#WhenWillBTCRebound When people talk about adoption, I usually pause.

User counts are easy to inflate.

They rarely explain durability.

For Vanar, I look at measurable signals tied to usage, not speculation.

One is transaction density per application, not raw wallet numbers.

If games and entertainment apps generate repeated, predictable on-chain actions, that matters.

Another is revenue-linked activity.

Brand campaigns paying on-chain fees.

In-game actions that require VANRY for settlement.

Not incentives.

Actual operating costs.

I also track developer retention.

Not hackathon signups.

But how many teams ship updates six or twelve months later.

Finally, I care about off-chain to on-chain conversion rates.

How many users enter through Web2 flows and continue using wallets without friction.

That transition is where most “real-world” stories fail.