$ARB is holding dev activity while the market sbsF Throughput steady. Sequencer fees lifting. Liquidity starting to rotate back. Why it matters: early-cycle L2 strength always starts here.
Prices are choppy. Liquidity is thin. Sentiment is washed out. Yet builders keep shipping and onchain activity holds. This is the reset phase before Q1 positioning starts. Heavy markets create opportunity.
$ETH is killing it. Stablecoin Supply just hit a new ATH of $306.8B. $ETH eco holds over $169B of that money. That's over half the stables on one chain.
81% of Polymarket users say nothing is going to happen in December. This is supposed to be the Santa Rally, but I haven't seen this much uncertainty in ages. December MIGHT not be the month, but this new cycle still has some surprises.
$SEI DEX volume almost tripled in 4 days. That kind of surge only happens when liquidity decides a chain is the better venue. Speed, cost, and execution are finally showing up in the numbers.