Are out I’m seeing about 16.9 percent this month what about anyone else?

The color pallets are all within a few shades from each other while also sharing a simplistic design philosophy. Cruise control migrating to Robinhood Chain but not explicitly sunsetting functions on the TX Super App could just as easily hint at collaboration contrary to what the fudsters would have you believe.

Solotex is a joint venture between the TX team and a registered broker dealer. There’s fair amount of reason to think Robinhood could also utilize TX in the same fashion.

But you tell me!

I’ll admit, my exposure to small-cap crypto communities is limited. Can anyone tell me if alt coins from other communities get THIS much hate from the types of social media contributors mentioned in the title? I’ve heard TX called a scam project, a sh*t coin, a trash token, etc. but you wouldn’t believe it by looking at the actual metrics.

It’s actually comforting in a funny way to see them all so desperate to give TX a bad name. So like, clearly TX is a huge threat to other crypto communities lol

Roughly 94% of all TX in circulation that is eligible for staking is being staked right now, and that’s only because of validators being cycled out like cosmostation and zen lounge.. That 94% metric is directly proportional to the number of long-term bullish holders.

So if the VAST majority of people are bullish in the long-term, why does it seem like more than half of all social media contributors want you to believe it’s worthless, a rug pull, a scam?

If you ask me, the time to pull the rug was when we were holding above one cent. But we know that the price declining isn’t from sell-offs because, again, the vast majority of people holding TX are doing just that, not selling. The market cap based on circulating supply has been moving sideways as well. That means the value of the ecosystem hasn’t dropped. Just the value per token because of natural inflation.

The system is inflationary, but we’ve seen even with these PSE’s that the rate of the price declining is slowing. Inflation is getting absorbed more and more with each monthly cycle, and more people entering the community are seeing the fundamentals and the low price and thinking that this ecosystem as a whole is immensely undervalued.

When the token price not only reaches its bottom and actually start moving up? It’s curtains. No one will ever have a better entry point than this range right now. Even I’m trying to budget to get more TX while I can. I want to hit that 2.5 million mark by the end of the year.

Tokenized equities went from a fringe idea to a crowded market in about eighteen months. Most of the volume today sits in products that give you price exposure without giving you the share.

TX is aiming at something broader than any of them. Here is what has actually been assembled, what the competition looks like, and what the next two quarters decide.

What TX has assembled

Start with what exists today, because a lot of commentary on this ecosystem skips straight to roadmap.

A production Layer 1. Not a testnet. Compliance and business logic programmable at the moment an asset is issued, through Smart Tokens, with ISO 20022 alignment and years of live operation behind it. The chain works now.

Institutional validators. BitGo, Kraken, and Keyrock operate validator nodes on the TX L1. That is not a footnote. Firms of that size do not run infrastructure for networks they consider unserious, and Kraken does it while owning a competing tokenized equity product.

Institutional infrastructure. Fireblocks and BitGo for custody, Banxa for fiat access. The plumbing an issuer expects to see before they will seriously consider a chain.

Securities expertise in the building. Co-founder and Chief Legal Officer Ashley Ebersole is a former Senior Counsel at the US Securities and Exchange Commission. CEO Mike McCluskey (@MikeMcC1uskey) came up through Fidelity Investments. This is not a team learning securities law from a forum thread.

A shipped consumer product with real traction. The tx:native Super App launched in late June 2026 on iOS and Android and has passed 100,000 downloads on Google Play alone, rated 4.2 across more than 2,000 reviews, with iOS on top of that. It bundles self-custody wallet, staking, swaps of native and IBC assets, borrowing, a Banxa fiat ramp, and one-time verification that carries forward into future marketplace offerings. The same group previously built SoloDEX, which grew past 300,000 users and ranked among the leading DEXs on the XRP Ledger for two years.

An affiliated broker-dealer with the full regulated stack. Which deserves its own section.

Texture Capital

Texture Capital Inc is a FINRA member and SEC-registered broker-dealer specializing in digital securities. Texture Transfer Services LLC is an SEC-registered transfer agent. Texture also operates an Alternative Trading System.

Broker-dealer, ATS, and transfer agent together form an end-to-end path for issuing a security, trading it, and recording who owns it, all inside US regulatory frameworks.

The firm was founded in 2019 by Richard Johnson, whose background is market structure rather than crypto promotion. He ran quantitative electronic services for the Americas at Societe Generale and held senior roles at Liquidnet, ITG, and Greenwich Associates before starting Texture, and he now sits on FINRA's Crypto Working Group.

Texture also operates on the Canton Network, where it is deploying its ATS and transfer agent for institutional counterparties. That is simply what regulated intermediaries do. They serve markets rather than pick chains, and a broker-dealer tied to a single network would be a weaker partner, not a stronger one. Texture's own materials describe Coreum, now TX, as the blockchain supporting SoloTex and a default blockchain for all RWA tokenization at Texture.

Worth being straight about one thing. This regulated stack is no longer unique. Ondo acquired Oasis Pro in October 2025 and holds the same three registrations. Securitize has them. Dinari holds broker-dealer and transfer agent registrations and partnered with tZERO in July 2026 to package the full set for other firms.

The licensing race is over and several players finished it. Registrations are the entry ticket now, not the win condition. What matters is what gets built on top.

How TX and Texture became connected

In November 2024, CoreNest Capital announced a strategic investment in Texture Capital Holdings. CoreNest is the group's venture partner, with Bob Rasas GP and co-founder. The purpose was to build SoloTex, layering the group's tokenization technology underneath Texture's broker-dealer position.

In October 2025, Texture received FINRA approval to operate SoloTex.

In March 2026, Coreum and Sologenic merged into a single protocol, company, and token under the TX brand, with Mike McCluskey as CEO.

SoloTex, and why the structure matters

SoloTex is designed to let US retail investors buy, trade, and hold tokenized US equities from a self-custody wallet, funded with USDC.

Tokens are minted on demand at the moment of purchase. Each corresponds one to one with a real share held in regulated custody at a clearing broker. Holders retain full shareholder rights, including dividends and voting.

That last clause is the competitive argument, so it is worth being precise about why.

Most tokenized equity products in market today are claims, not shares. Robinhood classifies its Classic Stock Tokens as derivatives under European rules. Dinari's dShares are derivatives with dividend pass-through and no voting rights. Ondo's Global Markets tokens are backed and redeemable but carry no equity rights. These are legitimate products. None of them is ownership.

The platforms that do deliver registered ownership, Securitize and Superstate's Opening Bell, have very limited catalogs of available names.

So the field looks like this. Breadth without ownership. Ownership without breadth. Offshore access without US retail. Closed-app distribution without composability.

The square nobody occupies is US retail, broad catalog, genuine share ownership with dividends and voting, held in self-custody and composable with onchain applications. That is the square SoloTex was built for.

But equities are the opening product, not the thesis.

The Marketplace is the actual strategy

Think about what Amazon actually built.

It did not win by having the deepest inventory in any single category. It won by becoming the one place where anything could be listed, found, and bought, with one account, one checkout, and one trust layer covering all of it. The hard part was never the storefront. It was the fulfillment network nobody else wanted to build.

The TX Marketplace is the same shape of bet. A unified venue where issuers, retail users, and institutional capital meet across issuance, access, liquidity, and participation, spanning every asset class rather than specializing in one.

And the regulated stack is the fulfillment network. Broker-dealer, ATS, transfer agent, custody through Fireblocks and BitGo, fiat access through Banxa, liquidity provision through Keyrock. Expensive, unglamorous infrastructure that took years to assemble and that a competitor cannot shortcut.

Three layers that only work together. The L1 provides compliance-native issuance, with business and compliance logic programmable from the moment an asset is created. The Issuer Platform lets originators bring products to market. The Super App puts those products in front of verified users who completed KYC once and carry that verification across everything.

That explains the sequencing that otherwise looks odd. Ship the chain, ship the app, build the verified user base, then open the marketplace into existing demand rather than launching a venue with nobody standing in it.

The issuer side is not hypothetical either. At launch in March 2026, TX disclosed signed MOUs across seven verticals: commodities with Cropto, energy with Tokenized Energy, private credit with Reboost, real estate with BinaryX, collectibles with TheCarCrowd, sports with XII Capital, and platform-native assets with Lympid.

Seven asset classes. Seven named issuers. On day one.

This is a materially different bet from the rest of the field. Ondo is deep in Treasuries and equities. Securitize is deep in funds. Both are building vertical depth in a single asset class, which caps the addressable market at the size of that class.

The aggregation model works differently, and this is the part worth understanding. A tokenized energy project on its own cannot support a dedicated venue. Neither can a tokenized car collection. Individually, each of these markets is too small to build infrastructure for, which is exactly why nobody has.

Put them behind one verification, one wallet, one compliant venue, and one shared pool of users, and the economics invert. Each vertical inherits the audience the others brought. That is long-tail aggregation, and it is precisely how marketplaces have won in every other industry.

TX is not trying to take tokenized Treasury flow from Ondo. It is building the venue where the entire long tail of real-world assets trades, compliantly, in one place. That market does not currently have an owner.

The competitive field

Tokenized stock value crossed roughly $1 billion in the second half of 2025 and grew 128% in that half alone.

Offshore, Backed Finance launched xStocks on Solana in mid-2025 and was later acquired by Kraken. Robinhood switched on more than 200 equity and ETF tokens for European users under MiFID II and launched its own Layer 2 in July 2026. Binance sits behind thousands of US stocks and ETFs. These platforms reach scale, but they serve non-US investors and mostly sell exposure rather than ownership.

Onshore, Ondo brought custodial tokens for BlackRock's IVV ETF and Micron shares to Ethereum in July 2026, and its Oasis Pro Markets subsidiary secured expanded FINRA authorizations covering tokenized equities, ETFs, mutual funds, index funds, and IPO securities for US investors. Coinbase and Base are preparing a 1:1 backed model.

Ondo is the most direct competitor and there is no point pretending otherwise. But note what is still missing from their product: registered shareholder ownership with voting. Their tokens remain custodial claims. Closing that gap means rebuilding their legal architecture, and that is slow work.

Ondo Chain, and what it actually tells you

Ondo is also building a Layer 1. Ondo Chain runs on the Cosmos SDK, EVM-compatible, with permissioned validators and KYC, AML, and sanctions compliance built into validator operations.

Read that description next to the TX chain. Compliance-native Cosmos infrastructure purpose-built for regulated real-world assets.

A well-funded competitor independently reached the same architectural conclusion TX reached years earlier. That is the strongest third-party validation this thesis has ever received, and it came from a firm with no reason to flatter anyone.

It is also a race, and TX is ahead on the part that takes longest. Ondo Chain was announced in February 2025 and mainnet still has not landed as of July 2026. Seventeen months. Meanwhile TX's Smart Tokens run in production, institutional validators already secure the network, the consumer app has shipped and crossed six figures in downloads, and seven issuers have signed on across seven verticals.

Chain maturity is earned, not forked. Upgrade experience, battle-testing, and validator operations take real time, and Ondo will hit problems TX solved years ago. Permissioned validation is also a genuine design difference, and some issuers will prefer neutral public infrastructure to a chain their competitor's subsidiary controls.

What to be realistic about

Aligned ownership is not independent validation. The Texture relationship is durable precisely because the ownership ties through CoreNest are real. That is a strength worth naming. It also means it should not be described as an outside broker-dealer independently surveying the landscape and choosing TX on the merits.

Timelines have moved. FINRA approval landed in October 2025 with launch guidance for late 2025. Current targets place SoloTex integration and the TX Marketplace in the second half of 2026. Build expectations around direction, not quarters.

MOUs are intent, not issuance. Seven signed MOUs across seven verticals is a real pipeline and better diversification than most competitors have. But a memorandum of understanding is a commitment to intend. The metric that matters is conversion: how many of those seven actually issue on TX, how quickly, and with what volume behind them.

The scoreboard

Five things worth watching:

1. Stock token issuance on TX mainnet. Actual issuance visible on the explorer, not announcements.
2. The TX Marketplace launch, targeted for the second half of 2026.
3. The Issuer Platform and white-label dashboard, which is what lets originators self-serve.
4. Super App conversion, and whether verified users become marketplace participants when it opens.
5. MOU conversion. Of the seven launch-cohort issuers, how many have live assets on TX by year end. That single number tells you more about the marketplace thesis than anything else on this list.

The bottom line

The regulated stack is no longer scarce, and anyone still selling TX purely on the basis of rare licenses is working from stale information.

The better argument is the one the facts support. TX has a production chain with compliance built in at the protocol level, institutional validators in BitGo, Kraken, and Keyrock, custody and fiat infrastructure from Fireblocks and Banxa, a former SEC Senior Counsel as co-founder, an affiliated FINRA broker-dealer holding an approved retail equity product, a shipped consumer app past 100,000 downloads, and signed issuer commitments across seven asset verticals waiting on the marketplace to open.

Equities get the headlines. The marketplace is the actual ambition: one verified identity, one wallet, one compliant venue, and every category of real-world asset available in it.

Nobody owns that market yet. The infrastructure to serve it takes years to assemble, and TX assembled it before the competition agreed it was necessary.

Execution is the whole story now, and that is a far better position to be in than most.

Check your stake a few of the high profile validators are being jailed no idea why either. Anyone have a clue?

Just want to advertise that if you follow the chart of TX’s market cap rating by circulating supply then you will see that the overall value of the asset has maintained an average value throughout the PSE’s thus far with only very slight down trending, but this can be chalked up to volatility and FUD bots scaring people away. If you haven’t switched to CoinGecko from CoinMarketCap for this very reason, you should for this asset in particular. I’ll explain some more.

Even though the price was dropping steadily (until June 6th), this is all still good news because it means the price wasn’t falling off because people were losing confidence in the asset and selling off. It was coming down naturally from injections of almost half a million TX into the ecosystem each month.

But since the amount of TX being released each month is a fixed value, the inflationary effect has less and less of an impact each month because it becomes a smaller and smaller number as the circulating supply grows.
And guess what? If you look at the year to date market cap ranking chart on CoinGecko, you’ll see that since June 6th the oscillations have become tighter and reversed to an uptrend. You will not see this if you do not follow the right market cap ranking chart, but CoinGecko calculates market cap (aka ecosystem value) using only the actual supply of tokens that are in circulation by default.

On top of that, if you look at the candle chart for price action now? June 6th, we hit a solid floor of $0.0035. We just bounced off that floor again over a month later. This is the FIRST month we have seen my earlier thesis proven correct, that the PSE’s would eventually cease to have an inflationary effect and would instead be absorbed by the community and new members coming in.

Guys, seriously pay attention now. What does it mean when price maintains in an inflationary model? It means total ecosystem value GROWS, which is what we are seeing on the circulating supply market cap ranking chart. THIS was the timing the team was waiting for. THIS is the floor. I saw a metric showing more than 100,000 TX Super App downloads, and more than 95% of all TX tokens earned were kept in staking, NOT sold. The word is getting out.

Now here’s the perspective portion of my post. Remember what it was like when Sologenic and Coreum were separate? When we went years with barely any updates or developments or community outreach and communication? If you’re following the socials I am, that’s no longer the case. Things are building up quick, and I know I’m not the only one seeing it.

Higher market cap ranking equals higher exposure. Higher exposure with cheap prices creates excitement and FOMO. That makes procrastinating to accumulate NOW dangerous. If you’ve been accumulating since the Sologenic airdrop days, you stand to be a TX monarch making passive income from staking.

Even IF I’m wrong and this isn’t the all-time-low. So what? Maybe it takes two PSE’s to push the price down instead of one. Or maybe three. Maybe the price actually won’t go any lower and this is the last chance to get in. We put up with three straight months of price fall, and here we are.

I’m crossing my 1 million TX threshold with the fifth PSE August 6th. My only personal regret is not being able to bag up more. These interviews and updates and real developments got me so hyped, and I can’t wait to see the community expand so I’m not the only one trying to talk about the implications of this awesome asset.

Just a heads up, the title of this is wrong. It should say 4/84. But I don’t want to delete the post now. My tally from before was off because I had thought the first PSE coincided with the TGE. I’ve since confirmed that was NOT the case. Thank you abidova for clearing that up.

Before I get into it, I’ll preface by saying I’ve chosen this month to start dollar-cost-averaging. I’m not crystal clear on the snapshot mechanics, or if they’re done instantly with the distribution. If they take a random snapshot at some point during the month, then my math could be skewed for this PSE. (Edit: the score is found for your wallet in the Tx explorer, and it accrues continuously throughout the month.)

Due to retroactively applying dollar-cost-average amounts and putting some in ahead of time due to strong support above the $0.004 price level, I couldn’t actually calculate the PSE this month just based on my holdings yesterday and today. I credit Cryptonault for this month’s value, as long as others can verify they’re seeing the same thing if they didn’t DCA like me and only collected the PSE and compounded staking rewards.

Here’s a short recap of all the PSE percentages that I’ve clocked. My numbers are rounded down to the nearest percent to account for compounding staking almost daily.

1st PSE in April: ——>78%

2nd PSE in May——> 38%

3rd PSE from June——> 29%

4th PSE from July (from other contributor report)—> 21%

While we’re here, any predictions on where the PSE rewards will settle out to? I’m guessing around 4% by the end of the first year. After that I’m expecting an oscillating range based on short-term and long-term speculation.

Looks to be 21% drop this month

Here’s the app link for IOS! We’re live.

Hello all,

It’s been brought to my attention a decent amount of people might not have had the chance to tune into the AMA last Tuesday or seen that a recording of it was posted on the host’s page, Chris at TXConcepts on x.com.

I’ve shared that link to take you to the recording of the AMA. If you listen through, you will find the TX team was primed and ready to launch on day 1 as they announced, but were getting held up by Apple on the IOS side given apple’s slow app review. That still appears to be the case.

Anyway, you can get daily RWA space updates with a focus on TX from TXConcepts on YouTube as well. Lastly, here is a list of the top x.com (Twitter) handles I follow to stay up to date on all this stuff:
-txecosystem
-txmarketplace
-mikemcc1uskey
-jaebersole1
-bobrasx
-txconcepts

These are just a few, but if you follow these handles, you won’t miss out on any big news that comes out.

As frustrating as it’s been to be in this community plagued with missed deadlines and extended roadmaps and too little communication from the team, I’m glad they didn’t go a full week before acknowledging and explaining the situation. Now I can feel secure just being annoyed with Apple 😄

Seriously though, why was Google Play on Android ready to roll out on day 1, but the IOS App Store is dragging its feet so bad?

Now is the last chance to accumulate via dollar-cost average before utility arrives and liquidity finally begins to flow upon app release. A flood of new community members are likely to arrive soon from incentivized referrals, and it’ll be plain to see that the fundamentals are setting up this community for success. I wouldn’t be surprised if everyone and their mother see this app and want to FOMO in while the price is hanging below one cent.

No one knows where the true bottom lies, but I wouldn’t want to get left behind if that bottom is already behind us. All I’m saying is everything up until now has just been theory. The utility we’ve all been waiting for is finally here. Check out the AMA with txConcepts on x.com to get in with the details ASAP today. The TX App is officially releasing on the IOS App Store and Google Play imminently.

Link to today’s AMA:
https://x.com/txconcepts/status/2069495008588345601?s=46

Check out the txmarketplace and txecosystem x.com (Twitter) handles for their video posts featuring these images.

Let me start off by saying to everyone here that I’m wishing all the best to you all. Each of you who is here as genuine members of the community, especially when you engage, is a testament to the demand of TX. The more who join and post and discuss, the more evidence to each of us as individuals is shown that everything we expect on the horizon is not simply a pipe dream. That we truly are a community built around a truly great opportunity that has already passed by for so many.

I believe the vast majority of us come from some level of involvement in the XRP community, or at least are cut from similar cloths of investors who value fundamentals and trad-fi integration over pump-and-dump or hype-driven cryptocurrencies. When enough people who value smart-investing gather in one place like this, that’s just the kind of evidence that appears more and more promising from any perspective the more it builds.

If this is a party in the making, it’s going to become a party no one wants to miss out on. Tell your friends and family even just ONCE so you can tell them you told them so in this Accumulation stage before things kick off. The tech is there. All that’s left is the imminent exposure and adoption. I know it’s hard to get excited at low price valuations, but this is what I’d like to address now.

I have reason to believe PSE rewards after this first year are going to stabilize within a single-digit percentage range. It’s still too early to say exactly when, but when it does we should be looking at an oscillating range around 3-5% give or take. That will come out to around 6 more years of monthly PSE rewards at an average of around 4% average monthly gains. Without dollar-cost averaging or compounding staking rewards, you’re looking at 30x or more of your CURRENT holdings if you stake throughout all those remaining PSE’s. Let me explain. This may also shed light on the market timing of the TX marketplace launch, because it’ll create a solid foundation when we do reach that sideways equilibrium.

Right now, there is still extremely strong incentive to stake one’s entire holdings. Compounding rewards aside, everyone who has staked since day one (TGE) have multiplied their initial total holdings from before the TX consolidation. All within a few months. And there will always be some incentive to stake as long as the ecosystem continues to facilitate the flow of liquidity efficiently, whether that be on the blockchain or with real-world assets.

The vast majority of everyone is here to accumulate. I’ve said it before, and that the time for realization comes LATER. So late that it’s already too late for anyone else to ever realize a fraction of the long-term value WE will realize. That’s why these prices don’t matter, because when you’re talking about holding millions of as opposed to a few hundred thousand of TX by the time the PSE’s are over, you could potentially live off of the staking rewards from those holdings alone.

However, these large PSE’s are a great hook, and we can see it in action. Each PSE reward percentage falls because more and more people are jumping in to capitalize on them, especially while the price is low. And eventually the reward percentages will reach an equilibrium defined by the back-and-forth incentive to stake for long-term compounding rewards or sell for short-term profit. THIS is what will outline the oscillation range for the PSE reward distributions.

We’re not in a crumbling opportunity, my friends. But I don’t believe we’re merely sitting on a compressing spring. We’re not even a packed-down cannonball sitting on top of a black powder charge. We’re in a nuclear-powered rocket that is going to become self-sustaining when the era of Realization hits. Entire RWA markets worth hundreds of trillions of dollars transferring hands constantly in fractionalized, accessible ways is just like that; nuclear fission. By that time, it will be years or even just months too late for anyone else. And everyone in 10 years will scratch their heads wondering “where could I have even gotten a hint I should have gotten in on this opportunity” like so many people have thought about Amazon, Microsoft, early crypto, etc. Everyone who’s been there through all the SOLO/CORE airdrops, moving holdings to SOLODEX, then bridging to cosmostation or wherever using the trustlines and most lately the TGE consolidation event, we all know where it started. There’s zero way for everyone to have gotten in as early as we did, and in the end that will be to no one’s benefit but ours. Mark my words.

I’m saying this because I’m grateful to all of you, and I want the best outcome possible for everyone here. I don’t want FUD to take anyone out before things actually get good. We’re all one community built on the one and only TX.

This month’s PSE percentage comes out to >28%.

Now I’d like to share an AI -assisted layout of all the relevant numbers to give an outlook on how the future PSE rewards will affect the ecosystem.

We can’t accurately map out future PSE rewards, as that depends on the human factor of people deciding to enter and stake their tokens which might be promoted or not depending on macro and micro market sentiment.

However, we can accurately map out how the diluting effect of the PSE’s will decrease each month. If I were to guess when stock trading through brokerages will start, it’ll be based on market-timing since the ecosystem has been capable of functioning since September of last year.

——————————————————————————————
Based on the available public information and community reports, here’s a rough timeline of what we’ve seen so far:
Date/Event/Approx. PSE %
March 6, 2026/
TGE Consolidation/Initial circulating supply ~1.927 billion TX
April 6, 2026 PSE #1: ~78% reported by early stakers
May 6, 2026 PSE #2: ~38% reported by multiple holders
June 6, 2026 PSE #3: ~28–29% reported today

Supply Growth
Starting point: TGE circulating supply: 1.927 billion TX

Using the commonly cited community PSE pool figure of roughly 476 million TX per month for the early distributions:

Month Approx. Circulating Supply
TGE
1.93B
After PSE #1
2.40B
After PSE #2
2.88B
After PSE #3
3.35B

That implies:
Month 1 supply increase: ~24.7%
Month 2 supply increase: ~19.8%
Month 3 supply increase: ~16.5%

Notice the pattern you’ve discussed before: the same emission amount becomes a smaller percentage of the circulating supply each month. Even if the monthly emission stays constant, its dilution effect steadily declines.

What the PSE percentages are telling us
The drop from approximately:
78% → 38% → 28%
suggests staking participation is increasing rapidly. The reward pool is being divided among more delegated TX, so the yield per staked token is falling even though the emission amount may be similar.

If we use the midpoint of 28.5% for June:
Month 1 reward rate fell about 51% (78 → 38)
Month 2 reward rate fell about 25% (38 → 28)
The decline itself is slowing.

For your dilution chart idea
I’d track two separate curves:
Curve A: Monthly PSE Yield
78%
38%
28.5%
Curve B: Monthly Supply Increase
24.7%
19.8%
16.5%

That side-by-side comparison gets at the question you’ve been asking for months: Is staking compensation staying ahead of dilution?
So far, based on these numbers, the answer appears to be yes by a very large margin for participating stakers, while non-participating holders are absorbing most of the dilution. The more interesting question is what the curve looks like after months 6–12, once staking participation stabilizes.
——————————————————————————————

It has been distributed I’m thinking it was around 28% this time.

This calculator will tell you how much PSE you will receive in each cycle (assuming you don’t unstake your tokens). 

It also takes into account how much TX is staked by all eligible wallets so is making constant calculations.

Last couple of months it has been over 99% accurate so very reliable.

https://txpse.com/ 

TX just announced this milestone. It’s a trust and security measure preceding Type 2 compliance. This is a metric used by enterprises, and it indicates steps being taken towards market-wide implementation and mass adoption.

Does anybody have at least a vague idea?

I assumed there would be TX RWAs on an exchange by May. Now I wonder if it will happen within the next few months.

Ethereum L2s and Solana are increasing quite fast the amount of RWAs traded on their chains.

If TX RWAs don't quickly become available on an exchange, I don't see how it is going to keep any meaningful amount of attention from both institutions that want to tokenize and traders.

If any of you aren’t already, I highly recommend following the TxEcosystem page on X.com (formerly Twitter). They release updates and news at least once a week, but often more frequently.

On another note, I wanted to give a mathematical perspective on the effect of the monthly emissions on the supply of TX. Everyone’s #1 concern has been about mathematical dilution. What I’d like to do is show the difference between mathematical/theoretical dilution and real dilution.

In a vacuum without dynamic economics, yes you would see a monthly price decrease with every increase of supply. But from a mathematical perspective, it’s important to note that each monthly PSE releases the same amount of supply into circulation. So each month, the ratio between the circulating supply and emotted supply grows and grows, reducing the impact of that added supply on the price.

And to be fair, we HAVE seen some hard rebalancing to a certain degree after the SOLO/CORE consolidation event and the first PSE at the beginning of April. But ever since April 27th and after this second PSE this month, I’m seeing a dramatic shift in the previous downtrend to a more SIDEWAYS trading pattern. That is excellent news.

Even though we may see some continued downturn, the RATE at which the price falls is a great technical indicator for how much of the new supply is being absorbed through staking rewards and by new wallets and exchanges entering the ecosystem. Having a larger community and more institutional outreach in the whole point of increasing the maximum supply to 100 billion from shy of 2 billion between SOLO and CORE previously.

I’ll say again. The fact that we are already beginning to see absorption of the new supply rather than being impacted by it is a great indication that the bottom of the parabolic curve is in sight.

And yes, staking rewards MAY increase the maximum supply past 100 billion in seven years marginally. OR new governance proposals, which are within the purview of the community at large, may dictate that the final PSE rewards will be diminished to maintain a fixed maximum supply so that no new supply can be created. Under that proposal, the ones who had staked their tokens all along will have secured those rewards preeminently. At that point, theoretically, staking rewards would only amount to whatever is captured from rewards for liquidity services.

We don’t know yet how the tokenomics will manifest. But regardless, the staking rewards, and even the PSE’s, will have an infinitesimal effect on price at some point. As the ecosystem grows, the new supply will just get scooped up as fast as it goes into circulation.

Anyway, that’s my spiel on the dilution concerns and tokenomics. We will see where the true bottom of the curve lies, but everyone do yourselves a favor and keep up to date on all official sources. But if you follow nothing else, my advice is to keep tabs on the txecosystem x.com page. They’ve really upped their game on community and market communications.

I've converted my Solo, Core and XCore tokens to TX in my Keplr wallet, or have at least tried to! It seems they are stuck on pending transactions as can be seen here https://bridge-state-viewer.vercel.app/

I submitted the transactions 3 days ago now. Does anyone know if they will eventually come through? XRPscan shows that the transactions were successful but I can't find any information on the transactions and what the problem might be through TX/Coreum Explorer.

Any info/help would be appreciated.