watch the real test hit when JTX perps go live and 80% of fees start accruing to JTO holders that changes behavior: JTO holders and Solana validators will push flow where they get paid, not to a waitlist for a frop hyperliquid dominates and phoenix is solid, but neither pays the broader community like this, so expect the loudest airdrop hunters to be the most upset and the quiet pros to migrate first.

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