Institutional clients moving into Bitcoin add real backing to the AI-to-crypto rotation. T. Rowe Price's digital-assets head Blue Macellari said the $1.86T manager is actively bringing clients into Bitcoin and other crypto assets; trillions in capital are expected onchain over the next few years. At a conference with well over $50T, if not $100T, in AUM, many said the rotation has begun. It should accelerate in Q4, and the next crypto leg will be aggressive, with many still sidelined. x.com  … Show more

Digital assets including Bitcoin, Ether, Solana and XRP could see the largest crypto rotation ever, as a 1-2% shift out of global equities or a stalled AI trade would dwarf 2017 ICO and 2021 retail money. Unlike earlier retail-and-leverage cycles, spot ETFs can absorb billions, corporate treasuries hold large BTC stacks, and tokenization gives TradFi something to underwrite. The 2024-25 ETF wave proved institutions buy when the wrapper looks like a mutual fund. x.com 

Growing onchain stock activity makes cryptocurrencies less compelling even as blockchains succeed. Active RWA TVL in DeFi rose from $15M to $332M in ten months, over 20x. Stocks are set to eat crypto on its own turf, not the other way around. x.com 

Money is starting to rotate into crypto, including Bitcoin, Ethereum and Solana. As @blknoiz06 puts it, if this outperformance continues, the amount that could rotate into crypto is hard to fathom, given the ludicrous realized gains from AI stocks over the past two years. x.com 

Solana's biggest opportunity may be the financial ecosystem forming around it rather than SOL's price, as more trading, lending, staking, tokenized assets and derivatives create demand for its blockspace. Jupiter is expanding into lending, Helius builds staking infrastructure, Sentora runs stablecoin vaults and xStocks brings tokenized equities. SIMD-0553's resource-based pricing could turn more activity into more fees and SOL burned. Solana ETFs drew $10.26M last week, a seventh week of inflow. … Show more

Solana is struggling to sell blockspace, a commodity racing to zero, while heavily diluting holders. At this year's rate, fees come to about $300M against roughly $2.4B of newly minted SOL, and fees are down about 79% year over year amid competition from Ethereum, Base, Hyperliquid, Near and others. SOL is not money either, so neither a profitable-chain nor a monetary-premium bull case holds. Nasdaq earns 17x what Solana does while buying back about twice as much and issuing no shares. x.com  … Show more

Crypto assets should reprice upward as purchasing power falls and nearly everything else costs more. Tokenization is still in its earliest stage and should reward patient investment in projects positioned to capture it; an altcoin portfolio centered on Ethereum and value-accrual tokens, with some Robinhood and Arc exposure, should outperform nearly everything over six to twelve months. Robinhood and Arc chains may drive much of the broader altcoin expansion. x.com  x.com  x.com  x.com 

Platforms and assets serving compliant token fundraising stand to benefit from the SEC's proposed Reg CA, which pairs light private-placement burdens with public reach and immediate liquidity. Coinbase, which runs Coinbase Token Sales, and Robinhood gain from users, wallets, chains and distribution; Circle from raises in USDC; Ethereum, Solana and Avalanche as leading chains; Hyperliquid and Uniswap as liquidity venues. It is only a proposal and may tighten; back the shovels, not the projects. … Show more

The era of buying Ether or Solana to make money looks over, as money circulates among smaller tokens while the majors stay flat. First Robinhood's chain and now Arc have drawn the flows. Even whether ETH and SOL are safe havens is debatable, since the top 100 shows these patterns will change. x.com 

Solana's AI case is strengthened by the Alpenglow upgrade, which makes the chain much faster. It is the best chain for AI, with the cheapest and fastest infrastructure and the best engineering, and has legitimate ownership of the AI sector. It is also under-owned after holders sold it for other assets, and pre-IPO stocks trade on it 24/7. x.com  x.com