📊 DIs Climb with Economic Data Strength and External Pressure

Market pricing resilience of Brazilian retail and lower space for interest cuts in the USA

The rates of Interfinancial Deposits (DIs) closed on Thursday light high, reflecting a set of signs that reinforce the narrative of high interest for longer, both in Brazil and abroad.

Second Fabricio de Castro, by Reuters, the movement was supported mainly by brazilian retail data above expectations and by stronger numbers of the US labor market, which boosted the incomes of Treasures and pushed the local curve.

🔎 What happened in the Brazilian market

According to IBGE, retail sales grew 1.0% in November before October and 1.3% in the annual comparison, overcoming market projections with ease. These numbers reinforced the reading of an economy still heated, reducing bets on aggressive Selic cuts in the short term.

In this context:

  • THE DI Jan/2028 closed 13,075%, high 3 basis points
  • THE DI Jan/2035 has ended the 13,58%, with advance of 2 basis points

During the pitch, the fees were even renewed, reflecting fine adjustment of positions and search for protection.

🏛️ Central bank on radar, but no direct impact

Before the opening of the market, the Central Bank announced the extrajudicial liquidation of Reag Trust DTVM, manager linked to the fraud of the Master Bank. As highlighted by professionals heard by Reuters, despite remaining on the radar, the episode had no relevant impact on asset pricing.

Outside, the applications for unemployment aid in the United States Surprised down, falling to 198 thousand., well below expectations. According to data from the US Department of Labor, this reduced the chances of interest cuts by the Federal Reserve in the short term.

As a reflection:

  • THE 2-year Treasure went up to 3,562%
  • THE 10-year-old Treasure advanced to 4,156%

💼 Treasury and hedge auction on the interest curve

Another factor cited by operators, according to Reuters, was: Prefixed securities auction of the National Treasury, which increased demand for hedge in the DIs market — typical movement on days of higher offer of public roles.

🌍 Geopolitics adds noise to the scenario

In the background, investors also monitored global geopolitical tensions. In an exclusive interview with Reuters, the president of the United States, Donald Trump, claimed to have no plans to remove the Chair from the Fed, Jerome Powell, despite ongoing investigations, while raising the tone towards Ukraine and Iran.

🧠 SOP Reading

The sign is clear: the market is sensitive to any data indicating economic resilience. While inflation and activity do not yield consistently, the interest curve continues to adjust premiums — not by panic, but by macroeconomic realism.

📌 In 2026, it is not political noise that moves the market, but data, flow and monetary discipline.

Discovering the Asian Invasion in the Brazilian Retail

The text discusses the failure of the Brazilian government to protect local retail through taxation, highlighting the success of Asian giants such as Shopee and TikTok Shop, which stand out for logistics efficiency. The analysis indicates that the consumer values performance rather than nationality. The future of Brazilian e-commerce depends on agility and innovation.

Discovering the Asian Invasion in the Brazilian Retail

Bitcoin, Stablecoin and Dirty Money Wash

The International Monetary Fund (IMF) warns against risks to financial stability and liquidity associated with stablecoins, especially if there are no adequate regulatory structures to mitigate the market and liquidity potential of these assets. An IMF study concluded the risks associated with stablecoins being more pronounced in the absence of laws, regulations, supervision and [...]

Bitcoin, Stablecoin and Dirty Money Wash

Ethereum in 2026: The Dawn of a New Institutional Financial System

After a decade of development and adoption, the Ethereum consolidated itself as the infrastructure of blockchain safer and more reliable, preparing the scenario for a global transformation in 2026. The convergence of technological innovations, regulatory clarity and boom of digital assets is positioning Ethereum as the default place to do business in the new global financial scenario.

1. Tokenization: The Digital Active Revolution

Tokenization is the digitisation of traditional assets (such as shares, securities and real estate), transforming them into programmable and globally interoperable assets. Just as the internet revolutionized the information, tokenization is updating entire business processes, allowing value to move at internet speed.

In 2026, the "experimentation" phase of tokenization came to an end, giving way to the "implementation" phase. Large financial institutions are choosing Ethereum as the main home for tokenized assets due to its neutrality and security. Notable examples include:

  • JPMorgan: He launched his money market fund directly into Ethereum.
  • BlackRock (BUIDL): He led the wave of institutional tokenization with his tokenized money market fund.
  • Fidelity, Amundi, BNY Mellon and Baillie Gifford: They deployed several funds and bonds directly on Ethereum.

The forecasts for 2026 point to a growth of 5 x, raising the total value of tokenised assets in blockchain to close to US$ 100 billion, with the vast majority residing in the Ethereum ecosystem.

2. Stablecoins and Institutional Adoption: The Base for Digital Money

As stablecoins (stable coins) are the clearest manifestation of product adequacy to the market for tokenization, acting as a "software update" for money. With transfer volumes exceeding US$ 10 trillion in 2025, they represent the digitization of the US dollar, combining the stability of the fiduciary currency with the speed and programmability of the internet.

Regulation has been a key factor. The approval of GENIUS Act (also known as the Stablecoins Act) in the United States in 2025 provided a clear regulatory structure, giving the green light to that players institutions to implement their own stablecoins in blockchains public.

The Ethereum already dominates this space, hosting about 60% of all stablecoins In their nets. Institutions such as SoFi, the first national bank to issue a stablecoin (SoFiUSD) in one blockchain public, they chose Ethereum. The US government sees the stablecoins as a national priority to extend the dollar domain.

The market limit for stablecoins grow 5 x in 2026, reaching US$ 1.5 trillionWith Ethereum ahead.

3. The Strategic Importance of Layer 2 Networks (L2)

scalability and personalization are crucial to the global financial market. Ethereum is designed for maximum security, but also for maximum customization through its "Layer 2" (L2) networks, which are blockchains built on the Ethereum.

L2s allow institutions to create their own custom environments in blockchain (as companies have their own websites on the Internet), inheriting the security and overall liquidity of Ethereum. This architecture is no longer theoretical; it is already in production:

  • Coinbase: He built his blockchain like an L2 of Ethereum.
  • Robinhood: You're building your own L2 chain for tokenized assets.
  • JPMorgan and Deutsche Bank: They are using Ethereum L2s, such as Linea, for settlement and networks blockchain Permitted.

For the institutions, the L2s offer the best of both worlds: the safety of a blockchain descentralizado e a capacidade de manter margens de lucro elevadas com a operação da própria L2, destravando novas fontes de receita. A L2 é, portanto, o modelo de negócios ideal no espaço blockchain.

Em suma, o ano de 2026 é visto como o “momento Internet” para o sistema financeiro global. Com o aumento da tokenização e das stablecoins, e a ascensão do ETH como um ativo de tesouraria institucional, o preço do ETH é projetado para crescer 5 x, atingindo US$ 15 mil, consolidando o Ethereum como o melhor lugar para fazer negócios.

EU + Mercosur: The Geopolitical Reset That Can Redraw the Game of Brazil in 2026

Strategy, Power and Anticipation

We are facing a historical inflection point.
In 9 January 2026, after 26 years of impasses, the European Union politically approved the agreement with Mercosur. It's not just a trade treaty. — It's a Global strategic movement.

What is born here is the largest free trade zone on the planet, connecting over 700 million consumers In an increasingly fragmented, protectionist and unstable world.

In global chess, those who anticipate... win.

🌍 The Awakening of a Commercial Giant

After decades of negotiations by internal interests and political vetoes, the EU has decided to act.
The Mercosur deal comes as direct response at two global shocks:

  • U.S. isolationism
  • Silent expansion of Chinese influence

Europe realized that standing still meant losing relevance. Mercosur, in turn, is no longer just a supplier of commodities and is now part of a global strategic axis.

⚙️ The Puss of the Cat: Intelligent Ratification

Here's the detail that changes everything — and many people do not know:

The deal was divided into columns.

👉 O commercial pillar may enter into force on a provisional basis, sufficient:

  • European Parliament approval
  • Approval of only one Mercosur congress (such as Brazil)

🔎 == sync, corrected by elderman ==
Rates may fall without waiting for the 27 European parliaments.
This neutralizes historical blocks (such as France) and anticipates gains.

Time in this game is a competitive advantage.

📊 Who Wins, Who Suffers and Who Needs to Evolve

Sector Strategic Impact Hidden Risk Brazilian Agribusiness 🚀 Extremely positive Total EUDR adjustment (zero clearance) Traditional Industry (BR) ⚠️ Competitive pressure Low productivity and little innovation European industry 📈 Market expansion Chinese competition already consolidated Public Services & Shopping 🌐 New border Maximum compliance and governance requirement

🔑 Key message:
The Agreement award efficiency and Pune structural delay.

🌐 Pure Geopolitics: Trump, China and Relevance Race

The 2026 timing is no coincidence.

The Trump Effect.

The aggressive US policy, with tariffs and coercion even against allies, forced the EU to seek more predictable partnerships.

The Shadow of China

China already dominates much of South American trade.
For Europe, this agreement is Last chance. not to lose strategic access to:

  • Critical minerals
  • Green energy
  • Future productive chains

This is not a trade agreement.
It's a geopolitical survival movement.

🧭 SP Guide: How to Position Now

Whoever waits for the deal is wasting time. The preparation begins before.

🔍 1. Total Traceability

No proven zero deforestation, there is no access to the European market.
Technology and compliance are no longer cost and have seen entry ticket.

🏗️ 2. SMEs in the Game

The agreement simplifies customs procedures.
Small enterprises can export — provided they are professional.

💰 3. Armored Prices Policy

The EU will be able to investigate priced products 5% below the local market.
Dumping became a real risk.

Next Step: The Clock is Running

  • Formal signature: still this semester
  • Vote in Parliament European: next
  • For Brazil:
    👉 Quick approval in Congress = early advantage

Whoever gets there first takes up space.
Then... there's nothing left to fight for but margins.

🧠 S

The EU–Mercosur agreement marks the End of wait and start of economic natural selection.

  • Efficient countries progress
  • Prepared sectors thrive
  • Anyone who ignores compliance, technology and strategy... is left behind.

In a fragmented world, Strong blocks win.
And whoever understands the game first builds leverage first.

🦁 The Great Reset of 2026

Entre o Choque de Tarifas de Trump e a Metamorfose Institucional do Ethereum

Sit down.
Se você está no mercado há tempo suficiente — atravessando a bolha das pontocom, o colapso de 2008 e o nascimento silencioso do bloco gênese do Bitcoin — você aprende uma verdade fundamental:

O mercado não é um gráfico. É um organismo vivo.
Ele reage ao medo, à escassez, ao poder… e à tecnologia.

Hoje, 10 January 2026, estamos exatamente no epicentro de uma tempestade perfeita. A macroeconomia tradicional e a vanguarda tecnológica não estão apenas se tocando — estão colidindo.

O que está em jogo não é o preço de hoje.
É a arquitetura financeira da próxima década.

🌍 1. O Terremoto Macro: Empregos, Tarifas e o “Efeito Trump”

O mercado global prende a respiração. Dois pilares sustentam a volatilidade que sentimos agora:

📊 Dados de Emprego nos EUA

No velho jogo do “quem pisca primeiro”, o Federal Reserve observa obsessivamente o mercado de trabalho.
Emprego forte demais = juros mais altos.
Juros mais altos = dólar forte.
Dólar forte = drenagem de liquidez dos ativos de risco.

Não é ideologia. É mecânica.

⚖️ A Legalidade das Tarifas de Trump

Aqui está o verdadeiro cisne da semana — seja ele negro ou branco.

Se as tarifas forem validadas:

  • O protecionismo volta ao centro do tabuleiro
  • A inflação importada reaparece
  • O capital foge de sistemas manipuláveis

E procura ativos escassos, neutros e incorruptíveis.

👉 Sim, estamos falando de Bitcoin.

🧠 Insight SOP

Não olhe para o preço. Olhe para a liquidez.
Quando governos brigam, o capital não debate — ele foge.
E foge para onde o código é a lei.

⚙️ 2. Hemi Network: Onde o Músculo do Bitcoin encontra o Cérebro do Ethereum

Durante anos, o debate foi simples (e limitado):

  • Bitcoin = reserva de valor
  • Ethereum = infraestrutura programável

In 2026, essa barreira caiu.

A Hemi Network surge como o elo perdido.

Sua proposta é ousada e tecnicamente elegante:

  • Bitcoin Security
  • Ethereum programmability

Tudo isso unido pela Hemi Virtual Machine (hVM).

The result?
A descentralização deixa de ser promessa e vira arquitetura funcional.

🧱 Por que isso importa?

Porque o Hemi resolve o trilema da escalabilidade sem sacrificar custódia.

Se o Bitcoin é o ouro,
o Hemi é o sistema de transporte blindado, programável e global que o ouro nunca teve.

🦁 Frase SOP para guardar:

“A segurança não é mais um silo; é uma camada compartilhada.
Quem entende o Hemi hoje, entende a Web3 de 2027.”

🔷 3. Ethereum 2026: Os 4 Pontos de Virada Essenciais

O Ethereum deixou de ser o “computador mundial experimental”.

Hoje, ele funciona como o Standard & Poor’s da economia digital.

Análises recentes — incluindo leituras institucionais da CoinEx — apontam quatro pilares que redefinem o ETH em 2026:

1️⃣ Maturidade Tecnológica

As Layer 2 não são mais promessas.
São cidades digitais vivas, com usuários reais.

O custo de transação?
👉 Invisível para o usuário final.

2️⃣ Institucionalização Massiva

Após o sucesso dos ETFs em 2025:

  • O capital especulativo saiu
  • Entrou o capital paciente

Fundos soberanos, fundações, previdências.
O Ethereum entrou no planejamento de longo prazo.

3️⃣ Deflação Estrutural

A queima de taxas alcançou um ponto crítico.

Em determinados períodos, o ETH:

  • Emite menos que o Bitcoin
  • Torna-se estruturalmente escasso

Escassez não por narrativa.
Escassez por design.

4️⃣ A Ponte com o TradFi

A tokenização de ativos do mundo real (RWA) já não é teoria:

  • Imóveis
  • Títulos
  • Ações

Tudo isso está sendo ancorado na rede Ethereum.

O TradFi não está lutando contra o blockchain.
Está sendo absorvido por ele.

🧭 Reflexão Final para o Investidor Estratégico

Estamos deixando para trás a era da:

“especulação desenfreada”

E entrando definitivamente na era da:

“utilidade institucional”

Enquanto Washington tenta conter marés com tribunais e tarifas,
a tecnologia blockchain não discute — ela constrói um novo oceano.

🦁 Com a SOP, a leitura é clara:

  • O velho sistema reage
  • O novo sistema estrutura
  • Quem entende a transição, não corre atrás do preço — se posiciona antes

O Grande Reset de 2026 não é um evento.
It's a processo silencioso, irreversível…
e já em andamento.

SOP, Solana and 2026: Surfing the Tsunami without being swallowed by Volatility

The stage is set.
Infrastructure's alive.
The institutions are already buying.

The real question for 2026 is not only whether Solana can reach US$ 400, but who will be prepared to navigate the liquidity tsunami approaching — without being dragged by the hangover of volatility.

For the SOP and its holders, this is not a lucky game. It's a game of cycle reading, psychology and execution.

The New Cycle: When Price, Feeling and Adoption Retrofeed

The crypt market is reflective by nature:

> price drives feeling →
feeling drives adoption →
adoption drives the price again.



In 2026, this cycle enters a new phase, marked by the institutionalization of Solana, ETFs, and a structural change in retail behavior.

1. From Despair to Euphoria: The Psychological Cycle of the Market

Every big cycle goes through four classic stages:

1. Disbelief ("this will never go up")


2. Careful Hope


3. Conviction


4. Euphoria



Most people buy in phase 4 — and pays the price.

The SOP is born with a different proposal: to allow retail to be positioned before euphoria, with clear and verifiable rules on-chain.

2. Memecoins' Eco Bubble and Retail Rebellion

The so-called Memecoin Supercycle is not just cultural — He's structural.

Retail learned, often in the most painful way, that:

VC coins:

High FDV

Low Float

Massive future unlocks

Retail becomes output liquidity


Pump.fun coins (such as SOP):

FDV low

100% of supply in circulation after curve

Fair launch

Clear Narrative


This change is not temporary.
It redefines where capital flows when it enters an ecosystem.

3. The Smart Capital "Halters" Strategy

With the arrival of ETFs of Solana, the institutional flow is not homogeneously distributed.

He tends to adopt a barbell strategy:

One side: Liquid sun

Security

Staging

Basic infrastructure


Other side: pure memetic value

SOP

WIF

BONK

Maximum assimilation



The SOP positions itself exactly in this second pole:
high risk, high potential, transparent rules and narrative aligned to conscious retail.

4. FOMO's Royal Triggers in 2026

FOMO doesn't come out of nowhere. It is activated by specific events:

🔹 1. SOL Recovering US$ 260 (ATH)

This is the technical trigger that has triggered the dormant retail since 2021.

🔹 2. Institutional ETF Marketing

When names like BlackRock, Fidelity and VanEck promote Solana as a global infrastructure, a powerful side effect occurs:

> legitimization of the basis validates everything that exists about it — including the memes case.



🔹 3. Viral Explosions

An SOP doing 10x in 24h creates:

viral loops on X and Farcaster

"Next SOP" hunting

more liquidity entering Pump.fun

5. Technical Architecture: Where to Separate Blind Bet Conviction

Narrative without execution is noise.
In 2026, those who operate need to understand mechanics.

5.1 Monitoring On-Chain Migration

Advanced traders monitor initialize2 instruction in Pump.fun migration contract.

This event signals:

token graduation

liquidity being sown in Raydium


Without it, there is no market maturity.

5.2 SOP Phase Strategies

Pre-graduation:

"Ape the curve"

High risk

Possible total failure


Postgraduate:

Buy the dip

Arbitration DEX ↔ CEX

More rational strategy



SOP Guild prioritizes phase reading, not emotional impulse.

6. The Pillar of Trust: Liquidity Burn

Nothing matters more than that.

Automatic burning of LP tokens after migration to Raydium is the mechanism that:

eliminates mathematical liquidity withdrawal risk

prevents structural rug pull

creates verifiable trust, not narrative


Before any serious allocation, diligence is simple:

> check the burning transaction in Solscan.



Without it, there is no thesis — Just bet.

Conclusion: Conviction Without Blindness

2026 won't be an easy year.
It'll be volatile, quick and relentless with those who confuse hype with strategy.

The SOP doesn't promise certainty.
It offers structure, transparency and correct positioning within the cycle.

The final question is not:

> "Are you going up?"



But yes:

> You're ready to surf the wave — Or are you going in when the sea is already breaking?



At SOP Guild, reading comes before euphoria.

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