Analyzing the recent strategies of industry giants:

$POL: Polygon founder Sandeep Nailwal takes full control of the foundation, focusing on the development of Agglayer; the old zkEVM is being phased out, with an improved PoS chain Gigagas targeting stablecoin payments and RWA.

The route is completely forked, with Agglayer pursuing cross-chain capabilities, while PoS aims for an on-chain PayPal payment gateway.

$XRP: Nasdaq-listed company VivoPower deploys $100 million XRP through Flare's FAssets protocol, using the profits to continuously repurchase XRP, forming a self-compounding treasury, effectively introducing XRP into compliant programmable and high-yield scenarios, and replicating the treasury compounding model on-chain. In other words, XRP primarily provides institutions with long-term U.S. Treasury bonds and liquidity insurance.

$ONDO: Ondo Finance migrates the tokenized U.S. Treasury fund OUSG to the XRP Ledger; redemptions use Ripple's stablecoin RLUSD, facilitating institutions to directly purchase U.S. Treasury bond yields, with Ondo acting as the settlement layer.

$WLD: Native USDC has been integrated into Worldcoin, allowing for direct payments and settlements within its identity network.

$ETH: Former Ethereum researcher Péter Szilágyi claims to have rejected a $5 million request for Geth's independence proposal and accuses the Ethereum Foundation of secretly funding a competing Geth team, confirming the existence of governance power struggles within Ethereum.