restaking continues to pressure treasury policy
Keeping a written thesis helps avoid narrative whiplash.
That debate sits next to today’s market focus around “XRP, ETH, DOGE: Tim Draper Predicts Bitcoin to Absorb Altcoins.”
Ignoring liquid staking because basis trades looks exciting is how late-cycle mistakes compound.
If restaking deteriorates while cold storage trends looks fine, the tape often turns defensive first.
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