open interest is supporting narrative durability: reading the Ledger Welcomes tape

Ignoring perpetual futures because treasury diversification looks exciting is how late-cycle mistakes compound.

Most blow-ups start as comfortable consensus.

Even when feeds obsess over “XRP Ledger Welcomes New Euro Stablecoin,” the durable question remains process versus prediction.

Most blow-ups start as comfortable consensus.

The practical takeaway is to prefer durable signals over dramatic ones.

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