Messari

Without a doubt 👌

1/ A Valuation of Polymarket (POLY) March 7: @Polymarket was reportedly seeking a $20 billion valuation March 19: @Kalshi raised at $22 billion valuation A $POLY token and airdrop are confirmed. The central question is whether the $20 billion reflects reasonable expectations for future fee generation, or whether the market is mispricing the opportunity. My latest @MessariCrypto report builds a ground-up valuation to find out. Let's break it down 🧵

$260B in idle BTC. Rootstock accounts for 30% of all BTCFi activity And now institutions can put their share to work without compromising custody or security. (Linked blog with details in comments) Already trusted by @Animocabrandskk, @MidasRWA, @MercadoBitcoin, @mellowprotocol, @TyrCapital, @utila_io and @Fireblocks among others. The institutional Bitcoin stack is live.

🚨 Valuation of @Polymarket dropping tmr on @MessariCrypto 🚨 ▪️Polymarket $POLY is reportedly seeking a $20B FDV in its next funding round ▪️@Kalshi raised at $22B FDV last week ▪️On Mar. 30, Polymarket launches taker fees across nearly all markets for the first time The central question: does the $20B FDV reflect reasonable expectations for future fee generation, or is the market mispricing the opportunity? We built a ground-up valuation across bear, base, and bull scenarios to find out.

Read the full report: messari.co/4uQTjmy

Instead of tokenizing passive assets, Kelp targets settlement and payment flows, unlocking capital trapped in prefunded liquidity and bringing a new RWA-backed stablecoin model onchain.

Stablecoins have scaled to $300B+, but onchain credit remains structurally misaligned with real-world financial flows. @KelpDAO introduces KUSD, a yield-bearing stablecoin backed by trade receivables and payment activity, generating yield from borrower repayments, not incentives.

.@pharos_network is a modular Layer 1 blockchain designed to serve as global infrastructure for real-world assets (RWAs). Here’s what you need to know: - TGE and mainnet launch expected in Q2 2026 - "RealFi,” institutional-grade financial ecosystem built onchain via RWAs. Open by default from issuers like @centrifuge - 30,000 transactions per second (TPS) target via concurrent processing of the entire block lifecycle. Report: messari.io/report/underst…

Read the full report below: messari.co/4bJ6LAi

What is @pharos_network ? A modular Layer 1 blockchain designed to serve as global infrastructure for real-world assets (RWAs). -TGE and mainnet launch expected in Q2 2026 -"RealFi,” institutional-grade financial ecosystem built onchain via RWAs. Open by default from issuers like @centrifuge. -30,000 transactions per second (TPS) target via concurrent processing of the entire block lifecycle.

Prediction Market volume (last 4 weeks): 1. @Kalshi - $11.9B (50%) 2. @Polymarket - $9.8B (41%) 3. @opinionlabsxyz - $724.8M (3%) 4. @predictdotfun - $401.9M (2%) 5. Other - $1.2B (5%) Key observation: Kalshi became the first pred. mkt. to surpass $3.0B in volume in a single week, fueled by NCAA March Madness betting. Other insights: - Polymarket hit a new weekly ATH of $2.5B. On Mar. 23, they launched fees across all markets. Watch long-tail event volume closely from here. Prior to this, they've been slowly rolling out fees market-by-market, and volume has only grown. - "Other" platforms captured 4.8% of volume ($1.2B) over the last 4 weeks, the first time since Opinion's launch that they've held this much share.

Reserve your spot before they’re gone! messari.co/4s1xFtP

This is your last chance to find out everything you need to know about the CLARITY Act! -Get a FULL breakdown of what this bill can mean for crypto regulation -See where it currently stands and the challenges facing it -Review possible outcomes and how they may impact the market Join our expert crypto analyst @oztxn for this Messari exclusive webinar.

Check out the latest @MessariCrypto DeCC report! Decentralized Confidential Computing: The Privacy Layer for an AI‑Native, Onchain World DeCC is the infrastructure that powers the age of AI and we are proud to provide it to the world! messari.io/report/decentr…

This week in crypto venture: $1.20B raised across 18 deals, $1.83B in $BTC DATs, and @Mastercard's $1.80B acquisition of @BVNKFinance.

Read the full report here messari.co/4sQtPUu

. @Base is the largest Ethereum L2 by DeFi TVL, the highest-revenue rollup in the ecosystem, and the only major network without a native token. @Cryptorick98 built the framework for what a BASE token could look like.

We've expanded x402 support to Solana!

@moonpay @JupiterExchange @MyriadMarkets @dflow @github 🤖🤖🤖

🚨 THE AGENTS ARE EVOLVING 🚨 new skills are now available for @MessariCrypto, @JupiterExchange, @MyriadMarkets, and @dflow discover, build, and ship with the official MoonPay Agent @Github repo today 🤖 github.com/moonpay/skills

Get started with x402 here: messari.co/4ds2zY0

Welcome to x402 @solana 👋 We're expanding x402 payments by adding Solana support. You can now pay for any API endpoint with USDC on either @base or Solana. More chains, more flexibility for builders.