[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Nomad [@JourneyMacro](/creator/twitter/JourneyMacro) on x 3382 followers Created: 2025-07-18 23:48:55 UTC Take everything you know about ETH's historic price movements and throw it out the window. Literally, completely forget it. Why? Phase 1: crypto was Ouroboros (first ten years). Phase 2: Ethereum enables open banking via stablecoins and tokenization. Phase X allows the world's financial system to graduate from separate banking ledgers around the world running on COBOL (ancient code) to share one ledger: Ethereum. Everything is going to be tokenized. The network effects on Ethereum will be unlike anything we've seen before. L1 and L2 chain fragmentation will soon be solved (within X months). The network effects will be massive due to Metcalfe's Law where the value of the network is approximately n². (n is number of users) If you are still thinking $XXXXX to $XXXXXX ETH, you don't understand ETH. You're still stuck in phase X mentality. The base case for ETH in the phase X universe I'm describing is $XXXXXXX ETH. 100x ETH should be your base case. Few. XXXXXX engagements  **Related Topics** [treasury secretary](/topic/treasury-secretary) [currency](/topic/currency) [bessent](/topic/bessent) [the worlds](/topic/the-worlds) [stablecoins](/topic/stablecoins) [banking](/topic/banking) [eths](/topic/eths) [ethereum](/topic/ethereum) [Post Link](https://x.com/JourneyMacro/status/1946356540077928767)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
Nomad @JourneyMacro on x 3382 followers
Created: 2025-07-18 23:48:55 UTC
Take everything you know about ETH's historic price movements and throw it out the window. Literally, completely forget it.
Why?
Phase 1: crypto was Ouroboros (first ten years).
Phase 2: Ethereum enables open banking via stablecoins and tokenization.
Phase X allows the world's financial system to graduate from separate banking ledgers around the world running on COBOL (ancient code) to share one ledger: Ethereum.
Everything is going to be tokenized.
The network effects on Ethereum will be unlike anything we've seen before.
L1 and L2 chain fragmentation will soon be solved (within X months).
The network effects will be massive due to Metcalfe's Law where the value of the network is approximately n². (n is number of users)
If you are still thinking $XXXXX to $XXXXXX ETH, you don't understand ETH. You're still stuck in phase X mentality.
The base case for ETH in the phase X universe I'm describing is $XXXXXXX ETH. 100x ETH should be your base case.
Few.
XXXXXX engagements
Related Topics treasury secretary currency bessent the worlds stablecoins banking eths ethereum
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