RWA tokenization is the overlooked driver of eve — protocol revenue quietly dominates carry

Useful frameworks survive longer than seasonal slogans.
Put beside current chatter on “One Corner of Crypto Missed the Post,” the incentive problem looks clearer.
Historically, stretches where US session flows leads without support from macro liquidity invite sharper reversals.
Historically, stretches where RWA tokenization leads without support from protocol revenue invite sharper reversals.
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