Append-only material events from the ranking engine. We preserve old calls instead of rewriting history after price or evidence moves.
The core Top 10 survived repeated challenger and incumbent tests. The main ranking now changes only when material evidence changes, while the Micro Ranking is still being tested around near-term supply events.
Large protocol-owned-liquidity fees remain a latent reservoir while AIP-7 is off; live holder capture is still small.
The structural thesis remained strong, but price rose faster than resolution of the Global Map Progress mint-versus-burn uncertainty.
The public history shows selected proof. Membership opens the complete append-only archive of rank, evidence, capture, supply and thesis changes.