The Optical Crash: A Layer2 Research Lead’s Deconstruction of Infrastructure’s False Signal
### Hook On August 18, 2025, the US optical communication sector bled 8-12% i...
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### Hook On August 18, 2025, the US optical communication sector bled 8-12% i...
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Greed
Market Sentiment
Independent validator client goes live on mainnet
Circulating supply increases by about 2%
Raises validator limit and account abstraction
Team and early investor shares released
Block reward halving event
Block reward reduced to 3.125 BTC
92 million ARB released
Improves data availability sampling efficiency
Bitcoin Season
| # | Coin | Price |
|---|---|---|
| 1 |
Bitcoin
BTC
|
$78,149.8 |
| 1 |
Ethereum
ETH
|
$2,458.46 |
| 1 |
Solana
SOL
|
$105.26 |
| 1 |
BNB Chain
BNB
|
$694.9 |
| 1 |
XRP Ledger
XRP
|
$1.39 |
| 1 |
Dogecoin
DOGE
|
$0.0851 |
| 1 |
Cardano
ADA
|
$0.2008 |
| 1 |
Avalanche
AVAX
|
$7.3 |
| 1 |
Polkadot
DOT
|
$0.8396 |
| 1 |
Chainlink
LINK
|
$11.39 |