Not all altcoins are pumping for the same reason. The ones pulling ahead have something most tokens don’t: real revenue. “They all print revenue.” “The cash flow generating tokens, the tokens with buybacks and a real revenue story, are outperforming disproportionately.”

recently we've seen the nft space revving up... -new apps like @nfwdotfun -new defi models like @standard_rsv charters -new ai advances like @surfcoderepeat's IMD -new bustling mints like @jackbutcher's Credits -new opps like @token_works' cheap FWA 'Punks in other words it's a target-rich environment once again. it's easy to adventure and be rewarded in various ways again (and quite often literally with tokens) ofc... new releases make for new expansions new expansions make for new ideas new ideas make for new releases 'round and 'round so as things heat up like we're seeing now, this loop starts wheeling faster, thus new possibilities arrive faster too. don't sleep on this!

Thanks for everything, @HesterPeirce 🥲

zcash:native doesn’t need to catch $BTC to become a real competitor for crypto’s store-of-value flows. “It’s sort of the Bitcoin play, but private.” “It’s hard to say that Zcash is a Bitcoin competitor when you have a $1.7 trillion asset shoulder to shoulder with a $26 billion asset.” “But… it is a competitor for the marginal flow of dollars in 2026 buying assets.”

.@JustDeauIt is now putting an 85% probability on bitcoin:native being in an early bull market. Ryan breaks down the signals behind his thesis: “The golden cross was confirmed.” “37% of all supply now sits” in the $56K–$92K range. “A lot of the leverage got flushed out during this bear cycle.” And after reclaiming the 50-week moving average: “That would be, according to all previous times we’ve seen it, the end of the bear market.”

Once more into the breach, NFT enjoyooors. While memes have dominated the spotlight in recent years, the NFT space is also heating up again through no shortage of fresh experiments.

The September $VVV Call 📺 Live on 𝕏 — Mon, Sept 28 · 3pm ET This month in Venice: - Record Daily Signups - Record Daily Tokens - Largest VVV burn - Annual VVV emissions lowered 3M -> 2.5M Join @JonShapeShift and I as we cover the month in Venice! Monday!👇

WEEKLY ROLLUP: The Bull Market Is Back! But Bitcoin Isn’t Leading It? The bull market may be back, but Bitcoin might not be leading it. @RyanSAdams and @TrustlessState break down the early-bull signals, Zcash and NEAR’s surge, rising yields, Kalshi’s wash-trading controversy, and BlackRock’s expanding crypto push. [TIMESTAMPS] 0:00 Intro 0:28 Early Bull Confirmed - @benjamincowen - @saylor 13:23 New Bull Market Leaders - @Delphi_Digital - @TrustlessState - @CosimoCapital 33:18 Rising Yields & the Debasement Trade - @Geiger_Capital 42:29 Kalshi Wash Trading Drama - @icobeast - @beniduboss 47:57 Vitalik Backs Trueo - @VitalikButerin - @Trueo_ 54:37 New Tokens & Institutional Crypto Expansion - @variational_io - @Ondo - @WSJmarkets - @BlackRock

Can meme coins grow up without losing what makes them meme coins? @econoar thinks they can. “It’s never gonna enter suit territory. That would be just a complete oxymoron.” “I think we’re seeing maturity on the financial side.” “These meme coins are getting listed quickly on perp exchanges, and that creates a more mature market.” “Adding a bit of social accountability to the meme layer… is important.”

Venice chooses NEAR. venice.ai/blog/venice-launch…

1,000 likes and @RyanSAdams will rap forreal

NEW REPORT: Is the "Early Bull" Actually Confirmed? Mike is finally ready to call it: Bitcoin has likely entered the early-bull phase. @JustDeauIt and @RyanSAdams break down the Golden Cross, the reclaim of the 50-week moving average, the market-structure reset, and why seller exhaustion has pushed Mike’s confidence to 85%. They also cover fading macro fears, Saylor’s return as a buyer, and the key levels that could confirm or challenge the new cycle. [TIMESTAMPS] 0:00 Intro 0:14 Early Bull Emerges 4:24 Coin Rotation Strengthens 10:14 Golden Cross Confirmed 12:56 Bull Case Checklist 17:09 Buyers Reappear 22:52 Macro Noise Fades 30:58 Ben Concedes Bull 34:08 Key Levels Ahead 38:12 Riding Winners Higher

Wrote about why this cycle may see BTC underperformance. TLDR: BTC faces headwinds from institutional capture, a culture crisis, and the quantum threat, while the tailwinds have dried up. Last cycle we had ETFs, BSR, a president running on a pro-BTC platform, DATs. What’s left? Contrast that with alts, which have real fundamentals now and real opportunities to grow: more users and access to entirely new markets as regulation opens them up. I wouldn’t be surprised if people increasingly focus on alts and bid them rather than BTC, especially as we make more progress on quantum.

Are meme coins just a permanent part of crypto now? @econoar sees it as part of where finance itself is heading: “Robinhood finally starts tokenizing things like stocks, and the first thing people do with it is create meme stocks.” @andy8052 takes it even further: “Every cycle memes have been like at least a bit of an undertone of what happens.” “Crypto has proven it’s very good at speculation on both the sophisticated end with leverage and the degenerate end with memes.”

NEW EPISODE - FOMO, Meme Stocks and Robinhood Chain | @andy8052 & @econoar Eric and Andy join @TrustlessState to unpack how @fomo is changing meme coin discovery, which signals they actually watch before buying, how AI can surface bundled wallets and red flags, and the brutal reality of knowing when to cut a loser. From social trading and copy traders to information asymmetry and finding the next runner, this is a look inside how the meme coin game actually works today. CHAPTERS --- 0:00 Meme Coins Are Back 5:47 Can Meme Markets Mature? 7:48 AI as a Safety Layer 13:10 Stock-Paired Meme Coins 17:01 Building Stronger Schelling Points 21:00 Will Public Companies Care? 28:56 The Community Takeover Scenario 32:18 Meme Coins as a Liquidity Engine 36:16 How Andy and Eric Use FOMO 42:39 What Signals Actually Matter 47:54 When Do You Sell a Loser? 52:26 FOMO Rewards and Public Trading Data 55:36 The $20K ETH Jinx

The Internet Needs Crypto to Survive AI: piped.video/watch?v=TKVY4hVA… One of the most exciting, and underrated, developments in crypto atm revolves around this @Bankless conversation with @eastdakota of @Cloudflare. ~20% of all websites are routed through Cloudflare, and in this conversation Matthew tells us that the business model of the Web is under attack. To put it simply, agentic traffic is exploding, and agents don't click on ads, but ads underpin much of the "free" stuff we get online. The infrastructure is creaking under agent load. Matthew's assertion is that microtransactions, at a scale not previously seen, will be needed to pay for access to content, as the advertising model of the Web falls apart with agents. Crypto people have talked about microtransactions forever, but it was for people, which never worked, whereas we're now contemplating it for agents. He says Cloudflare handles ~500M requests per second, and that 1-10% of those requests may be suitable for this microtransaction model. A blockchain environment is the only payment network that could theoretically handle this scale, and it would need to hit 5-50M TPS. 5-50M TPS in prod dwarfs anything yet attempted in crypto, and is far beyond anything TradFi can handle. There are very few blockchain environments that could conceivably provide this throughput. Just as important as the scale, is the model and trust assumptions. While Cloudflare may roll this out as a solution for its customers first, what's implicit here is the potential for an entirely new business model for the Web. If Cloudflare walks this path, I hope that what they build has permissionless validation, allowing for anyone to audit the network. Cloudflare has been a torch bearer for the open Internet, and so it only follows that if they're to pioneer a new business model for the Web, that the architecture be an open network. Doing so will engender the most trust, goodwill, and adoption in the long run. Web 3.0 is dead, long live Web 3.0.

NEW EPISODE - How Robinhood is using the SEC's New Innovation Exemption | Johann Kerbrat @RobinhoodCrypto's @JohannKerbrat joins @TrustlessState to unpack what the new Innovation Exemption could unlock, why stock trading is moving toward 24/7 markets, and how Robinhood is connecting tokenized equities with DeFi, perps, and Ethereum. His bigger prediction: eventually, there won’t be a “traditional market” and a “blockchain market.” There’ll just be one market. CHAPTERS --- 0:00 Bringing Tokenization to the U.S. 2:17 How Robinhood Stock Tokens Actually Work 5:19 TradFi Pushback and Demand for Tokenized Stocks 7:59 Voting Rights, Redemption and DeFi Utility 10:29 What Happens When Stocks Trade on Weekends 13:42 Will Blockchain Become the Primary Market? 18:46 Robinhood Chain’s Early Traction 21:22 Beyond Stocks: Real Estate, Gold and More 24:22 How Robinhood Chooses What to Build 26:36 What U.S. Users Still Can’t Access 29:49 Combining Tokenized Stocks With Perps 32:51 Why Robinhood Chose Ethereum 35:32 AI Agents and the Next Robinhood Products

EARLY ACCESS: How Robinhood is using the SEC's New Innovation Exemption | @JohannKerbrat 🟢 Out now for Bankless Premium subscribers 📅 Out on public feeds Monday, September 21 Sign up for early access and the ad-free version now 👇🏻 bankless.com/podcast/how-rob…

zcash:native is ripping on almost no obvious catalyst. “@Zcash is the way that the crypto market is expressing that trade because it’s a faster horse than Bitcoin.” “Zcash is actually stealing @Bitcoin's thunder.” “The fact that Zcash outperformed during the bear market and continues to outperform is somewhat abnormal from previous cycles.”