Asia is shaping the crypto narrative in 2025, with XRP surging in Thailand while Filecoin (FIL) faces steep selling pressure in Shanghai. 🚨 This sharp divergence highlights how regional adoption trends and investor behavior are driving very different outcomes for altcoins. XRP’s momentum is fueled by Ripple’s growing remittance partnerships in Asia, proving that local use cases can boost value regardless of Western sentiment. Meanwhile, Filecoin is under pressure as investors question its token utility and shift focus to faster-moving narratives.
In this video, we’ll dive deep into XRP’s adoption in Asia, why Thailand’s corridors are giving it a unique edge, and contrast that with Filecoin’s challenges in China, where regional flows are creating headwinds. Understanding these dynamics is critical for traders and investors, as Asia’s crypto moves often foreshadow global adoption trends.
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#XRP #Filecoin #CryptoAsia #Ripple #ThailandCrypto #ShanghaiCrypto #CryptoNews #Altcoins #DeFi #Web3 #Blockchain #CryptoTrading #XRPAdoption #FIL #CryptoMarkets
In this video, we’ll dive deep into XRP’s adoption in Asia, why Thailand’s corridors are giving it a unique edge, and contrast that with Filecoin’s challenges in China, where regional flows are creating headwinds. Understanding these dynamics is critical for traders and investors, as Asia’s crypto moves often foreshadow global adoption trends.
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Sofi Checking & Savings – Get $25 free ➝ https://www.sofi.com/invite/money?gcp=16a53d0f-b4b2-441d-9100-cfb506305260&isAliasGcp=false
Sofi Investing – Free $25 in stock ➝ https://www.sofi.com/invite/invest?gcp=ab31edd8-701e-4109-9225-51b41e35d246&isAliasGcp=false
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#XRP #Filecoin #CryptoAsia #Ripple #ThailandCrypto #ShanghaiCrypto #CryptoNews #Altcoins #DeFi #Web3 #Blockchain #CryptoTrading #XRPAdoption #FIL #CryptoMarkets
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LearningTranscript
00:00Welcome to the Deep Dive.
00:06This is the space where we really try to tackle these complex stacks of global research.
00:12Yeah, cutting through the noise.
00:13Exactly.
00:14To deliver those essential nuggets of knowledge, you need to be, well, truly well informed.
00:19Our mission today, it's pretty laser focused.
00:21We are shifting our attention maybe away from the typical Western headlines, you know, Bitcoin
00:26ETFs, Fed policy.
00:28That usual stuff.
00:29Right.
00:29And we're going to examine these fascinating and honestly often contradictory capital flows
00:34happening across the Asian crypto markets.
00:37And it's more than just like a shift of focus.
00:40It's really a crucial analytical exercise, I think.
00:43Most global investors, they tend to view crypto through this monolithic lens, right?
00:47Assuming market drivers are just uniform everywhere.
00:49But the reality is the narratives dominating the US and the EU, they often completely obscure
00:55these specific regional tectonic shifts.
00:58And that's where the real world utility driven crypto adoption and frankly significant profit
01:03and loss is actually happening.
01:05Exactly.
01:06And to really prove this divergence, we've got two completely contrasting, really compelling
01:12case studies lined up.
01:14We're going to analyze why one asset, XRP, is absolutely surging in Thailand.
01:19I mean, reflecting massive local confidence, institutional adoption driven by actual utility.
01:24And then we're immediately juxtaposing that performance with another major infrastructure
01:29asset, Filecoin or FIL, which is currently facing these heavy concentrated sell-offs.
01:35And they seem driven primarily by key traders located in, well, the major regional hub of Shanghai.
01:41So it's a story of success versus struggle.
01:43Totally.
01:44Driven not by the global macro environment, which is what we usually talk about, but by
01:47intensely local dynamics, all within the same continent, too.
01:50Which makes it fascinating.
01:51Right.
01:52But OK, before we dive into how Thailand managed to turn XRP into, you know, a top performing
01:56regional asset and maybe why these Shanghai traders are dumping FIL, we need to quickly
02:01deliver a critical message.
02:03You know, engaging with this deep dive, liking, subscribing, leaving a comment, it really does
02:06help support the channel.
02:07It absolutely does boosts visibility in the algorithm.
02:11Yeah.
02:11And it lets us keep creating this quality crypto content.
02:16Drilling down into these complex global stories that hopefully matter most to you takes just
02:21a second and ensures we can keep doing this level of analysis.
02:25Please do.
02:25It helps a lot.
02:26OK, let's unpack this then.
02:27Starting with that core idea, market divergence itself and maybe why it's so easy to miss in
02:33the first place.
02:33Well, the initial problem, I think, for most global investors is really their assumption
02:38that crypto operates as this single globally uniform asset class.
02:43They apply a sort of centralized analytical framework, right?
02:47If a headline hits the U.S. financial media, they expect, boom, a uniform reaction everywhere
02:52else.
02:53Yeah, that makes sense, given it's digital.
02:54It's understandable.
02:55Yeah.
02:55Given the digital nature of the assets.
02:57But it's fundamentally flawed when you're dealing with altcoins and these regional flows.
03:02Right.
03:03We're sort of trained to think that if the SEC makes a ruling or, you know, some large
03:06U.S. bank announces adoption, the ripple effect is global, instantaneous.
03:12But what we miss, I think, is that genuine sustained market momentum, especially outside
03:19of maybe Bitcoin and Ethereum.
03:21It often requires this hyper localized stuff like regulatory clarity, established regional
03:28partnerships, acceptance within local payment rails.
03:31Precisely.
03:32The reality is the market is deeply fragmented, primarily along geographical lines and regulatory
03:37lines, too.
03:38Regional markets can absolutely dictate asset momentum and price action in ways that, you
03:43know, major global players sitting in London or New York, they often miss it entirely.
03:48So you really can't understand this divergence without factoring in things like local capital
03:52controls.
03:53Exactly.
03:53Capital controls, geopolitical alignments, even differing cultural attitudes toward risk and
03:59technology adoption.
04:00It all plays a part.
04:01So, OK, we have this perfect almost textbook example right now playing out.
04:05Thailand is actively fostering an environment that seems pretty conducive to specific crypto
04:10adoption.
04:11And in that market, XRP has just outperformed all its major competitors.
04:15Yeah, significantly.
04:16Which seems to reflect this institutional confidence that's rooted in utility, not just hype.
04:19Right.
04:20And that stands in really sharp contrast to the regulatory climate over in mainland China,
04:25where, you know, capital controls are strict, policy shifts can be swift, often opaque.
04:30And these factors contribute directly to that heavy selling pressure we're seeing from Shanghai
04:35traders on Filecoin.
04:36So that difference in environment creates the core conflict we're looking at.
04:40This regional sentiment divergence is like a live, immediate force.
04:44It really is.
04:45On one side, you've got XRP leveraging favorable, localized institutional partnerships, specific
04:52regulatory frameworks for cross-border payments.
04:55Yeah.
04:55And on the other side, FIL is facing challenges tied directly to, well, the patience of its localized
05:01investor base, plus the structural pressures of its tokenomics, all within a much less permissive
05:06regulatory environment.
05:07I find that point so critical, localized policy having a stronger market impact than maybe the
05:13big global macro news.
05:14Right.
05:14A lot of Western investors might just assume an altcoin's performance is, I don't know,
05:18entirely dependent on what Bitcoin's doing that day.
05:20Right.
05:20The Bitcoin beta trap.
05:22Exactly.
05:22But for the global investor, if you fail to track this specific regional demand or, you
05:30know, the concentrated lack of demand, it means you're operating on fundamentally incomplete
05:34information.
05:35You're basically trading on speculation, not on actual utility traction.
05:40Absolutely.
05:41And the stark difference here, it's a powerful reminder that what pumps in one market, maybe
05:46because of clear regulatory utility, might actually dump in another because of structural
05:51tokenomics pressure.
05:52That's the central lesson.
05:54These regional narratives driven by local policy or, you know, localized utility adoption,
05:59they are often far stronger predictors of an altcoin's success than just the macro noise
06:04that dominates the global financial news feeds.
06:06So we need to look beyond the Bitcoin charts.
06:08Definitely. And ask where the genuine utility testing grounds are actually emerging. And right
06:13now, Asia is where that testing is happening at scale.
06:15Okay. Here's where it gets really interesting, I think, moving into this success story.
06:19Why Thailand? Specifically, why are they so bullish on XRP? Our sources are pretty clear.
06:25This isn't just like retail hype or some short-term speculation.
06:27No, not at all.
06:28It seems fundamentally rooted in tangible, real-world utility centered around cross-border remittances.
06:35It's entirely strategic. And it really starts with geography and economics.
06:40Thailand is this crucial nexus in Southeast Asia, right? You've got millions of people relying on
06:46remittances, either coming in or being sent out. And the performance of XRP there is directly tied
06:52to Ripple's massive, really aggressive strategic expansion in the Asia-Pacific region.
06:58Okay.
06:58This is basically the perfect environment for Ripple's flagship service, on-demand liquidity,
07:03or ODL, to prove its model actually works at scale.
07:07Okay. Let's make sure we unpack ODL a bit for everyone listening, because the mechanics are
07:11actually pretty crucial to understanding why there's specific demand for XRP.
07:15So traditional cross-border payments, they usually rely on something called correspondent banking.
07:20That's right. Which basically means banks have to pre-fund accounts in the destination country.
07:24These are called Nostro and Vostro accounts, with the local fiat currency.
07:28Right. So they have to park money there in advance.
07:30Exactly. And that's the key friction point. Pre-funding these accounts, it locks up capital,
07:35sometimes for days. And it requires significant operational overhead, especially if you're dealing
07:40with less liquid currencies. This slows transfers down, increases cost dramatically. It's inefficient.
07:46Okay. So how does ODL fix that using XRP?
07:49Well, ODL uses the XRP ledger to instantly source liquidity. XRP acts as a bridge currency.
07:55A bridge. Okay.
07:56Yeah. So imagine a payment provider in Thailand needs to send Thai bot THB to, let's say, the Philippines,
08:03in Philippine peso, PHQ. They initiate the payment. They convert THB to XRP instantaneously.
08:08That XRP is then sent across the ledger super fast to the destination country. And there,
08:14it's instantly converted from XRP into PHP for the final recipient.
08:18Okay. So it's fiat to XRP, then XRP back to fiat, all really fast.
08:22In near seconds, typically, rather than days. And crucially, it eliminates the need for those
08:26pre-funded Nostro accounts.
08:28Ah, freeing up capital.
08:29Exactly. Frees up capital, drastically reduces costs. And this efficiency advantage over the
08:35legacy SWIFT system, particularly in these high-volume, low-margin markets like the Southeast
08:40Asian Remittance Corridor. That's the real driver of XRP demand.
08:45So when we see volume increasing in Thailand...
08:47It indicates financial institutions, payment providers, they're actually using these services.
08:52And they need XRP to facilitate every single one of those transactions.
08:56But wait, someone listening might ask, okay, why XRP over, say, modern stablecoins? We hear a lot
09:02about USDT being used for speed and regional payments, too. What makes ODL and XRP maybe uniquely
09:08effective for remittances specifically?
09:10That's an excellent point. And it gets deeper into the analysis. So while stablecoins like USDT
09:15offer speed, they often still require the sender or receiver to actually hold a stablecoin wallet.
09:20Right. Not everyone has one.
09:21Exactly. And they sometimes face higher regulatory scrutiny, depending on the jurisdiction. ODL is
09:27designed to be, well, almost invisible to the end user. It integrates directly with established,
09:33regulated financial institutions. Plus, because XRP is the native decentralized bridge asset on its
09:40ledger, it can potentially offer deeper, faster liquidity than maybe a centralized stablecoin that's
09:46operating across a complex web of regional exchanges.
09:49So its success in Thailand is really about regulatory acceptance within the existing financial system.
09:55Fundamentally, yes. Which brings us squarely to that regulatory factor. This success hinges entirely
10:01on the local environment. While Ripple spent years, you know, locked in complex litigation in the U.S.
10:06debating XRP status.
10:08Yes, the whole security thing.
10:09Right. Southeast Asia and Thailand specifically was actually emerging as this supportive testing
10:14ground. Local regulators there have shown a willingness to classify XRP primarily as a digital
10:19asset for payment facilitation.
10:20Not as an investment contract.
10:22Exactly. Which fundamentally de-risks its use for institutions. That regulatory clarity is huge.
10:28You really can't overstate that, can you?
10:30No, you can't. When a major local Thai bank or payment provider partners with Ripple, they're doing
10:36it with confidence that the government isn't going to just suddenly shut down their remittance rail
10:40overnight. And that institutional confidence is what fundamentally drives asset performance outside the
10:46typical Western regulatory anxieties that so often suppress price action elsewhere.
10:51Okay, this is where we should look at the data points traders use to actually prove this thesis,
10:55right? Analysts assessing true organic demand, they aren't just relying on the global XRP-USD pair,
11:02which can be noisy, full of speculation.
11:04Oh, a bit easily manipulated.
11:05They're digging specifically into the XRP-THB trading volume, the volume traded directly against
11:10the Thai bot.
11:11Exactly. That is the crucial analytic proxy. If the XRP-THB volume is rising disproportionately,
11:17so for example, if XRP's volume against the bot is up, say, 50% a month, but its volume against
11:22the U.S. dollar is only up 10%, that proves Thailand is playing an outsized role in generating
11:27genuine demand and liquidity for the asset. It signifies organic non-arbitrage demand.
11:33Meaning actual payment providers using ODL.
11:35Correct. Which is far more bullish, far more sustainable than just global retail speculation.
11:41It suggests this deep localized confidence, kind of independent of what people in America
11:45or Europe might be thinking.
11:46And we should connect this demand back to the broader liquidity structure in Asia, too.
11:52You mentioned stable coins.
11:53Yeah, absolutely. As our sources noted, the dominance of stable coins, particularly USDT in Asia,
11:59especially China and Southeast Asia, it helps anchor global liquidity.
12:03It provides these massive liquid trading pairs needed for efficient currency conversion in the
12:09background. XRP is successfully slotting directly into these existing high-volume Asian financial
12:15flows. It's leveraging that depth of capital to ensure ODL operates smoothly.
12:20So if we connect this to the bigger picture, what does this Southeast Asian data really tell us?
12:26Well, driven by demonstrable cost reduction and efficiency gains, it's a really powerful indicator.
12:30It doesn't just show that XRP works in Thailand. It foreshadows global adoption trends for payment-focused
12:36digital assets more broadly.
12:38It's like a blueprint.
12:38Exactly. It provides a blueprint. Once regulatory clarity follows in other major jurisdictions,
12:44you know, maybe Europe or eventually even the U.S., we have actual evidence that this remittance
12:49model facilitated by these kinds of digital assets works efficiently at scale.
12:53Okay. So a very clear success story rooted in utility, regulatory alignment, regional economic
12:59need. Makes sense. Now, though, we have to pivot to the sharp opposite. The acute challenges facing
13:06an infrastructure utility token, Filecoin, specifically in the major trading hub of Shanghai.
13:12Yeah. And this transition is absolutely essential because we're moving from success driven by external
13:18demand for payment efficiency, like with XRP, to a major struggle facing an infrastructure utility
13:24token, Filecoin, FIL, whose entire value proposition is tied to the future fulfillment of internal demand
13:30for decentralized storage.
13:31And the reports coming out of Shanghai regarding FIL, they've been unequivocally negative lately.
13:37We're seeing heavy, concentrated selling pressure.
13:39Yeah, quite significant.
13:41So the key for investors, I guess, is understanding not just that traders are selling,
13:45but the structural reasons why Shanghai investors, who historically have been pretty major participants
13:51in these big infrastructure projects, why are they dumping FI now?
13:56Well, our analysis points to three critical drivers sort of converging here. The first,
14:02and probably the most foundational, is this growing concern over sustainable storage demand.
14:08Filecoin's economic model, it requires individuals and companies to actually pay for
14:12and use its decentralized storage capacity. That's the whole point.
14:16If the rate of real adoption, you know, but clients actually paying to store their data is
14:21slow or stagnant, then the utility token loses its foundational value proposition. Its purpose
14:27isn't being fulfilled.
14:28Which means the supply side might be fundamentally flawed relative to that demand, like the miners
14:33or storage providers in Filecoin's case.
14:35Right. Storage providers.
14:36They're incentivized to stake FIL, provide massive amounts of theoretical storage capacity,
14:41hoping to earn block rewards.
14:42Yeah.
14:42But if that capacity is just vastly outstripping the actual real world demand from clients who
14:48need to store data, you get this efficiency mismatch. The supply of staked tokens just
14:54dwarfs the utility demand.
14:56Precisely. It creates more of a speculative loop rather than a truly economic one,
15:00which leads to the second major driver. And this is highly localized, really critical to
15:05Asian market analysis. The impact of scheduled token unlocks.
15:08Ah, the unlocks. Always a factor.
15:11Always. Filecoin, like many of these large infrastructure tokens, distributed huge volumes
15:17of tokens early on to its storage providers, early institutional backers, development teams.
15:22And these tokens are often subject to preset release schedules, you know, vesting over years.
15:27And when a big chunk of those tokens unlocks and becomes liquid all at once,
15:30massive supply shock.
15:32A sudden concentrated supply shock. And if the underlying demand for storage utility isn't
15:36robust enough to absorb that new volume hitting the market.
15:39The only outcome is heavy selling pressure.
15:41Pretty much. And we're seeing reports indicating that Shanghai-based storage providers and maybe
15:46some early Asian institutional holders facing the pressure of these unlocks, perhaps needing
15:51to re-optimize their capital, are responsible for a significant chunk of this concentrated market
15:57liquidation.
15:58Okay. And the third factor you mentioned.
16:00Yeah. The third factor seems to be a perceived shifting investor focus. This isn't necessarily
16:05just about FIL's technology itself. It might be a broader critique of the massive sort of
16:10centralized infrastructure Web3 model.
16:14The attention, the capital might be moving away from these big utility tokens tied to things like
16:19storage and maybe toward more agile application layer projects or perhaps layer two solutions that
16:25seem to have more immediate, tangible utility.
16:28So this shift forces us to ask a pretty important question then. Is the storage token model itself,
16:34is it inherently broken? Or is this just temporary volatility for FIO coin?
16:39That's exactly the debate the market is having right now. Is staking tokens for infrastructure,
16:44where providers are essentially being paid to wait for users, is that a sustainable,
16:49long-term economic loop without immediate, robust external demand?
16:54Yeah.
16:55The Shanghai sell-off strongly suggests a profound lack of faith, or at least a real impatience,
17:00regarding that short- to medium-term utility fulfillment. They seem to be signaling that the
17:05waiting period is just no longer acceptable, especially given the dilution coming from the unlocks.
17:10Okay. So how do analysts actually confirm this is Shanghai-centric selling and not just,
17:15you know, the whole crypto market dipping? What are the technical tracking mechanisms?
17:20Right. Good question. This is done through really granular analysis of trading patterns.
17:24Analysts will specifically monitor the FIL price chart, looking for dramatic volume spikes that
17:29occur during peak Asian trading hours.
17:31Which typically correlate with the business day in Shanghai.
17:34Exactly. So if the price drops dramatically during those specific hours,
17:38and that drop correlates with massive net outflows, or unusually high sell-side volume,
17:44coming from exchanges known to be highly popular in mainland China and the surrounding regions,
17:49that you can pinpoint it, then analysts can confidently pinpoint where the sell-offs are
17:53concentrated. It stops being just a general global macro correction and becomes a much more localized
17:59response, likely tied to those tokenomics and maybe policy perception issues we talked about.
18:05And to provide maybe deeper context here, we should bring in that historical parallel you
18:09mentioned. This isn't the first time that swift policy or sentiment shifts in China have caused
18:14these massive, concentrated market-moving pressures globally.
18:18Absolutely not. The benchmark example, the one everyone remembers, is the 2021 Chinese
18:22government crackdown on crypto mining.
18:24Yeah, that was huge.
18:25It was immediate and brutal. Overnight, we saw the global Bitcoin hash rate plummet by nearly 50%.
18:31Millions, maybe billions of dollars worth of mining equipment had to be liquidated or rapidly
18:36relocated. Miners, primarily based in places like Sichuan and Inner Mongolia, were just forced to
18:42rapidly sell off their newly mined assets, sell their equipment, just to cover operational and
18:47relocation costs. It was chaos.
18:49And that massive, concentrated liquidation caused profound market moves globally, even though the
18:55policy itself was technically localized to China.
18:58Exactly. And the FIL sell-off, while obviously much smaller in scale, it echoes that same pattern.
19:04Swift policy changes, shifts in utility perception, or even just sudden confidence issues within large
19:09Chinese trading circles. They have a demonstrated, localized ability to trigger massive, concentrated
19:15volatility that absolutely ripples outward to the rest of the crypto world.
19:19So the challenge here isn't just about Falkwind's tech, is it?
19:22No, it's about concentrated regional retail and institutional reactions to token supply,
19:26to utility fulfillment deadlines, and of course, the always unpredictable regulatory environment in
19:31mainland China.
19:32Okay, so let's try to synthesize this a bit. What does this deep knowledge about these hyper-regional
19:39flows, you know, the XRP success in Thailand versus the FIL struggle in Shanghai, what does it really
19:44mean for you, the global learner? How do we use this divergence to make
19:49maybe better investment or analytical decisions?
19:52Well, the first and I think most crucial lesson, regardless of where you're based geographically,
19:56is about the inherent danger of regional concentration. Whether it's retail or institutional,
20:02our sources rightly highlighted the Terra Luna collapse back in 2022 as this powerful,
20:07really necessary, cautionary tale. While L&A was technically a global project, its retail base,
20:14and even its institutional base, was heavily concentrated in specific Asian markets,
20:18particularly Korea.
20:19So when the collapse started?
20:20That high concentration of similar retail investors, all subject to the same local news
20:25cycles, the same trading platform narrative, often facing the same margin calls from the same
20:29lenders, it just amplified the market volatility exponentially.
20:32It's like a risk multiplier effect.
20:34Exactly. When a large concentrated percentage of an asset's holders are all subject to the same
20:39local policies or the same synchronized event, like a big token unlock, or even just the same
20:45local media narrative, the market reaction is almost always far more violent and less predictable
20:51than if that holder base were globally diverse and subject to lots of different narratives.
20:55So you need to actively seek diversification, not just of asset class,
20:59but maybe diversification of the regional holder base within an asset.
21:02That's a really good way to put it, yes.
21:04Okay. This analysis also forces us to categorize these assets much more rigorously, doesn't it?
21:09The stark contrast between XRP's success and FIL's struggle makes this categorization pretty clear.
21:15Payment-focused assets, like XRP, seem fundamentally driven by external factors.
21:20Right. Regulatory clarity, demonstrable cost savings, verifiable remittance use cases,
21:25their successes external, really reliant on the global financial system, integrating them seamlessly
21:30or at least allowing them to operate.
21:32Whereas infrastructure and utility assets, like FIL, they seem driven by long-term internal adoption.
21:38Exactly. Their valuation is intensely tied to internal forces, specifically the health of their tokenomics,
21:46which means these big concerns over whether scheduled unlocks can actually be absorbed by genuine demand
21:52for the utility fulfillment.
21:53And if that utility just doesn't materialize on the expected timeline.
21:58Or if the economic model is maybe fundamentally front-loaded with rewards just for providing capacity,
22:03then the tokenomics themselves become an immediate liability, regardless of how good the underlying technology might actually be.
22:10Okay. And this brings us back to that concept of foreshadowing,
22:14which feels like the final big implication we need to consider.
22:17We need to revisit that idea that Asia market flows, historically, often foreshadow global adoption trends or maybe major market shifts.
22:26Absolutely. Just think about it logically.
22:28The Asia-Pacific region represents the world's largest and fastest growing financial market by many measures.
22:33So if Ripple can prove ODL utility at scale there, demonstrating real-world institutional-grade efficiency in that massive remittance market,
22:41it's not some fringe event.
22:43It's a field-tested blueprint.
22:45Exactly. It's a blueprint that will inevitably, you'd think, be adopted either by competitors or eventually acknowledged by regulatory bodies elsewhere.
22:53Conversely.
22:54Conversely, if concentrated selling pressure in Shanghai accurately highlights a deep, maybe unresolvable flaw in a utility token's incentive structure or its supply model,
23:05that skepticism will also inevitably spread.
23:08It'll reach Western investors who are often, frankly, a bit slower to react to the nitty-gritty details of tokenomics.
23:14So the immediate practical question for global traders isn't just if they should be watching regional narratives when trading altcoins,
23:21but maybe how deeply they need to be tracking things like localized trading volume pairs like XRP-THB or exchange flow data concentrated during specific Asian trading hours.
23:31It sounds like the answer is yes.
23:33It's a definitive necessity, especially for risk management.
23:36It's entirely necessary now, I'd argue.
23:39If you are only looking at XRP-USD, you are missing the signal that institutional utility demand showing up in XRP-THB.
23:47If you are only viewing Filecoin through the lens of maybe optimistic U.S. venture capital funding announcements from years ago,
23:54you are missing the real-time concentrated feedback loop from these large, active Asian trading communities.
24:00Who are reacting to fundamental economic pressures like supply unlocks and utility deficits.
24:04Exactly. Ignoring regional nuance in today's deeply connected, yet still very fragmented crypto world,
24:10it just means you're operating with a potentially dangerous information lag.
24:14This shift is really about recognizing where the real volume is, where the deep liquidity is actually established.
24:19It's moving away from maybe purely speculative Western narratives towards these utility-driven, high-volume Asian corridors,
24:27which seem to be becoming the true anchors for many crypto assets outside of Bitcoin and Ethereum.
24:33Hashtag tag outro.
24:35Wow, okay.
24:35This has been an incredibly detailed and I think really necessary deep dive today.
24:40The crucial learning point, it seems, is that understanding global crypto markets requires actively zooming into these regional nuances.
24:48You simply cannot trade or analyze the altcoin market effectively by just treating it as one single homogenous entity driven only by global headlines.
24:56Yeah, that's well put.
24:57The institutional optimism and the utility being fueled by ODL in Thailand, that's every bit as important to the global market health, it seems,
25:04as the concentrated selling pressure being driven by token utility concerns and supply shocks over in Shanghai.
25:10Definitely.
25:10And we've established that Asian market liquidity, driven by massive commerce, huge remittance volumes, is already a primary global anchor.
25:19We see that exemplified by the overwhelming dominance of stable coins like USDT in the region.
25:24And this dynamic, it leads us nicely into our final provocative thought for you to consider as you wrap up listening to this deep dive.
25:30Given the increasing evidence, the data points showing this powerful influence of Asian liquidity, and I mean real transactional liquidity,
25:38driven by financial commerce and localized utility adoption, how much longer can Western regulatory narratives,
25:45which are often focused on legacy financial systems and, you know, decades-old securities law,
25:50how much longer can they truly maintain dominance?
25:53Especially when real-world traction and major volume shifts are occurring increasingly and perhaps overwhelmingly in the Asia-Pacific region.
25:59Exactly. Is this a fundamental, maybe even irreversible, geographical shift of power in crypto adoption?
26:06It certainly demands constant attention from the global investor, I think.
26:09A truly powerful thought to wrap things up on.
26:12We definitely encourage you to continue your own exploration of these regional dynamics,
26:17maybe look into some of the specific analytical data sets we discussed today.
26:21Thank you so much for joining us for this deep dive.
26:23Thanks, everyone.
26:24We'll see you next time.
26:29We'll see you next time.
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