In addition to the widely discussed 'Pi', there are two other significant events today that could reshape the power landscape of Web3.

🎡 1. Polkadot's 'Deflation Moment'

Just today, Polkadot's Referendum 1710 proposal officially took effect. This is not just a date; it is the 'watershed' of Polkadot's tokenomics.

• Core Change: Polkadot has officially canceled inflationary issuance and set a supply cap. This means DOT bids farewell to the 'infinite inflation' era and shifts to a scarcity model similar to BTC.

• Signal: When established public chains start taking deflation seriously, it often indicates the ecosystem is transitioning from an 'expansion phase' to a 'value return phase'. The long-term value curve of $DOT may be facing a rewrite.

🤖 2. Coinbase's 'Agentic Wallets': AI no longer needs banks

Coinbase CEO Brian Armstrong's recent statements have directly ignited the AI x Crypto track.

• Truth: AI entities cannot open bank accounts (because they can't pass KYC), but they can have their own crypto wallets.

• Current Situation: Coinbase's x402 protocol has processed over 50 million machine-to-machine (M2M) transactions. By 2026, your trading counterpart may no longer be human, but an AI Agent that helps you automatically scan for yields. This is the hardest core logic of AI cryptocurrencies.

📈 3. BTC's 'Short Fuel': Abnormal Fees

Although Bitcoin is fluctuating at $72,000, the perpetual contract fee rates across the network surprisingly remain in negative territory.
• Game Logic: The whole network is betting it will drop, yet the price remains firm and does not fall. This kind of 'negative fee rate' is ready-made rocket fuel; once the shorts can't hold on and collectively close their positions (short covering), BTC is likely to violently surge to $78,000 - $80,000 this weekend.

💡 Operational Advice:

• Pay attention to 'Deflation Concept': Besides $DOT , see what other established projects are planning token revisions.

• Layout AI Infrastructure: Since Coinbase has already paved the way, AI agent projects within the Base ecosystem are worth focusing on.