Solana DEX Orca and lending platform Loopscale are merging to finance real-world assets like AI and defense.
The new company, Formation, is targeting regulated U.S. markets. This is a full pivot from pure on-chain DeFi to a TradFi-facing model, and the market is bidding it hard: +26.5% on the day, pushing right into the 7-day high of 0.0555.
That move just printed an RSI of 79.
Is this the start of a new RWA narrative, or are you fading a pump this overbought?
$S
We post through the day, every day. Follow if this is useful.
The new company, Formation, is targeting regulated U.S. markets. This is a full pivot from pure on-chain DeFi to a TradFi-facing model, and the market is bidding it hard: +26.5% on the day, pushing right into the 7-day high of 0.0555.
That move just printed an RSI of 79.
Is this the start of a new RWA narrative, or are you fading a pump this overbought?
$S
We post through the day, every day. Follow if this is useful.