#加密项目 In recent years, the number of cryptocurrency projects has surged, covering various sectors such as public chain infrastructure, DeFi, NFTs, and RWA tokenization, with impressive innovation speed. However, rapid expansion has also led to issues such as varying project quality, imbalanced token economics, and lack of team transparency. Some projects lack practical application scenarios and only rely on speculative hype to drive price increases, posing high risks. Meanwhile, high-quality projects are attracting institutional funds through technological breakthroughs and compliance construction, such as supporting cross-chain interoperability, real-world asset on-chain and enhanced security audits. Overall, cryptocurrency projects have entered a phase of 'survival of the fittest,' with the market gradually returning to value-driven principles. Investors should focus on project team backgrounds, technological feasibility, ecological development potential, and compliance levels, avoiding blind chasing of high prices, in order to seize opportunities in cryptocurrency projects that genuinely have long-term value in the new cycle.