Setting aside the Hynix situation and looking at it through the lens of the token issuance logic in the crypto world, is the Crcl moment for the storage sector in U.S. stocks about to arrive? The cyclical peak/turning point for the storage sector might already be here or just around the corner. But it won’t be a traditional 'crash'— more like the mid-to-late stage of a super uptrend cycle. Maybe when we look back in 2029, it’ll be like this: 2026 – The era of storage hype 2027 – The era of physical AI hype 2028 – The era of light hype