MikeS

~ $771M+ stolen in first four months of 2026. Sensitive data exposed onchain is still a major pain point. Still feel like privacy stops as an add-on. Has been watching Arcium closely and how they try to bring encrypted computing infra mainstream. Value Prop: Letting

Stablecoin time-to-$1B is compressing fast. USDT: 38 months (Oct 2014) USDC: 22 months (Sep 2018) PYUSD: 13 months (Aug 2023) FDUSD: 6 months (May 2023) $USD1: 3 months (Jan 2025) Each case had a different distribution engine. USDT had a first-mover advantage and exchange

Insane move from $RAVE. Price kept pushing higher despite -2% funding for the last 2 days. As tempting as the short looked, the constant squeezes + expensive funding made it unattractive to hold. Now funding has normalised, we've seen a pullback and volume is declining. Feels

Prove your belief 🙏

Bought the weekend BTC dip. We already knew the first round of talks was unlikely to reach a resolution, and I expect a new round to open up soon. Saylor/STRC bid still looking strong with CB leading the flows. Let's see if we hold above 72k today for continuation.

RWA perps are eating TradFi volume. Silver perps on crypto exchanges are now 13.58% of COMEX. Gold at 3.6% (Acc. Binance Research). Aster is launching gold, silver, and crude oil perps settled in $USD1. Smart way to embed a stablecoin into a category that's growing.

BTC looks decent. I see two scenarios: cease-fire clarity triggers relief rally, or escalation causes a fast flush before a bounce (since worst case is priced in). Also April is historically strong - BTC closed green 9 out of 13 times. That said, I'm only interested in two

$LIT has been bleeding since TGE - from $2.10 down to lows around $0.70 before bouncing. Currently sitting just under the VAL at ~$1, so will see if this level holds. Two things dropped this week. Wallet in Telegram went live yesterday with perps powered exclusively by Lighter -

$LIT has been bleeding since TGE - from $2.10 down to lows around $0.70 before bouncing. Currently sitting just under the VAL at ~$1, so will see if this level holds. Two things dropped this week. Telegram Wallet went live yesterday with perps powered exclusively by Lighter -

When asked about the long-term primary use case for tokenized assets, 150 operators said: 37% building blocks for new financial products. 29% balance-sheet collateral. 24% liquidity and trading. Only 9% treasury management - and among issuers specifically, zero. Probably because

Strong launch from $PRL so far despite weak conditions. 0.15 as the clear invalidation level.

A good read if you want to understand Hyperliquid better - fundamentals, growth, and how the ecosystem is shaping up. Personally holding BTC, HYPE and SOL as my core long term positions.

The race to build payment rails for AI agents is accelerating. Coinbase shipped x402. ~100M agent transactions on Base. Circle launched Programmable Wallets on Solana. Now WLFI enters with AgentPay SDK: → AI agents can hold funds, transact, and settle autonomously across EVM

Although Ethereum and Tron lead in stablecoin supply, Solana is already competing on transfer volume, processing ~$650B+ in February alone, ~2x prior highs. Payment and settlement flows are scaling fast (~755% YoY), alongside a few key developments: → Visa piloting USDC

USD1 has been expanding its integration footprint faster than expected. In the past few weeks: → Binance: added as collateral for margin and futures (with a 1.2x multiplier, no cap) → Dolomite: ~7.9% APY via lending, with additional $WLFI incentives → Myriad: used as the base

Timely announcement - first official S&P 500 perpetual contract on HL:

HIP-3 perp DEX OI just hit ~$1.3B (ATH) - and it’s not crypto driving it. → Commodities: $657M → Indices: $267M → Equities: $240M → Crypto: <$50M 85% of OI is TradFi exposure. Oil alone went from near zero in Jan to ~31% share in ~2 months.

$HYPE - one of the few protocols that remains extremely profitable regardless of market conditions. HIP-3 expansion into commodities has brought in traders seeking continuous exposure to oil markets. We're seeing ~$10m in weekly buybacks, with ~14.1% of circulating supply

BTC and majors still showing strength. Asia session has been consistently bid and Binance spot CVD finally pushing higher after prolonged selling. Bias toward continuation from here - looking for BTC to reclaim $80k, ETH $2.4k and SOL $100.

x402 transactions on Base approaching 100M. Real usage. AI agents are starting to transact at scale on crypto rails. Why crypto over cards? Credit cards need a human with a bank account behind every transaction. Agents can't open bank accounts. Stablecoins don't need them to.