I was planning to chill at noon, but then I opened BlockBeats' Solana net inflow chart, and it got me sitting up straight.

ONYC has a net inflow of around 1.8 million bucks. WBTC trading on-chain is also buzzing. JUP's net inflow is over 500k. HYPE's transaction volume for wrapped assets on Solana is over 40 million, showing it’s not just memes going at it. Infrastructure and wrapped BTC are also raking in cash.

This doesn’t repeat what I wrote earlier about the CARDS meme narrative. CARDS is more about emotions and market expectations, while this is more about “money finding its footing on-chain.” ETF saw a net outflow yesterday, yet on-chain, it’s moving houses. I think in the short term, don’t just watch the big coin's candlestick; keep an eye on where stablecoins and wrapped assets are flowing.

I don’t hold ONYC, just keeping an eye on JUP and mainstream wrapped assets. A sustained net inflow for over two days is what counts as a signal; one day doesn’t cut it.

Articles about capital flow are the most boring yet crucial. When they’re so boring that you’re willing to read them, that’s often when things haven’t gone crazy yet.

$JUP #链上 #Solana