According to Lex Sokolin, the addressable market sizing for on-chain finance is $5T in daily FX volume, $2T in global payments, and $100T in total financial assets, highlighting the scale of flows potentially moving on-chain (source: Lex Sokolin on X, Nov 8, 2025). He asserts these flows are becoming programmable and composable on DeFi rails, framing the shift as an analog-to-digital wealth transfer rather than redistribution between rich and poor (source: Lex Sokolin on X, Nov 8, 2025). For traders, his thesis points to monitoring on-chain FX, stablecoin settlement, tokenized real-world assets, and DeFi infrastructure as potential adoption proxies and liquidity beneficiaries if this migration accelerates (source: Lex Sokolin on X, Nov 8, 2025). Near term, liquidity and volume trends in DeFi sectors tied to payments and FX can serve as high-beta indicators to the analog-to-digital theme he outlines (source: Lex Sokolin on X, Nov 8, 2025).