Been watching how #MANTRA is building: first regulated L1 focusing purely on real-world assets. The Dubai ecosystem they're creating with the MAG & Novus is impressive.
Market's telling a clear story: - Shorts getting absolutely rekt (20M+ liquidated) - Meanwhile, only ~400K in long liquidations - Most holders staking at 18% APY - Real institutional players involved
Reminds me of early SOL days, but with actual use cases already live.