ZGOD 07

Lately, it feels like Bitcoin just can’t catch a break. Since Q4 2025, it’s been lagging behind almost every major asset class. Gold moves. Equities move. Even other risk assets bounce. And Bitcoin? It feels heavy. Stuck. Pressured.
One explanation people keep bringing up is the idea of “lost” coins.
Roughly 3.5 to 4 million BTC from the early years are believed to be permanently lost or dormant. That’s close to 18% of total supply. For years, the market treated those coins as gone forever, almost like they never existed. Scarcity narrative strengthened because of that assumption.
But now quantum computing enters the conversation again.
Suddenly, people are asking: what if some of those early wallets — especially ones with exposed public keys — aren’t as untouchable as we once believed? What if, years from now, technology advances enough to threaten those old keys?
Even the possibility changes psychology.
Markets don’t wait for events to happen. They price in probabilities. If there’s even a small chance that part of that 3–4 million BTC could re-enter circulation one day, forward supply expectations shift. And when expected supply increases, price pressure naturally builds.
What makes it more complex is this: since 2020, institutions, ETFs, and corporations have accumulated roughly 2.5–3 million BTC combined. That number is almost the same size as the “lost” supply narrative.
So now the market is looking at two competing forces. On one side, long-term institutional absorption. On the other, a theoretical future overhang.
But here’s what I find interesting.
On-chain data shows 13–14 million BTC have already moved during this cycle. That’s massive redistribution. If Bitcoin was fragile, if it couldn’t handle liquidity shifts, we would have seen a structural collapse already. But we didn’t.
That makes me question whether the fear of dormant coins returning is being overstated compared to what the market has already absorbed.
Also, quantum risk isn’t a network-wide death sentence. It mainly affects older wallets with exposed keys. Bitcoin itself isn’t frozen in time. Wallet standards evolve. Security improves. Researchers are already discussing quantum-resistant upgrades at the protocol level.
To me, this doesn’t feel like Bitcoin is “broken.” It feels like the market is wrestling with uncertainty. A theoretical future risk versus a system that keeps adapting.
Right now, price reflects hesitation.
But hesitation isn’t the same as weakness. Sometimes it’s just the market thinking out loud.
#Bitcoin #OnChainData #QuantumComputing $BTC

I’ve been watching XRP move around the $1.12 level again and again, and the more it happens, the more that number starts to feel important. It’s not about one single bounce. It’s about how price keeps coming back to the same area and finding support there. Each time it holds, it leaves a small impression in the mind that maybe this level actually means something.
When a price keeps getting tested but doesn’t stay below for long, it slowly builds a kind of comfort for buyers. It’s like people start feeling that this might be a safer place to step in. Not with full confidence, not with excitement, but with quiet belief that it might be close to the bottom.
I’ve also noticed that activity around XRP doesn’t feel as silent as it did before. There are more signs of movement in wallets, more interest slowly returning. It doesn’t look like hype. It looks more like people collecting slowly, without drawing attention. That kind of behavior usually doesn’t happen when everyone is scared. It happens when some people feel the price is worth the risk.
Another thing that caught my eye is how XRP-related exchange products are seeing more volume. When money starts flowing in quietly, it changes the mood over time. It doesn’t always push the price up instantly, but it creates a base. A sense that attention is coming back.
What makes the $1.12 area stand out is that it lines up with past price reactions too. It’s not a random number. It’s a place where the market has paused before. And when history repeats itself like that, it makes people watch that level even more closely.
Of course, no one can say for sure that this is the final bottom. Crypto has surprised people many times. But the way XRP keeps returning to this zone and finding strength there makes it feel like a point where selling pressure starts to weaken.
For now, it feels less like a breakout story and more like a stability story. The kind where the price stops falling, starts holding, and slowly gives the market time to breathe again. And sometimes, that quiet stability is where the next chapter begins.
#xrp #DemandZone #XRPPredictions $XRP

I noticed the data showing Polygon briefly pulling ahead of Ethereum in daily fees, and it didn’t feel shocking so much as revealing. For years, Ethereum has been the place where everything happened. So when another network tops it, even for a short stretch, it says something about where people are spending their time.
From what I could see, the sudden wave of activity around prediction markets, especially Polymarket, played a big role. When one platform starts buzzing, people naturally gather there. They click around, place predictions, move funds, interact again and again. That constant movement quietly adds up. And before anyone really notices, the fee numbers begin to tell the story.
What stands out to me is how practical people are. Most users aren’t thinking about which chain is more respected or more famous. They just want things to work without friction. If transactions feel lighter and faster on a certain network, that’s where they go. Especially when activity is high and every second matters.
Ethereum still feels like the backbone of so much in this space. That hasn’t changed. But the high gas fees have always made people hesitate. I’ve seen people cancel transactions just because the cost didn’t feel worth it. So when a moment comes where thousands of people want to interact with one kind of app at the same time, it makes sense they lean toward something that handles that load more easily.
To me, this doesn’t feel like one chain beating another. It feels more like the ecosystem stretching. Polygon was built to help Ethereum scale, to take some of that pressure off. So when it handles more activity during certain moments, it almost feels like it’s doing the job it was meant to do.
What I take from this is how quickly attention can reshape the numbers. One popular use case, one platform gaining momentum, and suddenly the balance shifts a little. Maybe just for a while. But long enough to remind everyone that in crypto, where the users go, the energy follows.
#Polygon #ETH #FeesExplained $POL $ETH

Quando ho letto ciò che Ray Dalio ha detto riguardo al vecchio sistema basato su regole che sta lentamente perdendo forza, non mi sono sentito scioccato, ma ho sentito un po' di riflessione. Sembrava meno una previsione e più come qualcuno che condivide ciò che ha osservato silenziosamente per anni. Il modo in cui il mondo gestisce denaro, potere e controllo non sembra così stabile come una volta. E quando qualcuno come lui lo sottolinea, ti fa fermare.
Ciò che mi è rimasto di più è stato il modo in cui il Bitcoin è entrato in quella conversazione. Non come una moda. Non come una tendenza. Ma come qualcosa di neutro. Denaro che non appartiene a un paese, a un leader o a una decisione. In un momento in cui le politiche cambiano, le valute salgono e scendono, e la fiducia oscilla, quell'idea sembra semplice ma forte.