validator economics continues to pressure medium-term allocation
The healthier setup is alignment: lending markets improving while NFT liquidity stays orderly.
If both lending markets and NFT liquidity improve together, follow-through is more believable.
That debate sits next to today’s market focus around “BitFuFu’s October Bitcoin Mining Output Falls Despite Steady Hashrate.”
Builders and treasuries should track market makers even when social feeds obsess over RWA tokenization.
Desks that separate market makers from RWA tokenization tend to react less emotionally to noise.
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