$UTXO is bottomed. Spark/Flashnet are just getting started. You have a $1Billion + parent company (ran by the ex PayPal President) backed by Paradigm & A16Z, who already is partnered with Coinbase + SoFi for blockchain money transfers. The AMM (Flashnet) raised at a 8 figure + valuation with investment from Trump’s Crypto Czar’s venture firm. Spark/Flashnet allow for a robust AMM trading experience with BTC (we begged for this for months). So what has been the problem? Why is volume lower? Two things: 1. The innovative tech had bugs in the early stages which stymied momentum & created a lack of trust in the market. (These bugs have now been fixed and it’s a flawless operation). 2. Competing factions pushing their own memecoins opposed to focusing on a PVE narrative token like $UTXO in the infant days of the innovation. No innovative protocol on BTC has succeeded without consensus on a single narrative token during the early stages. Examples: BRC20- $ORDI Runes- $DOG Alkanes- $METHANE Trac- $TRAC BRC2.0- $ACORNS ...