The Great Migration: Capital fleeing fractured networks.
The Great Migration: Capital fleeing fractured networks.
Network Congestion: The high price of exit.
Network Congestion: The high price of exit.
The Legal Facade: Regulatory ink ignoring digital plumbing.
The Legal Facade: Regulatory ink ignoring digital plumbing.
The Bottleneck: Perfect collateral trapped in narrow pipelines.
The Bottleneck: Perfect collateral trapped in narrow pipelines.
25", "$1", "3% to 4%". * Also stablecoin supplies: "$147.3 billion", "$93.2 billion", "$15.7 billion". * Etherscan details: "0.127 to 0.128 gwei", "$2,404". * Let's make sure the background section is comprehensive and holds all these numbers. * Let's check the transition bridges: * Section 1 -> Section 2: "Given this structural sensitivity to transaction costs, the immediate market impact of network congestion manifests as an invisible tax on retail participants." (Matches) * Section 2 -> Section 3: "If this cross-chain migration pattern continues to dictate liquidity flows, it closely mirrors historical structural failures in traditional banking systems." (Matches) * Section 3 -> Section 4: "Building on this friction matrix, the future evolution of the stablecoin landscape will likely be determined by how regulators adapt to these non-custodial bottlenecks." (Matches) * Let's write out the HTML clean and beautiful. Ensure all quotes are balanced.
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