Current Direction of Industry Development

The actual development direction of Crypto is not the so-called "Web3.0 revolution," but rather an upgraded version of "Finance 2.0."

1. Bitcoin has embarked on a path recognized by "nations + institutions." Whether through corporate accumulation or some countries starting to include it in their reserves, BTC is gradually establishing its positioning as digital gold. This is a route more inclined towards a macro financial system rather than an internet-style user ecosystem.

2. Stablecoins have become the main character in practical applications. They perform outstandingly in areas such as cross-border payments, local settlements, and online wealth management, attracting more and more traditional fintech companies to join, forming an integrated ecosystem of "stablecoins + base layer + wealth management protocols." In the future, whoever can grasp the coverage of the local market will be able to seize a larger market share.

3. User growth for Ethereum and other altcoins is sluggish, gradually turning into a speculative game among existing users. Many projects are beginning to lack support from real users, increasingly resembling a "casino." Although some hope that AI can bring new breakthroughs, it currently appears to be more conceptual than practical.

Overall, Bitcoin and stablecoins have siphoned off most of the market's attention and liquidity, while the altcoin market is gradually losing its vitality.