According to @secondswap_io, locked tokens will be a breakout theme in 2026, with billions currently locked across L1s, RWAs, gaming, and infrastructure forming a large pool of liquidity for market participants to target; source: @secondswap_io (Jan 12, 2026). According to @secondswap_io, this liquidity has largely moved through backroom OTC deals that are slow, opaque, and relationship-dependent, limiting accessibility for broader traders; source: @secondswap_io (Jan 12, 2026). According to @secondswap_io, that era is ending, signaling the shift toward more transparent and faster venues for trading locked token exposure, which would change how liquidity is sourced and priced in 2026; source: @secondswap_io (Jan 12, 2026).

According to @_dexuai, Layer 1 blockchains (L1s) captured nearly 19% of total crypto market mindshare over the past month, signaling strong trader attention and potential volume inflows. Stablecoins ranked third in narrative dominance, underlining their essential role in maintaining liquidity and facilitating trades across exchanges. Other sectors such as data, derivatives, and Layer 2s (L2s) trailed behind but remain on traders’ watchlists for potential future momentum. This trend analysis, as reported by Milk Road on May 5, 2025, highlights where market participants are focusing, which is critical for identifying high-activity assets and adjusting trading strategies accordingly. (Source: @_dexuai via Milk Road)