--

A lot of people like to focus on TVL to calculate market cap. Now Ethereum's market cap is already lower than its TVL, so many think Ethereum is undervalued. But Visa processes $15 trillion in transactions annually and only has a $600 billion market cap. The NYSE settles $60 trillion in stocks annually and only has an $80 billion market cap. Airbnb manages $3 trillion worth of properties and only has a $90 billion market cap, but you never buy their stocks because of that ‍♂️

Pic

24/7 Flashes

More >
Today 2026-07-10
08:02

Axel Adler Jr.: Bitcoin short-term holders buy on dips, easing selling pressure

08:01

BNB Chain Project CodexField Suspected of Rug Pull, Official Website and Account Disappeared

07:54

瑞银预计 2026 年存储芯片收入达 9920 亿美元,2027 年达 1.76 万亿美元

07:46

CertiK monitoring shows that CodexField accounts and websites are offline

07:43

Waleed: Gold outlook remains optimistic