succinct sp1 just collapsed l2 withdrawal times from 7 days to hours. katana l2 already integrated it. conduit partnered to solve the withdrawal lockup problem. 99.7% real-time ethereum block verification with 16 gpus instead of 160. the infrastructure blocking $100b+ of institutional l2 adoption just got solved. ...

spacex employees sitting on $500k-20m in equity just discovered ventuals perpetuals. 13,000 employees with zero liquidity can now hedge through spacex-usd perps at 3x leverage. openai and anthropic next. the first wave of employee shorts hasn't even started. tender offers used to be the only exit. now they're hedging 20-50% of positions before announcements and unwinding into strength. ...

polymarket secured cftc approval to operate as a regulated u.s. exchange. $986m weekly volume generated entirely from non-u.s. traffic. fidelity and schwab can now integrate prediction markets directly. ice committed $2b at $12-15b valuation. the last crypto product banned from america just got invited back with institutional rails already built. ...

monad refused binance's 10% token supply demand worth $300-500m at current prices. recovered from $0.024 to $0.05 without them. hyperliquid had 10-100x deeper mon orderbooks than tier 1 cexs. south korea delivered 35% of volume through upbit/bithumb. the extraction economy just broke. paradigm and dragonfly portfolio companies taking notes. ...

anoma protocol adapter live on ethereum mainnet. solvers execute intents across chains without users bridging. $xan down 77.5% from tge at $0.0262 with zero unlocks for a year. polychain and delphi put in $57m at higher prices. everyone chasing monad at $4.6b fdv ignoring the solver network that makes chains irrelevant. ...

x402 protocol processed 40m transactions with 90% from ai agents. 95% settle on base. everyone's buying ai agent tokens on solana but base captured the entire payment infrastructure. 37.2m of 40m total x402 transactions on base. coinbase built the rails and owns the settlement layer. ...

ondo just put $25m into figure's ylds token on solana. a $780m tvl operator doesn't throw around $25m for speculation. they're integrating treasury-backed yields directly into ousg. solana rwa tvl up 365% to $807m this year and ondo just validated the entire category. institutions aren't buying shitters, they're building permanent yield infrastructure on solana. ...

hyperliquid's largest mon short underwater $1.8m with liquidation at $0.173. opened expecting standard l1 dump mechanics but monad launched with 3.7m daily transactions and 153k active addresses day one. short needs mon below $0.173 or faces forced buying into fragmented liquidity across coinbase, upbit and solana dexs. every 10% rally adds $300k unrealized loss. the position either closes at massive loss or gets liquidated trying to outlast a market that just needs to hold current levels. ...

solana meme launches collapsed 50% from 220k to 110k weekly but dex volume held steady. capital didn't leave, it concentrated. the average degen wallet that aped 50 launches daily got destroyed by 99% rug rate. survivors with verified teams and exchange listings absorbed everything. https://t.co/31ZmEI0BSv casino didn't close, its customers went bankrupt. memes that survived november purge at 60% drawdowns with $20m+ fdv and coinbase listings are the concentration trade. ...

megaeth commands $60m in prediction market volume for a chain that doesn't exist. monad processes 2.8m transactions daily at $276m market cap and gets $2.3m. the 26x gap exists because megaeth hasn't launched to disappoint anyone yet. monad at $0.024 already absorbed its distribution disaster. betting on vaporware over working product defines this cycle perfectly. ...