Kaspa could be standing at an inflection point. The liquidity dynamics we're seeing now mirror what unfolded in 2020—when Bitcoin surged over 150%. Think about it: gold just hit its peak, quantitative tightening is winding down, and the macro playbook is repeating itself almost exactly.

Last time this pattern emerged, the crypto market exploded. We went from a $390 billion valuation straight to $2 trillion. That's not coincidence—it's what happens when liquidity rotates back into risk assets.

Kaspa sits in a fascinating spot right now. Layer-1 blockchains with genuine utility tend to benefit disproportionately when capital starts flowing. The setup looks compelling: you've got macro tailwinds, improving liquidity conditions, and a layer-1 that's been building without the hype cycle. If history compresses and we see even a fraction of 2020's rotation, Kaspa could find itself in serious contention for top-5 positioning. The question isn't whether it can happen—it's whether the macro environment cooperates.