StacyMuur

The leading chain in RWA holders is @plumenetwork.
Surprising, right?
It has more RWA holders than BNB and Solana combined:
Plume → 259K
BNB + Solana → 226K
The reason: SkyLink.
It's Plume's cross-chain yield distribution layer that lets users on other chains hold Plume-native RWA positions across 16 networks.
When you look at average RWA per holder, the distinction is obvious:
Ethereum → $94,000
Plume → $1,354
Plume is optimizing for reach, while Ethereum is optimizing for capital.
These are two completely different bets on RWA adoption.
IMO, Plume needs to attract more institutional capital

The BTC perp/spot ratio has barely dipped below 5x in a year.
Most days, it's closer to 10.
The derivative is the primary market.

Celestia raised their last round at a $1 billion valuation.
Now at $330 million, with all metrics going to zero.
"Stake for future airdrops"

The trader segmentation looks nothing like it did 3 years ago.
Distribution was very balanced around Nov 2023:
• Whale: 4-22%
• Dolphin: 8-22%
• Fish: 34-62%
• Shrimp: 14-50%
But this balance shifted heavily in favor of whales over time.
By Mar 2026, the change is massive across every category except dolphin:
• Whale: 63-88%
• Dolphin: 2-24%
• Fish: 3-11%
• Shrimp: 1-11%
Retail was clearly pushed out.
The only ones left are institutional players and bots driving DEX activity.
This imbalance won't be easily changed.

If you do $100K+ volume on Polymarket, you're in the top 0.77% of traders.
It takes just ↓
200 trades for $500
500 trades for $200
1000 trades for $100
You can easily hit $100K in a month with a $5,000 deposit by vibe coding a scalping bot for 5/15m markets with Claude.

The entire Solana DEX trader base since 2023 would fit inside Dubai.
Cumulative unique traders since Nov 2023: 1.52M.
From the chart, we can see that recurring traders are holding up reasonably well given the current market conditions.
But first-time traders have been declining for the past 3 months straight, and are now at new lows.
Three things keeping new traders out:
→ DeFi onboarding is still painful
→ Sentiment is low
→ CEXs are easier
Solana needs a fresh narrative or a real bull market to wake up.

Solana's DEX trading volume is near all-time highs, but most of it is coming from bots.
In January 2025, humans and bots were still competing in volume:
→ Real traders: $56.3B
→ Bots: $68.3B
By March 2026, the picture looks completely different:
→ Real traders: $6.7B
→ Bots: $134.1B
The 60/40 split flipped to 95/5.
It's clear that the market optimized for speed. Manual traders can't compete with systems that can react in milliseconds and run 24/7.
We also have AI agents that are further accelerating this shift. Their share will only grow from here.
If you're still trading manually, you're fall

The memecoin season ran out of buyers, not tokens.
I was shocked to see these 2 charts contradicting each other.
New token launches are near all-time highs, while active traders keep declining.
Thousands of tokens are launching daily into a market that lost almost all its participants.
This imbalance produces side effects:
→ Liquidity gets split across hundreds of tokens
→ Launches struggle to stay afloat
→ Narratives die faster because attention cycles have gotten shorter
Fewer traders = less money coming in = low volume →= harder PvP for smaller returns
At the mid-2025 peak, Solana alone had

Shorts paid $68.5M to longs in the last 7 days.
Longs only paid $21.7M.
Short-heavy everywhere:
→ BARD: -$8.75M
→ ONT: -$5.47M
→ RIVER: -$4.98M
→ SOL: -$3.83M
→ SIREN: -$3.74M
→ KITE: -$2.74M
→ ETH: -$1.65M
BTC bucks the trend. Longs paid +$1.87M.
Shorts are funding the party.
Quick context:
This is the funding rate settlement over the last 7 days. It shows who's paying to keep their positions open. When one side is crowded, they pay the other to maintain balance.

If you invested $10,000 in The Sandbox $SAND in November 2021, you would have $100 today.
That would have been enough to make a down payment on a real piece of land like a normal human being.

The Drift hack wasn’t a code exploit.
It was social engineering using Solana’s durable nonces.
Quick explainer on durable nonces ↓
Normally, Solana transactions include a recent blockhash that expires in ~90 seconds. Miss the window and the signed transaction dies.
Durable nonces remove that expiry.
Instead of a blockhash that dies in 90 seconds, you substitute a stored nonce value from a special on chain account. That nonce doesn't expire until someone manually advances it or submits the transaction.
A signed transaction using a durable nonce can sit in someone's pocket for days, weeks, mont

Name a project with zero haters, I'll start: