cross-exchange spreads still sets the tone for narrative durability

Risk is easiest to ignore precisely when it is most expensive.

That debate sits next to today’s market focus around “Binance hackers begin swapping stolen Solana tokens for Bitcoin: Chainalysis.”

Mapping stablecoin velocity against stablecoin settlement is a simple way to stress-test a thesis.

Revisit assumptions weekly; markets change faster than slogans.

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