WEBVTT

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<v Speaker 1>Hey, it's Alex with the Token Metrics Daily Pulse for

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<v Speaker 1>February twenty sixth, twenty twenty six. Grab your coffee. We've

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<v Speaker 1>got a lot to unpack today. It's one of those

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<v Speaker 1>days where the big money and the founders seem to

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<v Speaker 1>be reading two different scripts. Let's get into it, but

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<v Speaker 1>first a quick word from our sponsor. Okay, So here's

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<v Speaker 1>what's happening. So the big headline today bitcoin ETFs just

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<v Speaker 1>inhaled over five hundred million dollars. That's the biggest single

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<v Speaker 1>day intake we've seen in three weeks. It's like the

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<v Speaker 1>institutional pipes finally unclogged after a pretty rough start to

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<v Speaker 1>the year. And look, the timing isn't the coincidence? And

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<v Speaker 1>Nvidia just smashed their earnings. And when Wall Street feels

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<v Speaker 1>good about tech, they usually start feeling a bit more

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<v Speaker 1>adventurous with bitcoin two. But here's the twist. While the

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<v Speaker 1>institutions are buying vitalic, butter In just sold about thirty

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<v Speaker 1>five million dollars worth of ethereum. It's it's a bit

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<v Speaker 1>of a head scratcher, right. Smart money is rushing in,

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<v Speaker 1>but the founder is trimming his position. Definitely something to

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<v Speaker 1>keep an eye on now Here's where it gets interesting.

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<v Speaker 1>The markets are actually looking pretty healthy. Bitcoin is sitting

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<v Speaker 1>around sixty eight thousand, up about four or five percent,

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<v Speaker 1>But the real story is Ethereum and Solana. Ethereum's up

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<v Speaker 1>eight percent, pushing past two thousand dollars, and Solana is

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<v Speaker 1>up nearly six percent, trading around eighty seven. It feels

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<v Speaker 1>like a risk on rotation is starting to brew. If

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<v Speaker 1>Bitcoin can just hold this sixty eight thousand level while

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<v Speaker 1>the alts start to run, well, that tells us capital

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<v Speaker 1>is moving down the risk curve rather than leaving the building.

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<v Speaker 1>On the narrative side, gaming is absolutely crushing it, up

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<v Speaker 1>sixteen percent today, while AI and dpin are taking a

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<v Speaker 1>bit of a haircut, both down double digits. It's a

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<v Speaker 1>classic rotation, not a total exit. Okay, so let's talk

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<v Speaker 1>about uniswap. Their fee switch isn't just a meme anymore.

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<v Speaker 1>There's a proposal to turn on fees across eight different

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<v Speaker 1>chains and it could turn uniswap into a twenty seven

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<v Speaker 1>million dollar revenue engine. The token jumped fifteen percent on

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<v Speaker 1>the news. This is a major shift for the whole sector.

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<v Speaker 1>It's the moment DeFi starts acting like a real business

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<v Speaker 1>with cash flow instead of just a governance experiment. Speaking

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<v Speaker 1>of the adults in the room, the OCC just drops

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<v Speaker 1>something called the ge Nius Act. It's a framework for

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<v Speaker 1>banks to issue their own stable coins. Look, regulation is

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<v Speaker 1>usually boring, but this is bullish. Banks are tired of

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<v Speaker 1>watching Tether make all the money. They want a piece

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<v Speaker 1>of that yield. If we see a major US bank

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<v Speaker 1>announce a stable coin pilot in the next month, that's

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<v Speaker 1>a game changer. Meanwhile, over at the Ethereum Foundation, researchers

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<v Speaker 1>put out a new roadmap targeting seven hard forks by

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<v Speaker 1>twenty nine. They're aiming for ten thousand transactions per second.

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<v Speaker 1>But man, the timeline is glacial. It's a bet that

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<v Speaker 1>being the slow and steady institutional choice is better than

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<v Speaker 1>being the fastest startup on the block. We'll see if

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<v Speaker 1>the market has that kind of patience. All right, before

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<v Speaker 1>we get into the risks, quick word from our sponsor. Okay,

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<v Speaker 1>we're back. Let's talk about what to watch for. So

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<v Speaker 1>what should you actually be worried about. Well, we've got

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<v Speaker 1>to talk about that vital X sale again. Thirty five

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<v Speaker 1>million isn't a rug pull by any means, but it's

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<v Speaker 1>a heavy signal. When the creator sells, people notice. Then

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<v Speaker 1>there's the leverage. We just saw a whale lose over

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<v Speaker 1>eight million dollars on a single trade on a lighter exchange.

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<v Speaker 1>It's a reminder that the market is still a bit fragile.

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<v Speaker 1>One bad move can trigger a cascade. And finally, keep

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<v Speaker 1>an eye on AI tokens. They're basically trading like a

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<v Speaker 1>high beta version of Nvidia's stock right now. If tech

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<v Speaker 1>stocks take a breather, those AI tokens might not have

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<v Speaker 1>a floor to catch them. And looking ahead, the next

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<v Speaker 1>forty eight hours are all about the Nvidia aftermath. We're

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<v Speaker 1>waiting to see if crypto AI tokens can actually catch

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<v Speaker 1>up to that equity rally. Also, keep your eyes on

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<v Speaker 1>that UNISWAP vote. If it passes, expect people to start

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<v Speaker 1>front running other protocols like AVE or Maker, hoping they're

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<v Speaker 1>next in line for a fee switch. It's going to

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<v Speaker 1>be a busy few days. That's the pulse for today.

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<v Speaker 1>If you got something out of this, send it to

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<v Speaker 1>a friend who's into crypto. That's the best way to

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<v Speaker 1>support us. This is educational content, not investment advice. Always

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<v Speaker 1>do your own research. I'm Alex. See you next time.