المنشور

$HYPE is down 22.6% from its ATH after the local peak debate last week. Still generating $75.3M in fees this month, up 27.1% month-over-month, with $60.1M returned to holders. Thesis remains unchanged. $AAVE is temporarily testing the BTC Babylon vault, which is still processing through governance. rsETH has been fully restored. Currently 90.5% below ATH. $PENDLE is still targeting the CLARITY Act signing on July 4. Fixed yield infrastructure remains strong, with sPENDLE staking up from 20% to 57.9% since January. 83.3% below ATH. $ONDO trades the same CLARITY Act narrative at the infrastructure layer. 83.7% below ATH. $INJ sees the tokenized IPO access narrative surge 9x on CT this week. It is the first L1 to announce regulated tokenized assets, IPOs, and on-chain equities. $RAIL is down 52.5% from ATH. ZEC dropped this week after a critical Orchard Pool bug was discovered, existing since 2022, with Arthur Hayes selling his entire position. $ETHFI has 70k active cards, $2M in daily card spend, and buybacks happening daily. Still being valued like a restaking protocol at 96.5% below ATH. $RAIN unlocks $686.2M this week, representing 8.3% of circulating supply. The single largest unlock on this list by a wide margin, with no protocol foundation to absorb it. $ME (Magic Eden) unlocks $10.2M, representing 30.74% of circulating supply. The biggest impact on circulating supply this week, nearly one-third of the float in seven days. $WLD unlocks $19.2M, representing 1.17% of circulating supply. Still no product updates from my side. $PUMP unlocks $15.1M, representing 2.86% of circulating supply. $TRUMP unlocks $10.3M, representing 2.66% of circulating supply. No protocol foundation to absorb. Macro CPI on Wednesday at 8:30 AM ET is the main event. Last Friday's NFP report came in at 172k vs 80k expected. The 10-year yield is at 4.71%, the 30-year is above 5%. A hot CPI shifts rate cut expectations and directly impacts risk assets. FOMC on June 16-17 with Wa...