The $1B headline is massive, but it doesn't necessarily mean $1B came from people buying crypto. A lot of it likely comes from a mix of token launches, project equity, licensing, platform ownership, and the value of holdings increasing as the market rallied. That's an important distinction. Crypto has created a lot of wealth on paper over the last year, especially for people with early exposure to projects. Realized profits and net worth aren't always the same thing. What I find more interesting is what this says about the industry. A few years ago, crypto was being written off. Now it's creating billion-dollar businesses and attracting attention from some of the biggest names in politics and finance. Whether you support it or not, that's a sign the industry is becoming harder to ignore. The real question isn't where the money came from. It's whether this level of institutional and political interest keeps growing over the next few years. 👀