Web3 Media Matrix 媒体矩阵

Tron wants to protect the dominant position of USDT and must break free from the EVM architecture at the technical level, completely separating itself from ETH.

The reason Tron (TRON) has stood out in the stablecoin arena is due to its fast transaction speed and extremely low gas fees, especially in terms of USDT usage, where it once held a dominant position. However, the problem is that Tron has adopted an EVM-compatible architecture since its inception, which was a reasonable choice at the time to quickly attract Ethereum developers. However, today it has become a potential risk.

The essence of the EVM gas mechanism is 'the more users, the higher the fees,' which has been verified countless times on Ethereum. Even if Tron optimizes the underlying layer, as long as it continues to use the EVM model, when the number of on-chain users and applications increases, transaction fees will inevitably rise, and problems such as network congestion and resource competition will gradually emerge. This contradicts Tron's initial strategic positioning of 'building an efficient payment public chain.'

In contrast, emerging high-performance chains like TON and Solana have bypassed the limitations of the EVM and pursued native solutions for parallel processing, low latency, and high throughput from the underlying architecture. They have already posed a substantial threat to Tron in the payment and application domains. Moreover, since USDT has already achieved multi-chain distribution, Tether may completely allocate traffic to networks with better performance in the future. Once Tron loses its core advantage of 'the lowest transaction fees,' the dominant position of USDT will also be shaken.

If Tron continues to rely on EVM compatibility to attract developers, it will sacrifice long-term stability and performance advantages. The real moat is a self-developed high-performance VM, a customized execution environment for stablecoins, rather than replicating Ethereum's outdated architecture.

Now is a critical moment for Tron to make a strategic transformation. Only by breaking free from the shackles of EVM and embracing a natively optimized high-performance architecture can it solidify USDT's dominant position in the Web3 payment arena.

Why is Bitcoin resilient while other coins plummet?

At times of extreme volatility in the cryptocurrency market, Bitcoin (BTC) often demonstrates remarkable stability, whereas other altcoins fall like a row of dominoes. This phenomenon is not coincidental but is the result of multiple factors working together.

First, Bitcoin has the strongest consensus foundation. It is the pioneer of the crypto world, regarded as 'digital gold', and possesses safe-haven attributes. When market confidence wavers and risk assets significantly decline, substantial funds flow from high-risk altcoins into Bitcoin, thus supporting its price floor. This 'Bitcoin inflow' mechanism makes it a true anchor in the crypto space.

Second, Bitcoin's deflationary model and immutability make it more like a store of value rather than a speculative asset. In contrast, many altcoins have unlimited issuance and arbitrary changes in mechanism, lacking scarcity and credibility. Once the market turns bearish, these coins lose their support points, and a crash becomes inevitable.

Third, institutional preference and regulatory recognition provide a moat for Bitcoin. Whether it is MicroStrategy's continued accumulation or traditional financial giants like BlackRock and Fidelity launching Bitcoin ETFs, they are building a legitimate financial ecosystem dominated by Bitcoin. Other coins, on the other hand, are often viewed as securities or illegal tokens within regulatory frameworks, facing suppression and delisting risks.

Finally, Bitcoin has a higher degree of decentralization. It has no foundation, no founder controlling it, and cannot be easily manipulated, which is particularly important in the increasingly important 'anti-censorship' crypto world. Many altcoins are behind the scenes with project teams, VCs, and market makers colluding to exploit investors; once the market becomes aware, they naturally flee.

In summary, Bitcoin's resilience stems from the fact that it has long transcended being just a 'coin' and has become a symbol, a safe haven. Other coins, for the most part, are still stories, speculation, and bubbles; once the wind stops, they will inevitably collapse.

ETH has stepped down from the altar of smart contracts and DAPPs with EVM

Once upon a time, Ethereum (ETH) represented the entire future of smart contracts, and EVM was seen as the key to opening a new era of decentralized applications. However, a decade has passed, and ETH has not continued to lead; instead, it has gradually dragged the entire industry into a 'compatibility quagmire,' ultimately falling from its pedestal.

The era of explosive smart contracts was indeed led by ETH, but starting in 2021, this track has gradually been hijacked by 'hype, copy-paste' and 'technological stagnation.' EVM has been touted as the 'industry standard,' yet has not truly evolved. Developer tools are outdated, gas fees remain high, L2 is slow and cumbersome, cross-chain experiences are poor... this is far from an altar; it is clearly shackles that lock down innovation.

The most ironic thing is that while EVM-compatible chains are rampant, chains with real technological breakthroughs (such as Aptos with Move VM, Solana with parallel computing, and Cosmos with modularity) are dismissed by the ETH community as 'heretics,' with the reasoning that they are 'not EVM compatible.' One must ask, whose burden is EVM? Today's ETH is not leading technology but is instead conservative and outdated—dragging the Web3 world into a stalemate of a 'lowest common development platform.'

ETH should have been synonymous with innovation, yet has become the spokesperson for 'backward compatibility.' Technology should favor the fittest, and the world of smart contracts should be updated and renewed, rather than forever trapped in the dull old frameworks of Solidity and MetaMask.

It is time to acknowledge: ETH has stepped down from the altar of smart contracts and DAPPs with EVM. The new wave of technology will be led by platforms that truly embrace performance, user experience, and developer friendliness. Saying goodbye to myths and welcoming reality is the true awakening of Web3.

Bitcoin has risen from over 10,000 US dollars to 110,000 US dollars
Those still saying it's the early stage of a bull market are truly the fighter jets among idiots
$BTC

The reason why TP Wallet (TokenPocket) is hailed as the primary traffic gateway of Web3 lies in its ecological advantages of 'multi-chain support + high-frequency usage + community radiation' as a trinity.

Firstly, TP Wallet fully supports mainstream public chains such as Ethereum, BSC, Solana, TRON, and EOS, while also being compatible with the EVM ecosystem, truly enabling multi-chain interoperability in the Web3 world. This capability of 'one wallet to access all chains' makes it the first choice for users to manage assets and interact with DApps, naturally gathering the most Web3 users.

Secondly, TP Wallet not only serves as a wallet but also acts as a high-frequency traffic integration platform for Web3 applications. From DApp browsers, NFT marketplaces, DeFi entrances, to on-chain message notifications and Web3 identity binding, TP almost covers all behavioral paths of Web3 users, truly realizing a one-stop closed loop from asset management to scenario participation. With millions of daily open frequencies and activity levels, it forms a high traffic stickiness.

Finally, TP Wallet has long been deeply rooted in the East Asian and Southeast Asian user markets, possessing a large community base and KOL matrix, and exhibiting a strong role as a 'Web3 traffic amplifier.' As long as project parties launch on the TP DApp square, it equates to seizing the core exposure position of Web3.

In summary, TP Wallet is not only a wallet but also a super gateway, traffic engine, and ecological core of the Web3 world.

Thus, TPT deserves attention.

How does Solana attempt to solve the 'downtime' problem?

Solana (Sol) is one of the few public chain projects that has experienced 'mainnet downtime' multiple times.

How to solve the downtime problem

Direction 1: Improve node stability
QUIC network replaces UDP: Enhances the reliability of communication between nodes, preventing node disconnection due to network packet loss.
Stricter leader node selection mechanism: Introduces leader failover mechanism; if the current leader cannot produce blocks, quickly switch to the next one.

Direction 2: Optimize parallel execution mechanism
Solana proposed parallel transaction execution (Sealevel). Although this architecture already exists, further optimization of the scheduling algorithm is needed to reduce resource conflicts.
Perform account conflict detection in advance (pre-execution phase), grouping transactions that may conflict to avoid deadlocks or blocking during execution.

Direction 3: Introduce partial modularity and independent design
For example, in Firedancer, a 'module separation' approach is proposed:
Decoupling the consensus layer and execution layer to prevent contract execution failures from impacting consensus.
Rewrite the node client to avoid historical bugs and performance bottlenecks in the original Rust client.

Technical Update 1: Firedancer Client
Developed by Jump Crypto, the Solana client is rewritten in C language.
Advantages:
Higher performance, lower latency.
Fewer memory leaks and stability issues.
After Firedancer goes live, it will provide a fault-tolerant backup client, allowing the network to switch to another implementation if the original client encounters issues.

Technical Update 2: Retry Mechanism and Transaction Review Optimization
In the new version of the client, an automatic transaction retry mechanism is added.
A malicious spam transaction detection and defense module is added, for example, a large number of invalid transaction attacks will be rate-limited.

Solana is currently still in the parallel phase of 'extreme performance' and 'stability refinement', but with the official launch of Firedancer and the strengthening of the leader replacement mechanism, the frequency of large-scale downtime events has significantly decreased.

#特朗普马斯克分歧
After Musk acquired X (formerly Twitter), he transformed one of the world's most influential public platforms into a 'private asset,' manipulating recommendation algorithms, filtering mechanisms, and political topics in the name of freedom. Trump, on the other hand, is the spokesperson for the deep integration of populism and capital: he utilizes the attention mechanisms of media and social platforms to construct an 'emotional and shortsighted' political kingdom.

These two individuals represent two dangerous realities:

Politics has devolved into a game of traffic, institutions have failed.
The super-rich possess greater influence and execution power than the government.
In this system, democracy has been alienated into a formality; what truly determines the direction of society is no longer public opinion or law, but rather the logic of recommendations, manipulation of public opinion, and capital games.

Insufficient Innovation Has Become a Major Problem in the Crypto Sphere

In the past few rounds of bull and bear markets, the blockchain industry has always touted concepts like 'disruption', 'revolution', and 'the next generation of the internet'. However, by 2024-2025, more and more practitioners and investors are forced to face a harsh reality: the crypto sphere has fallen into a vicious cycle of innovation exhaustion.

The most obvious manifestation is the severe product homogeneity. DeFi projects are merely skin-deep reboots, NFT platforms are repetitively rehashing old ideas, and even the new generation of 'meme coins' are just replicating the successful formula from Solana, with the addition of task systems and bots. The underlying logic hasn’t changed, the game mechanics remain the same, and the only innovation is changing token distribution to 'task completion for airdrops'.

More seriously, there is stagnation in the technical field. EVM still dominates most new chains, no new virtual machines have emerged, and smart contracts still use Solidity from a decade ago. The so-called 'L2 flourishing' is actually cost optimization rather than a paradigm breakthrough. Fewer people are willing to tackle difficult, slow-yielding foundational protocol research, and the narrative around public chains has almost fallen silent.

This 'low-level repetitive construction' has drained users’ enthusiasm, capital’s patience, and developers’ confidence. Many funds are starting to shift towards speculation, memes, and short-term arbitrage, forming a vicious cycle of 'no innovation—no expectations—speculation'.

The root cause lies in the fact that the crypto sphere relies too heavily on 'story-driven market cap expansion' rather than 'technology-driven practical implementation'. Project teams are accustomed to launching quickly and creating buzz, rather than delving deep into core technologies or exploring real application scenarios. Although the regulatory gray area offers opportunities, it has fostered an industry culture that neglects long-termism.

If this trend is not broken, the crypto world will lose its original momentum—the reconfiguration of order brought by decentralized technology. What is needed is a true 'innovation renaissance' to rewrite this narrative: not just a new concept, but entirely new chain designs, new programming paradigms, and even breakthroughs that integrate with AI and social collaboration mechanisms.

Otherwise, the crypto sphere will ultimately degenerate into a speculative playground that constantly rehashes old memes.

As long as humanity exists, memes will not perish. Where will the next wave of memes occur?

Memes are not a product that only emerged in the internet era. They are essentially a form of 'self-replicating unit' of human thought, a cultural gene. From the earliest cave drawings and religious symbols to modern emoticons, memes, and short videos, memes have always been a core means of expression, imitation, and dissemination for humanity.

In today's era of information explosion, memes are not just entertainment; they have become a language, a rapid conduit of emotions, and a marker of group identity. Political propaganda uses memes, marketing employs memes, and even blockchain projects use memes to build consensus. Solana, DOGE, and Pepe did not win the market through technology, but through an image, an expression, or a resonance that triggered a global response.

The reason memes are so powerful is that they are rooted in humanity's most instinctive behaviors: imitation, resonance, and recreation. They do not require precise logic or lengthy explanations; rather, they are a form of communication that is 'understood as soon as it is seen,' with a strong emotional impact. Because humans are inherently dependent on this lightweight form of expression, as long as we continue to use language, images, and symbols, memes will never go out of style.

Where will the next meme wave occur on which chain?

The TON chain was originally considered a natural breeding ground for memes: strong social genes, native Telegram traffic entry, mature bot ecology, and a well-developed task system. However, the reality is somewhat awkward — meme coins on TON are currently underperforming. Most projects have short lifespans, low user loyalty, and limited hit effects, and have not yet formed a community consensus atmosphere akin to the 'hundred flowers blooming' on Solana.

The reason may lie in the more 'utilitarian' user structure of TON, where speculative inertia has not yet been established, and the KOL and content systems are still immature. Additionally, while TON's technology and dissemination mechanisms are good, the most critical aspects of speculation in the crypto world are narrative density and capital density. Currently, these two cores are still concentrated on chains like Solana and Base.

However, TON remains an undeniable potential stock. Its meme soil has not yet been truly activated. Once the platform's gameplay matures, community consensus is established, and emotional channels are opened, it may still become the point of outbreak for the next wave of meme tsunamis.

Memes will never die; they just keep changing chains. $TON

Why are many coins half-dead in this bull market?

Although the 2024-2025 crypto bull market has seen Bitcoin and some altcoins frequently hitting new highs, the overall market presents a strange state of "polarization": on one side, Solana meme coins are being hyped wildly, while on the other side, a large number of project coins are stagnant, unable to even catch the heat of the bull market. What exactly has happened?

1. Concentration of funds, long-tail coins abandoned
This bull market is not “spreading the wealth evenly.” Large funds prefer to speculate on platform coins or meme coins with strong narratives and consensus, quickly harvesting attention and liquidity. Meanwhile, early projects and once-glorious mainstream coins like ETH, NEO, ZIL, etc., lack new market topics and can only struggle at the bottom, with liquidity completely drained.

2. Changes in speculation logic, old projects disconnected
The current market emphasizes a closed loop of “traffic - topics - short speculation - offloading.” New projects on Ton, Solana, and Base chains possess social dissemination genes, particularly the meme ecosystem deeply integrated with Telegram and X, rapidly capturing narratives. Many old coins are still stuck in the old mindset of “technology is king” and “community development,” resulting in the projects losing their presence.

3. Changes in investor structure
The investors entering this round are more inclined to participate in community speculation, airdrop tasks, and speculative arbitrage. Patience for long-term fundamental construction has been lost. They do not care about “which module a certain project launched last year,” but are more concerned with “whether this coin has increased tenfold today.” Naturally, those projects that are heavy on technology and have a slow pace are marginalized.

4. Funds are “intensively allocated,” not blooming everywhere
Although liquidity has returned, it is not blooming everywhere like in 2021. The current capital operations are highly concentrated, only willing to invest in products that can create explosive dissemination in a short time. Coins with weak teams and no content production capability are like actors on stage who have lost their voice, completely forgotten.

5. Lack of “liquidation,” corpses remain unburied
Many half-dead coins have not been completely eliminated by the market, but because they have not undergone real liquidation and rebooting. Their foundations still control a large number of tokens, teams are inactive, and communities are silent. These coins are not “still alive,” but rather “cannot die,” like zombies on the blockchain, occupying resources with no potential for growth.

The True Path of Web3 is AI

The current Web3 industry seems lively, but in reality, it has lost its direction. The DeFi craze is endless, the NFT boom has receded, and concepts like modularity, public chains, and L2 are emerging one after another, yet the essence of technology and ecology remains stagnant. Amidst this noise, what truly has disruptive potential and can lead Web3 out of its predicament is not a 'faster chain', but the deep integration of AI.

The ideal of Web3 is 'decentralized autonomy', but most current chains still heavily rely on manual operations, foundation decisions, and manual governance. Governance DAOs are stagnant, contracts are rigid, and network scheduling is inefficient. The core issue of these problems is the lack of true intelligence. The arrival of AI can precisely fill this gap.

AI can enable chains to have self-optimizing capabilities. By analyzing network status, user behavior, and economic models, AI can dynamically adjust transaction fees, block parameters, and even consensus strategies, achieving a truly 'adaptive chain'; at the smart contract layer, AI can construct 'dynamic contracts' with contextual understanding and predictive capabilities, making the chain no longer a cold executioner of code, but a discerning economic participant.

More importantly, AI can reshape the governance structure of Web3. Traditional DAO voting is inefficient and of poor quality; AI can take on roles of data analysis, suggestion generation, and risk assessment, becoming the central brain of on-chain governance. In scenarios involving content, creation, finance, and more, the combination of AI and blockchain can also lead to large-scale decentralized intelligent agent systems, achieving a truly decentralized Web3 application ecosystem.

In short, AI is the key leap for Web3 to evolve from a 'passive executing network' to an 'intelligent autonomous system'. Without AI, Web3 can only be an illusion of inefficient database democracy; with AI, Web3 can potentially become a genuinely next-generation intelligent network civilization. The future is not about chains being faster, but about chains being 'smarter'. This, is the way forward.

Ethereum Will Ultimately Die from EVM

Once, Ethereum was synonymous with blockchain innovation, introducing smart contracts, driving the DeFi and NFT waves, and building a massive ecosystem. Ironically, today, Ethereum's most fatal shackles are its very foundation of success - the "Ethereum Virtual Machine" (EVM). This architecture, born in 2015, still dominates the entire Ethereum and its hundreds of "compatible chains," becoming the biggest obstacle to technological advancement.

The EVM is outdated in design, inefficient, and offers a poor developer experience. It cannot process tasks in parallel, has a poor language (Solidity is akin to a toy language), and developers face various quirky bugs and an opaque gas model. In stark contrast, the rapid development of emerging VMs like Solana, Move, SVM, and WASM provides real performance, modern language capabilities, and composability. This not only enhances user experience but also opens up greater imaginative space for developers.

However, Ethereum is bound by its own ecosystem, unable and unwilling to break free from EVM. To maintain "backward compatibility," it forcefully crams new technologies like ZK, Rollup, and modularization into the old architecture, resulting in an explosion of complexity, no improvement in performance, and further exacerbating fragmentation between chains and user confusion. The so-called "L2 Spring" is merely a compromise product of EVM's difficulty in scaling, ultimately leading to the migration of capital and users to more advanced chains.

EVM is Ethereum's protective shell, and also its poison. If Ethereum cannot complete a self-revolution in paradigm and continues to indulge in the illusion of EVM compatibility, it is destined to be marginalized and replaced in wave after wave of technological iterations, until it dies within the cage it has created. What truly kills Ethereum is not its competitors, but EVM itself.

Stagnation of Innovation, Capital Flight: Liquidity in the Crypto Space is Gradually Drying Up

The crypto space once attracted global capital due to technological innovation, from Bitcoin to Ethereum, and then to DeFi, NFT, and GameFi. Each wave of narratives brought liquidity and excitement. However, today the industry is stagnant: EVM dominates everything, developers are forced to revolve around Solidity, and the space for innovation is compressed; what are called new public chains are just old technologies repackaged, with 'compatible with Ethereum' becoming a conservative fig leaf.

Project teams no longer focus on fundamental breakthroughs but rather on marketing, airdrops, and narratives; funds no longer favor genuine developers but chase speculative plays that can cash out quickly. Over time, with no technological progress and no user surprises, liquidity naturally shrinks. Capital is not heartless but is making a rational vote against weak innovation. Money is not scared away by the 'bear market' but is driven off by 'copy and paste.'

Liquidity is not built up by marketing hype but is based on the expectation of future technological dividends. If the crypto space does not return to being technology-driven, abandon its dependence on EVM, and redefine the paradigm of chains, it will only accelerate its decline. Without innovation, there is no funding; without breakthroughs, there is no future.

Really good things do not need backward compatibility: The way out for blockchain is not EVM compatibility

In the history of computer development, what truly drives progress is never "compatibility".

Windows became mainstream not because it was compatible with DOS, but because it completely surpassed DOS;
When the iPhone first emerged, it unreservedly discarded the interaction logic of the button phone era—this is a paradigm shift.

However, today’s blockchain is trapped in a strange path dependency: as long as it is a new chain, it must be compatible with EVM.
The reason sounds reasonable: ecosystem, developers, toolchain...
But the fact is, EVM is essentially a low-performance single-threaded interpreter from 2014,
When it was created, it didn’t consider basic principles of modern computing architecture such as parallelism, resource isolation, and secure sandboxing at all.
What you see as “compatibility” is actually tying a modern engine to old-fashioned carriage wheels.

If a new chain is merely compatible with the defects of the old era, it will forever languish under the old narrative.

Rather than making a “faster Ethereum,” it is better to redefine “what true Web3 is.”

The new chain we need is not a “compatible plugin” tethered to ETH,
but a new paradigm with native concurrent scheduling, asynchronous execution, secure isolation, stateless operation, and high resource utilization.

It should be a platform that allows developers to “fall in love with writing contracts again” rather than a backup that involves “painful compromises during migration.”

True innovation never requires backward compatibility.

Because the essence of innovation is to break old frameworks and bring unprecedented capabilities and imagination.

The ETH L2 track has completely cooled down

Once regarded as the savior for Ethereum's scalability, the Layer 2 (L2) track is gradually losing its former heat. Projects like Optimism, Arbitrum, and ZkSync continue to evolve technologically and reach new highs in TVL, but real user growth has stagnated, ecological innovation is lacking, and airdrop farming has become mainstream, leaving behind the illusion of a "decentralized bubble."

The original intention of L2 was to alleviate the low TPS and high Gas issues of Ethereum L1. However, this "outsourced execution" architecture is essentially a compromise on Ethereum's inherent performance deficiencies. The reality is that the coexistence of multiple chains has led to fragmented user experiences, inconvenience in cross-chain asset transfers, and frequent security risks. L2 has not unified standards and has instead created new "on-chain islands."

Meanwhile, the Ethereum mainnet is advancing underlying scalability upgrades such as Proto-Danksharding. Once TPS increases and data costs decrease, the core value of L2 will be reconstructed by the main chain. Additionally, with high technical barriers and ZK solutions not yet fully commercially available, L2 projects rely more on capital-driven incentives and airdrop stimulation rather than real demand for sustenance.

L2 is not a false demand, but it has evolved into a transitional product. When infrastructure is complete and performance bottlenecks are eliminated, the marginalization of L2 may become inevitable. The track is not necessarily "dead," but the narrative has completely cooled down. The real future may belong to a new paradigm that is more foundational and integrated.

SOL Is Closing In on ETH

Solana's VM (commonly referred to as Solana Runtime or BPF VM) is more advanced than Ethereum's EVM in several aspects, mainly reflected in performance architecture, parallel processing capability, and underlying design. Here are some of its main advantages over EVM:

1. High-performance Execution: Native Support for Parallel Processing

Solana VM (BPF VM): Based on Berkeley Packet Filter (BPF) technology, it significantly increases throughput through the mechanism of 'parallel execution of transactions'. With 'read-write set analysis between transactions', as long as two transactions do not access the same account or state, they can execute simultaneously.

EVM: Transactions within each block are executed serially, regardless of whether there are dependencies between them, which significantly limits performance.

2. Parallel Execution Engine Based on Account Model Design

Solana: Each transaction explicitly specifies the read and write accounts, allowing the VM to statically analyze whether there are conflicts between transactions. This 'deterministic account declaration' mechanism is a prerequisite for parallelization.

EVM: Any transaction can dynamically read and write the state of any address, making it impossible to statically determine dependency relationships before execution, hindering parallelism.

3. Low Latency, High Throughput

Solana: Block time is ~400ms, with a target processing capacity of up to 50,000 TPS (theoretically). Uses an optimized mempool and Gossip network broadcasting mechanism.

Ethereum (Post-PoS): Average block time is ~12 seconds, with TPS typically around 10–30 (excluding L2).

4. More General Language Support and Compilation Targets
Solana VM: Supports the development of smart contracts using languages like Rust, C, C++, compiled to eBPF, providing better performance.

EVM: Mainly uses Solidity and Vyper, compiled to bytecode, with more limited language choices and extensibility.

5. Closer to Low-level Hardware Optimization

The design of BPF VM is closer to the architecture of operating system kernels (originally used for Linux kernel security tools), providing high-performance execution without sacrificing security.

Solana extensively employs modern system programming techniques such as concurrent scheduling and execution, memory pool management, and batch verification.

6. More Advanced State Storage Mechanism

Solana uses a high-performance account state storage + hash verification mechanism (combining RocksDB + Merkle Tree + snapshot), which is faster than EVM's current Patricia Merkle Trie and is more efficient in reading and recovery.