Depth Dialogue: Guy Young Reveals the Rise Code and Market Insights of Ethena



[Plain Language Guide] This episode of the Hive Mind podcast invites Guy Young, the founder of Athena, to delve into the stablecoin market and cryptocurrency trends.

Athena's USD assets lead with a high cash ratio and an 18% annual yield, addressing the bottleneck of capital flow. The Genius Act brings new opportunities for regulation, and Athena collaborates with Anchorage to be the first to comply. Guy is bearish on Layer 1 valuations, predicting BTC dominance to reach 90%, but is optimistic about applications like Hyperliquid.

MEW raised 1.8 billion but is caught in a narrative crisis, still holding potential with a market value of 2.8 billion. The program analyzes the evolution of basis trading and market momentum, revealing the maturation path of the cryptocurrency industry.

For details, please see:
ENA13.66%
HIVE1.5%
BTC0.89%
HYPE0.08%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)