Coinbase CEO Brian Armstrong said that all asset classes will eventually migrate to the blockchain, and this news quickly spread on X.

Armstrong's words seem to be encouraging the crypto space, especially after OKB broke through $200 to reach a new all-time high today, making it feel like the entire market is transitioning to the blockchain.

Combined with Starknet's upcoming launch of Bitcoin staking features, this wave of innovation makes me feel that DeFi will experience a new surge, with AAVE breaking through $300 as a precursor.

But don't overlook the risks; yesterday, Federal Reserve's Waller urged banks to embrace blockchain, or they will become outdated. Personally, I am optimistic about a long-term bull market, but there will be significant short-term volatility.

I suggest paying close attention to Coinbase's developments; perhaps the next big opportunity lies in the tokenization of on-chain assets.