Let's briefly discuss the current situation of Ethereum. As the leading technology driver that has sparked the narrative around RWA (Real World Assets), Ethereum is currently facing an overly bloated ecosystem. It seems that wherever you look, there is Ethereum's presence, yet it lacks any particularly outstanding features, which has allowed new technology factions like SOL and SUI to seize the opportunity and aggressively compete for market share.

If we look at traditional companies such as Alibaba, we see a similar situation with ecosystem bloat. Many years ago, I discussed with friends how it seems that every industry has Alibaba's presence, but with each acquisition, the company risks losing market share, leading to Alibaba's current decline. Unlike Tencent, which has a strong core business operation, Ethereum has not yet found its core business, or it has not fully committed to developing it. It always seems to follow the market and drift along with the tide, resulting in an increasingly bloated ecosystem where most people are unclear about what it is doing, or even it is unclear about what it wants to achieve. A person's energy is limited, a company's energy is limited, and the same applies to an entire crypto ecosystem.

If Ethereum, BNB, and others take RWA tokenization of real assets as an entry point or fully develop it into their core business, the narrative would be very strong and aligned with the future main theme of the crypto world. After the ETF applications are approved, we can see that institutions like BlackRock, as I previously expected, announced that the next step is the tokenization of real assets. This is a trillion-dollar market and the beginning of a new financial revolution. While Ethereum has the first-mover advantage in laying the foundation or becoming the standard, in the tech world, all advantages will be diminished with technological iterations. Of course, I believe that mainstream institutions like BlackRock have long laid out their strategies in the RWA-related token market. Ethereum will also follow the market into a new period of explosive growth. Although I don't understand the technology well, I can roughly speculate on some future market conditions. Defi-related tokens are about to experience a resurgence, with tokens like AAVE, MKR, CRV, and COMP expected to perform exceptionally well in the near future. Now, allocating 30% of funds into RWA-related token ONDO could yield a substantial return in line with the main theme.