Zcash crossed a $23B market cap after holders voted 99.9% for 25-second blocks and 98.9% to keep Bitcoin-style halvings. The issuance schedule is untouched. The number that actually matters is turnout, which went from 7.25% to 67%.
The Senate failed to advance the CLARITY Act and crypto dropped. The number going around says $300 million of longs in 20 minutes. The exchange data says something different, and the real figure is larger and slower.
Everyone is waiting for a vague economic event. There is a specific one on the calendar. AI capex stopped being funded by cash flow, the Fed is priced to hike into it, and crypto is flat. Here is what the numbers actually say.
Everyone is waiting for a bottom that already happened. Bitcoin is up 22% in thirty days, Solana 36%, Solana TVL 25% and DEX volume 43%. Here is the on-chain case, and the level that kills it.
