Why Most Layer 1s Won’t Justify Their Valuations in 2026 (And Where the Real Upside Is) w/ Santi

Why Most Layer 1s Won’t Justify Their Valuations in 2026 (And Where the Real Upside Is) w/ Santi

Published: December 17, 2025

Duration: 47:10

In this episode of the Milk Road show, Santi Santos breaks down why much of crypto may be fundamentally mispriced, why Layer 1 valuations are under serious pressure heading into 2026, and why the next wave of upside likely won’t come from where most investors are still looking.


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