Been spending time digging into Anoma lately, here are some thoughts: Anoma is building the decentralized operating system for all of crypto. Every chain, app, and asset all connected, with native intents and programmable privacy everywhere. The XAN token captures value from everything running on Anoma. Why does XAN go up? Because every app built on Anoma generates fees, and those fees are used to buy back and burn $XAN. More usage means more buybacks, which means more value. The magic comes from the Anoma Resource Machine (ARM), a next-gen virtual machine that lets developers write one app and deploy it everywhere. ARM turns the idea of "multichain" into reality. Apps can live on Ethereum, Solana, and beyond all at once: with native privacy and full interoperability. What’s cool is that they have bold ambitions with the goal of having the future superapps, neobanks, and payment systems on Anoma. It’s the best of both worlds: privacy without compromising user experience or decentralization. I am an investor in @anoma.