1/10 🧵🧵 A protocol can grow its user base without actually expanding how those users use the product. That distinction is easy to miss. So I started looking at a different question: After users arrive, what else do they do?

A blockchain can look extremely busy… and still have very few real users. This is something I think we often get wrong when reading onchain data. A spike in transactions looks impressive. But who is actually behind those transactions? Bots? Airdrop farmers? MEV? Incentive hunters? Or real users who keep coming back because the product is actually useful? That distinction matters. Because: ✓ More transactions ≠ more users ✓ More wallets ≠ more humans ✓ More volume ≠ more demand ✓ More activity ≠ more adoption Onchain activity tells you that something is happening. But adoption asks a much better question: Are people finding enough value to keep using it? That’s why I pay attention to what happens after the incentives disappear. Do users stay? Do they come back? Are they using different parts of the product? Is activity becoming more organic? That’s where the real signal starts to appear. A busy blockchain is interesting. A blockchain people have a reason to keep using is something else entirely. What metric do you look at first when trying to separate real adoption from inflated activity?

Nigeria doesn’t need crypto rules that simply control the market. We need rules that make it safer without making it harder for young Nigerians to build. Taxes, SEC regulations and CBN policies will shape the next phase of crypto in Nigeria. But there’s a line we shouldn’t cross. If regulation becomes too expensive, too complex or too restrictive, builders won’t disappear. They’ll simply build somewhere else. And that could be a bigger loss for Nigeria than a volatile crypto market. The real question is: How do we regulate crypto without regulating innovation out of Nigeria? What do you think? #CryptoNigeria #Web3Nigeria #Web3

Most traders watch price. I watch what’s happening underneath it. Because by the time price tells you something happened, the market has usually been positioning for it already. These are 5 signals I’d keep on the radar: ✓ Stablecoin liquidity Stablecoin supply expanding can mean more capital is preparing to take risk. But don’t make the rookie mistake of treating stablecoins sitting onchain as active buying pressure. Liquidity ≠ demand. That distinction matters. ✓ BTC dominance This tells you where the risk appetite is going. BTC strong + dominance falling? Capital may be rotating down the risk curve. BTC strong + dominance rising? Alts can get absolutely smoked. I’d rather watch the rotation than blindly chase the narrative. ✓ DeFi TVL TVL by itself tells you very little. I want to know what the capital is actually doing. Are fees rising? Is borrowing increasing? Are transactions growing? Is liquidity staying? Or did someone deposit a huge amount because the incentives looked attractive for five minutes? Capital without usage is not adoption. ✓ DEX volume DEX volume is one of the better ways to measure actual onchain activity. One token doing insane volume? Interesting. Several ecosystems seeing volume expand? Much more interesting. Broad participation is harder to fake than a single narrative going viral. ✓ Leverage This is the one I pay close attention to. When open interest grows faster than spot demand, the market becomes increasingly fragile. Everything looks great on the way up. Then one small move happens. Liquidations start. Everyone suddenly becomes a macro analyst. Leverage is useful until it isn't. My framework is simple: Liquidity tells me what capital is available. Flows tell me where it is moving. Usage tells me whether the activity is real. Leverage tells me how fragile the move might be. Price tells me what already happened. If you want to understand crypto beyond candles and narratives, follow the data. That’s where the interesting part usually starts. DYOR. Not financial advice.

My Entry xitter.cf/AnasDeFikill/status/20…

$81,000 is the line. Bitcoin just got rejected from the $81.2K–$81.3K area and is now trading around $78K. That level matters. BTC has now pushed into the same resistance zone multiple times this week, and sellers have responded each time. The August rally looked impressive because BTC came from the low $60Ks. But a strong bounce is not automatically a trend reversal. My read: ✓ $78K is the first level bulls need to defend. ✓ Lose it decisively, and the $69K–$70K area becomes an important zone to watch. ✓ Hold $78K, and $81K likely gets tested again. The real confirmation comes if BTC can reclaim $81K and actually hold above it on a daily close. Until then, I’d rather call this a recovery than a confirmed new uptrend. The mistake is calling a bull market before resistance actually breaks. Resistance isn't a tweet. It's a price level that keeps winning.

Most Web3 job marketplaces are basically: “Here is a job board. Good luck.” ARC is taking a more interesting approach. The job itself becomes an onchain workflow: brief → work → verification → payment → reputation. I spent some time studying @relayed_arc1. Here’s what actually stood out to me 🧵 1/8 The first thing ARC gets right is the brief. Before anyone starts working, the employer defines: ✓ what needs to be delivered ✓ the budget ✓ the deadline ✓ what “done” means That last part matters more than it sounds. Badly defined work creates bad outcomes.

Banks are not entering RWAs because they suddenly love decentralization. They are entering because traditional financial rails are slow, expensive, and fragmented. Tokenized Treasuries can improve settlement and distribution. But there is one layer the RWA narrative often overlooks: Security. If institutional assets are moving onchain, protecting the cryptography securing those assets becomes part of the product. That’s where @quipnetwork gets interesting. The future of onchain finance should not only be faster and more programmable. It also needs to be prepared for a post quantum world. RWA brings capital onchain. DeFi gives it utility. Post quantum security helps protect the rails. The goal isn’t to replace traditional finance. It’s to make the financial rails ready for what comes next.

Web3 didn’t need AI to become more speculative. It needed AI to become more useful. An agent that can: ✓ Check a balance ✓ Pay a service ✓ Book compute ✓ Execute a trade is more valuable than another “decentralized ChatGPT” token. The winners won’t be the loudest models. They’ll be the ones that can move value, execute tasks, and interact with onchain systems with minimal human intervention. That’s where AI x Web3 gets really interesting.

Most people see @QuipNetwork and immediately think: “Post quantum security.” Fair. But I think that may only be the entry point. The bigger opportunity is compute. Quantum hardware can become incredibly powerful, but power means little if access remains expensive, fragmented, and difficult to verify. That is the problem I find more interesting. What happens when specialized compute becomes something you can actually access, coordinate, and pay for without needing a massive institution behind you? That is where decentralized infrastructure starts becoming interesting. And I think the long term winners in this space won’t necessarily be the ones with the most impressive hardware. They’ll be the ones that make expensive compute feel like a usable service. Security protects the assets. Accessible compute creates the utility. For me, the second thesis is the one worth watching.

RWA is not valuable just because a real world asset is now onchain. That’s the easy part. The real test is what happens after tokenization. Can that asset become liquid? Can it move across financial applications? Can it generate yield? Can it be used as collateral? Can DeFi actually interact with it? Because putting a house, bond, or invoice onchain doesn’t automatically create utility. My view is simple: Tokenization without financial utility is just digitized ownership. The real RWA opportunity is turning traditionally illiquid assets into programmable financial primitives. Tokenization puts the asset onchain. Utility is what brings the asset to life.

The deeper I look into @TwyneXYZ, the more interesting its Credit Delegation model becomes. Here’s a simple way to think about it: Imagine a borrower has: $100K collateral $85K debt +$20K delegated credit Their own collateral gives a Twyne LTV of 85% in this illustration. But with the additional delegated credit, the underlying market could view: $85K debt / $120K effective collateral ≈ 70.8% external LTV That distinction matters. The interesting part isn’t simply “more leverage.” It’s how Twyne can route unused borrowing capacity to where credit is needed, potentially improving capital efficiency across lending markets. My thesis: Credit doesn’t always need more liquidity. Sometimes it needs better allocation.

X just rolled out a useful reply control that more people should know about. You can now control replies from people connected to your network through a second degree. Think: You → your followers → their followers. That gives creators more control over who joins a conversation without simply opening replies to everyone. For communities, this could be especially useful for keeping discussions relevant while still allowing new voices into the conversation. Small feature. Big improvement for conversation control. Would you use second degree replies on your posts?

We miss you so much, Sir.

GM CT 🦋 Quantum computing sounds futuristic until you look at the real problem. The hard part isn't only building powerful quantum hardware. It's making that compute accessible, useful, and easy to coordinate. That's what makes @QuipNetwork interesting to me. Instead of treating quantum and classical computing as competitors, Quip is building a network where CPUs, GPUs, ASICs and QPUs can contribute to different workloads. A job comes in → the right compute gets involved → the result gets verified. And the interesting part doesn't stop at compute. Quip is also working on post quantum protection for assets on existing chains, meaning the network is thinking about both sides of the transition: More powerful computing. More resilient security. For me, that's the bigger thesis. The future of compute won't simply be about having faster machines. It will be about making specialized compute accessible, verifiable, and economically useful. That's the part of Quip I'm watching.

Most people see Quip Network and think “quantum blockchain.” That’s not the most interesting part. I dug into the code, research, testnet activity and architecture. Here’s what I found about what Quip is actually building 🧵

Here’s the part of @TwyneXYZ I find most interesting: DeFi doesn’t necessarily have a credit shortage. It has a credit allocation problem. One side has borrowing capacity sitting unused. Another side has collateral but wants more credit. Twyne is building the layer that connects them. The lender can put idle credit to work. The borrower gets additional credit capacity. And the protocol coordinates the relationship between both sides. That makes me wonder: What happens when borrowing capacity becomes an asset that can be efficiently allocated across DeFi? That’s the bigger Twyne thesis I’m watching.

1/7 Crypto has brought assets, dollars and markets onchain. But one of the world's biggest financial markets is still largely offchain: Credit. What happens when dividend backed credit becomes programmable? That’s the bet behind Digital Credit. And @Apyx Fi is building around it.

Financial infrastructure wins quietly. The loudest projects usually get the most attention. But the infrastructure that moves capital, protects users, improves liquidity, and makes financial products easier to access is often building value without making much noise. That is the part of Web3 I find most interesting. For XRPL, the opportunity is bigger than another token narrative. It is about building financial rails that can support real economic activity around XRP. This is one reason @xora_finance caught my attention. The interesting question isn't simply how much attention a product receives. It's whether users can rely on it to: ✓ Move capital efficiently ✓ Access useful financial products ✓ Manage digital assets more effectively ✓ Build repeatable financial behaviour My view: The next phase of crypto won't be won by whoever creates the loudest narrative. It will be won by whoever turns blockchain infrastructure into something people actually use. **Hype gets attention. Infrastructure earns trust. Utility creates longevity.** That is where I believe the real competition in Web3 is heading.