Binance took a $1-2B hit from the hack. Sounds big? For an exchange printing money 24/7, that's pocket change.

Real question: How do they recover?

① Mass token listings - but quality projects are drying up
② Manufactured bull run + pumping meme coins
③ Push RWA + stock trading harder - but this takes time

My read: We're about to see a manufactured bull market. Every crisis = new opportunity window opening.

Exchanges don't just survive. They engineer the next cycle.