Now both $CRCL and $HOOD are launching their own blockchains. These two stocks can no longer be valued using stock logic. They need to be valued based on blockchain token logic. The crypto community gets this: TVL, total transaction volume, number of wallet addresses, etc. Ethereum's market cap is $300 billion, so $CRCL and $HOOD as blockchain tokens are no longer stocks—they should be benchmarked against Ethereum's market cap.