Just a Backpack$12.8K-22%

people are noticing. hmmmmm. Stonk fun securities are literally funneled through Backpack as a company. In the same way that Radium is the LP's for this and volume runs through RAY, securities are issued through Backpack in return driving value to $BP via proxy. As of now, there is not a DIRECT path of value accrual from this to the $BP token, but I have a feeling something will be baked in later. Over $7.8 BILLION dollars of volume in RWA pairs have been traded since inception. A huge portion of that has been via Stonkfun (I'd say roughly 40% if not more - absolute guess btw) It only makes sense that $BP goes higher as it is more than just a Wallet/Exchange at this point. $BP higher<>Just a backpack higher. Super simple barbell and easy to connect the dots once you see these factors in play. Seems like majority of market participants don't know that Backpack is the main security issuer. IMO Over the next month this narrative will take lead. Few.