In the current market, it is even more necessary to invest funds in the right places.

What are the tracks worth paying attention to?

According to the latest data from The Block (as of 7/20), here are five major tracks to focus on:

1. AI Track: The most explosive growth, and the hype hasn't dissipated yet.

The GMCI AI index has surged over +600% this year, with heat, structure, and narrative all present.

The narrative is shifting from 'imagination' to 'practicality', with reasoning computation and off-chain verification being the next breakout point.

👀 Pay attention to: TAO, AKT, NUM, GRPH, etc.

2. Interest-bearing Stablecoins: New on-chain savings market (suitable for large holders)

Products like sUSDe, sDAI, BlackRock BUIDL are bringing 'on-chain finance' back to the center stage.

Current total market cap has surpassed $6 billion, stable returns + combinability = new DeFi foundation.

👀 Pay attention to: Growth of yield-bearing stablecoins = New user influx indicator.

3. Ethereum ETF Ecosystem: A slow bull market starting phase.

ETH ETF has just launched, and funds are gradually entering the market.

Net inflow on the ETH chain is positive, and the L2, LRT ecosystem may benefit the most directly.

👀 Early positioning = Early benefits from narrative bonuses.

4. L2 & Modularization: A truly structural bull market.

The GMCI L2 index performs comparably to AI, with funds betting on 'future infrastructure'.

Restaking, AVS, EigenLayer combinations are the 'new Lego puzzle'.

👀 Structural bulls do not rely on price increases but on time + compound interest.

5. Meme Track: Not dead, but timing is crucial.

The GMCI MEME index has risen over 400% in the past year, but has entered a volatile phase.

Solana Meme performs relatively strongly and remains a representative of 'emotion-driven + performance-driven' trading.

👀 If you can accurately time the rhythm, it is a powerful tool; otherwise, it is a sacrifice.

In summary, if you are just a cryptocurrency trader like me, the key focus should be:

AI Track (still in mid-game)

Solana Meme (monitor emotions)

ZK/L2 new coins & new ecosystem rotation -- first trade the parent chain, then the ecosystem, then the sub-protocols.

And the ETH ecosystem + stablecoin-related sectors that I mentioned earlier.