This month’s Deep Dive comes to you early to share a hotly debated issue: How to value tokens. Delphi’s Jon Charbonneau offers insights in Valuing Layer 1s: Memes, Money, or More? with a comparison of ETH and SOL — representing the two network models in the space. Key points covered on the valuation topic: How crypto stacks up to traditional assets. Why scaling is critical, but is achieving meaningful scale enough? What could be the best way for L1 native assets to accrue revenue? When ETH could be considered a “currency.” And more. Share your thoughts on this eye-opening issue in the Pro Crypto Discord.