IamHarrie

Last year had a political shift that helped bring in a new wave of institutional building. Much of this work has focused on making existing systems reliable, compliant, and usable by institutions, particularly in the areas of stablecoins and payment coordination systems.
Here are five sectors that are likely to see greater focus, liquidity, and adoption going forward.
1. Stablecoins as a Global Payment Layer
One of the developments would be the use of stablecoins as a global payment layer built on crypto infrastructure, while remaining largely abstracted from users.
Over the past two years, stablecoin transfer volumes have exceeded those processed by Visa.
This shows that stablecoins are already operating as a parallel financial system rather than a theoretical alternative.
At the same time, TradFi companies are beginning to integrate crypto-based settlement into their existing payment rails. As this continues, application layers such as wallets, cards, and consumer platforms are likely to remain the primary point of user interaction, while stablecoins handle value transfer in the background.
Several blockchain networks are also beginning to issue their own native stablecoins to capture and accrue value generated by the activities on their networks, and more ecosystems will likely look to internalize settlement and liquidity.

2. Perpetual Markets and Asset Concentration
Perpetual futures markets account for a large portion of onchain trading activity. However, most of this activity is concentrated in a small number of assets.
Roughly 80% of all perps volume comes from Bitcoin. Around 15% comes from other major assets, while the remaining 5% is spread across smaller tokens that tend to experience short periods of activity before fading.
This pattern highlights that while new assets continue to appear, liquidity and sustained usage remain concentrated in established markets.
In addition to crypto-based perpetuals, equity-based perpetual products are beginning to emerge. Some platforms like Hyperliquid, tradexyz , RobinhoodApp and a couple of others have integrated or intend to offer exposure to traditional equities through crypto native systems.

3. Privacy and Confidential Transactions
As institutional participation increases, privacy has become a requirement.
Organizations need to protect sensitive transaction details while still allowing verification and compliance.
Confidential transactions are designed to meet this need. Rather than providing full anonymity, these systems allow transaction data to remain private while still being verifiable by authorized parties.
Several chains like Aptos and Sui have announced plans to integrate confidentiality into their tech stacks. This infrastructure will become an important part of future onchain systems, particularly for enterprise and institutional use.

4. Prediction Markets
Prediction markets continue to grow in usage and activity. A key change is that they are increasingly embedded into existing applications rather than operating as standalone platforms.
This integration makes them easier to access and use. They are being applied as tools to reflect shared expectations and sentiment across a range of topics, rather than as isolated products.

5. AI and Agent-Based Systems
AI agents and automated services are still early in development. Many approaches are being tested, and there are not too many single dominant models yet.
Crypto infrastructure provides tools for coordination, verification, and incentive design within these systems. The efforts of builders right now are focused on building dependable components that support more complex interactions over time, especially in payment and service networks.

A Word for Builders
As these systems mature, attention shifts from infrastructure to application and execution. For startups building in this environment, three objectives remain consistent.
→ Build a product that people want. The product should address problems that matter to users.
→ Second, build a community around the product. A strong community helps with feedback, distribution, and trust. When possible, this community should benefit from network effects, where the product becomes more valuable as participation grows.
→ Third, give ownership to the community. Ownership can help bootstrap early adoption and align incentives between builders and users.
The next phase is likely to be defined less by new ideas and more by how effectively these systems are combined, scaled, and tested in concrete use cases.

تدفق السيولة والإيرادات إلى السلسلة ورموز الميم مرتبط بشكل كبير بنشاط واحد: المضاربة. ومن المحتمل أن تستمر لفترة، لأن الناس سيرغبون دائمًا في المضاربة على الاتجاهات والأحداث وحتى الأخبار.
قمت ببعض البحث ووجدت أن سوق الميمكوين يشهد انخفاضًا تدريجيًا. التقديرات المحافظة تضع خسائر المتداولين من سحب السجادة في عام 2025 بحوالي 8 مليار دولار، مع حدوث معظم الخسائر عندما أزيلت السيولة بعد الإطلاق، مما جعل الرموز مستحيلة البيع. ومن المremarkable، تم تنفيذ 93% من عمليات سحب السجادة هذه في أقل من ساعة.

قصة نجاح البلوكشين الأكبر التي ربما لم تلاحظها هي معالجة المزيد من المعاملات اليومية مقارنة بمعظم طبقات 1 مجتمعة. لم يكن لديها أي وقت تعطل منذ البداية، وتمتلك حوالي 42% من إجمالي عرض USDT، وتسوي ما يقرب من ثمانية تريليون دولار كل عام.

العمل بهذه المقياس وما زال الحفاظ على ولاء المستخدمين أمر مثير للإعجاب. لكن كيف تم بناؤه، وكيف استمر في النمو؟
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ميزة المتقدم الأول
صعود ترون كالشبكة المهيمنة على USDT ومدفوعات العملات المستقرة متجذر إلى حد كبير في التوقيت والتنفيذ. تم تأسيسها حوالي عام 2017 وأصبحت شبكة رئيسية من طبقة 1 أقرب إلى عام 2018، ودمجت USDT في نفس الوقت مما منحها ميزة قوية كمتقدم أول.

الادعاء الشائع بأن فترات انتباه البشر تتقلص إلى أقل من تلك الخاصة بأسماك الذهب هو سرد مريح، لكنه لا يتحمل التدقيق، لأن الأدلة تشير إلى أن قدرتنا على التركيز لم تتناقص، بل أننا أصبحنا أكثر انتقائية بشأن ما يستحق وقتنا وتركيزنا.
يخلق هذا التكيف أسواق رأس المال الانتباهي، حيث يصبح التركيز البشري الشكل الجديد للقيمة بدلاً من المال.
لقد كان ذلك يتكشف لسنوات حيث تعلم الإنترنت كيفية تسعير التركيز البشري. تجعل المنصات الاجتماعية مثل تيك توك هذا مرئيًا، حيث تحول الانتباه الملتقط إلى إيرادات بكفاءة صناعية. ومع ذلك، فقد انخفضت نافذة الانخراط إلى ثوانٍ قليلة فقط. مع انخفاض تكاليف إنتاج المحتوى بفضل الذكاء الاصطناعي، يصبح الانتباه بشكل متناقض أكثر ندرة، مما يزيد من قيمته.

Building a payment product for stablecoins requires a sharp focus on the US dollar. Unlike other digital assets, stablecoins are primarily used as a proxy for cash, and their value proposition hinges on trust, liquidity, and speed.
Institutions are drawn to stablecoins not for speculation alone but because they provide immediate settlement, transparent transaction records, and lower costs for cross-border payments.

They are particularly attractive in markets where access to traditional US banking is limited, offering both efficiency and inclusivity.
Stablecoins democratize access to the US dollar, creating a bridge for underbanked populations. They allow users to hold dollar-denominated assets while also tapping into yield opportunities in decentralized finance markets.
This dual function—access to stable value and potential returns—positions stablecoins as both a financial utility and a strategic instrument, aligning with broader economic interests. As demand grows, it could also strengthen the global influence of the US dollar.
Within the stablecoin economy, two major players dominate:
USDC and Tether.
While USDC primarily serves domestic markets in the United States and Europe, Tether has emerged as the global standard. Its widespread adoption in Latin America, Africa, and Southeast Asia highlights the importance of network effects in payments.
Institutions seeking a reliable and broadly accepted digital dollar often find Tether’s reach and liquidity unmatched. For a global stablecoin payment product, focusing on USD-denominated assets is not optional—it is essential.
Existing blockchain infrastructures, however, pose limitations for payment-focused applications. Ethereum, while secure and decentralized, is often too costly and slow for high-volume transactions.

Tron offers faster and cheaper transfers but has legacy constraints and uneven trust among users. These gaps motivated the development of Plasma, a purpose-built blockchain designed specifically for stablecoin payments.
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Plasma prioritizes fast, low-cost, and gasless transfers for USDT, ensuring that sending money is seamless and efficient. Beyond speed and cost, the chain addresses privacy, regulatory compliance, and liquidity management. Its architecture separates transaction validation into specialized validator sets, enabling smooth and secure payment flows while preventing network spam.
Plasma also leverages Bitcoin’s security through bridging and state proofs, providing an added layer of trust and immutability.
The path to adoption is deliberate and strategic. Plasma targets both crypto-native users and local payment infrastructures, especially in regions with high stablecoin usage. By embedding itself into existing financial flows and building strong partnerships, Plasma seeks to become a practical alternative to legacy systems without relying on a broad but superficial deployment of protocols. Its goal is not merely to exist but to deliver meaningful value to users and institutions alike.
The business model emphasizes decentralization over profit extraction. Plasma is designed to be governed by the community, gradually transitioning control to users while maintaining network integrity. This approach mirrors the broader philosophy of blockchain: value creation through utility, trust, and distributed governance rather than centralized control.
Looking ahead, @Plasma is positioned to redefine how stablecoins are used for payments. By combining speed, privacy, global reach, and a user-centric architecture, it addresses key limitations of existing chains while unlocking new opportunities for institutional and retail users.
The project shows that purpose-built infrastructure, when aligned with a clear use case and market need, can drive both adoption and innovation in the stablecoin economy.

#Plasma $XPL

مثلما يعد الإنترنت بروتوكولًا لربط جميع أجهزة الكمبيوتر وطريقة للتواصل بينها، فإن LayerZero هو بروتوكول يحدد طريقة للتواصل بين سلاسل الكتل أو إرسال بيانات الحالة بينها.
مبادئ التصميم الأساسية التي تكمن في جذور كل قرار تصميم يتم اتخاذه داخل LayerZero هي أن هذه البنية التحتية يجب أن تكون
غير قابلة للتغيير
مقاومة للرقابة

مفتوحة تمامًا.

يمكن لأي شخص التفاعل مباشرة مع LayerZero. يمكن لأي عقد ذكي وأي مستخدم استخدامه دون قيود.

بروتوكول لديه حالة دائمة على السلسلة. حتى إذا أوقف جميع المشغلين الحاليين بنيتهم التحتية، يمكن للمشاركين الجدد تولي الأمر وتشغيله. ستظل متاحة دائمًا للعمل من قبل أي شخص.

Plasma is a new Layer 1 blockchain built specifically for stablecoins and is going after a trillion dollar opportunity. It is already backed by major names like billionaire Peter Thiel and Paolo Ardoino, the CEO of Tether. Their goal is to build a stablecoin infrastructure for the entire global payment system.
What makes Plasma different and why is it positioned for a big win?
It all comes down to stablecoins, their market opportunity, and the early traction Plasma is already showing.
Plasma chain is purpose built for stablecoins and for creating the infrastructure of a global payment network. It is extremely fast, with around one thousand transactions per second, zero USDT transfer fees, and block times under one second. Being able to move any amount of money across the world for zero dollars is a major technological achievement.
It is EVM compatible, meaning it can plug directly into Ethereum, which has the largest total value locked of any blockchain. This allows Plasma to build a strong DeFi ecosystem immediately. Projects like Aave, Ethena, and Fluid are already committing to building on Plasma.
Plasma can also be thought of as a Bitcoin sidechain because it includes a native Bitcoin bridge. This allows it to access Bitcoin liquidity and bring it into Plasma, enabling users to earn yield and participate in DeFi more easily than before.
It currently supports over one hundred countries and over one hundred currencies, allowing users to send funds globally at zero fees.
One of the most important features is confidential payments. Blockchains are powerful because of their transparency, but that does not fit the use case of a global payment network. Payments need privacy. Plasma is bringing private transactions to blockchain based payments.
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Stablecoins and the Market Opportunity
The question is whether stablecoins are truly a trillion dollar opportunity. I believe they are, and that we are already there. Stablecoins are becoming one of the largest global payment networks in the world. In the last twelve months alone, stablecoins moved over thirty three trillion dollars, more than PayPal and Visa combined.
Stablecoin companies mint one digital dollar for every real dollar deposited and invest those dollars primarily in Treasury bills. This has made them some of the largest holders of US government debt.
Stablecoins succeed because they allow money to move in seconds with very low fees. Compared to traditional systems, which still take days and charge unnecessary costs, stablecoins already feel like modern financial infrastructure.
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Traction and Ecosystem
Plasma’s mainnet went live a couple of months back and is already among the largest blockchains by total value locked, reaching over seven billion dollars. This is remarkable when compared to chains like Base, Arbitrum, and Avalanche.
Before even discussing DeFi or token economics, Plasma’s fundraising model is worth noting. They sold 10% of the supply in a public sale at the same valuation as investors and capped individual participation.
This allowed everyday participants to benefit, not just venture capital. Many early contributors and community members also received significant airdrops, reinforcing community ownership and alignment.
Looking at the Plasma ecosystem, many major protocols are already preparing to deploy. These include leading lending platforms, major stablecoin issuers, and liquidity protocols like Curve and Pendle. Most of these projects operate at the intersection of DeFi and stablecoins, which aligns with Plasma’s purpose built design.
Users can already bridge into Plasma through existing infrastructure and deposit stablecoins into protocols earning yields around 25%. In a volatile market, this is one of the highest yield opportunities available on relatively low risk assets.
@Plasma 's token distribution allocates ten percent to the public, forty percent to growth and investors, and the remainder to team and long term incentives. Public sale participants received immediate liquidity outside the United States, while US participants have a twelve month lockup.
Despite its early traction, Plasma is still ranked outside the top fifty projects by market capitalization. Given its scale, backing, and adoption, it is difficult to justify its current position relative to many older or less relevant projects. This suggests there may still be time to build exposure before broader market recognition.
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Moving Forward
Plasma is not only infrastructure for stablecoins. It is also evolving into a digital bank. Users will be able to hold stablecoins, earn yield on balances, receive cashback, and spend globally through a card, all with zero fee transfers and support across more than one hundred fifty countries.
The most important takeaway is that stablecoins are already the number one real world use case for crypto. Plasma is building the blockchain designed specifically for that reality.
$XPL #Plasma

سواء كنت تبني أو تستثمر أو تتواصل، هذه هي المؤتمرات الرئيسية التي يمكن أن تحدد السرد في 2026.


فبراير 2026
9–11 فبراير: مؤتمر AIBC العالمي
10–12 فبراير: مؤتمر Consensus2026
17–21 فبراير: إيثريوم دينفر
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مارس – أبريل 2026
30 مارس – 2 أبريل: Eth CC
15–16 أبريل: أسبوع باريس بلوك
27–29 أبريل: مؤتمر البيتكوين
29–30 أبريل: توكن 2049
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مايو – يونيو 2026
5–7 مايو: مؤتمر Consensus2026
1–3 يونيو: مؤتمر AIBC العالمي
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يوليو – أغسطس 2026
21–22 يوليو: مؤتمر المستقبل

بيتكوين وإيثيريوم يتداولان في ما يبدو أنه تصحيح ومرحلة إعادة تجميع بدلاً من قمة سوق واضحة أو قاع سوق دب عميق. بيتكوين انخفض بحوالي ثلث من أعلى مستوى له على الإطلاق في أكتوبر 2025 والبالغ 126,100 دولار بعد تصحيح قدره حوالي 36%، لكنه لا يزال مرتفعًا حوالي أربع إلى خمس مرات من أدنى مستوى في 2022 بالقرب من 16,000 دولار.
انتهى عام 2025 بشكل طفيف سلبي بالنسبة لبيتكوين، وهو أمر غير معتاد في عام ما بعد نصف المكافأة. يدعم هذا الفكرة بأن دورة نصف المكافأة القديمة التي تستمر لأربع سنوات لم تعد المحرك الرئيسي للسعر. تظهر تقييمات السلسلة أن بيتكوين يتداول فوق سعره المدرك، مما يعني أن حامل المتوسط لا يزال في ربح. عادةً ما يرتبط هذا النوع من البيئة بالتوحيد أو التراجع في الدورة المتأخرة بدلاً من القيعان الكبرى.

Over the last few months, we have seen a strong rise in onchain perp DEXs, with a good number of them developing their own competitive moats and capturing market share.
In 2025, trading volume on perp DEXs reached a record $12.09 trillion, having reached 65% of total lifetime volume within a single year.
At the most basic level, perpetuals allow people to trade with more money than they hold by using leverage. Someone with $10 can open a position as if they had $200. That is why perps became popular in crypto. They literally give small traders more exposure.
Decibel is one of those DEXs. Although it is currently in testnet, it is one of the products an entire chain is bullish on, and there are a couple of amazing things up its sleeve.
If you have been around Aptos for a while, you will most likely be familiar with the term Global Trading Engine. The idea is that anything you can do in the world can potentially be done more efficiently if everything is handled in a composable onchain way. Over time, Aptos has proven to be a good stack for onchain throughput and latency, which is an edge for products being built on top of it, Decibel being one of them.
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What’s the onboarding like?
This right here is one good reason, aside from having not so good products, why most people do not interact with certain apps. Some apps and products are built mainly for crypto native users, so a normie or someone who trades stocks and wants to try perps may experience friction at first.
While trying it out, I noticed one thing that was intentionally done to improve the user experience.
Normally, you need to download or have a specific wallet, since some wallets are chain specific. You also need to get some native token to pay for gas. So it is usually not as easy as just logging in and starting to use the app. It can take at least a couple of hours, or even a couple of days, if you do not already have an exchange set up to buy crypto.
But on Decibel, there are several wallet options to choose from. For normies, you can simply use Google sign in, and a wallet will automatically be created for you, tied to that particular social login.
A lot of users on chains like Solana or Ethereum, or any other chain, might not have an Aptos wallet. But they can just connect Phantom or MetaMask the same way they would connect to any other native dApp, and an Aptos wallet will be created for them.
You don’t need a new wallet to trade on Decibel. Fund from Aptos, Ethereum, Solana, or directly from a CEX. Cross-chain accounts on Decibel make it simple to position capital where you already are. Here’s a quick guide on how
When transferring USDC, you can move it across chains. Your USDC is burned on Solana and deposited on Aptos. In the same way, if you want to withdraw your USDC from your Decibel Aptos account, you transfer it back to your Solana wallet. This allows you to move funds easily between both chains without much being lost, and with most of the process abstracted away.
Also, Decibel works for both advanced traders and everyday users. You do not need to understand the technical side to use it. To make things easier, the team shares simple tutorial videos that show how the product works. These videos are posted on Decibel’s X account.
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Trade Execution Speed
I mentioned earlier that Aptos is a good tech stack for building products that depend heavily on speed and efficiency. Across their timeline, there are upgrades aimed at beating previous records in sub second finality.
This feature right here is another edge Decibel is leveraging.
Personally, I am not a fan of leverage above 20x or 30x. If you are going to trade with 50x, 100x, or more, execution has to be extremely fast, because a literal second can mean blowing up your portfolio. Your PnL card could look really good or really nasty because of this.
Speaking of which, the PnL card is really cool. I took a trade on BTC, and it is green right now.

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User Interface
Who does not love good design?
I would give the design team their flowers. The frontend design is impressive and runs without lag.

If there is one tab that does not work properly, it is the Points tab, which is a sub tab under “More”.
That would probably be integrated somewhere close to mainnet launch.
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Feedback and Iteration
Successful Web3 products do not grow only by having amazing features. They grow through people who feel involved in the product. Decibel is being developed in public, with early testers, builders, and traders invited to try it out.
This creates feedback loops that help the team build a better product that people love and iterate toward a higher level of utility.
A few weeks back, I noticed a bug in one of my market orders. The liquidation price was not consistent before and after executing the trade. A different liquidation price would show up once my trade was executed.
Here it is.

I gave the team feedback, and it has now been corrected.

It has been rectified
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Final Takes
Perps today mostly cover crypto assets, but long term, the same trading model on Decibel can apply to real world assets and traditional markets. Imagine idle liquidity on Decibel earning yield. It is all part of the plan.
This is what it looks like when infrastructure, user experience, and composability are treated as one system.

تركز المحادثة حول اعتماد العملات الرقمية المؤسسية على مجموعة ضيقة من المعايير الفنية. السرعة، وقدرة المعالجة، وكفاءة التكلفة هي جميعها صفات مهمة لمجموعة تقنيات قوية، ويمكن أن تحسن المنتجات المبنية على قمتها. ومع ذلك، تتعامل هذه العوامل مع قضايا ثانوية بدلاً من المشكلة الأساسية.
الحاجز الأساسي هو هيكلي. لا تستطيع معظم هياكل سلسلة الكتل الحالية التوفيق بين الشفافية التي تتطلبها الهيئات التنظيمية والسرية التي تحتاجها المؤسسات.