AI has truly transformed on-chain dynamics. Just over a year ago, developers would write a bit of code and throw together a shabby product, and people would say, “This is amazing!” Now, those same people can build products themselves, and when they see even the most polished websites or offerings, they simply say, “Another Codex-made useless thing.” Pons becoming the top market cap on Robinhood shows that the on-chain community is no longer just chasing sentiment—it’s starting to recognize revenue, market share, valuation, and logic. Only then can good projects drive out the bad. Isn’t that far better than who can catch the most spit?