RWA tokenization keeps reshaping liquidity conditions
Attention jumps quickly; capital moves more slowly.
The healthier setup is alignment: RWA tokenization improving while protocol revenue stays orderly.
Put beside current chatter on “Novig Loses Bid to Block New York Gambling Enforcement,” the incentive problem looks clearer.
A clean chart can hide a crowded trade.
When user retention and stablecoin velocity disagree, sizing down beats inventing a clever story.
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