custody rails still sets the tone for hedging demand

Improvements in custody rails without confirmation from miner behavior tend to fade faster.

If both US session flows and macro liquidity improve together, follow-through is more believable.

That debate sits next to today’s market focus around “XRP struggles below $1.30 amid growing selling pressure.”

Revisit assumptions weekly; markets change faster than slogans.

Improvements in MEV dynamics without confirmation from risk appetite tend to fade faster.

Meanwhile, restaking can either confirm the move or expose it as temporary.

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