If you were holding OP over the past year, you’re down 85% If you were holding ARB over the past year, you’re down 76% If you were holding AAVE over the year, you’re down 60% If you were holding BRKB over the past year, you’re up 10% If you were holding TSLA over the past year, you’re up 12% If you were holding SP500 over the past year, you’re up 15% A small sample size, and a better sleuth than I could give a full summary of crypto alts performance at large, but the point is that alts have at large failed crypto natives over the past year+, who 1) made money in the previous cycle and want to diversify and 2) have fallen out of favor with the countless altcoins launching with no consumer protections and seemingly unlimited rugs. This is why stablecoins, equity perps, commodity perps, and spot equities have become the narrative as we end 2025 and enter 2026