In recent days, observing DUSK's performance on mainstream exchanges, the continuous increase of 40%-50% over several days is truly unexpected. As an experienced investor who has witnessed major waves in the crypto space, I am somewhat moved by this trend—whether it signals a large-cycle recovery or is driven by concentrated capital inflows.

Actually, I started paying attention to this project last year when it was still quite obscure. The privacy coin sector itself is somewhat awkward: purely anonymous projects often face regulatory crackdowns, with many exchanges delisting them; meanwhile, overly compliant solutions end up being similar to traditional financial institutions, losing the core value of blockchain.

DUSK's differentiated approach is indeed interesting—the concept of "programmable privacy." Simply put, users' transaction privacy is protected flawlessly during normal operations, but when institutions need to audit or verify compliance, they support a "selective disclosure" feature. Users can authorize regulatory agencies to see only the necessary data with a single click, without exposing core asset details. Institutions are particularly fond of this logic because it is a critical bottleneck for large-scale RWA (Real-World Asset) on-chain implementation—without this audit channel, institutional funds cannot move.

Recently, after carefully reviewing community and official updates, this wave of market activity is not purely driven by sentiment but is the result of several technical milestones being realized: the mainnet performance exceeding expectations, ecosystem collaborations accelerating...