Abstract is shutting down on december 15.
It had 400K+ users, 144 apps and 325M transactions.
Igloo still lost tens of millions of dollars funding it over about 18 months.
I think this is a more useful L2 failure to study than Blast, because it’s a different failure.
Blast’s TVL fell 98% from $2.27B. Its daily revenue the day before the shutdown was $110.
Nobody was using it.
Abstract had users and still couldn’t pay for itself.
Here’s the mechanism.
An L2 earns its revenue from fees:
> Brand brings wallets
> Some wallets become active users
> Active users make transactions
> Transactions pay

Diving Observation Diary 10.12
Yesterday, I already felt that after Singapore, Shenzhen would most likely be next to erupt. Sure enough, a bunch of people started reaching out to me last night and today. Since they can’t wait until my drinking gathering on the 16th, let’s have a preview version tomorrow. Also, do your wives really not control you? How can one after another of you spend more than ten days partying outside, then still keep partying after returning home?
What I wrote today is essentially the second half of 2049, because I made many new plans for myself on the plane. I feel that p

we are witnessing once in eternity scenario
you will never see $FONE this low in your entire life
bid or die

At some point in life, you will realize that people are essentially alone.

$PYTH ‌
🟢LONG · 15m · R:R
1:1.5 · Strong setup
Entry
0,08929
Stop
0,087232 −2,3%
Take 1 +3,46%
0,092376
Take 2 +5,76%
0,094434
Take 3 +8,07%
0,096491
$GER40 ‌PROFIT TO EVERYONE 💲💪💲🤝
DYOR 🤔

Expert warns Bitcoin: 'Exhausted selling' indicator just flashed a notable signal
The Seller Exhaustion Indicator has returned to a sensitive zone.
After Bitcoin recently surpassed 85,000 USD, the Seller Exhaustion Indicator began sending notable signals.
⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.

New User Campaign: Trade & Win Up to 200 XRP
The Erica Hazel New User Exclusive Campaign is live, giving eligible new users a chance to win rewards through trading.
What’s in it for you?
• Win up to 200 XRP • Earn up to 3 lucky draw entries • Win position vouchers worth up to $100 • Both Spot and Futures volume count
How to participate:
1: Register with link bellow
2: Complete KYC,
3: Reach trading volume milestones of $500, $2,000, and $5,000 USDT.
📅 October 12 to November 12, 2026
Join now:
Trade responsibly. Rewards are subject to campaign terms and eligibility.

Can i get a gm? 🌞

Booked a young model
@wolfyxbt paid, says she’s a Thai model
2,000 yuan—I feel like I made a killing!

📅 This Week’s U.S. Stock Market Outlook | 10/12–10/16
After reviewing this week’s U.S. stock market schedule, the editor has picked out three key themes👇
① Q3 earnings season kicks off for major Wall Street banks
② U.S. CPI and PPI data will be released in succession
③ $ASML and $TSM earnings reports will test semiconductor market conditions
Inflation data, the banking sector, or semiconductors? Plaza residents, which theme are you most focused on this week?
Bullish or bearish is fine—give us your reasons first👇
https://www.gate.com/post
‍#美股 #Gate股票

$POWER This afternoon's trade has hit TP1, brothers, quickly check whether the money has arrived🤩🤩
Long long long🔥🔥Tp2: 0.088Tp3: 0.091Tp4: 0.096Sl: 0.0805power congabeo$UA $AZTEC

🚨 92,650,000 $ARB TOKENS TO BE UNLOCKED ON OCTOBER 16
Worth approximately $18M
this represents 1.56% of $ARB's total supply
#ARB #Arbitrum #Crypto

$NEAR broke the 4h broadening wedge and cleared $5.60.
Price is ~5.84 and holding the break. Long while that level stays support. Next zone is $7.00–$7.20.
A 4h close back under $5.60 kills the idea.

$ATOM Short entry price: 1.851; take-profit targets: 1.790 and 1.700; stop-loss: 1.920. If selling pressure continues to increase, the trend could become quite challenging. The bulls need to rebound convincingly to turn the situation around; otherwise, the price may still have room to fall further.

October 12 Evening Strategy Plan Priorities, for Followers Only
Current Execution Priorities
First Priority:
2532–2538: Go long after confirming a bottom
Second Priority:
2550–2558: Go short if the upward push is rejected
Third Priority:
Break above 2560 and go long after a confirmed pullback
Fourth Priority:
Break below 2528 and go short if the rebound fails
Around 2540, it is recommended to stay on the sidelines; it is not suitable to directly chase longs or shorts with a heavy position.
$ETH

Open a short position near $ETH 2550, take profit at 2520-2500, and set the stop loss at 2570. Follow me for precise strategies shared daily, join Strategy Q, and follow me in the livestream at 8:30 PM every night

$S Current price is 0.05614, up 17.52% over 24h, with a trading volume of 46.9M USDT, but the moving averages remain bearishly aligned: MA5=0.05836 is below MA20=0.06063, the MACD histogram at -0.001081 has not turned positive, and RSI is only 47.3. This is a typical “price rebound, indicators not yet recovered” structure, with the risk of chasing higher outweighing the opportunity.
Here is a reusable method: to determine whether a rebound is healthy, look at three points—whether the price can rise above MA5, whether MA5 can cross above MA20, and whether the MACD histogram continues to narrow

#阿斯麦与台积电即将发布Q3财报 The real stress test for the AI trade is just beginning: two earnings reports in 48 hours
The AI trade is still moving higher, but a tough round of validation is coming this week. Last week, all three major U.S. stock indexes closed higher. A rebound in technology stocks helped the market withstand upward pressure from oil prices and Treasury yields, while the Nasdaq Composite rose for a fourth consecutive week. As the new week began, S&P 500, Nasdaq 100, and Dow futures were broadly little changed, with investors clearly waiting for new catalysts. One of the most important se