Just read the report on Sui. They are bragging about daily active addresses hitting levels that supposedly make BNB look like a relic. My chair is squeaking. Is it real usage or just bots hitting a contract to inflate the stats for the next funding round? It is hard to tell in this environment. The stablecoin market cap doubled since January, which is fine, but liquidity is fickle. If the incentives stop, the TVL runs. I have seen this movie ten times before and the ending is always a fire sale where nobody buys the bottom. @cryptotimecapsule
August 11, 2026 5.1K
