evinlin
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The meme flipping looks great because it can pull back with heat, like the thrill of opening a blind box. But if you really want to stick with a project long-term, the most valuable thing is not a one-time surge, but whether its processes can develop into a habit. The flipside of a route like dusk_foundation will not be a sudden big bullish candle, but one day you discover that its key links start to happen repeatedly, becoming more and more like infrastructure.
You should closely monitor Dusk for three aspects of 'repeatability'.
The first is the repeatability of compliant asset links.
It’s not just about announcing a partnership once, but whether the processes of issuance, settlement, and data release can continue to run, and whether new assets and participants can continuously be integrated. The hardest part of compliant assets is not just issuing them, but being able to trade, account for, and audit them afterward. As long as this link starts to become a daily action, the market's understanding of DUSK will shift from concept to process.
The second is the repeatability of privacy capabilities.
Dusk emphasizes not hiding everything, but that sensitive information can be protected and rules can be verified. Once privacy becomes a callable module at the execution layer, developers will use it as a tool rather than a promotional point. Tools will be repeatedly called, and repeated calls will lead to real interactions, and real interactions will bring about stable demand.
The third is the repeatability of cross-ecosystem scheduling.
Whether the mainnet is an island largely depends on whether capital dares to move back and forth. The clearer the channels and the more predictable the costs, the easier it becomes to normalize scheduling. Normalization means DUSK is more likely to see usage-based demand rather than relying solely on emotional trading.
So I have always felt that whether Dusk can flip is not a question of trending topics, but of repeatability. When you see the repeatability becoming stronger, it’s equivalent to seeing it transition from 'telling stories' to 'a runnable system'. When market sentiment warms up, such projects are often not the loudest, but they are very likely to be the ones that can attract capital.
@Dusk $DUSK #Dusk
You should closely monitor Dusk for three aspects of 'repeatability'.
The first is the repeatability of compliant asset links.
It’s not just about announcing a partnership once, but whether the processes of issuance, settlement, and data release can continue to run, and whether new assets and participants can continuously be integrated. The hardest part of compliant assets is not just issuing them, but being able to trade, account for, and audit them afterward. As long as this link starts to become a daily action, the market's understanding of DUSK will shift from concept to process.
The second is the repeatability of privacy capabilities.
Dusk emphasizes not hiding everything, but that sensitive information can be protected and rules can be verified. Once privacy becomes a callable module at the execution layer, developers will use it as a tool rather than a promotional point. Tools will be repeatedly called, and repeated calls will lead to real interactions, and real interactions will bring about stable demand.
The third is the repeatability of cross-ecosystem scheduling.
Whether the mainnet is an island largely depends on whether capital dares to move back and forth. The clearer the channels and the more predictable the costs, the easier it becomes to normalize scheduling. Normalization means DUSK is more likely to see usage-based demand rather than relying solely on emotional trading.
So I have always felt that whether Dusk can flip is not a question of trending topics, but of repeatability. When you see the repeatability becoming stronger, it’s equivalent to seeing it transition from 'telling stories' to 'a runnable system'. When market sentiment warms up, such projects are often not the loudest, but they are very likely to be the ones that can attract capital.
@Dusk $DUSK #Dusk
The most important thing about Plasma is not "another chain," but that it treats stablecoin settlement as its main business. What it pursues is not to pile up functions, but to reduce transfer friction, shorten paths, and make stablecoins go from "usable" to "default to use." When you are no longer distracted by choosing networks, cross-chain steps, and confirmation waiting, settlement can truly become part of daily life.
This path may not seem lively, but it is the easiest to form habits in the long run. Once funds treat a certain channel as the default route, later competitors will find it difficult to take it away with gimmicks. Plasma connects real liquidity through a low-friction base layer and richer upper-layer services, with a clear core goal: to allow stablecoins to dock, migrate, and exchange more smoothly on-chain, turning "moving house" into a seamless action.
If we were to summarize the project's conclusions in one sentence, it would be this: Plasma's value does not lie in creating excitement every day, but in making the simple task of stablecoin settlement reliable enough, cheap enough, and scalable enough. As long as real settlements continue to happen, network effects will slowly grow.
@Plasma
$XPL
#plasma
This path may not seem lively, but it is the easiest to form habits in the long run. Once funds treat a certain channel as the default route, later competitors will find it difficult to take it away with gimmicks. Plasma connects real liquidity through a low-friction base layer and richer upper-layer services, with a clear core goal: to allow stablecoins to dock, migrate, and exchange more smoothly on-chain, turning "moving house" into a seamless action.
If we were to summarize the project's conclusions in one sentence, it would be this: Plasma's value does not lie in creating excitement every day, but in making the simple task of stablecoin settlement reliable enough, cheap enough, and scalable enough. As long as real settlements continue to happen, network effects will slowly grow.
@Plasma
$XPL
#plasma
Those treating stablecoins as their main business are turning Plasma into a true settlement chain.
The most easily misunderstood aspect of Plasma is that many people only consider it as just another public chain. However, if you look down its product selection, you'll find it more like a settlement system designed for the liquidity of stablecoins. It doesn't attempt to cover all narratives with a thousand functions, but rather focuses its key resources on two main things: making stablecoin transfers feel like everyday actions and ensuring that liquidity can be utilized from day one.
This route seems simple, but the difficulty is high. Because stablecoins are not an asset type that can be simply 'available', they are the cash layer of the crypto world. The requirements for the cash layer are extremely strict: it needs to be fast, low-cost, highly certain, have short paths, and be able to withstand extreme peaks. More importantly, once the cash layer forms a habit, strong network effects will emerge, making it difficult for newcomers to change users' default paths. Plasma is betting on this; it is not just vying for attention, but for the default settlement path.
This route seems simple, but the difficulty is high. Because stablecoins are not an asset type that can be simply 'available', they are the cash layer of the crypto world. The requirements for the cash layer are extremely strict: it needs to be fast, low-cost, highly certain, have short paths, and be able to withstand extreme peaks. More importantly, once the cash layer forms a habit, strong network effects will emerge, making it difficult for newcomers to change users' default paths. Plasma is betting on this; it is not just vying for attention, but for the default settlement path.
Memes can also come back to life, but what truly makes it to the end of the turnaround only recognizes one thing.
You ask if memes can also turn around? Yes, and often they turn around especially vigorously.
But I want to say the most critical sentence up front.
Meme turnarounds rely on attention returning.
And what truly allows for a turnaround through cycles is the project making things into a repeatable link.
If you keep using the logic of memes to view all coins, you will easily fall into a loop.
When prices rise, you fear missing out; when they fall, you rely on faith to hold on; then when the hype dissipates, there is nothing left.
So in this article, I don't intend to teach you how to chase trends. I want to thoroughly explain the underlying mechanism of meme turnarounds, and then use the same standard to look at the dusk foundation. You will find it is taking a completely different path, and this path has a better chance of being repriced in the next stage.
But I want to say the most critical sentence up front.
Meme turnarounds rely on attention returning.
And what truly allows for a turnaround through cycles is the project making things into a repeatable link.
If you keep using the logic of memes to view all coins, you will easily fall into a loop.
When prices rise, you fear missing out; when they fall, you rely on faith to hold on; then when the hype dissipates, there is nothing left.
So in this article, I don't intend to teach you how to chase trends. I want to thoroughly explain the underlying mechanism of meme turnarounds, and then use the same standard to look at the dusk foundation. You will find it is taking a completely different path, and this path has a better chance of being repriced in the next stage.
After the sharp drop of Bitcoin, it rebounded, pulling the market's nerves to the extreme; the betting probability of 'Jesus Christ appearing in 2026' on Polymarket doubled in a short period, even being compared to Bitcoin's returns. These two things seem absurd, but they point to the same reality: the more intense the market, the more attention craves an exit that can be told as a story, and the more capital desires a channel that can quickly retreat and quickly attack again. The former feeds on emotions, while the latter feeds on survival.
The bizarre contracts of prediction markets can explode in popularity because they package extremely low probabilities into vast imaginative spaces, with prices doubling looking like a 'myth of returns', yet resembling attention self-anesthetizing in high volatility. Bitcoin's trend of first crashing and then rallying is even more brutal; it forces you to admit that you are not racing against opinions, but racing against time, and a slow step can be swallowed by volatility.
At this time, stablecoins and settlement infrastructure are the real trump cards. When crashes occur, people pull their positions back into stablecoins, and during rebounds, they rush back from stablecoins to risk assets. The more frequently this back-and-forth switching occurs, the more settlement friction will become an invisible cost. Networks like Plasma, which make stablecoin settlement their main business, become more like the answer in such market conditions; they do not provide miraculous narratives but offer smoother pathways for moving, allowing you to pay less when emotions flip.
Hot searches can be outrageous, and markets can be crazy, but what ultimately determines whether you can stay at the table is often not which story you bet on, but whether you have a sufficiently convenient way to move your money.
@Plasma
$XPL
#plasma
The bizarre contracts of prediction markets can explode in popularity because they package extremely low probabilities into vast imaginative spaces, with prices doubling looking like a 'myth of returns', yet resembling attention self-anesthetizing in high volatility. Bitcoin's trend of first crashing and then rallying is even more brutal; it forces you to admit that you are not racing against opinions, but racing against time, and a slow step can be swallowed by volatility.
At this time, stablecoins and settlement infrastructure are the real trump cards. When crashes occur, people pull their positions back into stablecoins, and during rebounds, they rush back from stablecoins to risk assets. The more frequently this back-and-forth switching occurs, the more settlement friction will become an invisible cost. Networks like Plasma, which make stablecoin settlement their main business, become more like the answer in such market conditions; they do not provide miraculous narratives but offer smoother pathways for moving, allowing you to pay less when emotions flip.
Hot searches can be outrageous, and markets can be crazy, but what ultimately determines whether you can stay at the table is often not which story you bet on, but whether you have a sufficiently convenient way to move your money.
@Plasma
$XPL
#plasma
Many people ask if memes can make a comeback, and I say yes, because the lifeblood of memes is attention. When attention returns, liquidity returns, and prices can surge. But don't forget, memes rely on popularity to make a comeback; they rise quickly but can also fall quickly, and the worst fear is a drop in popularity. If you really want to extend the cycle, you need to focus on another type of comeback, one that relies on a system to get going.
The logic of dusk_foundation is very typical; it doesn't rise based on jokes, but gradually accumulates along the 'hard link' of compliant assets on-chain. The three points it is currently strongly related to are:
The first is the compliant asset link. It doesn't just talk about the RWA concept, but pushes the necessary steps of issuance, settlement, and data publication along the same line. For institutions, simply issuing assets is not enough; whether they can be traded and settled later, whether they can be reconciled, and whether the data standards can be explained clearly are the thresholds. As long as this link continues to advance, Dusk will find it easier to transition from a small circle narrative to being the infrastructure that more serious funds pay attention to.
The second is privacy execution layer capability. What Dusk emphasizes is not hiding everything, but making sensitive information protectable and rules verifiable; this is the kind of privacy that can be used in compliant scenarios. Once privacy becomes a callable module for developers, it is no longer just a marketing term but will turn into a 'basic component' that is repeatedly used in the ecosystem.
The third is cross-ecosystem scheduling and real usage. If the mainnet is an island, it is very difficult for the ecosystem to grow. The clearer the channels and the more predictable the costs, the more willing funds will be to schedule on a daily basis. As the frequency of scheduling increases, DUSK is more likely to see stable usage demand, rather than relying solely on emotional trading.
So my understanding of 'making a comeback' is very simple. The meme comeback is a return of attention, while Dusk's comeback is about the link being established. The former profits from emotional differences, while the latter profits from structural differences. If you only want short-term excitement, just focus on popularity; if you want to cross cycles, then keep an eye on whether projects like Dusk have made the compliant asset link, verifiable privacy, and cross-ecosystem scheduling into a reusable system. If you can achieve this, the comeback will be slow but more solid.
@Dusk $DUSK #Dusk
The logic of dusk_foundation is very typical; it doesn't rise based on jokes, but gradually accumulates along the 'hard link' of compliant assets on-chain. The three points it is currently strongly related to are:
The first is the compliant asset link. It doesn't just talk about the RWA concept, but pushes the necessary steps of issuance, settlement, and data publication along the same line. For institutions, simply issuing assets is not enough; whether they can be traded and settled later, whether they can be reconciled, and whether the data standards can be explained clearly are the thresholds. As long as this link continues to advance, Dusk will find it easier to transition from a small circle narrative to being the infrastructure that more serious funds pay attention to.
The second is privacy execution layer capability. What Dusk emphasizes is not hiding everything, but making sensitive information protectable and rules verifiable; this is the kind of privacy that can be used in compliant scenarios. Once privacy becomes a callable module for developers, it is no longer just a marketing term but will turn into a 'basic component' that is repeatedly used in the ecosystem.
The third is cross-ecosystem scheduling and real usage. If the mainnet is an island, it is very difficult for the ecosystem to grow. The clearer the channels and the more predictable the costs, the more willing funds will be to schedule on a daily basis. As the frequency of scheduling increases, DUSK is more likely to see stable usage demand, rather than relying solely on emotional trading.
So my understanding of 'making a comeback' is very simple. The meme comeback is a return of attention, while Dusk's comeback is about the link being established. The former profits from emotional differences, while the latter profits from structural differences. If you only want short-term excitement, just focus on popularity; if you want to cross cycles, then keep an eye on whether projects like Dusk have made the compliant asset link, verifiable privacy, and cross-ecosystem scheduling into a reusable system. If you can achieve this, the comeback will be slow but more solid.
@Dusk $DUSK #Dusk
Will Jesus Christ appear in 2026?
After this round of Bitcoin's sharp drop and subsequent rebound, what is most unsettling is not the drop itself, but the abruptness of the rise immediately after the drop. It's as if it's reminding everyone that the market is not giving you time to think, but rather forcing you to make decisions in the shortest time possible. In early February, Bitcoin briefly rebounded from around $60,057 to about $70,334, with a daily volatility large enough to invalidate the logic of many positions on the spot, and it still has a lot of room to reach the previous peak.
At the same time, another stranger type of trading suddenly became a hot topic. There is a contract on Polymarket with the theme of whether Jesus Christ will appear in 2026. Its price once moved from about 1.8 cents to around 4 cents, implying an implied probability that rose from just over 1 to nearly 4, with an increase of more than double. The stage return calculated based on the contract price was even compared to Bitcoin. The cumulative trading volume of this contract approached one million dollars, and the discussion area was unusually active, reflecting the attention economy very plainly.
At the same time, another stranger type of trading suddenly became a hot topic. There is a contract on Polymarket with the theme of whether Jesus Christ will appear in 2026. Its price once moved from about 1.8 cents to around 4 cents, implying an implied probability that rose from just over 1 to nearly 4, with an increase of more than double. The stage return calculated based on the contract price was even compared to Bitcoin. The cumulative trading volume of this contract approached one million dollars, and the discussion area was unusually active, reflecting the attention economy very plainly.
On-chain dog fighting can go from 0.1 BNB to 1000 BNB in just one year.
You ask if a meme can make a comeback; my answer is yes, and it often does. However, many people understand a comeback as the price returning to a high point or even soaring to the heavens. In fact, a more realistic comeback is when it regains attention, re-attracts liquidity, and gets the market willing to bet on it again. The essence of a meme is not technology or a roadmap; it is more like a container of attention. When attention comes back, the price will have potential; when attention leaves, no matter how strong the belief, it cannot hold up.
The question is, why does attention come back? If you observe carefully every time a meme resurfaces, it is often not suddenly valuable, but suddenly has spread. Where does the spread come from? There are usually three triggers.
The question is, why does attention come back? If you observe carefully every time a meme resurfaces, it is often not suddenly valuable, but suddenly has spread. Where does the spread come from? There are usually three triggers.
Recently, the selection of the new chair of the Federal Reserve has stirred market sentiment again. The nomination of Kevin Warsh appears to be a personnel change on the surface, but in reality, it is a recalibration of expectations. Over the next few months, the market will continuously ask the same question: is the new team more inclined towards interest rate cuts for stimulus, or do they emphasize policy discipline and the pace of balance sheet reduction? Even if the final path does not take a dramatic turn, this uncertainty itself is enough to make funds more cautious, especially making the valuation logic of risk assets more selective.
What the crypto circle fears most is this kind of phase. In the past, everyone could rely on narratives to withstand fluctuations and use liquidity imagination to support valuations. Now, once in a picky mode, the market suddenly becomes very realistic: can projects actually generate replicable business loops, can they reconcile accounts, can they clarify data standards, can they allow institutions to complete transactions without exposing sensitive information while still meeting compliance verification? If these questions remain unanswered, the higher the heat, the faster the fall.
This is also why I am more willing to focus on the Dusk Foundation at this juncture. Its recent progress is clearly taking a hard line, not relying on promotions, but instead building an end-to-end pipeline for compliant assets on-chain. It collaborates with the regulated exchange NPEX to advance interoperability and data standards, incorporating cross-chain settlement and market data publishing into the framework, so that assets are not just issued and forgotten, but can be traded, settled, and continuously provide data to on-chain applications. The aspect of privacy is also not just a slogan; it turns confidential transactions into executable capabilities, with the idea that sensitive information needs protection, rules must be provable, and only auditable privacy has the potential for institutional adoption. Further down to a more grounded liquidity path, the bi-directional bridge connects the mainnet and external ecosystems, deducting 1 DUSK for each bridge, usually completed within a few minutes, with a minimum bridging amount slightly above 1 DUSK. Such clear and detailed rules are very valuable in uncertain environments, because what funds fear most is not spending a little cost, but process uncertainty.
@Dusk $DUSK
#Dusk
What the crypto circle fears most is this kind of phase. In the past, everyone could rely on narratives to withstand fluctuations and use liquidity imagination to support valuations. Now, once in a picky mode, the market suddenly becomes very realistic: can projects actually generate replicable business loops, can they reconcile accounts, can they clarify data standards, can they allow institutions to complete transactions without exposing sensitive information while still meeting compliance verification? If these questions remain unanswered, the higher the heat, the faster the fall.
This is also why I am more willing to focus on the Dusk Foundation at this juncture. Its recent progress is clearly taking a hard line, not relying on promotions, but instead building an end-to-end pipeline for compliant assets on-chain. It collaborates with the regulated exchange NPEX to advance interoperability and data standards, incorporating cross-chain settlement and market data publishing into the framework, so that assets are not just issued and forgotten, but can be traded, settled, and continuously provide data to on-chain applications. The aspect of privacy is also not just a slogan; it turns confidential transactions into executable capabilities, with the idea that sensitive information needs protection, rules must be provable, and only auditable privacy has the potential for institutional adoption. Further down to a more grounded liquidity path, the bi-directional bridge connects the mainnet and external ecosystems, deducting 1 DUSK for each bridge, usually completed within a few minutes, with a minimum bridging amount slightly above 1 DUSK. Such clear and detailed rules are very valuable in uncertain environments, because what funds fear most is not spending a little cost, but process uncertainty.
@Dusk $DUSK
#Dusk
When Bitcoin surged, many people thought it was sparked by news, but it actually seems more like funds suddenly moving more smoothly. The channels have shortened, the duration of positions has shortened, and the cash base of stablecoins can be adjusted at any time, leading to faster increases and quicker pullbacks. What you see is the price slope, but behind it, funds are switching more frequently between offense and retreat.
So in the upcoming market, there is no need to rush to give yourself a conclusion of 'must rise or must fall.' What is more likely to occur is high volatility and oscillation until the continuity of funds confirms the direction. What you really need to focus on is whether stablecoins continue to thicken, whether funds have shifted from wait-and-see to continuous net inflow, and whether the friction of each switch has been pressed down to a low enough level. The more the oscillation, the more moving happens, and the more important settlement becomes.
In such an environment, Plasma resembles a channel that facilitates smooth moving. When the market is hot, it accommodates the settlement demand for offense; when the market is cold, it accommodates the docking demand for retreat. The market may fluctuate repeatedly, but money will always find the easiest path. Whoever builds a smoother road will find it easier to be ahead in the next round of emotional recovery.
@Plasma
$XPL
#plasma
So in the upcoming market, there is no need to rush to give yourself a conclusion of 'must rise or must fall.' What is more likely to occur is high volatility and oscillation until the continuity of funds confirms the direction. What you really need to focus on is whether stablecoins continue to thicken, whether funds have shifted from wait-and-see to continuous net inflow, and whether the friction of each switch has been pressed down to a low enough level. The more the oscillation, the more moving happens, and the more important settlement becomes.
In such an environment, Plasma resembles a channel that facilitates smooth moving. When the market is hot, it accommodates the settlement demand for offense; when the market is cold, it accommodates the docking demand for retreat. The market may fluctuate repeatedly, but money will always find the easiest path. Whoever builds a smoother road will find it easier to be ahead in the next round of emotional recovery.
@Plasma
$XPL
#plasma
The real reason behind Bitcoin's surge is not the news.
The market in recent days feels like a breath of air that alternates between hot and cold; one second it's sinking, the next it's yanked up sharply. Bitcoin first dropped to a low close to sixty thousand, then rebounded to around seventy thousand on the same day, with the almost flip-flopping pull during the trading session prompting many to revisit an old question: why does Bitcoin surge?
If answered in one sentence, the version closest to reality is often not that good news has arrived, but that the flow of money has changed. A surge occurs when funds are willing to take on shorter-term risks and can complete offensives and retreats more quickly. It is not entirely macro, nor entirely narrative, and certainly not due to a big player suddenly showing kindness to pump the market. It is more like a system simultaneously meeting three conditions at a specific moment: a recovery in risk appetite, easier channels for buying, and a sufficiently thick layer of on-chain cash that can amplify actions.
If answered in one sentence, the version closest to reality is often not that good news has arrived, but that the flow of money has changed. A surge occurs when funds are willing to take on shorter-term risks and can complete offensives and retreats more quickly. It is not entirely macro, nor entirely narrative, and certainly not due to a big player suddenly showing kindness to pump the market. It is more like a system simultaneously meeting three conditions at a specific moment: a recovery in risk appetite, easier channels for buying, and a sufficiently thick layer of on-chain cash that can amplify actions.
The change of leadership in the Federal Reserve could be the biggest financial watershed this year.
In the past few days, if you've only been following the cryptocurrency market, you might feel like everyone is arguing about price fluctuations, who is getting liquidated, and who has been liquidated again. But the real larger undercurrent actually comes from the traditional finance side, where the Federal Reserve is about to experience personnel changes with the new chairman being officially on the table. The market is sensitive not because changing a person will immediately lead to interest rate cuts or hikes, but because it will trigger a collective repricing, forcing all risk assets to answer a question: what exactly makes you valuable.
Currently, public information shows that the White House has nominated Kevin Warsh as the next Federal Reserve chair, which still needs Senate confirmation, while the current chair, Powell, has a term ending around May 15, 2026.
Currently, public information shows that the White House has nominated Kevin Warsh as the next Federal Reserve chair, which still needs Senate confirmation, while the current chair, Powell, has a term ending around May 15, 2026.
For the industry and projects, what can transcend cycles is not emotion, but settlement efficiency and service capability. Plasma's current data, cross-chain capabilities, and institutional collaborations are at least directionally closer to this path. What it needs to prove next is whether these metrics can continue to grow, whether they can transition from on-chain data to real-world payments, and from internal crypto cycles to broader commercial settlements.
@Plasma
$XPL
#plasma
@Plasma
$XPL
#plasma
When domestic virtual currency regulation becomes stricter, market sentiment often cools down first, and many people think this is the end of the story. In fact, it is more like a selection process, bringing the models that survive in the gray area to the forefront and forcing people to confront two questions: Is the flow of money clear? Are the costs controllable? Are the risks predictable?
The stricter the regulation, the more necessary it is to separate speculation from settlement. Speculation will be squeezed, but the demand for settlement will not disappear; instead, it will emphasize efficiency and substitutability even more. Cross-border payments, inter-platform fund scheduling, and temporary parking of profits—these actions will not stop because of a decrease in popularity, but will become more cautious, more dispersed, and more mindful of each step's friction.
The value of Plasma is easier to understand in this context. It does not rely on complex narratives to create excitement but treats the seemingly ordinary task of transferring stablecoins more like infrastructure, minimizing the presence of transfers and placing real competition on routing, exchanging, and service layers. When regulations tighten, what users fear most is not the absence of a skyrocketing story but the addition of an opaque link, another uncontrollable delay, and an unclear cost. Whoever can move funds more smoothly will be better able to sustain real usage, rather than just short-lived emotions.
In the short term, the uncertainty brought by regulation will cause many people to retreat and observe. But in the long run, it will force the industry to return from noise to hard work. What remains will not be the loudest projects but the networks that can handle settlement in a solid, low-friction, and sustainable manner.
@Plasma
$XPL
#plasma
The stricter the regulation, the more necessary it is to separate speculation from settlement. Speculation will be squeezed, but the demand for settlement will not disappear; instead, it will emphasize efficiency and substitutability even more. Cross-border payments, inter-platform fund scheduling, and temporary parking of profits—these actions will not stop because of a decrease in popularity, but will become more cautious, more dispersed, and more mindful of each step's friction.
The value of Plasma is easier to understand in this context. It does not rely on complex narratives to create excitement but treats the seemingly ordinary task of transferring stablecoins more like infrastructure, minimizing the presence of transfers and placing real competition on routing, exchanging, and service layers. When regulations tighten, what users fear most is not the absence of a skyrocketing story but the addition of an opaque link, another uncontrollable delay, and an unclear cost. Whoever can move funds more smoothly will be better able to sustain real usage, rather than just short-lived emotions.
In the short term, the uncertainty brought by regulation will cause many people to retreat and observe. But in the long run, it will force the industry to return from noise to hard work. What remains will not be the loudest projects but the networks that can handle settlement in a solid, low-friction, and sustainable manner.
@Plasma
$XPL
#plasma
Breaking: Domestic cryptocurrency regulation is becoming stricter!
Many people hear that domestic cryptocurrency regulation is becoming stricter, and their first reaction is that the market will cool down again. Cooling is certain, but what really deserves attention is not the emotional temperature, but rather that the regulatory focus is shifting from a simple prohibition to more specific and enforceable penetrating governance. It is more like dismantling the gray links section by section, monitoring how funds enter and exit, how payment institutions are being utilized, and how cross-border flows are disguised. For ordinary people, this means fewer entry points, higher costs, and more concentrated risks. For the industry, this means that any model relying on ambiguous zones for survival will be squeezed out, leaving only clearer compliance boundaries and more genuine usage demands.
Yi Lihua was revealed to reduce positions to stop losses. Many people's first reaction is to watch the excitement, and the second reaction is panic. But I want to say that the real significance of this matter is not how much someone lost, but that it reveals the underlying rules of the market for you. When the market changes, leverage will backfire; no matter how large the funds are, they must make choices according to the liquidation line. You think you are playing trends, but in fact, you are racing against risk management.
Therefore, the most valuable insight from such events for ordinary people is to shift from 'betting on direction' to 'choosing projects that can survive.' Especially during periods of volatility, the market will prefer projects that do not rely on emotions to survive, can deliver continuously, and can keep the links running. The dusk_foundation belongs to this more systematic approach. It does not make hot searches every day but focuses on the hard links that truly need compliance assets: settlement, data standards, cross-ecosystem scheduling, and the usability and verifiability of privacy. You can see its recent progress clearly aims to make a reusable process from issuance to trading to settlement to data release for regulated assets, rather than a one-time display. The bidirectional bridge connects the main network and external ecosystems back and forth, with clear rules and predictable costs, paving the way for real usage. Coupled with the direction of staking and more productized participation, the goal is to stabilize the security budget, allowing the network to run long-term.
The revelation about Yi Lihua is not meant for you to mock anyone, but to remind you that the market is entering a 'more realistic' phase. Pay less attention to emotions and more to structure. Are there continuous actions in the compliance asset chain? Are there more applications adopting the capabilities of the privacy execution layer? Is cross-ecosystem scheduling becoming more routine? Keeping an eye on these three things is much more reliable than guessing the next rebound.
@Dusk $DUSK #Dusk
Therefore, the most valuable insight from such events for ordinary people is to shift from 'betting on direction' to 'choosing projects that can survive.' Especially during periods of volatility, the market will prefer projects that do not rely on emotions to survive, can deliver continuously, and can keep the links running. The dusk_foundation belongs to this more systematic approach. It does not make hot searches every day but focuses on the hard links that truly need compliance assets: settlement, data standards, cross-ecosystem scheduling, and the usability and verifiability of privacy. You can see its recent progress clearly aims to make a reusable process from issuance to trading to settlement to data release for regulated assets, rather than a one-time display. The bidirectional bridge connects the main network and external ecosystems back and forth, with clear rules and predictable costs, paving the way for real usage. Coupled with the direction of staking and more productized participation, the goal is to stabilize the security budget, allowing the network to run long-term.
The revelation about Yi Lihua is not meant for you to mock anyone, but to remind you that the market is entering a 'more realistic' phase. Pay less attention to emotions and more to structure. Are there continuous actions in the compliance asset chain? Are there more applications adopting the capabilities of the privacy execution layer? Is cross-ecosystem scheduling becoming more routine? Keeping an eye on these three things is much more reliable than guessing the next rebound.
@Dusk $DUSK #Dusk
He was reported to have a stop-loss reduction of 350 million, while the whole network is 'watching' an even bigger turning point.
In recent days, one of the most eye-catching rumors in the circle is the exposure of Yi Lihua's position pressure and reduction actions. Many people appear to be just observing, but deep down they feel uneasy because the signal conveyed by this incident is very simple: large funds can also make mistakes, large funds can also be educated by the market, and when the narrative shifts from storytelling to accounting, no one can rely on stubbornness to get through.
First, let’s clarify the situation without emotions. Public information mentions that from February 1 to now, Trend Research has cumulatively reduced positions by about 153,500 ETH at an average stop-loss price of approximately $2,294, totaling about $352 million. At the same time, a large amount of stablecoin loans have been repaid to reduce leverage, and the liquidation price range of several loan positions has been estimated to be around $1,685 to $1,855, concentrated around $1,800. The reason these details can ignite discussions is not because everyone cares whether a certain person has lost money, but because it lays a cruel reality on the table: even the most famous bulls will be forced to make choices amid volatility.
First, let’s clarify the situation without emotions. Public information mentions that from February 1 to now, Trend Research has cumulatively reduced positions by about 153,500 ETH at an average stop-loss price of approximately $2,294, totaling about $352 million. At the same time, a large amount of stablecoin loans have been repaid to reduce leverage, and the liquidation price range of several loan positions has been estimated to be around $1,685 to $1,855, concentrated around $1,800. The reason these details can ignite discussions is not because everyone cares whether a certain person has lost money, but because it lays a cruel reality on the table: even the most famous bulls will be forced to make choices amid volatility.
Dusk's current focus should not be on emotions, but rather on whether the three "hard developments" are continuing to move forward.
In this article, I won't talk about macro trends or trending topics, but will purely discuss the Dusk Foundation's projects. Many people currently look at DUSK solely in terms of price fluctuations, which leads to increasing anxiety. However, for projects of this nature, short-term emotions do not necessarily indicate the underlying issues; what truly matters is whether there is continuity in progress, especially related to core capabilities such as compliant assets, data, settlement, and privacy execution.
The first hard development is that the compliant asset chain is moving towards an "end-to-end framework."
Dusk's recent direction is very clear; it is not just about creating compliant assets, but also about consolidating the processes of issuance, trading, settlement, and market data into the same framework. For institutions, issuance is just the beginning; whether they can settle, reconcile, and whether the data standards can be explained ultimately determine long-term viability. Dusk is placing interoperability and data standards at the core of its advancement, essentially addressing the "must-answer questions" for institutions. If this line of work can continue to take shape, leading to more reusable processes and real asset activities, its value will transition from narrative to systemic capability.
The second hard development is that privacy is moving from concept to executable capabilities.
Many projects speak of privacy but remain at the level of slogans; Dusk seems to be working on "compliant usable privacy," meaning that sensitive information does not need to be publicly scrutinized, yet the rules can still be verified, facilitating audits and compliance proofs. As long as these capabilities are genuinely applied, privacy will no longer just be a marketing term, but rather a fundamental module within the ecosystem. For DUSK, this means that its demand may stem not only from trading exchanges but also from ongoing on-chain interactions and application calls.
The third hard development is that the cross-ecosystem scheduling path is clearer, and the mainnet is no longer an isolated island.
Things like bidirectional bridges may seem ordinary, but they determine whether assets can move smoothly in and out, and whether users can trial the mainnet ecosystem at low costs. The clearer the rules and the more predictable the costs, the easier it becomes to transition from one-time migration to daily scheduling. Once the frequency of scheduling increases, DUSK is more likely to see stable usage demand, rather than just fluctuations driven by emotional capital.
@Dusk $DUSK #Dusk
In this article, I won't talk about macro trends or trending topics, but will purely discuss the Dusk Foundation's projects. Many people currently look at DUSK solely in terms of price fluctuations, which leads to increasing anxiety. However, for projects of this nature, short-term emotions do not necessarily indicate the underlying issues; what truly matters is whether there is continuity in progress, especially related to core capabilities such as compliant assets, data, settlement, and privacy execution.
The first hard development is that the compliant asset chain is moving towards an "end-to-end framework."
Dusk's recent direction is very clear; it is not just about creating compliant assets, but also about consolidating the processes of issuance, trading, settlement, and market data into the same framework. For institutions, issuance is just the beginning; whether they can settle, reconcile, and whether the data standards can be explained ultimately determine long-term viability. Dusk is placing interoperability and data standards at the core of its advancement, essentially addressing the "must-answer questions" for institutions. If this line of work can continue to take shape, leading to more reusable processes and real asset activities, its value will transition from narrative to systemic capability.
The second hard development is that privacy is moving from concept to executable capabilities.
Many projects speak of privacy but remain at the level of slogans; Dusk seems to be working on "compliant usable privacy," meaning that sensitive information does not need to be publicly scrutinized, yet the rules can still be verified, facilitating audits and compliance proofs. As long as these capabilities are genuinely applied, privacy will no longer just be a marketing term, but rather a fundamental module within the ecosystem. For DUSK, this means that its demand may stem not only from trading exchanges but also from ongoing on-chain interactions and application calls.
The third hard development is that the cross-ecosystem scheduling path is clearer, and the mainnet is no longer an isolated island.
Things like bidirectional bridges may seem ordinary, but they determine whether assets can move smoothly in and out, and whether users can trial the mainnet ecosystem at low costs. The clearer the rules and the more predictable the costs, the easier it becomes to transition from one-time migration to daily scheduling. Once the frequency of scheduling increases, DUSK is more likely to see stable usage demand, rather than just fluctuations driven by emotional capital.
@Dusk $DUSK #Dusk
When Bitcoin drops, the most genuine action in the market is not debating bull or bear, but relocating. Risk positions are reduced, leverage is pulled back, and money returns to a form more like cash to pause. Stablecoins during this time act like a temporary safe haven; they may not bring excitement, but they provide mobility. You may not believe the story, but you must retain the ability to retreat at any time and set out again at any moment.
Because of this, settlement efficiency suddenly becomes important during a downturn. You will be more concerned about whether transfers have friction, whether cross-chain transactions take a detour, and whether fees quietly eat into profits. Plasma's logic precisely targets this point; it is more like building a stablecoin channel, reducing the friction of basic transfers and placing value on routing, exchange, and capital management as upper-layer services. When the market is cold, users are no longer willing to pay for complex processes; networks that can make relocation smoother are more likely to accumulate genuine usage habits.
A downturn makes speculation more expensive, yet makes infrastructure more valuable. Because when the market is no longer generous, the cost of every “extra step” is amplified. If Plasma can continuously support the genuine flow of stablecoins during this phase, making cross-chain migration with fewer steps and less uncertainty, it has the opportunity to turn short-term chill into a long-term moat.
@Plasma
$XPL
#plasma
Because of this, settlement efficiency suddenly becomes important during a downturn. You will be more concerned about whether transfers have friction, whether cross-chain transactions take a detour, and whether fees quietly eat into profits. Plasma's logic precisely targets this point; it is more like building a stablecoin channel, reducing the friction of basic transfers and placing value on routing, exchange, and capital management as upper-layer services. When the market is cold, users are no longer willing to pay for complex processes; networks that can make relocation smoother are more likely to accumulate genuine usage habits.
A downturn makes speculation more expensive, yet makes infrastructure more valuable. Because when the market is no longer generous, the cost of every “extra step” is amplified. If Plasma can continuously support the genuine flow of stablecoins during this phase, making cross-chain migration with fewer steps and less uncertainty, it has the opportunity to turn short-term chill into a long-term moat.
@Plasma
$XPL
#plasma
This guy leveraged $1 billion to go long and suffered a loss of $562 million?
One of the most common illusions in the market is to treat price as everything. When Bitcoin declines, the most striking thing on the screen is only red, and emotions are led by the red, as if everything is retreating. However, what truly determines the next direction is often not who is shouting bullish or bearish, but what actions the funds are taking, where the money is stopping, how long it stays, and what cost is required for the next move.
Recently, this round of decline has been enough for many people to classify it as part of the bear market narrative. The keywords appearing in media reports are very clear: prices have fallen below key integer levels, dropping to more than a year’s low, and the decline is not only due to internal crypto factors but also due to a cooling in macro risk appetite. Bitcoin once dropped to around $67,000, with a decline of over 20% this year, while Ethereum also experienced a deeper pullback.
Recently, this round of decline has been enough for many people to classify it as part of the bear market narrative. The keywords appearing in media reports are very clear: prices have fallen below key integer levels, dropping to more than a year’s low, and the decline is not only due to internal crypto factors but also due to a cooling in macro risk appetite. Bitcoin once dropped to around $67,000, with a decline of over 20% this year, while Ethereum also experienced a deeper pullback.
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