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At first glance, the most-read stories sit in different buckets: a Bitcoin selloff tied to a crypto bill setback and Fed anxiety, a prediction market listing a long-dated BTC level, a Solana lending protocol hiring a Wall Street-native CEO, Broadridge pushing deeper into crypto and tokenized investments, and even adjacent attention around AI and open-source quantum tooling. In reality, they all point to the same transition. The market is moving from a cycle driven by token stories and liquidity reflexivity toward one driven by infrastructure legitimacy, compliance architecture, and who owns the rails connecting real capital to digital assets.