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kharal
kharal
$BTC / $ETH / $SOL | THREE DIFFERENT ENGINES $BTC → Macro liquidity + institutional flows $ETH → Settlement + capital infrastructure $SOL → Execution + high on-chain activity $BTC reacts first to rates and liquidity. $ETH captures demand through its broader financial stack. $SOL thrives when users and capital move faster on-chain. Same market. If liquidity stays tight, which engine can keep generating real demand?

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