Matthew Nay
@NaytheForceBwU
Followers
1K
Following
4K
Media
155
Statuses
782
Analyst @MessariCrypto | Prev: MIT '23 and '24 | Tweets about SOL
Manhattan, NY
Joined October 2021
Best quarter in blockchain history?. @solana metrics climbed to historic numbers:. - Chain GDP (total app revenue) ⬆️ by 213% QoQ to $840M. - App Revenue Capture Ratio (chain gdp/REV) ended Q4 at 103% and was >100% for all of 2024, meaning apps generated more revenue than the
18
37
195
@solana once again killing the game during Q3:.- over 130 keynotes on products at @SolanaConf .- 2 crypto native phones @solanamobile @JamboTechnology .- over 500 blinks have been published.- PYUSD increased market cap on Solana by 341% QoQ.- Frankendancer is live on mainnet,
52
126
558
Rumor has it that @monad_xyz's testnet is coming soon. So I spent a few hours mapping out the eco so you don't have to . Lots of OG projects and some novel ones you should check out before testnet drops 👀
58
60
373
What's Avalanche9000, you asked? Well, it is the biggest network upgrade for @avax since mainnet‼️. Quarterly updates: .- Avalanche9000 reduces the cost and complexity of launching L1s and facilitates seamless liquidity flow across L1s. - Retro9000, announced in Q3 and starting
7
43
143
.@helium is the frontier 🎈 Helium had a record-setting Q3:. - 88,000 GB of total mobile carrier offloaded data.- 20% QoQ 🔼 in Mobile Subscribers.- $HNT's market cap 🔼 by 124% QoQ to $1.3B. @helium_mobile's $20/month plan and carrier offloading lead the way for DePIN adoption‼️
8
11
97
Wrote a piece in @MessariCrypto's daily newsletter this morning about Solana's Endgame. Here is a snippet:. This week, markets rallied with BTC up 8%, ETH up 14%, and SOL up 15% following Trump’s election win, signaling potential easing on crypto regulation. Solana has now
6
9
54
There is one token that has stayed flat this entire time
1
0
46
In case you missed it from my report on Avalanche, here is a snippet about the upgrade: .Avalanche9000 will include the following:. - The Etna Uprage. - ACP-77: Reinventing subnets. - ACP-125: Reduce C-Chain minimum base fee . - ACP-103: Add Dynamic Fees to.
Gm, big upgrade next week.
2
10
47
I'm not reading all that. I'm happy for you tho, or sorry that happened. Manlets don't worry, he hasn't read the Q4 report yet so he doesn't realize how tough its gonna be for Base to pull this off. each quarter @solana keeps getting better and better (which makes the report.
1) How Base DeFi Flips Solana DeFi in 2025.Key takeaways from my latest Messari report. For my last report of the year - I wanted to end with a hot take. Base will flip Solana in DEX volumes and TVL in 2025. Let me convince you:. 🧵👇
6
2
26
L2 wars are heating up 🔥. @MantaNetwork introduced several yield-boosting programs in Q2: Renew Paradigm, Restaking Paradigm, and CeDeFi. This led to a 14.1% QoQ increase in stablecoin market cap to $14.7M: . The CeDeFi program allows users exposure to CeFi yield while staying
6
6
34
The Merge for Ethereum? nah, The Merge is for @KaiaChain . Recently, Klaytn and Finschia merged into a single chain aiming to bring Web3 to messaging super apps LINE and KakaoTalk with their mobile-friendly SDK. In Q2, transactions increased by 128% QoQ, and active addresses
4
6
33
Excited to join a panel at #Mainnet2024 in NYC from Sept 30 - Oct 2, discussing the State of Solana! . It's not too late if you don't have a ticket yet, use this link for a discount:
2
3
24
Excited to announce that I finished my first week at @MessariCrypto. Can’t wait to work with all these giga chads on the protocol services team. Now back to work since we don’t get to sleep till everyone is onboarded with us 🫡.
6
1
19
Had a blast talking with @jnwng and @knimkar at @MessariCrypto’s #Mainnet!. @solana is killing the game in social (Blinks), DePin, and Payments! Stay tuned for recording from our socials
3
2
18
@cburniske @defi_monk had it first
1) The $DOGE -> Mid Cap Meme Rotation. IMO, memecoins need $DOGE, and with renewed interest in $DOGE as the election nears, I think it'll be interesting to map out how value will disperse across the memecoin category. Here's how I think it plays out. Thread below 🧵👇:
2
0
17
It looks like I wrote a short piece on ETF flows one day too early. On Friday, BTC ETFs had 252M of inflows!!. Here is some snippets from my piece that was highlighted in @MessariCrypto daily newsletter:. The Bitcoin ETF continues to have positive flows. However, the Ethereum
12
3
13
H/t to @bakbar8519 and @0xneaf for creating the list below 👇
GMONAD! @monad_xyz .@0xneaf and I have created the Monad-Eco TG (, where we'll be sharing important announcements and tasks related to Monad Eco in both Japanese and English. Neaf has also put together Monad ecosystem list: If you
0
0
16
Walking around outside today for the first time and every time I see a green light it reminds me of her . Her being the God candle of course.
3
1
14
If you're still waiting for Institutions to show up, you already missed it. While you were losing money bidding on meme coins, @axelar was gathering an army this past quarter🎖️. Axelar Q2 Update:.- In June, Axelar, in collaboration with @metrikaco, partnered with @Citi,
1
3
11
Will never have to leave Messari’s website again.
Bear or Bull, Solana is accelerating. But keeping up can feel "impossible", even for Toly or Raj. Introducing All the answers you need - all in one link - no login required ⬇️
1
0
11
A buddy from school's tv is logged into my Prime Video account and just sent me 15 farts to rent the new LOTR movie. Blockchains are awesome and hot air rises.
5
0
11
0
0
11
Stablecoin Weekly MCap Update📈. Remember July 2022, when USDC’s market cap was only $10B behind USDT’s? Fast-forward two years, and now the gap is $80B, with USDT’s stablecoin market share at 69.8% and USDC’s at 20.5%. On July 5, 2022, the difference between the two’s market
2
0
11
Thank you @coinbase . Also, I like the picture you added to Copilot's responses @MessariCrypto
1
1
11
Great day 1 for @MessariCrypto’s #Mainnet! Excited for day 2 tomorrow. Come by the Operator stage at 2:30 for the State of Solana talk!.
1
3
10
I submitted SOL/ETH has bottomed, but it wasn’t spicy enough 🤷♂️.
ETH will outperform SOL in 2025 - @defi_monk. SOL/ETH has topped, and will continue to decline throughout 2025. • Solana has far more net sellers, as the crypto native bid becomes exhausted and slowly starts selling SOL for alts.• Ethereum has had a far worse 2024, and has more
0
0
10
Ya I’m not afraid to bull post myself
2
0
9
@intern Apparently Robinhood is growing as an onboarding tool, I know a decent amount of Messari employees who use it as their preferred way to get money onchain. Personally I use PayPal since I only send to Solana.
2
0
8
ETF Weekly Flows Update📈. BTC: -$77.3M🔻, -$264.1M🔻, $17.4B🔥.ETH: $104.8M🔥, $77.2M🔥, -$406.4M🔻. *(week to date, month to date, year to date). BTC's biggest weekly gainer was @BlackRock IBIT, w $219.7M; the biggest loser was @Grayscale GBTC, w -$391.8M. ETH's biggest weekly.
1
0
8
If you're confused about Abstract, well
1
0
8
ETF Weekly Flows Update📈 . BTC: $32.4M🟩, -$321.4M🟥, $17.4B🟩.ETH: -$14.1M🟥, $63.1M🟩, -$420.5🚭. *(week to date, month to date, year to date) . BTC's biggest weekly gainer was @DigitalAssets FBTC, w $82.1M; the biggest loser was @Grayscale GBTC, w -$195.2M. ETH's biggest
2
1
8
The Ethereum account would’ve yelled at me. This is why teams are choosing Solana, IBRL.
@NaytheForceBwU @SolanaConf @solanamobile @JamboTechnology awesome report!. don't tag me first tho it will limit reach of the post. Even .@solana is better. appreciate your work on this 🫡.
0
0
7
Also, here is a great video from @opendanny and @zen_llama explaining AE, which is an important pillar to @monad_xyz
Asynchronous Execution Explained 👇. How does Monad achieve 10k TPS with sub-cent gas fees, while remaining decentralized? . 🟣 Asynchronous Execution.🟣 Pipelined State Access.🟣 Monad DB.🟣 Monad BFT Consensus
2
0
8
McRib must've had a recall or something.
1
0
7
0
0
7
On the bright side, if WIF keeps going lower unit bias will start to come into effect.
1
0
7
Can’t wait to tell my grandkids about this next year of my life (staring at charts and writing reports, glued to the monitor).
1
0
7
Hey @phantom fix ur wallet, why wont you pop up on @RocketXexchange when im swapping to another chain.
13
0
1
1
0
7
I listened so you don’t have to, TLDR:.Increase Bandwidth, Reduce Latency. One day Solana will rule the world and have 250k tps, it’s that easy.
New episode out now! @0xMert_ @aeyakovenko . We discuss: .- What's next for Solana?.- How does Solana compete?.- Composability at scale.- SOL inflation.- Competing with Apple + Google.- Fee's, front running & much more!. Links below! ↓
0
0
6
Solana is among the best in terms of decentralization but still has work to be done. IBRL
how decentralized is solana?. we found out and wrote about it here:
0
0
6
@defi_monk @MessariCrypto @AvgJoesCrypto Disclaimer: the views of @defi_monk do not reflect the holistic views of those at Messari.
0
0
6
With Avalanche9000 going live today, it would be a good idea to revisit this post 👀.
In case you missed it from my report on Avalanche, here is a snippet about the upgrade: .Avalanche9000 will include the following:. - The Etna Uprage. - ACP-77: Reinventing subnets. - ACP-125: Reduce C-Chain minimum base fee . - ACP-103: Add Dynamic Fees to.
0
1
5
0
0
5
More bullish than an SBR imo, the more entrenched we can get, the higher we go.
🚨 BREAKING: Bank of America CEO says the financial industry is ready to adopt crypto payments if regulators give the green light.
1
0
5
@JasonYanowitz @Permissionless @santiagoroel I heard if you bench more than @intern and deadlift/squat more than @keoneHD you get to take over @monad_xyz.
1
0
5
The power of eco maps 😎 I'm coming for that top spot when I release the next one. Awesome tool @_kaitoai
1
0
5
@opendanny @zen_llama @monad_xyz Also, couldn't have understood multiple concurrent proposers without this podcast - check it out:
Don't miss this week's interview with @aeyakovenko and @MaxResnick1 🎧 . We discussed:.- The Proposer Monopoly.- Ethereum's competition.- Implementing MCP with Braid.- And more!. Links to the full episode below 👇
0
0
4
Took two seconds to figure out why hot air rises, this research assumes you know that all humans fart too
im not saying you should buy $SANA necessarily, BUT this company cured T1 diabetes in someone and you are buying $fartcoin like an epic retard, hall of fame nominee, first ballot.
1
0
4
+5 points if you spot me.
A huge thank you to our co-host @okxweb3 and the amazing team at @SolanaFndn for providing the perfect venue. We’d also like to give a special shoutout to our esteemed speakers and partners for their invaluable support in making this event a success!
2
0
4
@0xMert_ @defi_monk He's definitely not controlling for how much bandwidth has been increased and latency has been reduced. I'll work on getting him up to speed.
0
0
4
Wake up babe intern videos are back.
0
0
4
1
0
4
Genuinely excited to earn points again.
test.
1
0
3
@0xBaba23 Imo it’s all the same, but we just hit the part of the nft cycle where we want more than just pretty art and everything had to have a roadmap attached to it.
1
0
3
@Modus_Finance @monad_xyz @monad_eco @pipeline_xyz Looks like the section just grew by 50%, you guys will be on the next one 🤝.
1
0
3
1
0
3
1
0
3
1
0
3
1
0
3
2
0
3