In this week's episode of Galaxy Grid, the hosts analyze a shifting crypto landscape as Bitcoin dips below $80k and ETF outflows accelerate. The crew explores the concentrated outperformance of specific altcoins like Hyperliquid, Zcash, and Venice AI, debating whether this focus on AI and privacy narratives signals a maturing market or just a bear market rally. The discussion then turns to tokenomics, with the hosts critiquing the current trend of indiscriminate token buybacks in lieu of genuine value accrual. Finally, the team unpacks Ethereum's "spring of discontent," examining recent high-profile departures from the Ethereum Foundation and Vitalik Buterin's attempts to clarify the organization's role amidst ETH's ongoing underperformance. Keep in touch: ▸ Follow us on Twitter: https://x.com/galaxyhq & https://x.com/glxyresearch ▸ Read our research at https://www.galaxy.com/research ▸ Subscribe to receive Galaxy Research's weekly newsletter: https://www.galaxy.com/subscribe-to-r... This video, and the information contained herein, has been provided to you by Galaxy Digital Holdings LP and its affiliates (“Galaxy Digital”) solely for informational purposes. View the full disclaimer at https://www.galaxy.com/galaxy-digital...