A big part of the conversation lately has been the growing attention around Grayscale’s ZEC ETF filing, and you can already see that attention slowly reflecting on $ZEC charts. What’s interesting is how narratives work in crypto. At first, it starts with discussions… then attention builds… and before long, liquidity starts following the narrative. That’s kind of what we’re seeing now with the whole alt season talk too. For a while, people kept saying alt momentum would return, and now little by little, we’re starting to see signs of liquidity rotating back into alts again. TON is another good example. Not too long ago, attention shifted heavily toward the ecosystem again after the recent updates around leadership, network growth, and cheaper fees. That alone brought more eyes back to TON ecosystem projects. And naturally, DeFi platforms like @ston_fi already one of the biggest DEXs on $TON also benefit from that increase in activity. What makes it more interesting is that TON fees were already low before… so with the latest fee reductions, swaps on platforms like Stonfi become even cheaper and smoother. And usually when: • fees get lower • transactions get faster • and ecosystem attention increases you start seeing more trading activity and volatility follow naturally. So right now it feels like multiple narratives are slowly connecting together: • alt season talks • ecosystem growth • ETF attention • and improving on-chain infrastructure And that combination is usually where things start getting interesting #ZEC