Jason Hanson (@SunlitCapital) header
Jason Hanson (@SunlitCapital) profile picture

Sunlit Capital | Investing in a world going onchain

Joined August 2024
Privacy is the next social-arbitrage trade in crypto, and it is not priced in. Rules had to exist before privacy could matter. Institutions were not going to build on a market with no map. As that uncertainty clears, privacy-after-regulation takes center stage.
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$ASTER has officially crossed 52 million users, making it the first perp DEX to hit this milestone.
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The rule that could open 401(k)s to crypto is now at the White House for final review. This would give employers a clearer legal path to invest 401(k) funds in crypto. Trillions in potential capital about to be unlocked.
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Crypto is squeezing. Next leg higher is imminent.
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BTC has deeper liquidity and institutional adoption. It gets less volatile as it matures. I believe Zcash outperforms on a percentage basis going forward. Over the last couple of months I’ve completely rotated from $BTC to $ZEC. Better money is private money.
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It’s all noise. Crypto is about to send.
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Potentially one of the largest hacks in crypto history just hit Binance, and it’s actually bullish. It shows the industry’s maturity: • Deep liquidity and reserves to make users whole • Fast tracking, tracing, and freezing of funds • Continuous exchange operations A decade ago, this would have wiped out the platform and customer funds. Today, funds are SAFU. The speed of the response is one of crypto’s clear edges over TradFi.
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Everyone is focused on $HYPE. Meanwhile $ASTER is ready to breakout. Hyperliquid broke through first and is paving the road. Aster is building the next major perp DEX narrative - 99% fee buybacks + burn, multi-chain access, and privacy as a core feature.
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Is $SUI this cycle’s Solana? $SOL ~ $60B $SUI ~ $4B Still early.
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Never sell your $BTC, unless you’re buying $ZEC with it 😉
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“The more you hear that you’re crazy early on, the better it is.” - Micky Malka
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$HOOJA 👀
told you the first million was the hardest first 1M GIPHY views: ~8 weeks next 9M: ~3 weeks Hooja just crossed 10,000,000 total GIPHY views, with 1,000,000+ yesterday alone already the face of Robinhood Chain, and the NFTs and $HOOJA haven't even launched yet 👀🏹
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It would be great to see deserving projects building on Robinhood Chain actually get listed on the main Robinhood Crypto app. $GRID has real utility, an active product, and is already live on the chain. $Ondo integration and Polymarket feed included.
16 days in, we entered the Grid. Still early. Still building.
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12 days since @ribbita2012 said the future of $TIBBIR is on Hood. Still only roughly 40% has bridged. Everyone keeps repeating the thesis. A minority are actually acting on it. Why are people still holding on Base?
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Alt season. Super bullish.
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S.I. will fuel the crypto supercycle. A world going onchain is bigger than Super Intelligence. Crypto is the software rails for the future.
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$BTC has Saylor. $ETH has Tom Lee. $ZEC has the Winklevoss brothers. $XRP has Evernorth? XRPN lists October 8. A 473 million XRP treasury.
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$ONDO just opened private markets onchain. Tokenized exposure to pre-IPO companies, starting with an AI play, trading 24/7. Ridiculously undervalued at this level if the fee switch ever flips.
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$ASTER keeps burning supply from fees. 99% of platform fees buy the token for stakers. A matching amount is burned from reserves. Another 3.1M gone. Target is 8B down to 3B. At some point this moves higher.
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