According to @adriannewman21, market participants are questioning whether the Runes ecosystem can rebound as a previously active VC for Runes infrastructure is now focused on launching new DAT each week, suggesting a shift in attention away from Runes infrastructure (source: @adriannewman21 on X, Sep 19, 2025). The post provides no quantitative data on Runes volumes, funding allocations, or project timelines, making it primarily a sentiment signal rather than a data-backed trading trigger (source: @adriannewman21 post content on X, Sep 19, 2025). For traders following Runes-related assets, the cited skepticism highlights potential headline risk and narrative fatigue, while the source offers no specific tickers or symbols to evaluate for execution (source: @adriannewman21 post content on X, Sep 19, 2025).

According to the source, CZ stated he has been approached by more than 50 potential DAT for BNB in a public post on X dated Sep 17, 2025 (Source: CZ on X, Sep 17, 2025). No details on what DAT refers to, counterparties, scope, or timelines were provided in the post, limiting immediate fundamentals assessment for BNB (Source: CZ on X, Sep 17, 2025). BNB remains the native token of the Binance ecosystem and BNB Chain, which is relevant for evaluating any future program-related utility disclosures that could follow such outreach (Source: Binance official site).

According to @JasonSoraVC, Sora Ventures has invested in Nakamoto as its only external DAT play beyond its in-house efforts, source: @JasonSoraVC on X, Aug 15, 2025. This confirms the firm’s DAT exposure is concentrated in Nakamoto, which clarifies venture flow positioning for sector-focused traders, source: @JasonSoraVC on X, Aug 15, 2025.

According to @JasonSoraVC, 99% of DAT will fail and many investors will lose money, signaling extreme selection risk for traders considering new DAT allocations, source: @JasonSoraVC on X, Aug 15, 2025. He adds the market resembles the early ICO era, with teams trying to raise as much as possible amid abundant “dumb money,” indicating frothy fundraising conditions that heighten downside risk, source: @JasonSoraVC on X, Aug 15, 2025. He states only a few DAT are worth investing, so traders should be highly selective, limit exposure to new DAT launches, and conduct rigorous due diligence before allocating capital, source: @JasonSoraVC on X, Aug 15, 2025.

According to Jason Fang (@JasonSoraVC), Asia is a major crypto market but has some of the toughest regulations, making bitcoin treasury operations complex; he contrasts hundreds of US companies doing DAT with only a few in Asia, highlighting a regional gap in corporate BTC treasury adoption, source: Jason Fang (@JasonSoraVC), Aug 15, 2025. The smaller number of Asia-based bitcoin treasury companies versus the US points to relatively more corporate BTC treasury activity concentrated in the US market hours and news cycle, which traders can prioritize when tracking potential balance-sheet flows, source: Jason Fang (@JasonSoraVC), Aug 15, 2025. Because Fang attributes Asia’s shortfall to tougher regulation, regulatory announcements from Asian jurisdictions are direct variables for corporate BTC treasury growth that traders can monitor for shifts in regional demand, source: Jason Fang (@JasonSoraVC), Aug 15, 2025.