Latest Articles
KaspaRocket Has 180 Live Covenants. But How Much DeFi Activity Do They Represent?
KaspaRocket has 180 live mainnet covenants, but their trading activity remains a far more important question.
Meteora Looks Cheap at $180M. But Is Its Revenue Telling the Whole Story?
Meteora's revenue makes MET look undervalued, but token unlocks and conflicting figures complicate the investment case.
IOTA’s TWIN Enters EU Freight Pilot as Sweden and Estonia Test Digital Cargo Data
A Baltic freight pilot tests IOTA-linked infrastructure, but whether anything reaches the blockchain remains an open question.
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Wall Street Joined Arc. But Is Institutional Money Actually Moving On-Chain?
Wall Street is helping operate Circle’s Arc, but validator seats and product deployments do not yet prove institutional capital is moving on-chain.
TVL Is Not Capital. Here’s What That Number Actually Measures and Hides
A billion dollars locked in DeFi may conceal overlapping claims, leverage, concentrated deposits, and weak demand.
Pump.fun Is Facing a Boycott. Who’s Still Paying the Fees?
Pump.fun faces a trader boycott, but its shifting fees and $2.5M competition complicate the story of who really benefits.
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