Crypto's Massive Growth Opportunity: Less Than 1% Is Onchain
Less than 1% of global finance is currently onchain, according to Carl Flourish, co-founder and CTO of OP Labs. This figure highlights the vast potential for growth in the crypto space.
Flourish argues that differentiated chains can create a positive-sum ecosystem, provided they offer interoperability, jurisdiction-specific controls, and clear value to organizations deploying them.
The discussion also touched on Korean adoption, the evolving relationship between Ethereum and its layer 2 ecosystem, the role of the OP token, and Optimism's shift toward more predictable fixed-cost pricing for institutional clients.
Other experts in the field, such as Raoul Pal and Dan Tapiero, are optimistic about the future of crypto, citing advancements in liquidity, AI infrastructure, and regulatory progress.