{"podcast":{"title":"The Milk Road Show","slug":"the-milk-road-show-5039790","podcast_index_feed_id":5039790,"rss_url":"https://anchor.fm/s/83d264f4/podcast/rss","website_url":"https://link.milkroad.com/pod-newsletter","image_url":"https://d3t3ozftmdmh3i.cloudfront.net/staging/podcast_uploaded_nologo/22016037/22016037-1718880487558-b081b1905715f.jpg","author":"The Milk Road Show","episode_count":994,"summary":"The next crypto winners won’t be obvious until they’ve already run. Our job is to find them first. 5 episodes a week exploring the future of finance, the people building it, and the next big bull market. Looking for a shortcut? We bought Micron (217%), Hyperliquid (55%), and Galaxy (37%) before their big runs. See our next call for just $1: https://milkroad.com/pro/?utm_medium=social&utm_source=youtube_crypto","last_synced_at":"2026-07-30T08:18:10.569331+00:00","page_url":"https://stenobird.com/podcast/the-milk-road-show-5039790"},"episode":{"title":"The Next Crypto Winners May NOT Be Layer 1s w/ Joshua Frank","slug":"the-next-crypto-winners-may-not-be-layer-1s-w-joshua-frank","published_at":"2026-05-20T18:21:59+00:00","page_url":"https://stenobird.com/podcast/the-milk-road-show-5039790/the-next-crypto-winners-may-not-be-layer-1s-w-joshua-frank","show_page_url":"https://stenobird.com/podcast/the-milk-road-show-5039790","url":"https://podcasters.spotify.com/pod/show/milk-road/episodes/The-Next-Crypto-Winners-May-NOT-Be-Layer-1s-w-Joshua-Frank-e3jli31","audio_url":"https://anchor.fm/s/83d264f4/podcast/play/120292897/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2026-4-20%2F424559339-44100-2-ad110b5798834.mp3","summary":"🧠 Capitalize on this bull market by tracking our PRO analysts' portfolios and live trades - just $1 for 7 days. ⁠⁠⁠⁠⁠ ~~~~~ In this episode, we break down why Wall Street and institutions are quietly shifting focus toward crypto applications, tokenized finance, stablecoins, and real revenue-generating protocols. Instead of just betting on the next shiny new chain. Joshua explains why the market structure of crypto is evolving, where institutional capital is actually flowing right now, and why most altcoins are still struggling to find real buyers. The institutions want cash flow. They want fundamentals. They want infrastructure that actually does something. ~~~~~ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⚡Wealth is evolving, use Nexo to earn, borrow, and trade crypto all in one secure platform. ⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠📱Your carrier sells your data, switch to Cape and get 33% off your first 6 months with code MILKROAD.⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠🌊 Trillions are stuck offchain, build RealFi with Pharos and join the AtlanticOcean Testnet. ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ~~~~~ 🔧 Tools & Channels ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠🥛 Check prices, drink coffee, read Milk Road. It’s the easiest 5-minute habit to stay smart on crypto. ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ~~~~~ ✊ Follow Milk Road on Social Media: 👉 Milk Road Twitter: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://link.milkroad.com/X⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠…","meta_description":"🧠 Capitalize on this bull market by tracking our PRO analysts' portfolios and live trades - just $1 for 7 days. ⁠⁠⁠⁠⁠ ~~~~~ In this episode, we break down…","key_points":[],"chapters":[],"topics":[],"duration_seconds":2210,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/the-milk-road-show-5039790/episodes/the-next-crypto-winners-may-not-be-layer-1s-w-joshua-frank/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/the-milk-road-show-5039790/the-next-crypto-winners-may-not-be-layer-1s-w-joshua-frank.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}