The Rise of RWA Track As traditional financial institutions like BlackRock and Fidelity accelerate their layout, **Real World Asset Tokenization (RWA)** becomes the new main line of the bull market. The BUIDL fund under BlackRock has a TVL exceeding 1.867 billion USD, with institutional funds continuously flowing in. Potential projects like PLUME (in collaboration with BlackRock) and FLOKI (a fusion concept of Meme + RWA) have garnered market attention and may welcome a new round of outbreaks after a pullback. Meme coins and AI concepts rotate, with the meme coin pattern on the Solana chain differentiating. Fartcoin continues to lead due to the inflow of large whale funds, while RFC, DARK, and others have broken through key support levels. In the AI track, SkyAI and FHE (a privacy project transforming to AI) have reached new market caps, becoming the leaders in this round. $BTC