Feels like near:native goes on a $SOL 2021 type run soon
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Incredibly important post on near:native and WHY it has moved and WHY the next 12+ months are key.
"The TAM (total addressable market) of NEAR is in discovery mode."
See this thesis by @mert on $NEAR.
ZEC is the privacy equivalent to $BTC - a private SoV.
But ZEC can’t do more than that. And it shouldn’t. It does very well what it’s supposed to do.
$NEAR brings privacy to smart contracts, perps, payments/trades, agents, AI inference, stocks, and the whole flow of money.
Sort of how $ETH was meant to be complementary to Bitcoin and the DeFi layer.
But ETH turned out to be imperfect. Now it’s NEAR what is connecting all L1s and L2s, adapting to their language and architecture (PoW, EVMs, rust, move, etc) instead of forcing them to build on top.
And now we have AI and agents.
Not only did @NEARProtocol pioneer sharding at scale (where ETH failed), it also became the first-ever blockchain with dynamic resharding, which allows it to scale horizontally dynamically as per demand — a must for a mass-scale agentic economy. This is a big moat that no one has been able to even attempt.
It also achieved 1M TPS and it’s already Quantum Resistant.
So you have a massively scalable and high-performance L1, with native privacy, interconnecting any blockchain in the space, built for an agentic economy, powering both money flows and inference.
ZEC is the privacy SoV. NEAR is the privacy programmable layer.
The TAM (total addressable market) of NEAR is in discovery mode.
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If you think it is in the medium term interests of Larry Fink to have the Bitcoin price to go up and thus his AUM in $IBIT go up then that should be enough to allocate AT LEAST 5% to 7% of a portfolio to Bitcoin.
$100B AUM = $220M annual fees
$500B AUM = $1.1B annual fees
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$IREN to show 100% annual quarterly revenue growth rate starting with their Fiscal 2026 Q1 report due out in November. ($240M in Q1 '25 / $500M +/- ESTIMATED Q1 '26).
This annual quarterly growth rate of at least 100%+ MINIMUM for the next 3 yrs.
Expecting the following for $IREN QUARTERLY Revenues:
August '26: $300M
November '26: $550M
February '26: $900M
May '27: $1.1B
August: '27: $1.3B (up 333% YOY)
November '27: $1.5B (up 172% YOY)
February '28: $2.4B (up 166% YOY)
May '28: $2.8B (up 154% YOY)
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4)
100% Renewable + Grid-Connected — SpaceX has sustainability commitments; IREN's renewable power profile fits while still being grid-stable for continuous AI training workloads.
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Expecting the following for $IREN QUARTERLY Revenues:
August '26: $300M
November '26: $550M
February '26: $900M
May '27: $1.1B
August: '27: $1.3B (up 333% YOY)
November '27: $1.5B (up 172% YOY)
February '28: $2.4B (up 166% YOY)
May '28: $2.8B (up 154% YOY)
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Beyond '28 for $IREN QUARTERLY REVENUES?
August '28: $3.5B (up 170% YOY)
November '28: $4.2B (up 180% YOY)
February '29: $4.9B (up 105% YOY)
May '29: $5.8B (up 107% YOY)
August: '29: $7.1B (up 102% YOY)
By January 1 2028:
MKT Cap = $105B with 490M SH outstanding
$215 per ?
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$VVV current assumptions:
1000 new subscribers per day. Average subscription revenue $26/mo
$26,000 new monthly revenue per day growing 20% month over month.
‘26 full year revenues $57M
‘27 full year revenues $210M
‘28 full year revenues $460M
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Current Valuations Price to Revenue:
Anthropic 26
OpenAI 35
Will price to revenue stay flat, go up or decline over the next 3 to 5 years for OpenAI and Anthropic?
10 to 20 in ‘27 and ‘28 for $VVV ??
$2B to $9B?
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IF…IF…IF these assumptions regarding $VVV in ‘26, ‘27 and ‘28 turn out to be accurate…
…it is just a matter of time before the market begins to price in the ‘27 estimate and then…thereafter the ‘28 estimate.
It has been pricing in ‘26 since mid February…
Half way there..
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