It's kind of funny when you think about it—the original intention of introducing on-chain U.S. stocks to the crypto space was to bring U.S. stock users and liquidity onto the blockchain. But instead, it turned into crypto folks collectively taking positions in U.S. stocks to gamble, which ironically led to further sell-offs of crypto assets and liquidity shrinking. Took a quick look at Hyperliquid—SK Hynix's daily trading volume has already been consistently higher than BTC's trading volume for a while now. As for this wave of market crash, it seems like only the prediction market players in the Chinese community were unaffected. Makes sense though—during the peak of storage hype, it coincided with the World Cup, and everyone was busy betting on soccer matches. Speaking of which, is storage worth bottom-fishing? Honestly, I think it's hard for anyone in the crypto space to truly answer that question. The pricing power of U.S. stocks lies with Wall Street. This isn’t something crypto folks can get a seat at the table to influence at this stage. #skhynix #Stock #Hyperliquid