because if you've observed well enough

you'll realise hype is not a risk on coin

flows move out of hype to chase greater returns in times of risk on

but returns to safe haven when things get uncertain

remember how almost all of ct hid in hype just months back

its not that ct doesn't understand how great hype is fundamentally

we have constant .hls bullposting about hype almost everyday to remind people

its just the expectations of upside ceilings and the urge to chase greater gains in times of good conditions

all just short term pa for hype anyw

$USELESS listed on Binance futures

via @NewListingsFeed

genuinely think during the next sol onchain szn heaven is gonna cook

however, there would be a lot of things to work on esp onboarding some deployers, marketing, getting a runner going, and more to really kickstart things

the flywheel is useless if there is no demand

incentive programs should start soon + foundation grants (starseed)

we'll see how that goes first

FEDERAL RESERVE TO RELAX RULES ON CRYPTO BANKING ACTIVITY BY ENDING ITS SUPERVISION PROGRAM: BBG

🔗 velo.xyz

Coinbase says a full altcoin season may be approaching, driven by rising institutional interest in ETH. Altcoin market cap is up over 50% since early July, with LDO gaining from ETH’s rebound and SEC support. A September Fed rate cut could boost retail inflows. 一 link

According to beaconchain data, 355,919 ETH are currently in the Ethereum validator entry queue, with an estimated wait time of 6 days and 4 hours. The exit queue holds 831,056 ETH, with an estimated wait of 14 days and 10 hours. The network currently has 1,085,264 active validators, with approximately 35.6 million ETH staked—representing 29.46% of the total supply. — link