The CEO of ICE just called $HYPE bigger than Nasdaq. And this comes only 12 days after he was actively lobbying for its regulation. The shift is real. The numbers back up the hype. ETF inflows hit $101M in just 10 days, representing 1.04% of market cap. That is faster than both BTC and ETH at their respective ETF launches. TVL sits at $5.53B, a new all-time high even after the recent market shakeout. Open interest stands at $9.65B with a 24-hour volume of $7B. 28.1% of current volume now comes from TradFi through HIP-3. Wall Street is no longer just watching on-chain exchanges. They are allocating capital. And here is the kicker. DAT PURR is set to join the Russell 3000 on June 26. That means passive funds will be forced to buy automatically. The narrative has flipped. On-chain infrastructure is no longer a niche experiment. It is becoming the backbone of institutional finance. Stay sharp. The market is evolving fast.