Here's what I think is going to happen ​ Market goes through healthy retracement/correction, setting up for the next big leg up led by ETH & Defi ​ @pendle_fi , @ethena_labs, @0xfluid, @aave , and many major Defi protocols continue hitting new ATH across TVL, volume, and price action. ​ DeFAI leads in mindshare, narrative, and price action — leveraging off of rapidly growing Defi tailwinds & adoption ​ ➥ @gizatechxyz & @Almanak__ continue leading the charge, gradually rolling out new features & new use cases ​ Distribution networks/smaller agent teams are laser-focused on product, product, and product. ​ ➥ Product leads ➙ traction follows ➙ pa recovers (as seen from recent outperformance from agents on @virtuals_io & @CreatorBid (and soon @openservai) ➥ Third szn of AI agents ensue, this time with product that people can actually use (instead of conversational slopbot) ➥ Distribution networks get renewed volume and revenue, attracting the next wave of builders to build better products & launch agents again. ​ DeAI ecosystem start showcasing more real-world use cases, in traditional industries, Web2 and in Web3. ​ ➥ More Darwinian AI accelerating DeAI developments ➥ @flock_io announcing 3-4 initiatives/bullish catalysts ➥ @Gaianet_AI rolling out Samsung AI Phone ➥ @SentientAGI going live with artifacts/applications ➥ Bittensor dTAO bottoming out ​ The stage is set for DeFAI, Consumer AI, and DeAI. Q4/2025 is going to be fun.