order-book depth is forcing a rethink of treasury policy

Attention jumps quickly; capital moves more slowly.

When RWA tokenization and protocol revenue disagree, sizing down beats inventing a clever story.

That debate sits next to today’s market focus around “Insiders Crash New Binance.”

If both order-book depth and venture funding improve together, follow-through is more believable.

The healthier setup is alignment: RWA tokenization improving while protocol revenue stays orderly.

In that environment, patience is a position, not a slogan.

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