As far as I can see, macroeconomic inflationary insensitivity is directly reflecting into digital asset pricing. It’s no coincidence that blue-chip collections like Pudgy Penguins maintain their base valuations in ETH terms. As investors feel the erosion of holding cash, they are parking capital into limited assets with strong intellectual property value and robust distribution networks. While the total value locked on Ethereum L2 networks has surpassed $40 billion, the accumulation of cultural capital is deepening alongside infrastructure. As speculative, weak projects fade, assets that build brand value are emerging as alternative stores of value. In an era of eroding purchasing power, strong intellectual property and genuine community liquidity act like magnets. #Ethereum #NFT