Everyone's watching the market caps. They're watching the wrong thing.
This is the part that actually matters. An audience this size, full of people who've never opened a dex.
For months it's been the same wallets moving the same money in a circle - rotation, nothing added. This is the first real shot at opening that circle and bringing new people in from outside.
That's the whole game. Not the next pump. The funnel.
And if it works, the ceiling is a conversation nobody's been able to have in a while. You can't size onboarding the way you size rotation.