MoonMathMagic

In recent times, a vague sense of frustration has been circulating within the Ethereum community. On one hand, technical discussions are in full swing—Rollup, ZK, PBS, Interop... a never-ending stream of upgrade paths that seem grand and cutting-edge; on the other hand, voices of doubt are fermenting—why is Ethereum always so "slow"? Why is the token price lackluster? Is the Foundation too arrogant?
This sense of division points to a deeper issue: Is Ethereum truly evolving, or is it regressing?
But if we examine this question over a longer time horizon, we will find that the so-called "regression" is actually a misinterpretation of values.
Community Dilemma: Why the Rise of High-Performance Public Chains Leads Ethereum into Self-Doubt
In the past year or two, it seems that Ethereum has faced an unprecedented "performance anxiety."
Solana breaks TPS records, Sui optimizes latency,

Elon Musk highlights that his wealth is predominantly tied to Tesla and SpaceX's stock, emphasizing that true value creation comes from actual production rather than speculation. This contrasts with ideas like Bernie Sanders' wealth redistribution, showcasing a philosophy focused on expanding industries and shared benefits for all shareholders.

a16z's industry insights released in early 2026 compile the latest assessments from multiple teams on the crypto space. These predictions cover various dimensions such as AI agents, privacy fortresses, stablecoin innovations, and the evolution of trading platforms, collectively depicting a more intelligent, privacy-secure, and deeply integrated ecosystem with traditional finance.
The "Sage" model of AI agents: breakthroughs from theory to practice
The rapid advancement of AI research capabilities is fostering a brand-new "Sage" research style. By early 2026, consumer-grade AI models will be able to perform substantive research tasks, even autonomously solving Putnam problems (considered the world's most difficult university mathematics exam).
What does this capability mean? It signifies that AI is no longer just an auxiliary tool but has become an independent research assistant. Researchers can give AI abstract instructions similar to guiding PhD students, and the models often return comprehensive results.

Venture capital firm a16z recently released a major prediction for the crypto industry in 2026, gathering in-depth insights from multiple partners across the organization. The eight major trends pointed out in this forecast imply that the entire crypto ecosystem is facing a profound paradigm shift. From the homogenization dilemma of trading platforms to the rise of privacy competitiveness, from the economic impact of AI agents to the practical applications of zero-knowledge proofs, these trends reflect a core question: how should cryptographic technology be deeply integrated with the real world?
The true challenge in transforming trading platforms: intensified competition in business models
Currently, almost every successful crypto company is shifting towards becoming a trading platform. This phenomenon seems reasonable—trading is indeed the core function of the market. But what does this trend mean? Once "all crypto companies become trading platforms," what will the market face?
The answer is weakened competitiveness and hollow differentiation.

A recent data breach in France's tax authority, involving a former employee, revealed unauthorized access to sensitive cryptocurrency holder information. This incident highlights significant security risks for cryptocurrency owners and urges improvements in European tax authority security measures.

The U.S. Senate's cryptocurrency market structure bill is generating significant industry interest. Analyst Alex Thorn highlights that the vote outcome could greatly impact market prices, with potential for shifting market sentiment. The bill's uncertain progress may lead to volatility, affecting investor confidence.

Analysts in the crypto market may face constraints based on their professional roles. Ki Young Ju pointed out that Tom Lee's bullish predictions may reflect pressures from his sell-side position, highlighting the impact of job responsibilities on market forecasts.

This article provides a list of blockchain query tools covering multiple areas such as on-chain data, trading行情, DeFi, NFT trading, etc., helping investors quickly identify suitable platforms, improve data acquisition efficiency, and optimize investment decisions.

Elon Musk becomes the biggest winner globally in 2025, with his net worth soaring from $421 billion to $500 billion, marking the first time this milestone has been surpassed in history. Global wealth growth is primarily concentrated among a few American billionaires, with the top ten winners in the US accounting for 85% of the growth. Stock market prosperity has driven wealth, especially with growth in the technology sector fueling wealth circulation, and Musk has become a representative of this trend.

Zero-Knowledge Proofs (ZKP) are an innovative technology that allows the proof of truthfulness without disclosing information, and they are utilized in various fields such as financial transactions and personal authentication. In particular, ZK Rollups are a technology with the potential to solve Ethereum's scaling issues while balancing privacy and transparency.

El Salvador will make Bitcoin and AI the two pillars of national development by 2026, achieving financial sovereignty and technological innovation. The country continues to increase its Bitcoin holdings and expects economic growth. Additionally, it collaborates with xAI to enhance education and reshape governance frameworks. This strategy suggests that Bitcoin is gradually becoming a national reserve asset rather than a speculative tool, demonstrating the potential for global financial innovation.

Bitcoin is currently priced at $93,030, down more than 7% from its all-time high, with the market focusing on the $70,000 support level. Institutional involvement continues, although redemption pressure for Bitcoin spot ETFs has increased, some institutions are still buying, indicating growing market divergence. On the technical side, there is pressure, and further volatility is possible. Analysts predict that if it drops to $70,000, the long-term logic remains solid, and future trends will be a key point to watch.

2026 will be crucial for the US cryptocurrency industry, with the legislative process facing tight timelines and disagreements. The bill needs to reconcile different versions from the Senate and House, with the regulation of interest-bearing stablecoins becoming a contentious issue. Meanwhile, conflicts of interest between the crypto industry and traditional banks are intensifying. Political and institutional personnel crises add uncertainty to the legislation, with experts warning that without swift action, future regulatory clarity will face significant challenges.

Bitcoin's performance in 2025 has been poor, mainly due to the contraction of US dollar liquidity rather than issues with Bitcoin itself. During liquidity tightening, Bitcoin bears the brunt, while gold and the Nasdaq rise against the trend supported by central banks and government backing. In 2026, the expected expansion of liquidity may reverse Bitcoin's sluggish situation.

The Bitcoin network faces long-term risks from quantum computers, especially the P2PK addresses held by Satoshi Nakamoto that could be cracked. Although most Bitcoin are stored in more secure addresses, approximately 4 million BTC still face potential risk. In response, early holders are optimistic, believing that any potential price drops could be a good buying opportunity, and that the security of the Bitcoin network will not be fundamentally affected.

Market at a Turning Point
In the second half of 2025, the clash between the cryptocurrency market and traditional finance was not just a market event but signaled the beginning of a fundamental restructuring of the global economic system. A major forced liquidation event on a certain day completely shattered the leverage-dependent speculative trading model. This marked the end of the first phase of the growth model, and the market inevitably transitioned to the next stage.
Coinbase's "2026 Cryptocurrency Market Outlook Report," released at the end of the year, provides a relatively objective depiction of the industry's state during this transitional period. The most important indicator suggested by the report is data related to stablecoins. As of Q4 2025, the global stablecoin supply

The essay explores the rise of PumpFun, a platform for creating MemeCoins, and highlights the associated risks of scams like rug pulls. It warns that most investors incur losses and provides strategies for avoiding fraud through diligent research and risk management.