People don't seem to understand that most hedge funds in the US have missed out on the memory cycle. They didn't properly size their conviction in the past six months and with this sudden wind down, I imagine most funds will start loading up names like $MU $SNDK

Market initially thought $META entering cloud business was bearish for memory 😂 AI arms race is official. No hyperscaler will cut back on capex unless there is a black swan event that fundamentally breaks the largest businesses in the world.

If you believe in @solana, you believe in the mission to trade everything in one place. No one has made more progress in that than the @sunrise team. The $SPCX launch with @Backpack was the first tokenized stock that 1) was tradable 24/7 yet 2) could be arbed directly against the tradfi world via Backpack. The $SV151 launch with @dAssetSOL was the first on-chain reserve of SV151 card packs, allowing anyone in the world to own a small chunk of Pokemon TCG without worrying about storage, costs, and more. Extremely proud to call them a friend of many years and a partner. Towards a world we trade everything.

.@MeteoraAG's DAMM V1 pioneered an amazing idea: to earn trading fees, and lending yields at the same time. We're winding this down and reducing TVL in lending protocols from DAMM V1, as we deprecate the AMM. New AMM soonTM, alongside migration tools for locked liquidity