Avalanche / Tether
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Layer 1 blockchain comparison

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Seems likes layer 1 solutions all move in a similar pattern. Similar to Raoul Pal’s work - they all move as a function of their network sizes. Interesting how their movement pattern is similar to eth which is 1 full cycle ahead. Meaning, the massive gains seen w btc, and then eth in prior cycles, is now available to us this cycle, potentially. No price target prediction specifically. Rather another measure can be following eth price actin w TA, cyclical theory, and onchain analytics. If price action is similar, then the benefit of more data of eth can be a look into the future for newer layer 1 solutions.

For more info into raoul pal’s work, google “raoul pal and bitcoin and ethereum comparison, or ethereum and avalanche comparison, or ethereum and solana comparison.

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