Checked out SWTCH and opened some positions after doing some research. Quick rundown of why: 1. A lot of projects on Solana are using their oracle, including the weed project from a few days ago and the new gold RWA on Solana recently. 2. Current circulating supply is only around 22M. Compared to others in the same sector like pyth (800M) and chainlink (14B), the market cap is completely undervalued. Airdropped tokens won’t unlock for 6 months, so there’s basically no significant sell pressure from airdrops. 3. SWTCH’s oracle is faster than both pyth and chainlink, solving the latency issue for oracles. It also supports multiple chains, and a lot of projects on Solana have already switched over to using SWTCH. 4. They’ve partnered with Jito and Drift. Prediction markets and DeFi will essentially rely on the oracle sector in the future, and valuations for oracles are steadily increasing. Recently, they also announced a partnership with the x402 protocol to provide payment verification and VRF randomness, expanding into AI/micropayment scenarios. The collaboration with x402 is actually the main reason I opened a position—x402 is definitely going to be the biggest payment protocol in the future. Always DYOR.