The 37% Signal: America's Gray Exodus Is a Macro Bug the Fed Can't Patch
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Neutral
Market Sentiment
Independent validator client goes live on mainnet
92 million ARB released
Block reward reduced to 3.125 BTC
Improves data availability sampling efficiency
Team and early investor shares released
Circulating supply increases by about 2%
Raises validator limit and account abstraction
Block reward halving event
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