According to @MilkRoadDaily, the altcoin index has crossed 75 and they frame this as the start of alt season, indicating a shift toward high-beta crypto exposure; source: @MilkRoadDaily on X, Sep 11, 2025. According to @MilkRoadDaily, memecoins secured ETFs before most L1s, reinforcing a memecoin-led market narrative; source: @MilkRoadDaily on X, Sep 11, 2025. According to @MilkRoadDaily, $FORD closed a $1.65B raise to build a $SOL treasury; source: @MilkRoadDaily on X and Milk Road newsletter mrcrypto.milkroad.com, Sep 11, 2025. According to @MilkRoadDaily, they are positioned for these market dynamics, signaling focus on SOL ecosystem and memecoin segments; source: @MilkRoadDaily on X, Sep 11, 2025.