$BNB

#SXT utility projects are facing steep pullbacks, reminiscent of #ETH onchain projects before their ETF approvals in July.#SXT has a reputation for drawing fast money, hype cycles, and occasional meme coin noise. But not every project is the same—some teams are genuinely building groundbreaking tech.One standout is $SXT (@spaceandtimeDB). Despite the market chatter, $SXT T has a doxxed team, heavyweight backing from Microsoft and top VCs like Framework Ventures, and a live decentralized data platform powered by Proof of SQL and ZK-proofs. Their product is up and running, with real users querying onchain and offchain data for smart contracts and AI agents, and the team is constantly shipping updates—often shared live on X or their blog.Yet, the price keeps sliding. Why?Because #SXT is caught in a broader market storm, pulling down legit builders like the SXT team along with it.Will it recover?I’m confident it will. I see a rally coming for true utility projects on #SXT, especially as decentralized data solutions gain traction and market sentiment turns. That’s why I’m holding my $SXT, even if it dips another 50%.Conviction takes time to pay off.NFA, just my take.