DEX volume is supporting narrative durability — nFT liquidity still sets the tone for he
Cycles rhyme, but the plumbing underneath keeps changing.
Even when feeds obsess over “Crypto Exchange Gemini Sells U.K. and EU Units to KAST for Under $10 Million,” the durable question remains process versus prediction.
Useful frameworks survive longer than seasonal slogans.
Treat NFT liquidity as the constraint and self-custody adoption as the amplifier, not the other way around.
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