In this episode, Santi and Yano kick off the episode by discussing the market's choppy consolidation period and comparing it to previous cycles. They delve into the emergence of social finance apps like Fantasy and Pump Dot Fun, and explore the dynamics of high FDV, low float tokens and the role of VCs in the industry. Santi then breaks down his Coinbase and Solana trades. To close out they touch on WIF's potential to become a dominant player in the Solana ecosystem. Thanks for tuning in!


Follow Jason:   / jasonyanowitz  
Follow Santiago:   / santiagoroel  
Follow Empire:   / theempirepod  

Subscribe on YouTube: https://tinyurl.com/4fdhhb2j
Subscribe on Apple: https://tinyurl.com/mv4frfv7
Subscribe on Spotify: https://tinyurl.com/wbaypprw

Start your day with crypto news, analysis and data from Katherine Ross and David Canellis. Subscribe to the Empire newsletter: https://blockworks.co/newsletter/empire'>https://blockworks.co/newsletter/empire

Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

Sei Labs believes the EVM is here to stay.

By providing the fastest time to finality of any chain, thousands of transactions per second and full backwards compatibility with the EVM, Ethereum developers can try out a brand new design space for their applications.

Try out sei v2 devnet visit the new sei.io to find out more.

This episode is brought to you by Aura, the AIpowered digital security protection app that keeps your personal information, passwords, online activity, and tech safe from digital threats. It’s allinone protection from identity theft, financial fraud, malware, scams, and more.

For a limited time, Aura is offering our listeners a 14day FREE trial plus up to 55% off an Aura subscription.

Visit aura.com/blockworks to sign up for your free trial.

Mantle Network is an Ethereum Layer 2 that aims to bring superscalability to Ethereum by taking a modular approach that offers low fees and high security.

Mantle recently launched their airdrop program "Rewards Station" to holders of its native token, $MNT. The Rewards Station program distributes presale token allocations or listed token to $MNT holders who stake their $MNT.
Check out the rewards station: https://www.mantle.xyz/rewardsstation

Marinade is the leading Solana staking service that spreads your stake across 100+ top validators, distributes MEV rewards, and provides automatic downside protection with new Protected Staking Rewards. Choose to liquid stake for mSOL for use in DeFi, or delegate your stake through Marinade Native, which gives you full custody of your SOL and no smart contract risk. Max performance for you, max performance for Solana.
https://blckwrks.co/Marinade

Timestamps:
00:00 Yano's Fashion Advice
06:07 Is this Cycle Different?
13:39 Focusing a Portfolio
17:42 Blockworks Podcast Thesis
23:30 Crypto's SocialFi Era
39:24 Sei Ad
40:22Aura Ad
41:11 Marinade Ad
42:15 Skale Ad
43:32 Are Points Over?
49:15 Coinbase Earnings
01:00:42 Memecoin Thesis

Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.