$ONDO CLARITY stalling in the Senate didn't stop RWA tokens from holding their range while broader risk assets ripped, and that's the part worth noting. This corner of the market usually lives or dies on regulatory clarity, so a steady tape through a failed vote suggests positioning for continued progress through the SEC's existing authority rather than waiting on Congress. Liquidity stayed orderly through the move too, no thin-book spike. Watching whether a hot CPI print undoes this calm or whether the multi-asset green cuts both ways. #Macro Insights# #Altcoin Season#