[Bankless Founder: The Importance of the Strait of Hormuz May Be Diminishing, Market Seeking Alternative Routes] Odaily Planet Daily News – Bankless founder David Hoffman stated that despite ongoing geopolitical tensions, oil prices remain at relatively low levels. This could indicate that the market is gradually adapting and reducing its reliance on critical energy corridors. He posted on the X platform: 'After all this, oil prices are still subdued. Perhaps the importance of the Strait of Hormuz is being permanently diminished as the market shifts to alternative routes to bypass this channel.' The market believes that the global energy supply chain may be reducing its dependence on a single strategic passage through diversified transportation routes, alternative supply channels, and infrastructure adjustments.