Good morning.

BTC grinds above EMA while altcoins do the actual moving.

Mantle's tokenized asset count jumped from 71 to 1,473 this year, with Distributed Asset Value up 110% to $476M in 30 days.

Yet XRP is the one major printing red.

Regime check:
• Above EMA
• Greed at 70
• Slope still climbing, no resistance test yet

Tokenization flow keeps building underneath the majors, while XRP absorbs the only real selling pressure this morning.

Question now:
Does tokenization volume pull broader risk appetite up...
or does XRP's weakness spread to the rest of the majors?

XRP Coffee Break later ☕

$BTC