Three things in crypto today that I think are worth keeping an eye on:
🔹 $SOL｜RWA continues to grow
Tokenized stock DEXs on Solana have recorded a cumulative trading volume of around $12.4 billion so far this year, including around $4.4 billion in September alone. Compared with short-term price movements, I’m more interested in whether traditional assets are actually starting to move on-chain.
🔹 $ENA｜A large token unlock
Around 3.03 billion ENA tokens have been unlocked since 10/5, representing about 20% of the total supply. But an unlock doesn’t mean an immediate sell-off. What’s more important to watch next is whether there are significant transfers and actual selling pressure.
🔹 $XMR｜Privacy technology continues to advance
Monero’s FCMP++ / Carrot stressnet is being tested, with a focus on strengthening its next-generation privacy architecture. It’s currently only a testnet, not a mainnet upgrade.
My take
The altcoin market isn’t short on stories right now, but the market is becoming more selective:
A narrative alone isn’t enough; ideally, there should also be usage, revenue, or genuine technical progress.
Will the next wave of capital chase RWA / DeFi first, or will it end up going back to meme coin speculation?
$SOL $ENA $XMR
#Solana #RWA #DeFi #Altcoins
🔹 $SOL｜RWA continues to grow
Tokenized stock DEXs on Solana have recorded a cumulative trading volume of around $12.4 billion so far this year, including around $4.4 billion in September alone. Compared with short-term price movements, I’m more interested in whether traditional assets are actually starting to move on-chain.
🔹 $ENA｜A large token unlock
Around 3.03 billion ENA tokens have been unlocked since 10/5, representing about 20% of the total supply. But an unlock doesn’t mean an immediate sell-off. What’s more important to watch next is whether there are significant transfers and actual selling pressure.
🔹 $XMR｜Privacy technology continues to advance
Monero’s FCMP++ / Carrot stressnet is being tested, with a focus on strengthening its next-generation privacy architecture. It’s currently only a testnet, not a mainnet upgrade.
My take
The altcoin market isn’t short on stories right now, but the market is becoming more selective:
A narrative alone isn’t enough; ideally, there should also be usage, revenue, or genuine technical progress.
Will the next wave of capital chase RWA / DeFi first, or will it end up going back to meme coin speculation?
$SOL $ENA $XMR
#Solana #RWA #DeFi #Altcoins