Any positive developments in new on-chain businesses are good news for BTC.


Because new businesses can always attract some off-chain funds onto the chain, and those making profits will always allocate some BTC.
This includes ICOs, DeFi, NFTs from that year, and recently the stock RWA promoted by major CEXs.
However, how big the stock RWA can become depends on whether on-chain can seize the pricing power.
For example, the recent IPO opening price of Cebebras was set by Hyperliquid, no longer by Wall Street's forecasting institutions.
As for stocks already in circulation, a market with 24-hour trading, various leverage, and derivative tools, seizing the pricing power, is hoped to be very significant.
It is very likely the starting point of the next crypto bull market.
BTC1.72%
RWA-0.9%
HYPE-2.59%
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