i've been insanely bulled up about stonk fun, but also taking the time to continually renew/highlight my thesis for the upcoming bull run that both stonk fun *and* RH chain will do well on the idea that: -there are people native-to/comfortable trading on sol -there are eth-aligned people native-to/comfortable trading onchain on RH -there are a lot of people that trade chain-abstracted and just want great UX (via apps, or just agnostic rotational bridgoors) -both platforms have egalitarian insider-free fully distributed fair launches, with amazing buyback/burn and strong revenue (stonk, pons, LONG (indirectly)) timeline has been like this: RH chain innovated a new set of memecoin primitives (memefi), and a ton of people during the depths of the bear (or early bull) bridged over from solana (94% of capital, initially, came from sol). it was the first beneficiary of the liquidity from that first BTC impulse up after the bessent YCC tweet. solana said "hey, we've got stonk fun - you can come back now, and do this at home. and we have some cool sort of symbiotic PVE token design we're playing with too" and many people bridged back (pons/RH chain stuff cooled off a bit here after an amazing run) all of onchain on all platforms cooled off past ~2 days a certain platform launched an (alleged) coordinated FUD campaign against stonk fun RH teased announcements, RH incumbents said "ok come back now" to appeal to the rotational mercenary cohort that's comfortable moving back and forth to try to time oscillations but shockingly both platforms/ecos are pumping the past hour or two, together. and while i don't think they always do well concurrently, i think stonk fun and RH chain will kinda leapfrog each other, bullishly, and both end up with amazing winners at extravagant mcaps by the end of this cycle. i think what drives price appreciation for stonk/RH: 1) capital from sideliners/cryptonatives redeploying 2) net new capital from a new wave of folks (seeing early signs of this, if you look at social signals). apps will do a lot of heavy lifting here, having solved consumer-grade UX for the first time 3) bloated reactionary/complacent incumbents that were capitalized in a previous market under very different assumptions about today's competitive landscape will continue to see outflows that flow into newer, hungrier, feature-rich platforms that ship high-PMF features aggressively, alongside a more friendly and inclusive, above-board culture.