Crypto梦醒时分

At present, in the context of modular blockchain accelerated expansion, liquidity infrastructure is trapped in a dilemma of 'each fighting their own battles'—each chain builds its own liquidity pool, cross-chain interoperability relies on high-risk bridges, and developers need to adapt to multiple sets of interfaces, resulting in severe internal friction in ecological efficiency. Most protocols are still at the 'single-point optimization' level and have not been able to construct a unified underlying liquidity architecture. Mitosis, based on Layer 1 blockchain, is creating a liquidity infrastructure that is 'cross-chain compatible, community governed, and developer-friendly' using programmable components, and is seizing a core hub position in the multi-chain competition.

In today's rapidly evolving blockchain technology, privacy and compliance have become crucial factors in the tokenization process of real-world assets (RWA). Plume has taken a key step in this regard, and its integration with the privacy L3 Nightfall is like giving a strong pair of wings to the development of RWA.
On September 19, 2025, Plume announced the welcoming of Nightfall into its network, a news that has garnered widespread attention in the industry. The expansion of Nightfall into Plume reflects the growing demand for secure and compliant privacy infrastructure in RWA tokenization. With Nightfall on Plume, enterprises can execute private transactions on Ethereum-compatible blockchains while retaining the fundamental advantages of transparency, data immutability, and security.

In the world of Web3, open-source protocols are not uncommon, but very few have grown from "lines of code" to become the "ecological benchmark supporting 300 million+ connections." WalletConnect has achieved this—this connection protocol, open-sourced in 2018, now covers 47.5 million users, 600+ wallets, and 65,000+ DApps. It has also built a collaborative network of "co-construction, co-governance, and co-sharing" through the WCT token, becoming a "new model" for Web3 infrastructure. Its evolutionary path is not just a story of technological iteration, but also a paradigm of ecological prosperity driven by "open-source empowerment + token incentives."

"I have 5 wallets on my phone, and every time I switch chains I have to switch again, and I always mix up the addresses" — this was the daily frustration of countless Web3 users in the past. But now, more and more users are discovering: with just one wallet, they can connect to all chain DApps through WalletConnect, no longer having to worry about "multi-wallet management." This open-source protocol, born in 2018, offers full-chain compatibility and a convenient experience, allowing 47,500,000 users to say goodbye to "multi-wallet anxiety," redefining the interaction model of Web3 and becoming a "blockchain sticky note" in the eyes of users.
In the early development of Web3, the "gap between chains" significantly impacted user experience. At that time, blockchains like Ethereum, Solana, and BSC were each fighting their own battles, with wallets and DApps strictly bound to specific chains: to use Ethereum's DeFi platform, one had to use MetaMask; to play Solana's chain games, one had to download Phantom; to buy NFTs on BSC, one had to install Trust Wallet. Users not only had to manage multiple sets of private keys, worrying about losing or forgetting them, but also had to manually copy wallet addresses every time they switched chains. If they made a mistake and entered one wrong character, their assets could be "permanently lost."

Open any mainstream DApp - whether it's a leading DeFi platform like Uniswap or a top NFT market like Blur, WalletConnect always occupies a place in the 'Connect Wallet' option. This open-source protocol, born in 2018, has now become the 'must-have connector' for over 65000 DApps, supporting 47.5 million users to complete over 300 million on-chain interactions. It does not have flashy marketing gimmicks, yet it stands out among many connection tools, primarily because it addresses the 'pain points' of DApp and wallet connections with three major advantages: 'fully chain-compatible, safe and reliable, and ecological collaboration', ultimately becoming the 'infrastructure standard' of the Web3 ecosystem.

In the world of blockchain, innovation and collaboration are always powerful drivers of industry advancement. When Plume, a modular Layer 2 blockchain network focused on Real World Asset Finance (RWAFI), collaborates with the globally renowned stablecoin issuer Circle, a grand play about reshaping the RWA financial landscape is being spectacularly staged.
Since its mainnet launch in June 2025, Plume has demonstrated extraordinary potential. Its unique architecture, including the asset tokenization engine Arc, compliance infrastructure, and cross-chain capabilities, has built a solid bridge for real-world assets to enter the DeFi ecosystem. As the issuer of USDC, Circle holds a pivotal position in the global crypto finance sector. This collaboration will integrate Native USDC and CCTP V2 cross-chain transfer protocol into the Plume blockchain network, undoubtedly marking a milestone event.

In today's rapidly developing world of blockchain technology and artificial intelligence, have you ever thought about a platform that can perfectly integrate the two, unleashing unprecedented energy? OpenLedger is such an innovative project that is leading us into a brand new digital era.
OpenLedger is a blockchain protocol focused on artificial intelligence. Its emergence provides a new solution for the liquidity release of data, models, and agents. Unlike other blockchain projects, OpenLedger incorporates AI participation from the ground up in its design, making it stand out among many projects.

When the Web3 industry is still entangled in 'how to educate users', Somnia (SOMI) has already provided the answer with 9700 million testnet wallet addresses. This L1 public chain incubated by Web2 metaverse giant Improbable has not fallen into 'technical index involution', but has used the combination of 'Web2-level experience + Web3 rights' to actively encourage game and social users to transition to the blockchain world. In the context of 'user growth cooling' in the industry, its breakthrough logic is a textbook-level case.
The disconnection between Web3 and mass consumption is rooted in 'experience compromise'. Players want to gain asset ownership in chain games but have to endure operational delays of more than 3 seconds; creators who want to enjoy decentralized distribution must face complex wallet operations and Gas fee anxiety. Traditional public chains either pursue decentralization at the expense of performance or compromise security for speed, and they can never balance the relationship between 'experience' and 'rights'. More critically, most public chains require Web2 users to adapt to Web3 logic rather than actively conform to mass habits, making it naturally difficult to break through the barriers.

When large institutions monopolize high-quality liquidity projects with their financial advantages, ordinary users suffer repeated losses in returns due to cross-chain fees and information asymmetry, while DeFi's 'inclusive original intention' is gradually becoming empty talk. Traditional protocols either exclude retail investors from high-yield thresholds or withhold profits through vague terms, leaving retail investors in a 'passive participation, allocation by others' disadvantaged position. Mitosis, with 'Ecosystem Own Liquidity (EOL)' at its core, is reconstructing the liquidity rights structure through programmable components, transforming retail investors from 'marginal participants' to 'rule makers.' This silent revolution of rights has quietly begun.

When traditional financial institutions pay hundreds of millions of dollars each year to centralized data service providers, yet still face risks of data delays and tampering; when small and medium developers are forced to abandon real-time data-based innovative projects due to high subscription fees—the global $50 billion market data industry has long been tightly bound by the shackles of 'intermediary monopoly'. The emergence of Pyth Network is like a decentralized revolution, cutting out redundant intermediaries as a 'first-party oracle', allowing data to flow directly from source institutions to end users, redefining the rules of data services. This revolution aims not only to break monopolies but also to extend services from DeFi to the entire financial sector. How does Pyth leverage this to tap into a trillion-dollar market?

In the DeFi world, many investors face the dilemma of holding a bunch of 'non-standard assets' — such as LP tokens obtained from liquidity mining and yield certificates staked on public chains. These assets are clearly tied to actual returns, yet due to not meeting the 'standard asset' requirements of traditional lending platforms, they can only lie dormant in wallets, unable to be converted into usable funds. The emergence of Dolomite, with its ability to support over 1000 unique assets, has broken this deadlock — it not only incorporates non-standard assets like LP tokens and staked assets into the lending system but also innovates mechanisms to allow these 'special assets' to earn interest and be borrowed, completely activating the 'hidden liquidity' of the DeFi world.

Binance's endorsement of OpenLedger's launch has led many to simply equate it with a new trading asset, but developers and data contributors who truly understand the field have already discovered: this project has long established a complete ecological closed loop of "data rights confirmation - model development - commercial monetization." The airdrop of 10,000,000 OPEN tokens is just the beginning of ecological empowerment, and what is hidden in its underlying design is a complete restructuring of AI production relations.
The long-standing issue of "value fragmentation" in the industry was almost unsolvable before the emergence of OpenLedger. On the data side, high-quality resources are monopolized by a few institutions, leaving ordinary contributors without monetization channels; on the model side, developers face both the pressure of computing costs and the worry of their results being misused; on the application side, companies find it difficult to verify the credibility of AI decisions, making it hard to implement in specialized fields. The root of these pain points lies in the lack of a trust infrastructure that can connect the interests of all parties, and OpenLedger was born for this purpose.

In the financial sector, data should be the core asset, but the 'untrustworthiness' of the traditional market data industry has turned data into a 'risk carrier'—a certain hedge fund suffered a loss of over $200 million in a single day due to false crude oil price data from a centralized service provider; a certain DeFi protocol experienced a vulnerability in smart contract liquidation due to data tampering by third-party nodes, resulting in user asset losses exceeding $100 million. Behind these cases lies a trust crisis in the $50 billion market data industry characterized by 'vague sources, black box processes, and difficult accountability.' The emergence of Pyth Network is reconstructing the trust system through decentralized technology, transforming data from a 'risk point' into an 'asset that institutions can rely on.' How can this value reconstruction solve the industry's pain points?

When DeFi platform tokens become "speculative tools," and users holding tokens cannot share in the platform's growth profits, Dolomite's native token DOLO is becoming a "certificate of rights" that binds platform dividends through a threefold design of "governance + profit sharing + incentives." This established protocol, which supports over 1000 types of assets and is listed on Binance Alpha, uses a unique token economic model to transform users from "platform users" into "ecosystem beneficiaries," fundamentally rewriting the value logic of DeFi tokens.
The core value of DOLO lies in the "deep binding of governance and profit sharing." Unlike some platform tokens that only provide voting rights, Dolomite fully grants the key decision-making and profit distribution rights to DOLO holders. Users can lock up DOLO to obtain veDOLO, which not only represents governance weight but also allows direct participation in fee distribution. The maximum locking period is two years; the longer the lock-up, the higher the voting weight and profit-sharing ratio—users holding veDOLO can vote on core proposals such as interest rate model adjustments, new asset launches, and fee distribution, directly influencing the platform's development direction. At the same time, the income generated from borrowing spreads, transaction fees, etc., will be distributed proportionally to veDOLO holders or used for DOLO repurchase and destruction. This design creates a positive cycle of "platform growth → profit increase → token appreciation": as the borrowing scale of over 1000 types of assets expands, fee income rises, and veDOLO profit sharing increases, attracting more users to lock up, thereby steadily enhancing the value of DOLO.

When it comes to high-performance public chains, the market's first reaction is often the "TPS digital competition," but Somnia (SOMI) clearly has ambitions beyond that. This EVM-compatible L1 blockchain, with a throughput of 400,000 TPS and sub-second finality, is breaking performance shackles and is building a foundational framework for a "virtual society" that can support millions of users through a triple layout of "technical adaptation + ecological focus + economic loop." In the current era of homogenized competition among public chains, its differentiated path may be the key to breaking the deadlock.
The core demand for consumer applications has never been just "fast," but also a comprehensive experience of "stability, low cost, and scalability," which is precisely where Somnia focuses its efforts. Traditional blockchains often fall into the dilemma of "performance - decentralization": while Solana is fast, it has a high node threshold, sacrificing some decentralization; Ethereum L2 relies on mainnet confirmations, which leads to finality delays. Somnia balances this contradiction through advanced compression technologies—combining stream compression with BLS signature aggregation to break bandwidth limitations, allowing 100 globally distributed validator nodes to maintain decentralization while supporting large-scale concurrency. This design of "moderate decentralization" aptly meets the actual needs of mass entertainment applications.