Look at what's been happening in the market lately. The situation is quite complex, with several things happening at the same time that deserve attention.

First, Anthropic's Claude is finding an interesting way to attract users. They launched this feature to import memories directly from ChatGPT and Gemini — basically, you copy a specific prompt, export your preferences and accumulated history, and paste everything into Claude's settings in about 60 seconds. It's like a direct attack on the lock-in that OpenAI created with extended contexts. After that, Claude rose to the top of the AI product App Store. Some see this as a public challenge to OpenAI, but others think it's just marketing — because in reality, you're only migrating a handful of selected memories, not the full conversation history.

But let me talk about something that’s causing even more volatility. The conflict in the Middle East escalated significantly in early March, with airstrikes and missile retaliations. The crypto community was discussing how this would impact markets on Monday. Some believe everything will drop due to risk aversion, while others argue that wars stimulate defense and technology sectors. The interesting point is that the crypto market, operating 24/7, always reacts first to these geopolitical shocks.

There’s another factor affecting behavior here: Bitcoin’s dominance has been steadily increasing. According to analyses I’ve seen circulating — like the ones Benjamin Cowen shares on Twitter — we’re in a classic “BTC squeeze” phase. Benjamin Cowen has been observing this pattern for a while, and it makes sense when you see capital concentrating even more in Bitcoin during macroeconomic uncertainty. The debate is whether this means altcoins are still far from a turnaround or if it’s actually the best time to position oneself. Benjamin Cowen and other analysts I follow on Twitter have different perspectives on this. Some say high dominance signals a cycle reversal, but others see it as a normal phenomenon during risk phases.

On the positive side of the ecosystem, Solana is evolving a lot. The bank SoFi activated native deposits on the network, Bhutan launched a digital visa system on Solana, and RWA on-chain hit a record of $1.71 billion. Jupiter, which is like Solana’s financial hub, processed a total volume of $1 trillion this year, with $250 billion just in perpetual contracts. They expanded to 10 new product lines, and their lending protocol grew incredibly fast. The integration with Robinhood, Coinbase, Uniswap, and MetaMask shows that Solana is becoming real infrastructure.

There’s also this interesting development with predictive markets. Polymarket is seeing capital flow into bets on views of videos from creators like MrBeast. Basically, the attention economy is being financialized and gamified in real time. It’s a very creative use case for prediction.

And during that turbulent weekend, Hyperliquid became the go-to place for traders to hedge. While traditional markets were closed, the decentralized perpetual platform offered the only way to manage risk in commodities like oil and gold. It really demonstrated the usefulness of having derivatives operating 24/7.

Twitter also launched a “Paid Partnership” label for creators to mark sponsored content transparently. This has a big impact on crypto influencers who rely on implicit promotions. Some see it as an improvement in transparency, while others worry it will reduce the effectiveness of partnerships.

Overall, it’s a very dynamic moment. The market is testing new forms of financial infrastructure, AI agents are starting to coordinate information on the blockchain, and the reality is that there’s still a lot of uncertainty about how all this will unfold. But it’s clear that things won’t go back to how they were before.