The primary way of valuing crypto assets is attention. We create frameworks to understand how to price things fairly. We use cash flow for stocks, revenue for ETH, and CAPM for investments. In crypto, there is little consensus on what fundamentals matter - ETH maxis are bullish on Ethereum's High revenue and Deflationary nature (as a result of extremely high fees); SOL maxis are bullish on Solana’s low fees and high TPS (resulting in a price/revenue ratio of 690x). Whether these metrics ...