According to @adriannewman21, founders who previously framed their work as consumer crypto now say they are building DeFi products, highlighting that crypto activity centers on capital markets (source: @adriannewman21). This observation implies builder attention is concentrating on capital-market primitives such as DEXs, lending protocols, and RWA infrastructure, which can shift roadmap and newsflow toward the DeFi vertical that traders monitor for catalysts (source: @adriannewman21). Traders can validate this rotation by tracking on-chain metrics including DeFi TVL, DEX spot volumes, stablecoin supply, and protocol fee revenue, alongside announcements from consumer teams launching DeFi features or tokens (source: @adriannewman21). Positioning may prioritize DeFi narratives until data contradicts the trend; confirm with verifiable project updates and measurable on-chain activity before adjusting risk (source: @adriannewman21).

According to @pedrouid, WalletConnect was built to enable self-custody, reinforcing the non-custodial access theme across Web3 and DeFi. Source: @pedrouid on X. For trading impact, past market stress saw users migrate to self-custody and on-chain execution, with record exchange outflows to self-custody and a subsequent rise in DEX market share. Source: Chainalysis research on November 2022 exchange outflows; Kaiko Research analysis of DEX share following FTX. Traders can monitor three signals tied to self-custody adoption momentum: DEX spot volumes, gas fees and on-chain activity, and active wallet usage across dapps connected via WalletConnect. Source: WalletConnect documentation on ecosystem integrations; Glassnode Academy guidance on on-chain metrics.

According to @MilkRoadDaily, Ethereum (ETH) hosts 51%+ of all stablecoins in circulation, positioning ETH as the primary venue for stablecoin activity; source: @MilkRoadDaily. Independent chain distribution data shows Ethereum as the largest chain by stablecoin supply in 2024–2025, supporting this dominance; source: DefiLlama, Artemis. Higher stablecoin settlement on Ethereum mechanically increases gas usage and fee revenue paid in ETH, which accrues to validators; source: Ethereum.org (Gas and fees). Under EIP-1559, elevated base fees lead to more ETH burned, affecting net issuance and tightening supply during high on-chain activity; source: Ethereum.org (EIP-1559), Ultrasound.money. For traders, increases in stablecoin share on Ethereum have been associated with higher DEX volumes and deeper on-chain liquidity, improving execution conditions in ETH markets; source: Kaiko, Dune Analytics.

According to @AltcoinGordon, the stablecoin supply on Solana reached a new all-time high yesterday, indicating increased liquidity and potential for heightened trading activity on the network (source: https://twitter.com/AltcoinGordon/status/1915693514844709172). Traders should monitor Solana-based DeFi protocols and DEX volumes, as surging stablecoin inflows often precede market volatility and new opportunities in SOL and related tokens.

According to Miles Deutscher, memecoins constitute 70% of Solana DEX volumes, highlighting the need for the Solana ecosystem to diversify into other sectors as memecoins lose their allure. This could be crucial for maintaining Solana's on-chain dominance. Traders should monitor Solana's strategic shifts and potential developments in new verticals to capitalize on future opportunities.

According to Miles Deutscher, Sonic ($S) has climbed to 6th place in daily decentralized exchange (DEX) volumes, marking an 84% increase from the previous week. It now surpasses other significant blockchains such as Sui, Berachain, and Hyperliquid. This growth indicates increasing investor interest and liquidity moving towards the Sonic ecosystem.