Speaker 1: Hey, it's Alex with the Token Metrics Daily Pulse for
Speaker 1: February twenty sixth, twenty twenty six. Grab your coffee. We've
Speaker 1: got a lot to unpack today. It's one of those
Speaker 1: days where the big money and the founders seem to
Speaker 1: be reading two different scripts. Let's get into it, but
Speaker 1: first a quick word from our sponsor. Okay, So here's
Speaker 1: what's happening. So the big headline today bitcoin ETFs just
Speaker 1: inhaled over five hundred million dollars. That's the biggest single
Speaker 1: day intake we've seen in three weeks. It's like the
Speaker 1: institutional pipes finally unclogged after a pretty rough start to
Speaker 1: the year. And look, the timing isn't the coincidence? And
Speaker 1: Nvidia just smashed their earnings. And when Wall Street feels
Speaker 1: good about tech, they usually start feeling a bit more
Speaker 1: adventurous with bitcoin two. But here's the twist. While the
Speaker 1: institutions are buying vitalic, butter In just sold about thirty
Speaker 1: five million dollars worth of ethereum. It's it's a bit
Speaker 1: of a head scratcher, right. Smart money is rushing in,
Speaker 1: but the founder is trimming his position. Definitely something to
Speaker 1: keep an eye on now Here's where it gets interesting.
Speaker 1: The markets are actually looking pretty healthy. Bitcoin is sitting
Speaker 1: around sixty eight thousand, up about four or five percent,
Speaker 1: But the real story is Ethereum and Solana. Ethereum's up
Speaker 1: eight percent, pushing past two thousand dollars, and Solana is
Speaker 1: up nearly six percent, trading around eighty seven. It feels
Speaker 1: like a risk on rotation is starting to brew. If
Speaker 1: Bitcoin can just hold this sixty eight thousand level while
Speaker 1: the alts start to run, well, that tells us capital
Speaker 1: is moving down the risk curve rather than leaving the building.
Speaker 1: On the narrative side, gaming is absolutely crushing it, up
Speaker 1: sixteen percent today, while AI and dpin are taking a
Speaker 1: bit of a haircut, both down double digits. It's a
Speaker 1: classic rotation, not a total exit. Okay, so let's talk
Speaker 1: about uniswap. Their fee switch isn't just a meme anymore.
Speaker 1: There's a proposal to turn on fees across eight different
Speaker 1: chains and it could turn uniswap into a twenty seven
Speaker 1: million dollar revenue engine. The token jumped fifteen percent on
Speaker 1: the news. This is a major shift for the whole sector.
Speaker 1: It's the moment DeFi starts acting like a real business
Speaker 1: with cash flow instead of just a governance experiment. Speaking
Speaker 1: of the adults in the room, the OCC just drops
Speaker 1: something called the ge Nius Act. It's a framework for
Speaker 1: banks to issue their own stable coins. Look, regulation is
Speaker 1: usually boring, but this is bullish. Banks are tired of
Speaker 1: watching Tether make all the money. They want a piece
Speaker 1: of that yield. If we see a major US bank
Speaker 1: announce a stable coin pilot in the next month, that's
Speaker 1: a game changer. Meanwhile, over at the Ethereum Foundation, researchers
Speaker 1: put out a new roadmap targeting seven hard forks by
Speaker 1: twenty nine. They're aiming for ten thousand transactions per second.
Speaker 1: But man, the timeline is glacial. It's a bet that
Speaker 1: being the slow and steady institutional choice is better than
Speaker 1: being the fastest startup on the block. We'll see if
Speaker 1: the market has that kind of patience. All right, before
Speaker 1: we get into the risks, quick word from our sponsor. Okay,
Speaker 1: we're back. Let's talk about what to watch for. So
Speaker 1: what should you actually be worried about. Well, we've got
Speaker 1: to talk about that vital X sale again. Thirty five
Speaker 1: million isn't a rug pull by any means, but it's
Speaker 1: a heavy signal. When the creator sells, people notice. Then
Speaker 1: there's the leverage. We just saw a whale lose over
Speaker 1: eight million dollars on a single trade on a lighter exchange.
Speaker 1: It's a reminder that the market is still a bit fragile.
Speaker 1: One bad move can trigger a cascade. And finally, keep
Speaker 1: an eye on AI tokens. They're basically trading like a
Speaker 1: high beta version of Nvidia's stock right now. If tech
Speaker 1: stocks take a breather, those AI tokens might not have
Speaker 1: a floor to catch them. And looking ahead, the next
Speaker 1: forty eight hours are all about the Nvidia aftermath. We're
Speaker 1: waiting to see if crypto AI tokens can actually catch
Speaker 1: up to that equity rally. Also, keep your eyes on
Speaker 1: that UNISWAP vote. If it passes, expect people to start
Speaker 1: front running other protocols like AVE or Maker, hoping they're
Speaker 1: next in line for a fee switch. It's going to
Speaker 1: be a busy few days. That's the pulse for today.
Speaker 1: If you got something out of this, send it to
Speaker 1: a friend who's into crypto. That's the best way to
Speaker 1: support us. This is educational content, not investment advice. Always
Speaker 1: do your own research. I'm Alex. See you next time.