FIL Presents Compelling Upside

Feb 22, 2024 • 8 Min Read

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ARB 11.18% BTC 0.95% DOGE 12.33% ETH 7.76% FIL 7.69% OP 7.75% SOL 14.43% STX N/A%

ETH Gaining Relative Momentum

Given the success of Solana and Bitcoin's persistent dominance in this bull market, many have been quick to write off ETH. There is no doubt that ETH faces its own set of challenges, including a complex modular stack and potential cannibalization by Layer 2 solutions, which, while crucial to ETH's scaling roadmap, can sometimes fragment liquidity and users. Despite these issues, ETH continues to advance along its extensive scaling roadmap. In our view it appears to be under-owned at this stage in the cycle and should be buoyed by a couple of near-term catalyst...

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FIL Presents Compelling Upside

ETH Gaining Relative Momentum

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