Good speech on some of the meta topics in crypto nowadays. My thoughts: DATs - Consolidation mostly happened, mNAV now stabilizing at more reasonable levels. Got into a raise late that flopped. Not much juice there anymore in the near term. Pass. Stablecoins - Every major institution is going to want to issue their own stablecoin for control reasons. USDT still survives mostly because they cater to unregulated markets. For better regulated stables like USDC, I see its market share slowly getting eroded as more institutions launch their own stables. Short CRCL. XPL is a claim and dump farm until it is not. DEXs - Dex wars have now commenced. No point really tying yourself to any DEX's token. Farm them as they come as long they are reputable teams behind. Sell any pops if you are still holding. Prediction markets - As long as regulation remains friendly, should continue to grow. More new markets will pop up as competition intensifies. Can farm if token promised. 70-80% of predictions resolve "NO" as markets usually overprice unlikely events. "YES" winners are usually insider traded.