$DUSK — On this wave of “privacy coin rotation,” I’m only watching two hard questions.
The market noise right now is intense. Capital has clearly returned to the privacy sector, and both price action and volume in $DUSK have picked up sharply. When sentiment heats up like this, it’s easy for phrases like “compliant privacy” to turn into empty slogans.
What matters more to me is something concrete: after DuskEVM officially went live in January, can the network actually support real-world usage? Not just “it runs,” but “it can be plugged into institutional workflows.”
A second, more grounded signal is DuskTrade’s waitlist strategy and its cooperation with licensed trading partners—something I double-checked carefully before even mentioning. If this leads to a settlement model that is auditable without being fully exposed, then DUSK has genuine long-term value. If not, today’s momentum is likely just temporary fuel.
I’m staying conservative here. Before talking about valuation, I want to see how developer migration, RPC and indexer stability, and the actual rollout speed of DuskTrade evolve from here.