My current thoughts on the Robinhood ecosystem (and how I'm currently playing things): Obviously one of the hottest trends in crypto right now with a huge moat. There's a whole segment of people who were never in crypto, or got bored of it years ago, taking risk again for the first time because of Robinhood. One of the best onboarding events to happen to the space in a long time, no doubt. "Are we late?" Imo, we're still early. A month ago, the leaders were sub-10M. Now there are coins well over 100M, and the whole board has re-rated. Solana has 3x+ the coins at over 100M, so clearly there's room to close that gap. But I'm cautious short-term. If BTC can't break 83k, onchain will obviously struggle. Onchain mania is going vertical while Bitcoin stalls, and historically that combination has preceded a flush. So I'm holding dry powder for a September pullback. My actual plan: don't chase the small caps hoping to pick the runner. I'm primarily looking to buy the proven leaders on a big red day, when liquidation cascades hand some nice entries. Tip: with new trends like this, it's crucial to just stay in the loop, because you truly never know when the next big play will be handed to you. TL;DR: Def bullish on the ecosystem, but staying patient with my entries for now, and I'll be very interested in bidding when/if we get a big liquidation event.(Miles Deutscher)