stablecoin velocity is overpricing narrative durability

Ignoring stablecoin velocity because stablecoin settlement looks exciting is how late-cycle mistakes compound.

Even when feeds obsess over “Layer 1, Rollups and Sidechains: The Key Differences,” the durable question remains process versus prediction.

Ignoring protocol revenue because exchange reserves looks exciting is how late-cycle mistakes compound.

Ignoring venture funding because US session flows looks exciting is how late-cycle mistakes compound.

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