ray

Trillions in stablecoins move on ETH and SOL and the user never touches either one. Paymasters eat the gas.
The demand does not disappear. It just stops coming from anyone you can see.

One thing worth knowing before you post: the record came off a Treasury buyback expansion and a $2.7B short squeeze, and ETF holders are still underwater at an $84,029 average cost basis.
The record is real, the setup is a rebound from $62k, not a breakout.

Strap in.
$ETH is about to go PARABOLIC.
//

Goldman's $SOL ETF book went from $108M to zero to $88M in six months. Nobody at Goldman changed their mind.
The bank hedges what clients ask for. Q1 nobody asked. Q2 they are back at the top of the holder list.

Fidelity says the power law floor held. Same note says the winter may already be behind us.
Everyone is waiting for capitulation. The clock ran it out while they watched.

Wallets under 1 bitcoin:native are loading again. Last time that pattern showed up, it was the bottom.
Retail is supposed to be the exit liquidity. The chart keeps insisting they were early.

M2 grows about $700B in an average year. 2026 is seven months old and has already added $862B.
Twenty seventh straight month higher, $23.22T on the board. Nobody is calling this easing. It spends the same.

the road to $100,000 has begun for $BTC .

The quantum debate always ended the same way.
Fix it and you fork Bitcoin, and Bitcoin does not fork.
StarkWare just mined a quantum safe transaction on mainnet.
Consensus rules untouched.

A Nasdaq company just averaged into SOL at $98.14 while everyone else called the top gone.
19,000 more coins. 2.33 million on the balance sheet.
That is not a trade anymore, that is absorption of the float.

Most teams sit through the unlocks and hope the VCs stop selling. Ethena is buying them out instead.
Monthly unlocks gone. Revenue into buybacks. Token holders and equity holders finally own the same thing.

Eight sessions. Not one red day. $3.16B of BTC and ETH into IBIT and ETHA.
Everyone is still waiting for the catalyst.
BlackRock stopped waiting last week. The BULL RUN is here.

Motion on the toes 🦶

Thirty nine state banking associations just built a "bank chain alliance" to put payments and assets on a chain they own.
No product, no timeline, no name of the thing.
They announced the alliance first because the alliance was the point.

Bitcoin took $314 million. Ethereum took $180 million.
Both streaks are exactly seven days old.
Two funds do not start on the same Tuesday by accident.
Somebody made one decision and split it.

Coinbase issues the shares, custodies the shares, owns the chain, wrote the token standard and lined up fifty protocols for launch day.
Its cut of the deposits is 1.8%. Uniswap has the rest.

$USDT.D
HAMMER TIME

$BTC ON THE WAY TO $100K 🚀

$JUP READY TO PUMP 💎

Connect the dots