Written by: Haotian
If you don't want to become a slave to the emotions of the secondary cryptocurrency market, you must think clearly about these questions:
With the complete financialization of BTC, ETH has almost become the leading asset for on-chain innovation in the crypto space. So, under the upcoming trend of RWA where everything goes on-chain, if ETH is not worth holding, what other assets are worth holding?
Since there is faith in the heart, it must be clear that faith needs to be redeemed with time and fluctuations;
If it's zero, why are more and more altcoins emerging? It's naturally demand that determines supply. If it's not zero, why has making money with altcoins become an extremely difficult task?
Rather than fighting against counterfeits, it is more practical to adjust expectations towards them.
The prosperity of infrastructure in one round after another actually awaits the explosion of the application market to take over. If it does not come for a long time, there will be a long vacuum period. This is the crux of the bottleneck that technological innovation encounters after MEME, and it is also the truth that liquidity maintenance is increasingly short.
Perhaps we have all misjudged this market cycle, and before true “innovation” is revealed, the bull market has never really arrived;
Originally, we experienced the prosperity of DeFi and NFT innovations in the Ethereum ecosystem, the MEME Season of Solana, and a period of high-profile “pseudo-innovation” with Bitcoin inscriptions, not to mention the rise of Hyperliquid. However, ever since the liquidity war of “Let the bull market happen on BSC” started, everything has changed.
In business, BN has proven itself as a company, but as an industry leader, BN should learn a term: “positive externality.”
The last cycle was dominated by decentralized architecture, research-driven institutions, and community-emerging innovations, but as attention and efficiency became the new catalysts. With successful stories led by a series of commercialization-oriented organizations, it is clear that pure research-driven approaches are no longer suitable for the new environment.
But don't forget, Uniswap, ENS, and others were not planned by VCs; they were born in that “inefficient yet full of possibilities” era. Decentralized innovation research and commercially oriented scalable resources and execution have never been antagonistic; their synergy is the future.
Above.
There are no standard answers to these questions, but you must have your own answers.
Which truly valuable coins should one hold, which communities should one mix with, what technological narratives should one pursue, and how to navigate the fluctuations of rise and fall with ease…
Behind these choices lies a test of your understanding of the essence of Crypto. If you don't want to be enslaved by emotions, you need to first clarify what exactly you believe in and what you are waiting for.