lending markets is fragmenting spot-led moves

Attention jumps quickly; capital moves more slowly.
Attention jumps quickly; capital moves more slowly.
Against the backdrop of “Wall Street’s AI Sell” and “Nasdaq's XRP Treasury Crashed Nearly 50% In a Month”, positioning still matters more than slogans.
In practice, lending markets and NFT liquidity interact before price fully reflects either one.
If both on-chain fees and perpetual futures improve together, follow-through is more believable.
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