Industry Updates from Solana Skyline — NYC Conference Week Starts Now | Ep 521

**SKIP TO 5:30 DUE TO AUDIO ISSUES**Good now revolutionaries—Evan, Will, and Alex broadcast live from Solana Skyline on the 8th floor in NYC, with Matthew Wiley and chief sanity officer Tori in the room. Casey Craig opened her Euphoria launch party at Soho House the night before, and Orangy walked away with the tap-trading crown. Nine minutes in, the conversation pivots to record ETF outflows, Saylor selling 32 BTC at $77K only to buy back 1,000+ at $60K, and Arthur Hayes denying he re-entered Hyperliquid despite on-chain receipts.Will lays out the Bitcoin mining doomsday math: the 2028 halving puts cost-to-mine at $103K. Miners are already pivoting hard into AI compute (IREN, CleanSpark) — "the death-blow argument has been around for ten years and hasn't broken Bitcoin yet, but the gap is widening." Plus a Cardano takedown — $300/day in chain revenue against a $6.15B market cap, a 57-million-times annual-revenue-to-market-cap ratio, and an extended argument for why "volume isn't life" when the only people making money are the market makers fleecing retail.Two Silicon Valley quotes get cited in earnest: Russ Hanneman's "never make revenue" rule ("the second you make revenue, it puts a ceiling on your valuation") and Alex being Guilfoyle. SpaceX IPO at $2T valuation goes through the wash again — SpaceX itself lost $4.9B last year, Starlink is the only profitable piece, the NASDAQ is forcing inclusion while the S&P refused. Plus the Jelly Jelly Hyperliquid validator-vote story to explain why "decentralized" deserves scare quotes, the Brian Armstrong / Jamie Dimon Heated Rivalry edit, and Will's Circle CRCL setup at the $64 gap fill tied to the CLARITY Act vote.Critical PSA: the Rise Up Twitter was compromised Friday in a phishing attack. Alex got hit by a fake X copyright-violation email while boarding a plane, hackers posted a pump-fun shitter, Tori filed the takedown in under 15 minutes. The phishers tried again mid-show with an "Aeon XYZ" pump from the @riseup account — DO NOT BUY anything posted from Rise Up Twitter accounts. Rise Up is never launching a token like that.Powered by Arculus Wallet — getarculus.com, promo code ARCURUMS10.Powered by Jito — stake your SOL at https://www.jito.network/staking/.RUMS Purple WalletWant the safest way to store your crypto? The Arculus cold storage wallet keeps your assets completely offline, away from exchanges, away from hackers, and fully in your control. Get your exclusive RUMS x Arculus cold storage wallet today!Crypto Payment · Card PaymentSupport the show— Want to hang out with us after the show, get live answers to your questions, or join future giveaways? Join our free community where the show lives 24/7: community.rumshq.com—☕ THE RISE UP MORNING SHOW☀️LIVE Monday - Thursday @ 7a centralHelpful web3 news, commentary, & answers to your crypto questions.🍻RISE UP AFTER DARK🌗 LIVE Wednesdays @ 7p centralDYOR and BYOB for casual Q&A, fun with expert guests, and altcoin research.📈RISE UP MARKET WATCH🤑LIVE Mondays @ 7p centralTechnical analysis, real macro insight, and practical takeaways to help you invest smarter in every market.⚖️ TRUST ISSUES 🧐 LIVE Tuesdays @ 6:30p centralBreaking down U.S. crypto policy, regulation, and legislation—what they mean for the industry and what comes next.—WANT MORE?👉Connect w/us on your favorite social: https://rumshq.com👉Become a guest or sponsor: [email protected]👉Join our free community: https://community.rumshq.comFOLLOW OUR HOSTS:☮️ Evan Mann: https://beacons.ai/conversationswithevan🤬 Alex Popovic: https://alexpopovic.info🐬 Will Watson: https://c...