Treating this futures account as an experiment. High risk, high volatility. No promises, no guarantees. Just sharing the journey — let’s see how far this can go.
* Remaining Solana-side revenue after GT buybacks will be used to buy back $GMX for the staking rewards pool. * A 180-day unstaking timelock will apply to staked GMX and esGMX on Arbitrum and Avalanche.
The buyback mechanism adds demand for $GMX , while the 180-day lock reduces the flexibility of stakers to exit.
The key question is whether sustained buybacks and reduced liquid supply can offset selling pressure over time.
NEAR’s House of Stake is voting on HSP-029 to reduce maximum token issuance from 2.5% to 1.6% over 24 months.
* ~11.8M fewer NEAR tokens issued over 2 years * Staking yield expected to fall to ~3.4% * The 90/10 allocation split remains unchanged * Voting ends November 2, 2026
Lower dilution, but also lower staking rewards. Will this make $NEAR more attractive to long-term holders?
I’m watching for a possible bounce toward $2,500–$2,550, but I’m not convinced it can hold. A rejection there could send ETH back to test $2,350–$2,400, where the rising trendline comes into play.
$BTC isn’t helping either. If it gets rejected around $84K, I think altcoins could take another hit.
Still, if BTC breaks higher and ETH reclaims $2,550, I’d reconsider the bearish view.
For now, I’m leaning toward another pullback before a real recovery.