asset classes. So one of the things I want
1:50
Speaker 1: to jump to is Google, because Google has launched their
1:52
Speaker 1: Ethereum compatible blockchain RPC service. Now, this is an issue
1:56
Speaker 1: that caused a little bit of a struggle because they
1:59
Speaker 1: did run into the transactional side of things. So within
2:03
Speaker 1: this you've got Google Cloud, dontch Telecom, Alibaba, quite a
2:06
Speaker 1: few that are now joining Zeta chain as which is
2:10
Speaker 1: running on Ethereum. So let me go to a clip
2:12
Speaker 1: real quick kind of explain this a little bit more.
2:14
Speaker 3: Take a look Zeta chain collaborates with Google Cloud to
2:18
Speaker 3: activate a validator on the blockchain, supporting fully compatible universal
2:24
Speaker 3: apps that spend all chains.
2:27
Speaker 4: From our perspective at Google, wasn't just the large institutions
2:31
Speaker 4: that we were going after, but it would also be
2:34
Speaker 4: sort of the newer developers who are looking to build
2:37
Speaker 4: and not rack up a ton of costs.
2:39
Speaker 5: So, you know, that is probably best born out by
2:41
Speaker 5: the fact that we have currently an Ethereum RPC service
2:44
Speaker 5: that's you know, one hundred qps free, and so the
2:47
Speaker 5: goal is to really provide the developer tooling not just
2:49
Speaker 5: for a couple chains, but for every chain that we can.
2:52
Speaker 1: So, as you can see here on Zata scan, they're
2:54
Speaker 1: already starting to move into cross train transactions right now
2:57
Speaker 1: one point three million right there. But if you look
2:59
Speaker 1: at the train as actions themselves, they're already moving in
3:02
Speaker 1: right there between polygon base, et cetera. This of course
3:05
Speaker 1: starts to go into the next phase of this, and
3:08
Speaker 1: this is where aglare comes in. This is kind of interesting.
3:11
Speaker 1: Aglair is going to able one click chain, a line
3:14
Speaker 1: stable coin with deep liquidity. This is where it changes
3:17
Speaker 1: TVL altogether. It's really going to be an interesting, I
3:21
Speaker 1: think transition that we'll see in blockchain and all of
3:24
Speaker 1: this again is because blockchain could be the new driving
3:28
Speaker 1: force here around a lot of these assets. So polymarket
3:31
Speaker 1: is launching on enabling Solana deposits. This is another thing.
3:35
Speaker 1: This is kind of an interesting move because I think
3:37
Speaker 1: a lot of people were very happy I guess maybe
3:40
Speaker 1: of what this meant. However, there's a little bit of
3:43
Speaker 1: a hidden got you there. Solana community is celebrating an
3:47
Speaker 1: EVM app implementing a bridge to off ramp Soul from
3:51
Speaker 1: their ecosystem. Then you could dump it for USDC and
3:56
Speaker 1: then you use it on an eathl too. So that
3:59
Speaker 1: is that's a bit of an interesting move there, And
4:03
Speaker 1: I think the point being is is that where this
4:06
Speaker 1: could take is continues to showcase why eath could be
4:09
Speaker 1: a sleeper in this market. Other things I want to
4:13
Speaker 1: hit on right now is polygon proof stake should be
4:16
Speaker 1: using account abstraction. One note they had here is this
4:19
Speaker 1: will become even easier for to to do on apps
4:22
Speaker 1: on any chain once that aglair. Let me kind of
4:25
Speaker 1: zoom in on that is fully distributed across all changes
4:27
Speaker 1: that's coming, and that will really start to change things
4:30
Speaker 1: quite a bit. Let me go to this next clip
4:32
Speaker 1: because this will give you a little bit more insight
4:34
Speaker 1: on what ag lare will do to boost ethereum.
4:37
Speaker 6: Take a look on the side of like the AG layer.
4:40
Speaker 6: That's the direction that we will be pointing people towards
4:42
Speaker 6: very shortly. It's using any sort of liquidity that you
4:45
Speaker 6: have in your wallet, connecting it to a seamless connectivity
4:48
Speaker 6: layer that allows you to play anywhere, right regardless if
4:50
Speaker 6: it's hole in your wallet, regardless if you have sole
4:52
Speaker 6: on your wallet, whatever it is. We're building the rails
4:55
Speaker 6: to ensure that these things work that much more seamless.
4:57
Speaker 6: If you add up all the teams that are pointing
5:00
Speaker 6: towards the AG layer, you're adding up eighty five percent
5:02
Speaker 6: of the gaming ecosystem as a whole.
5:05
Speaker 1: All right, So he's talking about the gaming ecosystem right there,
5:08
Speaker 1: And if you think about gaming ecosystem, then you've got
5:11
Speaker 1: to kind of look at what's going on with on
5:13
Speaker 1: chain usage right now on Sonium, and this continues to
5:17
Speaker 1: trend up, so we're probably going to see a little
5:19
Speaker 1: bit more activity here. This is kind of another good
5:22
Speaker 1: example of this on Polygon. Look at this right here.
5:26
Speaker 1: Let me kind of zoom in on this, because I
5:27
Speaker 1: don't think we can show that Polygon flips base by
5:29
Speaker 1: a number of addresses now using USDC. So again, big
5:33
Speaker 1: strike up. Maybe Polygon is super undervalued right now. I
5:37
Speaker 1: don't know. Let me know down in the comments what
5:38
Speaker 1: you guys think. How would you play some of these investments?
5:41
Speaker 1: Are you holding Ether over Soul? Would you bet on both?
5:45
Speaker 1: Is Polygon in your portfolio right now? Let me know
5:48
Speaker 1: what you guys are doing. Let me go over to
5:50
Speaker 1: this Visa report. This shows remember Visa chose poly or
5:53
Speaker 1: excuse me, chose Salana, and you can already see right
5:57
Speaker 1: here on total that Polygon is actually outpacing Salona. Let
6:01
Speaker 1: me kind of zoom in on that right there, at
6:02
Speaker 1: two point seven versus two point two. All right, so
6:04
Speaker 1: let me show you something here on tokenized private credit
6:07
Speaker 1: and this is kind of interesting. Let's go over here
6:09
Speaker 1: and I'll zoom in on this chart and you'll notice
6:12
Speaker 1: right here, obviously Ethereum the top dog here that we're
6:16
Speaker 1: talking about, but you also look at Polygon's move over Solana.
6:20
Speaker 1: This is intriguing because it's almost seven ex that with that,
6:24
Speaker 1: along with other real world asset data, this is institutional
6:27
Speaker 1: alternative funds again, eth leading out the way in terms
6:32
Speaker 1: of overall growth continues to climb up too, so tokenized
6:35
Speaker 1: assets and securities in general. This could be the beginning
6:40
Speaker 1: of where a lot of these institutions are truly starting
6:43
Speaker 1: to make their choice going forward on ethereum, and I
6:46
Speaker 1: think this is the factor that everybody's looking at. Let
6:49
Speaker 1: me hit on another headline right here. XRP surged at
6:52
Speaker 1: Solona's futures ETFs made an unremarkable twelve million dollars debut,
6:56
Speaker 1: meaning simply, when you look at the potent of what
7:00
Speaker 1: these ETFs can do ripple XRP banker's coin bank coin
7:05
Speaker 1: using potential cross border transactions. Solana is all about fast
7:10
Speaker 1: and easy, and I think that's the scenario because there's
7:13
Speaker 1: a lot of chains that are going faster than Solana
7:16
Speaker 1: even right now. Now, Bloomberg tried to break this down
7:18
Speaker 1: a little bit. Take a look.
7:20
Speaker 7: They're just futures, yes, but then it's still a big
7:22
Speaker 7: thing because it's the first Salona linked product and everyone
7:24
Speaker 7: is excited, especially crypto Faithful's so ETHERUS and old coin,
7:27
Speaker 7: but it's the biggest old coin, and then Solana is
7:29
Speaker 7: the next. It's actually the sixth largest old coin, but
7:32
Speaker 7: it's an old coin. Okay, so this this mean it
7:34
Speaker 7: paves the way for all other aut coins that there's XRP,
7:37
Speaker 7: so that's why everyone is pretty excited. Either is the
7:40
Speaker 7: backbone of the Ethereum blockchain.
7:42
Speaker 1: What does Salona bring to the table here?
7:44
Speaker 7: You can just think of it as the rival of Ethereum,
7:46
Speaker 7: and in fact many would say that it's even better
7:48
Speaker 7: in Ethereum in some ways, it's faster, it's a little
7:51
Speaker 7: cheaper by some metrics. But then XRP is the fourth
7:54
Speaker 7: largest coin, but it has some legal challenges.
7:58
Speaker 6: What specifically are folks in the chef world looking for.
8:01
Speaker 7: Last week, there was an ETF that tracks pengu So
8:05
Speaker 7: it's a cute little penguin. I urge you to google it.
8:07
Speaker 7: After it's an NFT. There's one that's called.
8:10
Speaker 1: Sui, right, so that's Bloomberg. That's one of the top
8:14
Speaker 1: financial networks out there. That's a problem I think for
8:17
Speaker 1: crypto in general is understanding if traditional institutions don't truly
8:22
Speaker 1: understand what the benefits of many of these tokens and
8:25
Speaker 1: projects can bring to the table. It's going to be
8:29
Speaker 1: difficult for us to see investment going in now, granted institutions.
8:32
Speaker 1: I think, you know, when you think about the nerds
8:35
Speaker 1: of institutions who are trying to figure out what rails
8:37
Speaker 1: to go on, they probably get it a little bit more.
8:39
Speaker 1: But I think from the front side of it, many
8:42
Speaker 1: people are trying to figure out what do you invest in.
8:45
Speaker 1: Here's a good example of easy to understand this is
8:47
Speaker 1: going over to cryptoslam. This is where people that are collectibles.
8:51
Speaker 1: If you're a Pokemon collectible, you know all about this
8:53
Speaker 1: collector out there. But Courtyard is the number one place
8:55
Speaker 1: where this is happening. Again, riding on Polygon for those
8:59
Speaker 1: transactions current if you look at NFT sales by volume,
9:03
Speaker 1: eth still leads the way. But guess who number two
9:06
Speaker 1: is right now, Polygon coming in right there again over
9:09
Speaker 1: Mintho's chain based bitcoin, and then Salana all the way
9:11
Speaker 1: down here. So they definitely have not necessarily positioned themselves
9:16
Speaker 1: out of NFT. Maybe they were known as the meme
9:18
Speaker 1: coin token, But I think what you've got to get
9:21
Speaker 1: is a differentiator in the market to be able to
9:24
Speaker 1: really excel into this next level. This is going to
9:27
Speaker 1: be super important because as we move into mainstreaming crypto
9:32
Speaker 1: and blockchain, getting a good message out of these blockchains
9:36
Speaker 1: is going to be critical going forward. Now a good message,
9:39
Speaker 1: let's talk about that. You got Bitcoin maxi issues right here,
9:42
Speaker 1: because you've got a stable coin now on Ethereum coming
9:45
Speaker 1: in from Custodia Bank, who right there launched an ERC
9:49
Speaker 1: twenty standard eight main net stable coin. That's right, guys,
9:54
Speaker 1: that's where bitcoin lovers now realize they're having to go
9:57
Speaker 1: and utilize the ERC twenty standard for the stable coins
10:01
Speaker 1: and the potential. We're going to see a lot of
10:03
Speaker 1: banks and other entities launching stable coins, and obviously I
10:07
Speaker 1: think it's going to be mostly on ERC. Let's talk
10:10
Speaker 1: about securities real quick. We've had Carlos on the show before.
10:13
Speaker 1: Remember they're very tied into black Rock, but Biddle is
10:16
Speaker 1: now on Solana. This again is like a year later.
10:19
Speaker 1: We've already seen this activity on Avalanche eth clearly, and
10:23
Speaker 1: for them to go now on or at least on Solana,
10:26
Speaker 1: I don't know is this the third selection or not.
10:29
Speaker 1: I think it still is going to be a major
10:32
Speaker 1: factor for both avalanche and eth going forward on token
10:35
Speaker 1: is securities. Let's jump over to this event right here,
10:38
Speaker 1: which is exchanged twenty twenty five. This is essentially all
10:41
Speaker 1: the all stars of the ETF world, and this is
10:45
Speaker 1: important because it will give us a little bit of
10:47
Speaker 1: an insight where this market is trending. To take a
10:51
Speaker 1: look at this next clip.
10:52
Speaker 8: You don't get a chance to have these kinds of
10:54
Speaker 8: all stars. And those who don't know we're in a
10:56
Speaker 8: gigantic convention hall. Our viewers love their money market funds.
11:01
Speaker 8: I mean, four percent makes perfect sense to them. That
11:05
Speaker 8: is a very sticky group of people. It is hard
11:07
Speaker 8: to move them out even with twenty percent twenty two
11:09
Speaker 8: percent in the S and P five hundred. Last year,
11:12
Speaker 8: we had what six trillion dollars in money market funds.
11:14
Speaker 1: They didn't move.
11:15
Speaker 8: We kept saying, when is this going to move? And
11:17
Speaker 8: it didn't move.
11:17
Speaker 2: Well, it didn't move. Those balances remain high and we
11:20
Speaker 2: saw a record for the ETF industry last year. So
11:23
Speaker 2: it goes to show you that money is coming from
11:24
Speaker 2: somewhere else, and it's actually a bullish sign for additional flow.
11:28
Speaker 8: I've had issues with bitcoin and a use case for
11:31
Speaker 8: bitcoin for a while, I've been a big backer of
11:33
Speaker 8: blockchain in general. Is bitcoin a unique use case in
11:37
Speaker 8: the crypto community or can you do it with ether?
11:40
Speaker 8: Solano or other forms.
11:42
Speaker 9: Of Ethereum and a lot of other digital assets are
11:44
Speaker 9: more kind of a bed on the disruptive abilities of
11:47
Speaker 9: watching technology.
11:48
Speaker 8: More broadly, it's mostly retail still going in there.
11:51
Speaker 9: So it's about fifty percent retail, twenty percent advisors, and
11:54
Speaker 9: about thirty percent institutions. Is the breakdown today, and I
11:57
Speaker 9: think it's still very early innings for those latter two.
12:00
Speaker 2: I think another iteration that we're also going to see
12:03
Speaker 2: and certainly in some of the filings, has been index
12:06
Speaker 2: based products.
12:07
Speaker 1: I think the most recent one was for a pudgy
12:10
Speaker 1: penguins etf all right, so they hit on a few
12:15
Speaker 1: things there. One of the things was the split on
12:17
Speaker 1: the market sectors, meaning retail holding about fifty percent and
12:21
Speaker 1: institutional still early. That is exactly the opposite where it
12:26
Speaker 1: should be in most cases where we will see this
12:28
Speaker 1: in the future, I think institutions will play a bigger
12:30
Speaker 1: role of this and retail will play a much smaller
12:34
Speaker 1: role now. Granted, many people are still investing more cash
12:38
Speaker 1: off the sidelines into these kind of assets, and I
12:40
Speaker 1: think that's a big bullish sign as well. They mentioned
12:42
Speaker 1: that in the clip and I would agree with that,
12:44
Speaker 1: I think because it's not coming out of the money market,
12:46
Speaker 1: so that means they've got their safe cash over here,
12:49
Speaker 1: but they're looking at new investment opportunities coming out of
12:52
Speaker 1: that liquidity into the market. That is bullish overall. I
12:55
Speaker 1: want to go to because this is another thing that
12:57
Speaker 1: is bullish I think for at least eight and that
13:00
Speaker 1: is that Bitwise just drops some fire. And this is
13:02
Speaker 1: in reference to filing a staking to its Ethereum etf.
13:06
Speaker 1: This would be huge because again it could move some
13:08
Speaker 1: of those people in money markets off high center into
13:13
Speaker 1: Ethereum ETFs, which could have higher yields than those money markets.
13:17
Speaker 1: So I'll be watching that as we get a little closer.
13:20
Speaker 1: Here's Matt. He's talking about eth being the leader.
13:22
Speaker 10: Take a look, what are they excited about. They're stated
13:25
Speaker 10: about stable coins, they're excited about tokenization, they're excited about
13:29
Speaker 10: agentic AI. If I look at who's the market leader
13:32
Speaker 10: in those three areas, Ethereum has the largest share of
13:35
Speaker 10: stable coin issue in it's It has by far the
13:38
Speaker 10: largest share in the tokenization market. It's the leader in
13:41
Speaker 10: the agentic ai space. If you just look at where
13:44
Speaker 10: the demand is bubbling up, it's still bubbling up on
13:47
Speaker 10: ETH and ETH layer twos. But anyone writing off Ether
13:51
Speaker 10: is ignoring the fact that that's where the users still
13:54
Speaker 10: are in the things people think are going to be
13:57
Speaker 10: multi trillion dollar markets in the near I don't worry
14:01
Speaker 10: about the stability to monetize. That it'd be like Facebook
14:04
Speaker 10: if it adds two years after it was formed, it
14:07
Speaker 10: was too early. What I worry about is are the
14:09
Speaker 10: things that are going to be multi trillion dollar markets
14:12
Speaker 10: being built, at least in part on eth. And when
14:15
Speaker 10: I look at those three things, Eth is the leaders, all.
14:19
Speaker 1: Right, So he has had a very interesting there case there,
14:22
Speaker 1: and that is multi trillion dollar markets being built on eth.
14:26
Speaker 1: If you look at the eighth chart right here, I
14:29
Speaker 1: mean this came in what at least on the local
14:31
Speaker 1: bottom right here, at around seventeen hundred. This is up
14:34
Speaker 1: almost in the last two weeks almost eighteen percent. So
14:37
Speaker 1: ETH in general, have we finally hit the bottom right there?
14:42
Speaker 1: Of bottom? We got to talk a look at Mattic
14:44
Speaker 1: right here. If you go back and of course this
14:46
Speaker 1: is treading on the new token signal. There's poll But
14:49
Speaker 1: you look at this right now, it's below where it's
14:52
Speaker 1: all time low was. So is this finally at its
14:55
Speaker 1: rock bottom right now? Is mattic Is Polygon getting ready
14:59
Speaker 1: to make a move obvious with this new potential opportunity
15:02
Speaker 1: that lies within the institutional scheme. We'll take a look
15:06
Speaker 1: at all that for you guys. If you're not in
15:07
Speaker 1: the diamond circle, make sure and get in right now.
15:09
Speaker 1: It's a great place to get additional content. Follow me
15:12
Speaker 1: on x at Paul Baron. We'll catch you next time
15:14
Speaker 1: right here on tech Path