State Street SPDR Dow Jones DIA ETF Trust (Derivatives) (DIA)

IrisApp has been a huge disappointment for many, and here's why. IrisApp initially listed projects with a 3‑year projection. For this project, for example, it aimed for a 10× return over 3 years. It only achieved 2.5× and today is at –64%, and those who bet on a 3‑year wait are in loss today.

I think we missed something; we haven't educated the community enough on the concept of taking profit. Objectively, 2.5× is a huge result, but in crypto we always aim higher.

This issue has hurt practically more than 90% of those who believed in IrisApp, and over 80% of the projects had the same scenario, as you can see in the second image. There is only one project that truly delivered its bet, like INJ with a 29× as expected in the app.

What do you think we could do to help people effectively profit from the tool? Because if we had done things better, many investors would be profitable today instead of just seeing their wallet rise and then melt. I await your proposals…

Another case is

DIA is now powering the first hemiBTC lending vault on Hemi Network, which launched with ~$2.26M in liquidity.

The protocol also expanded onto Litecoin's first EVM rollup.

Still $DIA sits near a ~$15M market cap.

Why is the market barely valuing an oracle network already securing Bitcoin DeFi and RWA infrastructure?

@DIAdata_org is building a decentralized oracle network focused on verifiable and auditable data.

The network provides:

• Price feeds
• Proof-of-reserves data
• RWA pricing
• Fair-value asset valuation
• Bitcoin DeFi infrastructure

The key difference is its focus on transparency.

Rather than relying solely on market prices, DIA is increasingly pushing reserve-backed pricing and proof-of-reserves systems for tokenized assets and wrapped Bitcoin products.

That becomes more important as Bitcoin DeFi and RWAs continue expanding on-chain.

There are still obvious challenges.

Oracle markets remain highly competitive.

DIA is competing against larger incumbents while depending on protocols choosing its infrastructure over alternatives.

The network's long-term value also depends on continued oracle adoption rather than narrative alone.

Supply is less of a concern than many small-cap projects:

• ~120M tokens already circulate
• Total supply sits around ~169M
• Future growth depends more on usage than major unlock events

At the same time:

• No major exploit history surfaced
• No public governance controversies emerged
• Expansion into Bitcoin DeFi and RWA infrastructure continues accelerating

Tokenomics

• Price: ~$0.12
• Market cap: ~$15.3M
• Circulating supply: 119.67M
• Total supply: 168.81M

Always take whatever you read on the internet with a pinch of salt, do your own research, NFA.

$DIA

Bearish divergence on momentum playing out.

Trading into S/R zone.

AVWAP just below at $498. https://t.co/MyiSk97GQI