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As the holiday week wraps up, the spotlight has shifted to fundamental valuation concerns. Monad’s mainnet launch, L1/L2 valuation debates, and new details around Berachain’s refund terms are driving most of the conversation. We also cover this week’s top reads and the key takeaways from Monday’s 0xResearch livestream to keep you plugged in.

Weekend Reading

Crypto Is Priced for Network Effects It Does Not Have

Santiago argues that crypto already trades as if it has Facebook-level network effects, with non-BTC crypto at a roughly $1 trillion market cap. This implies about…

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