Bittensor >> SN4 >> targon.com The $dTAO market clearly isn't gloomy for everyone. The latest announcement from @TargonCompute (SN4), reporting over $725K in revenue over the past 30 days alongside a significant buyback & burn, is another example. Explore Targon's public revenue dashboard: Source: stats.targon.com/revenue Just look at the subnet rankings. Some continue to make progress despite challenging market conditions. I remain convinced that capital could gradually concentrate in the strongest projects: those that keep building, attract real paying customers, generate revenue, and create value for their tokens. The era of blind speculation on zombie projects should give way to an era driven by fundamentals. Of course, other subnets also show promising potential. But I'd like to see more tangible progress before considering them among the leaders. And there's plenty of room for that group to grow. In this market, my priority remains simple: preserve my $TAO capital while taking calculated risks on projects capable of demonstrating real economic value. This isn't financial advice, just my perspective on how the network is evolving. Natural selection is underway. And it's probably only just beginning.