If you're still chasing the chain that announces the volume and ignoring the router collecting it, stop now.
Traders keep buying the first-order narrative and missing the token that actually processed the swaps. That's how you sit through a 678% week on something ranked 267 and tell yourself the real play hasn't moved yet.
$AURORA is the second-order effect sitting on top of $NEAR Intents. Aurora Intents handled more than $19 million of the $36.94 million submitted to the zkSNARKS auction last week, over half the total across 1,718 swaps. Not a vanity number.
They added $SUI as a one-signature destination and now power the new Solflare bridge. When a token starts looking like actual plumbing instead of another pitch, it usually reprices. $86 million market cap, rank 267, after a 678% week.
Feels a lot like watching Polygon in 2021 while people were still arguing about Ethereum gas instead of noticing who processed the overflow.
Anyone else rotating into these second-order plays, or still waiting for the L1 to catch up?
#Aurora #NEAR #DeFi
Traders keep buying the first-order narrative and missing the token that actually processed the swaps. That's how you sit through a 678% week on something ranked 267 and tell yourself the real play hasn't moved yet.
$AURORA is the second-order effect sitting on top of $NEAR Intents. Aurora Intents handled more than $19 million of the $36.94 million submitted to the zkSNARKS auction last week, over half the total across 1,718 swaps. Not a vanity number.
They added $SUI as a one-signature destination and now power the new Solflare bridge. When a token starts looking like actual plumbing instead of another pitch, it usually reprices. $86 million market cap, rank 267, after a 678% week.
Feels a lot like watching Polygon in 2021 while people were still arguing about Ethereum gas instead of noticing who processed the overflow.
Anyone else rotating into these second-order plays, or still waiting for the L1 to catch up?
#Aurora #NEAR #DeFi
