Daxter.xrd

Quick community update given the current market. It has been a rough stretch for the whole crypto market, and Radix has felt it too. I know a lot of people are feeling tired, frustrated, wondering why progress never seems to match the charts. That’s fair, I feel that too at times. But here’s the thing: what we’re building hasn’t changed. The fundamentals are still rock solid, and Radix keeps delivering. Here's what's going on at the moment: 1) Hyperscale testing is running smoothly and this week saw scale reach 10x per machine. That means we’re getting close to the levels Dan was hitting earlier this year. No major blockers yet, and third parties are still on standby for public testing. 2) Radix Rewards continues to build momentum, with months left on Season 1. Native SOL routes are live and TVL in XRD terms is now at an all-time high. Wrapped assets on-chain keep rising, and more asset routes are being added. We're also seeing on-chain transactions grow week on week, with last week having the 2nd highest weekly transactions ever (excl RadQuest week) Despite the market, Astrolescent has hit another milestone with over 7 million dollars bridged to Radix. 3) Strategic partnerships are accelerating. Since Merge Madrid and Token2049, conversations with both asset issuers and larger partners have advanced quickly. A full-time BD lead is now driving this forward, and this includes both asset issuers and broader opportunities that we will be sharing more details about in the near future. These are the kinds of milestones that matter when markets turn: real delivery, not speculation. The other thing I know many are wondering about is the CTO leadership. The technical team already in place has deep experience and is keeping things moving without disruption. A new CTO isn’t needed to finish Hyperscale testing or maintain delivery; the focus now is execution. Filling the CTO role is one of a few top-tier priorities, and it becomes more important after Hyperscale testing, when long-term technical direction and protocol evolution take centre stage. Finding the right person for that phase is not something to rush. We’re being deliberate because the right fit matters far more than speed. So yes, the market’s brutal right now. But volatility does not change the vision, the destination, or our conviction. The backdrop is difficult and frustrating. But Radix remains stable, lean, and focused.