It looks like @TradePools is slowly losing momentum in the Robinhood Chain launchpad war. I had much higher expectations when @Uniswap entered this market, but the current numbers are pretty disappointing. Looking at new tokens created in the last 24h: – @flapdotsh: 6,015 – @ponsdotfamily: 4,169 – @TradePools: only 1,968 But launch count isn't even my biggest concern. When I check all tokens launched on TradePools, $FRONG is basically the only one currently above $1M FDV in the screenshot. That's the part I don't like. A good launchpad shouldn't just make it easy to create thousands of tokens. It needs distribution, liquidity and enough attention to help some of those launches actually survive. TradePools had one of the strongest advantages possible: @Uniswap distribution + Robinhood Chain momentum. Yet right now I don't see that advantage translating into many meaningful winners. So my question is: what is the Uniswap team actually planning for TradePools? Are they going to push distribution, incentives and better discovery for projects launching there? Or is this simply another token factory where most of the value comes from constant new launches and trading fees? I still hold $FRONG, but as someone following this ecosystem closely, I expected much more from TradePools.

Feels like I might be one of the most loyal $VEX holders left at this point lol I just hope the @ProjectVEXai team is genuinely building for the long term and not treating holders as exit liquidity. – The product keeps expanding across chains, and VEX is now live on @arc with agent missions for research, trading and bridging – Robinhood itself is pushing hard into agentic finance, with AI agents already able to trade equities, options and crypto through Robinhood’s infrastructure – Vlad Tenev has also said Robinhood wants agents to eventually access essentially every tradable product on the platform, so the direction is pretty clear That is why I still think projects like $VEX can get another wave of attention if agentic trading keeps growing. I’m still holding my bag here, but now I want the team to prove that the build is real and the execution can match the narrative.

Besides $HYPE, $ZEC has easily become one of the most discussed tokens across the entire market recently. And honestly, I think this is a major signal that Privacy is slowly becoming one of the biggest narratives of the next cyclem especially as AI continues scaling aggressively. What makes this even more interesting is that several privacy-focused projects have already survived some of the hardest conditions imaginable over the past few years: – Delistings – Regulatory pressure – Being ignored by the market for nearly 2 years Yet projects like @Zcash are proving that privacy remains an essential layer for blockchain, AI, and the broader crypto economy. As AI agents, autonomous payments, and onchain identity systems continue growing, demand for privacy infrastructure could become exponentially larger than most people currently expect. I’ve recently been paying close attention to several privacy projects that stand out the most to me right now: 1/ @AskVenice - $VVV Privacy-focused AI infrastructure and inference layer. One of the newer projects starting to attract attention as AI + privacy narratives begin merging together more aggressively. 2/ @monero - $XMR The most iconic privacy coin and still arguably the strongest standard for default anonymity in crypto. Monero uses ring signatures, stealth addresses, and RingCT to fully obscure senders, receivers, and transaction amounts. Every transaction is private by default, which is why many still consider XMR the gold standard for privacy coins. 3/ @AztecNetwork - $AZTEC A privacy-first zkRollup built on Ethereum focused heavily on programmable privacy and private smart contracts. Aztec allows users to choose what remains public and what stays private while still leveraging Ethereum settlement through zk-SNARK technology. This feels especially powerful for the future of private DeFi applications. 4/ @Zama - $ZAMA One of the most interesting confidentiality infrastructure projects using Fully Homomorphic Encryption (FHE). The biggest advantage here is the ability to compute directly on encrypted data without decrypting it first. That unlocks massive potential for confidential computing, AI, and fully private DeFi systems across both EVM and non-EVM ecosystems. 5/ @SecretNetwork - $SCRT A privacy computing platform focused on encrypted smart contracts and private application infrastructure. Data inside contracts remains encrypted and only accessible to authorized users. Secret Network has been heavily focused on building private DeFi primitives like lending, swaps, and NFTs. Personally, these are currently the five privacy projects I think have the highest potential to create major breakthroughs during 2026. Among them, I’m especially paying close attention to $AZTEC and $ZAMA due to their strong technological positioning, massive funding rounds, and backing from some of the top VCs across crypto. Privacy honestly feels massively underpriced relative to where the industry is heading. The more AI expands, the more valuable privacy infrastructure becomes.

Arc Day 1 was messy af on the token side, but the chain numbers are actually pretty wild. @Arc mainnet has only been live, and rn: – TVL: ~$334M – Stablecoins: ~$656M, ~99% dominated by USDC – DEX volume: ~$76M / 24h – App fees: ~$453K / 24h Circle also launched Arc with 100+ apps and 100+ institutional/ecosystem builders from Day 1. Ngl, the contrast is kinda funny. The chain itself is getting real liquidity, while a lot of Arc-native tokens got absolutely nuked after the mainnet hype. Classic CT: chain up, bags down lmao. For me, that doesn't mean the Arc trade is over. It just means the easy “ape everything before mainnet” phase is prob done. Now I'm watching which projects can actually survive the post-launch PvP: – $ARGUS – $FAZE – $TOLLY – and obviously $USDC flows, because liquidity is basically the heartbeat of this ecosystem rn. One thing I care about more than token PA here: where the money actually sits. A huge chunk of Arc TVL is already concentrated in lending. Morpho alone is around $225M+, while Aave is around $77M on Arc. So imo, don't confuse Arc infra adoption with Arc shitcoin performance. Same chain, completely different trade. I'm still watching $ARGUS, $FAZE and $TOLLY for a potential second wave, but no rush to ape rn. Let the chart cook, let weak hands/dev farms get flushed, then I'll decide what deserves a spot in the bag. Arc Day 2–7 should be way more interesting than Day 1.

Arc mainnet went live and almost immediately turned into a launchpad laboratory. More than 50 platforms appeared in the first wave. But that number is a little misleading. They are not all competing for the same users, using the same launch mechanics, or even trying to build the same business. And now that the initial speculation is cooling, the market is starting to answer the more important question: Which launchpads can actually retain liquidity once attention moves on? Here’s how the @arc launchpad landscape is beginning to separate. — ● The first split is in how tokens reach the market Some platforms are skipping the traditional bonding-curve model entirely. Direct-to-liquidity launchpads send tokens straight into locked DEX liquidity from launch. Examples include: • @TollyLabs • @arcpad_meme The advantage is simplicity. There is no graduation event or liquidity migration later. The token effectively begins life as a DEX market. That makes LP structure, fee design and liquidity retention much more important from day one. — ● Others still use the classic bonding-curve model Platforms such as: • @circlewarp • @arcfunapp • @ArcToolsBackup use a more familiar flow: Launch -> bonding curve -> price discovery -> liquidity threshold -> DEX market Here, the curve acts as the initial bootstrapping mechanism before the token transitions into normal secondary-market liquidity. So the competition is partly about where price discovery should happen: inside the launchpad first, or directly inside the DEX. — ● A second group is competing on distribution instead of mechanics Some launchpads are treating attention itself as part of the product. That includes: • @Archemistdotfun • @focidotfamily • @Ayooclub • @TheArchfun These platforms lean more heavily into social discovery, communities and attention-driven launches. That is a different moat. If launching a token becomes commoditized, then controlling where users discover the next token can become more valuable than the launch contract itself. In other words: Launch infrastructure gets copied but distribution is harder to copy. — ● Then there is the RWA / stock-linked category This is where Arc starts becoming more interesting than a generic memecoin launchpad ecosystem. Platforms such as: • @ellipsefun • @Longdotsupply • @BaseStonk are extending token launches into stock-linked or tokenized-asset markets. That creates a different economic model from pure memecoin issuance. Instead of only launching speculative assets, these platforms can potentially connect new tokens with: • Stock pairs • RWA treasuries • Tokenized collateral • Asset-backed liquidity So their success depends less on launch velocity alone and more on whether they can turn speculative demand into persistent RWA activity. — ● NFTs and collectibles are developing their own lane Not every platform is competing for fungible-token launches. @akadotfun, @Omni_Hub and @SharcFun are building around NFTs and collectibles. That matters because Arc’s launchpad layer is already fragmenting by asset type. The market is not becoming one giant launchpad category. It is becoming several specialized distribution markets sitting on the same chain. — ● Some protocols want to own the whole trading lifecycle Another group is combining issuance with exchange infrastructure. Examples include: • @circlewarp • @ArcadeSwap • @ArcDEXScan Instead of stopping at: create token -> send it elsewhere to trade the model becomes: create -> bootstrap liquidity -> trade -> retain volume That potentially gives these platforms more ways to monetize each successful launch. And over time, this distinction could matter more than launch count. The valuable venue may not be the one that creates the most tokens. It may be the one that keeps users trading after the launch is over. — ● Then comes the long tail Arc also has a much broader group of launchpads experimenting around the same opportunity: @Arguspad , @liftdotfun , @fazedotfun , @TradePools , @minarafun , @synthra_finance , @arclaunchfun , @Fliptfun , @eve_dot_fun , @Arcanedotfi , @Zyoradotfun , @sashimidotfun , @hopium_gg , @Bullcheese_fun , @actfunxyz , @mysphere , @ubi_fun and others. That tells you how low the barrier to entry became during the first wave. But it also creates the market's biggest problem where 50+ launchpads can exist but 50+ launchpads cannot all have deep liquidity. — ● And liquidity is already starting to make that distinction The first phase rewarded almost anything associated with the Arc launch. The second phase has been much less forgiving. Several early tokens saw sharp drawdowns: • $LIFT: ~$12M to ~$1.4M • $LONG: ~$20M to ~$2M • $MINARA: ~$6M to ~$928K That does not necessarily mean those platforms are finished. But it does show how quickly launch-week valuations can disconnect from durable demand. The market initially priced: novelty + attention + scarcity Now it is beginning to price: users + volume + liquidity retention That is a much harder test. — And this is probably where Arc’s launchpad market gets more interesting. The first wave was about how many venues could launch. The next wave will be about how many deserve to survive. Bonding curves will compete with direct liquidity. Social launchpads will compete on distribution. RWA platforms will compete on asset utility. DEX hybrids will try to retain trading activity after launch. And the long tail will fight for whatever liquidity remains. Because ultimately, launchpads are not scarce rather liquidity is. The first Arc wave priced attention while the next one will price durability. And that repricing will determine which launchpads become real infrastructure and which ones were simply products of the launch cycle.

Happy weekend, Just sold all my altcoins at this price. I don’t think Q4 is set up for a straight-line crypto rally. The Fed just hiked rates by 25bps to 3.75-4.00%, while inflation is picking up again. August CPI came in at 3.4% YoY, with higher energy prices contributing to the pressure. For me, the near-term transmission still looks like this: Inflation ↑ → Treasury yields ↑ → Fed stays hawkish → USD/liquidity gets tighter → risk assets stay under pressure Crypto can eventually benefit from the long-term “debasement” thesis, but that doesn’t mean the market has to price it in immediately. And when I look outside crypto, the setup makes me even more cautious: – S&P 500 is still trading close to record-high territory. US equities have stayed surprisingly strong despite higher yields, oil and geopolitical risk. I still think this market needs some kind of reset before another sustainable risk-on leg. – US debt is approaching the $40T area. Treasury data already showed total public debt above $39.28T in June 2026, after rising from roughly $35.5T at the end of FY2024. That means the fiscal pressure isn’t exactly going away. – Oil is back above $100. Brent is around $104 and WTI around $101, while the broader Middle East conflict is still creating supply risk. Higher energy costs are already feeding back into inflation and yields. – US political risk is increasing into the midterms. I wouldn’t treat control of Congress as a done deal, but the latest Reuters/Ipsos poll had Democrats ahead 44% vs 37% on the generic congressional ballot, while Trump’s approval was around 35%. That adds another layer of uncertainty into November. So when I put all the data together, I don’t see a clean environment for BTC and alts to immediately enter a huge Q4 expansion. My base sequence is still: Stocks ↓ → $BTC ↓ → alts ↓↓ → Fed/liquidity response → BTC recovers first → $ETH/large caps → smaller alts The important part is the liquidity response. If stocks finally correct and financial conditions tighten enough, the next big crypto opportunity may come after the market forces policymakers to become less hawkish, not before. So personally, I’m not chasing the idea of a guaranteed Q4 altseason here. I’d rather stay patient, keep liquidity ready, and watch Treasury yields, oil, Fed policy, BTC dominance and ETH/BTC. If those start turning together, then I’ll be much more interested in taking risk. Just my personal market view, not financial advice.

Arc mainnet went live and almost immediately turned into a launchpad laboratory. More than 50 platforms appeared in the first wave. But that number is a little misleading. They are not all competing for the same users, using the same launch mechanics, or even trying to build the same business. And now that the initial speculation is cooling, the market is starting to answer the more important question: Which launchpads can actually retain liquidity once attention moves on? Here’s how the @arc launchpad landscape is beginning to separate. — ● The first split is in how tokens reach the market Some platforms are skipping the traditional bonding-curve model entirely. Direct-to-liquidity launchpads send tokens straight into locked DEX liquidity from launch. Examples include: • @TollyLabs • @arcpad_meme The advantage is simplicity. There is no graduation event or liquidity migration later. The token effectively begins life as a DEX market. That makes LP structure, fee design and liquidity retention much more important from day one. — ● Others still use the classic bonding-curve model Platforms such as: • @circlewarp • @arcfunapp • @ArcToolsBackup use a more familiar flow: Launch -> bonding curve -> price discovery -> liquidity threshold -> DEX market Here, the curve acts as the initial bootstrapping mechanism before the token transitions into normal secondary-market liquidity. So the competition is partly about where price discovery should happen: inside the launchpad first, or directly inside the DEX. — ● A second group is competing on distribution instead of mechanics Some launchpads are treating attention itself as part of the product. That includes: • @Archemistdotfun • @focidotfamily • @Ayooclub • @TheArchfun These platforms lean more heavily into social discovery, communities and attention-driven launches. That is a different moat. If launching a token becomes commoditized, then controlling where users discover the next token can become more valuable than the launch contract itself. In other words: Launch infrastructure gets copied but distribution is harder to copy. — ● Then there is the RWA / stock-linked category This is where Arc starts becoming more interesting than a generic memecoin launchpad ecosystem. Platforms such as: • @ellipsefun • @Longdotsupply • @BaseStonk are extending token launches into stock-linked or tokenized-asset markets. That creates a different economic model from pure memecoin issuance. Instead of only launching speculative assets, these platforms can potentially connect new tokens with: • Stock pairs • RWA treasuries • Tokenized collateral • Asset-backed liquidity So their success depends less on launch velocity alone and more on whether they can turn speculative demand into persistent RWA activity. — ● NFTs and collectibles are developing their own lane Not every platform is competing for fungible-token launches. @akadotfun, @Omni_Hub and @SharcFun are building around NFTs and collectibles. That matters because Arc’s launchpad layer is already fragmenting by asset type. The market is not becoming one giant launchpad category. It is becoming several specialized distribution markets sitting on the same chain. — ● Some protocols want to own the whole trading lifecycle Another group is combining issuance with exchange infrastructure. Examples include: • @circlewarp • @ArcadeSwap • @ArcDEXScan Instead of stopping at: create token -> send it elsewhere to trade the model becomes: create -> bootstrap liquidity -> trade -> retain volume That potentially gives these platforms more ways to monetize each successful launch. And over time, this distinction could matter more than launch count. The valuable venue may not be the one that creates the most tokens. It may be the one that keeps users trading after the launch is over. — ● Then comes the long tail Arc also has a much broader group of launchpads experimenting around the same opportunity: @Arguspad , @liftdotfun , @fazedotfun , @TradePools , @minarafun , @synthra_finance , @arclaunchfun , @Fliptfun , @eve_dot_fun , @Arcanedotfi , @Zyoradotfun , @sashimidotfun , @hopium_gg , @Bullcheese_fun , @actfunxyz , @mysphere , @ubi_fun and others. That tells you how low the barrier to entry became during the first wave. But it also creates the market's biggest problem where 50+ launchpads can exist but 50+ launchpads cannot all have deep liquidity. — ● And liquidity is already starting to make that distinction The first phase rewarded almost anything associated with the Arc launch. The second phase has been much less forgiving. Several early tokens saw sharp drawdowns: • $LIFT: ~$12M to ~$1.4M • $LONG: ~$20M to ~$2M • $MINARA: ~$6M to ~$928K That does not necessarily mean those platforms are finished. But it does show how quickly launch-week valuations can disconnect from durable demand. The market initially priced: novelty + attention + scarcity Now it is beginning to price: users + volume + liquidity retention That is a much harder test. — And this is probably where Arc’s launchpad market gets more interesting. The first wave was about how many venues could launch. The next wave will be about how many deserve to survive. Bonding curves will compete with direct liquidity. Social launchpads will compete on distribution. RWA platforms will compete on asset utility. DEX hybrids will try to retain trading activity after launch. And the long tail will fight for whatever liquidity remains. Because ultimately, launchpads are not scarce rather liquidity is. The first Arc wave priced attention while the next one will price durability. And that repricing will determine which launchpads become real infrastructure and which ones were simply products of the launch cycle.

Arc public mainnet is in 1 day and the launchpad war already looks overcrowded. Circle’s L1 hasn’t even opened the doors yet and there are already 30+ pads fighting for day-one flow. I’ve been watching the pads that actually shipped something on testnet instead of just a landing page. Most of this list will be dead by week two but a few might survive, imo Here’s the early Arc launchpad watchlist I’m actually keeping on screen: 1/ @Longdotsupply Same stock-pair thesis that already worked on Robinhood Chain, now pointed at Arc: bridge tokenized stocks (NVDA, CRCL, etc.) over, then launch memes on top of those stocks. They already claimed ~30% of RH $CRCL supply got bridged across and $2M bridged atm 2/ @liftdotfun Top of the current “mainnet exposure” rankings for a reason. Simple token launch UX, already live as a pad surface. I’m hearing some alpha abt Lift that it has a solid backer. 3/ @ellipsefun It bridges real assets (gold, CRCL claims, etc.) and lets you launch tokens *quoted against those assets*, not just USDC. Gold-backed 1:1 bridge that kills the OTC premium rn. 4/ @circlewarp Warp is a launchpad + trading terminal with zero-fee CCTP bridging, and they just flipped on stock pairs using @Longdotsupply’s bridged shares. 28 tokens across 8 stocks already, LP locked forever at graduation. Classic curve path is still there, but the stock-quote layer is what makes this interesting for day one. 5/ @minarafun Uniswap v4 pool from block one, permanently locked LP, launch fee around 1 USDC, fees as low as 0.5–0.75%, and the creator can buy up to 80% in the same tx. Team has Circle Ventures history via NFTGo. 6/ @TollyLabs Direct full-supply into a locked USDC pool, no curve. They published code, which is rare in this meta, and they already showed the most meaningful testnet volume among the non-curve pads (~$1.8M traded, 200+ tokens). 7/ @actfunxyz Launchpad + AMM + NFT marketplace in one place. Not the cleanest product story, but they have been loud and shipping on Arc for months. 8/ @Arguspad Pad + watch terminal + board in one place. No curve, no migration, token goes straight into a Uniswap v4 pool from the launch tx, gas-only create, creator tax 0–10% with USDC rewards to holders. ~$2.3M all-time volume and they just printed a $2.1M vol day before public mainnet. 9/ @UBIdotFUN The only Uni v4 pad pitching 0% launch fee and a real UBI loop: fees route back to creators, traders and holders in USDC. Smaller account than the rest of this list, so this is the early/asymmetric one if the fee-share loop actually works. Day-one on Arc will be messy. Liquidity will be thin, a lot of these pads are still pre-mainnet vapor, and half of them will be farming their own token volume. So Dyor carefully!

.@Solana is not the biggest RWA vault. It is the busiest RWA market. The chain only holds ~12% of onchain RWA market cap, but it already does 32% of all RWA spot volume and 47% of every RWA trade. That’s $14.7B of the $46B traded across chains + 42.6M of 91M trades over the last 12 months. the gap between 12% of assets and 32% of volume is the whole Solana thesis here: capital doesn’t just sit, it moves. Solana traders point to that: – 374K RWA traders averaging 114 trades each – median trade is only $29 – 20% of RWA-owning wallets – average position is ~$14K vs $27K elsewhere → ~1.8x more owners per dollar of assets The deeper insight is there are two different RWA economies forming on the same chain. 1/ Institutional side – @BlackRock has $741M BUIDL on Solana, 27% of the whole BUIDL fund (4x in 2026) – @Securitize has another $252M of fixed income – Ctrl Alt carries ~$701M of private-fund assets – @onrefinance’s tokenized reinsurance fund went 3x this year to $269M – @humafinance’s PayFi strategy grew from $139M in January to $217M, +56% Solana now does 74% of all onchain fixed-income volume, mostly because Maple did $4.0B and Hastra another $1.4B. 2/ Retail side Equities are where the GTM starts getting really interesting. – tokenized stocks/ETFs are now 56% of all Solana RWA volume – Solana captures 31% of global tokenized-equity spot volume – @xStocksFi did $5B volume with 274K wallet-product holdings – @Backpack did $1.5B in its first two months after launching The cleanest proof that putting these assets onchain is creating a different market. – 63% of Solana tokenized-equity volume happens while US exchanges are closed. – 17% happens on weekends. Wallet-product holdings across Solana RWAs are now 5x higher than a year ago, and tokenized stocks generated 98% of the growth since April. I’m starting to think all the stock-paired memes, launchpads and trench activity around Solana RWAs are less of a distraction than they look. @LaunchOnSF contributed $43M RWA volume to the trenches. The weak point is concentration rn. Five issuers generate ~90% of Solana RWA volume. But maybe that’s exactly what an early market is supposed to look like. First a few products prove ppl actually want to trade RWAs onchain, then exchanges, launchpads, lending, collateral, perps, stock-paired memes and 24/7 markets start composing around them.

Robinhood meme season is getting crowded af. There are now 30+ memes that have managed to break out from the noise: $CASHCAT, $AI, $HMM, $BONER, solana:CTuw8xEE15hKi2yB9n8CoLDq8ZhBLVbh8ydcuN11pump, tendies-2:native, chump-coin:native, $YOLO, solana:61Wj56QgGyyB966T7YsMzEAKRLcMvJpDbPzjkrCZc4Bi, $PCC, $GOOD, $GG, $JUGGERNAUT, $IF, $FRONG, $HOODRAT, $MOO, $SAYLORMOON, $BISCOTTI, $GME, $WIF, wishbone:native, $BUDDY, $FOX, $BULL, $SIRIUS, $SIT, $SPACEHOOD, $MARTIANS, solana:R3vq9JycTx9um5Hab43o9K7jLDDNP9wWqHqtgDnpump, liluni:native, $WOOF, $WORTH... But personally, I wouldn’t buy most of them just because they’re pumping. RH has already shown that memes can go absolutely crazy, but once there are this many tokens competing for attention, I care much more about: – strong community – recognizable meme/branding – consistent attention – holders who actually stick around – a narrative that can survive longer than one pump From this list, solana:CTuw8xEE15hKi2yB9n8CoLDq8ZhBLVbh8ydcuN11pump is probably the one I’m watching the closest rn. Still early days for RH memes imo. The winners will probably be the few that can keep attention after the initial hype disappears.