tehMoonwalkeR

Trade 24/7. NYSE’s Michael Blaugrund explains how bringing markets onchain will make them more efficient and improve the experience for investors and businesses alike, and how Avalanche is playing a key role in this. Avalanche Originals. Episode 2.

The NYSE announcement is a monumental milestone for Avalanche, but I would argue it’s an even bigger moment for our entire industry and we're excited to be a part of that progress. Naturally, I’m proud to see Avalanche technology at the center of infrastructure being developed for one of the world’s most important financial institutions. But scrolling through the timeline, I’m reminded of how difficult it can be for this industry to recognize progress beyond an individual’s own native ecosystem or bias. We have spent the better part of a decade debating which chain will ultimately prevail, sometimes losing sight of what we’re actually trying to accomplish. The opportunity in front of us is orders of magnitude larger than the market we’re competing over today. When an institution like the NYSE moves toward blockchain-based market infrastructure, it lends credibility to an entire industry that has spent years working to establish its place in global finance. That should be celebrated, regardless of which network is involved. I want Avalanche to win, and I’ll continue making the case for why our team and technology is uniquely suited for institutional finance. But I also recognize that meaningful progress across other ecosystems strengthens the case for all of us. The pie is infinite for all of us collectively. We’re still early in a much larger transformation of global finance. There’s plenty of room for healthy competition without losing sight of the fact that we’re building toward the same future. I hope we can move beyond the old tribalism and start acting like an industry that’s ready for the responsibility being placed in its hands. Onwards 🔺

This will be Sui’s cycle. When we started building Sui, we had a fundamental belief that the internet had a coordination problem. A blockchain was one piece of the solution, but it was never going to be enough on its own. We knew it was just the start, and we knew that it would take years to build the rest, and it did. We built the whole stack, piece by piece. And that gave Sui a massive technical advantage over every other blockchain. Now it is all about adoption. What you saw at Basecamp was a glimpse of that momentum. Some of the largest companies in the world are now working with Sui. Yes, I believe this will be Sui’s cycle.

*DALLAS FED PRESIDENT SAYS RATES NEED TO RISE AT LEAST TWICE MORE, POSSIBLY THIS WINTER

The New York Stock Exchange is building on Avalanche 🔺 Their new tokenized stocks platform is designed to support 24/7 trading, clearing and settlement. Exclusively on Avalanche. WSJ exclusive below 👇

Starting to roll out today: Claude Whiteboards, Claude Sheets and Claude Data. Think a plan through on a board, build a tracker in a sheet, and tell a story with your data.

This announcement (which is massive) made me look at the avalanche-2:native chart. The NYSE publicly endorsing the blockchain is going to snowball like crazy. Even if there is no instant buybacks or whatever, imagine what it means that a US market organ chose AVAX 📈 Technically this looks insanely primed as well. Honestly one of the best HTF altcoins setups out there. I am going to size in here. This will do $20-21 short term which is the weekly 200MA (and much higher when the bullmarket truly begins 🧲 📈Monthly chart at the historic range low 📈Weekly chart falling wedge about to breakout 📈Daily chart with bullish shark harmonic pattern 📈4hr chart inverse head and shoulders pattern Also mind that an announcement like this would've instantly 5xed the price in 2021-2024. Only reason price hasn't moved is because the market is terrible. Everybody is AFK, except the MMs and smart money. Use that to your advantage and accumulate your position with them. This is where real wealth was always created in this space. Accumulate when everybody left. Take it from an unc that's been here since 2017 😉

Suiball Refund Announcement Thank you to everyone who supported us on this journey. We set out to build a secure hardware device that was more than just a hardware wallet: one fully native to Sui. We did it. Suiball went into manufacturing, and we were ready to ship the first batch to our supporters. After a wave of recent hardware wallet attacks across the industry, the Sui Foundation decided the risk of backing a hardware wallet project was too high right now. We understand that decision. Sui puts the security of its users and ecosystem first. Still, after years of intense development and a finished, working product, it's hard to say that we have to close Suiball down. That's the nature of building an ambitious startup. We had the right intentions and the right capabilities, but this one wasn't meant to be. How refunds work: 🔹 On-chain pre-orders (~80% of orders): You'll get your refund in USDC, airdropped straight to the wallet that holds your soul bound pre-order NFT. You don't need to do anything. This will happen within the next week. 🔹 Credit card pre-orders: You'll get an email asking for a Sui wallet address. Your refund will be airdropped there in USDC. We'll run a second airdrop once addresses come in. 🔒 All the personal information you gave us for device delivery, including your name, email, shipping address, and phone number, will be permanently deleted once refunds are complete. We won't keep any records. ⚠ We will never ask for your seed phrase, private key, or any payment. Only reply to emails from [email protected] Suiball will officially close once all refunds are complete. Thank you for believing in us.

Introducing Atomic market and TWAP orders on Aftermath. Bundle orders across multiple markets into one transaction. Every leg fills together, or none of them do. No half-built positions. With Atomic TWAP, a multi-market basket is split into slices that execute together, every interval.

China responds to the claim that a “Chinese female spy” exploited Jensen Huang: The “Chinese spy” allegation is purely unsubstantiated and directed at smearing China. Translation: Stop concocting spy-themed erotic fiction. The funniest part of this story is the logic. We are told that China was so desperate for Nvidia chips that it allegedly needed to deploy a female intelligence asset to get close to Jensen Huang and influence his lobbying in Washington. Jensen Huang did, in fact, spend years urging Washington to loosen chip restrictions on China. And then Washington loosened them. So what did Beijing do? Around 600,000 H200 chips are now sitting in Hong Kong because China has not approved large-scale imports. Jensen Huang himself has complained that Nvidia went from roughly 95% of China’s advanced AI-chip market to 0%. So let me understand this: China was supposedly desperate enough to run a spy operation around Nvidia’s CEO— but once the chips became available, China decided it would rather keep building its own ecosystem than become dependent on Nvidia again? That is a very strange definition of “desperation.” Maybe the problem with this story is not China. Maybe it is the story.

Wonder why the AI run is hurting bitcoin? because many large Bitcoin miners are selling $BTC as they pivot toward AI data centers. BTC sold in 2026: 🔹 MARA: 40,581 BTC 🔹 Riot: 20,264 BTC 🔹 Core Scientific: 3,374 BTC 🔹 Hut 8: 3,102 BTC 🔹 Cipher: 2,252 BTC Total: 69,573 BTC (~$5.2B) BTC still held (latest reported/estimated): 🔹 MARA: ~20,415 BTC 🔹 CleanSpark: 13,530 BTC 🔹 Hut 8: ~6,212 BTC 🔹 Riot: ~2,418 BTC 🔹 Cipher: 310 BTC 🔹 Core Scientific: 32 BTC 🔹 TeraWulf: 18 BTC 🔹 IREN: 0 BTC Why do they pivot? if you look at the numbers its a no brainer: BTC Mining 🔹 Revenue/MWh: $80–151 🔹 Gross margin: 13–83% AI Colocation 🔹 Revenue/MWh: $120–400 🔹 Gross margin: 79–95% AI GPU Cloud 🔹 Revenue/MWh: $1,600–4,000 🔹 Gross margin: 95–98% AI GPU cloud can generate 20×+ more revenue per MWh than Bitcoin mining. The catch? AI GPU infrastructure can require 30×+ more upfront capital per MW. (so they sell their bitcoin, to finance the shift) This situation will probably end the big bitcoin miners, they will all shift. short term, brutal continues sell pressure for bitcoin. long-term it places bitcoin where it should be, a decentralized store of value, and not a mining business.

The reactions to the NYSE <> AVAX news say it all. I’m convinced that over the next twelve months, some other “dead” L1s will gain traction, and CT will recoil in disbelief again. They can’t fathom that people are thinking bigger and building for an audience beyond CT. Not everything is about memecoins and perps, fellas.

"If you raise the price of the effing hot dog, I will kill you." – Costco's founder $1.50 at @Costco: 1 hot dog + soda $1.50 on @AftermathFi: ~15,000 txs Same value, more leverage.

sui:native is tied with Ethereum at 3.2K 30-day code commits and is about to take the #1 L1 spot. Developer velocity doesn't lie. @SuiNetwork

As of today, Schwab Crypto™ clients can buy and sell solana (SOL), avalanche (AVAX), and chainlink (LINK), in addition to bitcoin and ethereum. These new tokens are part of Schwab’s plans to thoughtfully expand its digital asset offering. Learn more: spr.ly/6019BHFa25

WSJ Exclusive: Avalanche (@avax) will provide the core ledger technology for the clearing firm on the NYSE-affiliated tokenized securities platform. Subject to regulatory approvals, the platform is designed to support 24/7 trading, clearing and settlement for its subscribers. @WSJ in thread

NYSE to Settle Tokenized Stocks on Avalanche Blockchain on.wsj.com/4Al7cLx