According to Glassnode, the expansion of Cost Basis Distribution to include Ethereum, ERC20, and SPL tokens provides traders with enhanced insight into investor positioning and market dynamics. This development allows for more precise evaluation of cost basis trends, potentially impacting trading strategies and market sentiment. Traders can now better assess where significant price levels may lie and adjust their strategies accordingly, influencing market liquidity and volatility. (Source: @glassnode)

According to VitalikButerin, for widely-used ERC20 tokens, liquidity provider-based solutions are currently adequate. However, standardization is necessary at the wallet level, particularly concerning chain-specific addresses and payment requests. For less common ERC20 tokens and NFTs, there is a future need for rapid native interoperability to facilitate seamless transactions.

According to OnchainDataNerd, key wallet addresses for various cryptocurrencies have been shared. These include an ERC20 wallet, a BTC wallet, a TRX wallet, and an ETH transferred wallet. Traders can use these addresses to monitor transactions and analyze on-chain data.