We are still doing our diligence on @TheInnerTable but one pleasant surprise from the process: i gotta say the @backabledotbiz UI is amazing hats off

I am sad for the loss of the fun we used to have But happy for the remaining capital in crypto to be less... how do I say this... dumb

The laws of physics dictate that solana:CARDSccUMFKoPRZxt5vt3ksUbxEFEcnZ3H2pd3dKxYjp can only have +/- 20% days

Extremely few products in crypto that you can look at and think "man usage could actually 1,000x-10,000x from here in the next year" and it would be a reasonable scenario to consider. But I think solana:Grass7B4RdKfBCjTKgSqnXkqjwiGvQyFbuSCUJr3XXjs ' Content and Search APIs could do it There are ofc tail notable risks to the product (e.g., lawsuits, regulation) But sometimes, you gotta bull-ieve

There are some tokens where retail will outperform funds because they "get" the product and are users ($PUMP, solana:CARDSccUMFKoPRZxt5vt3ksUbxEFEcnZ3H2pd3dKxYjp, $HYPE. ethereum:0x8881562783028f5c1bcb985d2283d5e170d88888 etc.) And there are some assets where retail won't "get it" and funds will be the ones who outperform. solana:CREDBHvVqREBCAxMihzr8D1nepHMr2gmQoZWpmgGmeta I suspect will be in the latter camp (sadly for our friends on CT and @fomo). "Boring" enterprise business that is crushing it, but that people on CT aren't users of, and the business value prop requires an understanding of payments flows to grok

Would be comical if we actually get a Black Monday after the bulls victory lapped from the green futures open last night Not the outcome I expect, but would be poetic

much red in the world but the purple coin is still green and i won't vaguepost: it's ethereum:0x8881562783028f5c1bcb985d2283d5e170d88888

No strong view on macro, i have learned i know nothing. But imo, if crypto nukes here, you - pick the handful of names you like - press the green button with righteous fury when we get liquidations - walk away from your computer - sell the next time we see "lower quality" assets ripping

We continue to focus on what I call "back-door" problems in onchain finance rather than "front-door" problems and it's severely limiting adoption. Back-door problems: - Options (@DeriveXYZ) - Tranching (@roycoprotocol) - STRIPS (@pendle_fi / @ExponentFinance - @papertrade_xyz - Exotic stables (@ethena, @SkyEcosystem) Front-door problems: - Onramping money - Removing anything to do with crypto (chains, gas) - Abstracting anything to do with wallets The back-door problems, while innovative, compete for the same set of onchain users. They do not expand the TAM. Many of them are niches within niches. Rather than refining your protocol, you are better off figuring out a way to grow the TAM via front-door problems. If not, I predict you will be replaced. In fact, I predict many of these protocols will be replaced by apps that solve "front-door" problems. In a few years, we will look back and say, "Remember that era when we all had chrome extensions and physical hardware wallets." I see no world where that becomes the norm. The companies that solve front-door problems will be the ones that dictate which back-door companies survive. You have been warned.

It's time solana:CARDSccUMFKoPRZxt5vt3ksUbxEFEcnZ3H2pd3dKxYjp

This PA gives me hope for the future of tokens capital markets We still get spurts of completely dumb price action (like we saw in Sept), but they are shorter than in the past and seem to revert much faster Quality stuff continues to, by and large, outperform. The great re-weighing continues

An underrated utility of the solana:CARDSccUMFKoPRZxt5vt3ksUbxEFEcnZ3H2pd3dKxYjp token is how entertaining it is to hold it. only makes double digit % moves. All gas no brakes You hope the gas is in the right direction (up) and it generally is

Imagine when this gets to 10b requests per day

Must-listen for anyone who cares about the future of the internet financial system Next level clarity of thought and clear communication from @WeiszM. Especially appreciate the level-headed view on what assets make sense to focus on near-term [private assets with 1) sufficiently high yield to be interesting and allow for looping and 2) consistent and relatively frequent+short-term cash flows] vs those that need time to make sense as collateral for lending (e.g., venture LP stakes) And well steered convo by @JasonYanowitz There's a long long way to go, but you get a clear sense for the ambition of what Michael hopes to accomplish We are, of course, long solana:KMNo3nJsBXfcpJTVhZcXLW7RmTwTt4GVFE7suUBo9sS

Now it's solana:CARDSccUMFKoPRZxt5vt3ksUbxEFEcnZ3H2pd3dKxYjp' turn to test its big boss: $0.3 I am a solana:CARDSccUMFKoPRZxt5vt3ksUbxEFEcnZ3H2pd3dKxYjp bull but tbh the token has such insane vol that I have given up making any short-term predictions on it. It will defeat the boss eventually though, no doubt

Very very few teams in crypto have the "taste" needed to acquire users from outside crypto at scale @fomo clearly does and now it's apparent that @noahdummett and the @shufflecom squad do as well

Another week, another ethereum:0x8881562783028f5c1bcb985d2283d5e170d88888 bullpost because they are firing on all cylinders: 1/ Team continues to prove it is operating at another level when it comes to marketing (landed @ShaneStoffer, going mega viral today because of their deal with @dohertyjackk - see QT) 2/ Shuffle.com had yet another record revenue week, ~$6mm (see chart) 3/ I saw the upcoming onchain casino product in person in SG, it looks amazing. Hyperliquid. of casinos Token still trades at 1x rev/mcap btw

Not a TA guy, but this looks ready to explode?

Interesting week for ethereum:0x8881562783028f5c1bcb985d2283d5e170d88888 1/ Business is booming: they had their best week of the year, making almost $6mm during the week 2/ There is a war being waged in the ethereum:0x8881562783028f5c1bcb985d2283d5e170d88888 order books. Highest volume week, by a huge margin, since the token launched in March 2024. My guess is we are undergoing a large shift of ownership from old to new hands as longtime holders sold into the rip PA from last weekend was the opening salvo, but I think the war is just beginning. And I have a strong sense for which side is going to win