“Because now we're tokenizing everything. There, there's tokenized stocks coming online. There's smart contracts coming online. There's derivatives coming online.” Ran Neuner points to ETH breaking out of a nine-year downtrend against Bitcoin as a sign this cycle could belong to altcoins, with tokenization giving crypto a real use case.

@cryptomanran Tokenization could be the next big wave for crypto.

@cryptomanran utility is king

@cryptomanran Tokenization is a compelling thesis, but the valuation unlock needs settlement, custody, and compliance rails to scale. ETH/BTC relative strength is a useful signal; real volume and fee capture are the confirmation.

@cryptomanran tokenization finally giving eth a real job, tbh

@cryptomanran The tokenization angle is the key variable: if stocks, derivatives, and programmable settlement converge, ETH’s relative trend may matter more than headline beta. The market still needs follow-through in flows and activity before calling a durable regime shift.

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@cryptomanran ETH breaking a nine-year downtrend against Bitcoin is the cycle call. I do not buy tokenized-everything as the reason if the pair just woke up from a decade of underperformance.

@cryptomanran Ethereum is still the king of tokenized assets w/ over $17B of rwa TVL, having more tokenized assets on the network than #2-10 combined Its due to benefits from chains like Robinhood Chain bringing RWA on chain and has the lindyness of defi TVL, $ETH price just needs to catchup

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@cryptomanran Accelerating tokenization across real world assets and derivatives reinforces fundamental utility, driving structural capital rotation into smart contract platforms

@cryptomanran the tokenization half is the testable part 🙌 tokenized stocks and derivatives live or die on custody, transfer agents and settlement finality rather than on what gets listed, so the milestone worth watching is the first one that clears end to end with no off chain workaround 👀

@cryptomanran ETH breaking nine-year trend vs BTC sounds legit. Watching for volume confirm. #ETH

@cryptomanran The on-chain volume for tokenized RWAs is already outpacing speculative DeFi sectors in this cycle.

@cryptomanran The 'tokenizing everything' trend really does feel like a major tailwind for Ethereum's utility. Combine that with the $ETH/$BTC chart breakout, and it makes a compelling case for this cycle.

@cryptomanran Great update as always. Your analysis on tokenization brings value. You and @JohnWuestlbik2 are my go to accounts.

@cryptomanran Tokenization demos are easy. Liquidity and legal finality are the moat.

ran finally zooming out far enough to see the actual plumbing shift instead of just staring at 5-minute candles is the plot twist i needed today if the rwa and derivatives volume actually starts sticking onchain instead of just being press releases, the ratio is gonna look hilarious in hindsight are people still really trying to fade a nine-year base breakdown

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@cryptomanran the real headline isn’t alt season. it’s tokenization.