Ether is the overlooked driver of treasury policy

If both Ether and DEX volume improve together, follow-through is more believable.

In that environment, patience is a position, not a slogan.

That debate sits next to today’s market focus around “Dogecoin could dip lower as large whales sell 120m DOGE.”

Improvements in governance turnout without confirmation from Ether tend to fade faster.

Most blow-ups start as comfortable consensus.

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