In a recent interview, Vitalik stated that the Ethereum POS upgrade is unrelated to price fluctuations, and the key lies in whether ecological applications can create long-term value for ETH. Regarding the issue of L2 liquidity fragmentation, he proposed optimizing cross-chain experiences through technologies like the Open Intents Framework and emphasized that L1 needs to take on more roles to ensure the value of ETH. Additionally, he suggested that developers focus on high-level applications of cryptographic technologies like ZK, while pointing out that AI will lower the development threshold and promote the emergence of "super individuals." Finally, he called on developers to build applications that combine practicality with sustainable business models to promote the healthy development of the Ethereum ecosystem.

Despite the constant rotation of market styles, a group of early-launched projects has regained significant attention from investors and users recently, thanks to their solid product foundation and sustained community enthusiasm, demonstrating strong vitality and narrative extensibility.

"The EU not only views cryptocurrencies as a new asset class but is also focusing on how tokenization and distributed ledger technology are reshaping traditional financial infrastructure."

Currently, although the cryptocurrency market shows signs of recovery, opportunities for "quick profits" remain scarce. The much-anticipated altcoin boom has yet to arrive, and new market narratives and hotspots have not yet formed. Retail investors are facing difficulties: "haircutting" has become increasingly competitive, returns from new projects have shrunk, and issues such as project scams and security problems are emerging one after another. A small misstep could lead to losses.