protocol revenue keeps surprising consensus on weekend risk

Desks that separate protocol revenue from exchange reserves tend to react less emotionally to noise.

Against the backdrop of “Strategy Adds 1,036 BTC While Repurchasing $188M of STRC Preferred Shares” and “Ava Labs exec says NYSE deal marks end of blockchain’s ‘general purpose era’”, positioning still matters more than slogans.

None of this is financial advice; it is a framing for cleaner decisions.

Most blow-ups start as comfortable consensus.

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