DeFi players and friends in the Luffy community, what information should we really be paying attention to?
What should we be paying attention to in crypto next week? Or what should we be watching in the future? The Binance Chain ecosystem has been the biggest topic of conversation in our group lately, so I thought I'd lay out my thoughts. When browsing X or Binance Square, don't just watch prices bounce around. Start by sorting the information into three layers: global, crypto, and BNB Chain. Once you understand all three, you'll feel much more at ease. First, let's talk about BNB Chain's resilience. This incident was certainly a major test, but to be fair, BNB Chain has a very solid foundation. It has over 3.4 million daily active on-chain users, making it one of the most active communities in the EVM ecosystem. Each transaction costs $0.001, and block finality takes 650 milliseconds—the user experience is genuinely impressive. More importantly, institutional products from BlackRock (BUIDL), VanEck (VBILL), Franklin Templeton (BENJI), and Ondo have all launched on BNB Chain, and the amount of RWA locked on-chain continues to grow. This isn't just hype—real money is being put to work.
Let me explain ETFs using 1piece: Where does the money in an ETF actually go? And what exactly is an ETF?
Recently, people in the community have started asking what an ETF is. That shows our community members are becoming more informed, which makes me really happy. So what impact do ETFs have on the crypto market? Let me use our community's 1piece as an example—I guarantee you'll understand by the time I'm done. Here's the bottom line: money from a spot ETF really is used to buy actual coins, but once purchased, they're locked away in a custodial wallet and don't move on-chain. What exactly is an ETF? Think of it this way: suppose an investment firm wanted to launch a "1piece spot ETF." It would have to use real money to buy 1piece tokens on the market, then divide them into shares so people who trade US stocks could buy those shares in their brokerage accounts just like they buy stocks.
I really envy stock traders—they can lose their money just lying around!
I really envy stock traders—they can lose their money just lying around! Unlike people who run brick-and-mortar shops, who have to work themselves to the bone every day just to lose their money. I really envy people who run brick-and-mortar shops: at least when they’ve lost everything, they still have a storefront! Unlike stock traders, who are left with nothing but a trade confirmation after losing everything—not even a memory to hold on to. I really envy those who trade futures: one liquidation and they’re back to zero—clean and simple! Unlike people who run brick-and-mortar shops, who get slowly worn down by rent, wages, utilities, and everything else until they’ve lost it all three years later. I really envy people who run brick-and-mortar shops: even after losing everything, they still have stock left to clear out at a discount! Unlike futures traders, who are left with nothing but a liquidation notice after losing everything—not even a trace of any goods to touch.
This industry is no longer what it used to be, when you could make money by jumping in blindly.
(The veterans say the days of making quick money are over, but the era of making big money has only just begun.)
A lot of people are still looking at the market through the lens of past experience, thinking, "Once the bull market comes, everything will go up." Wake up—the rules of the game in crypto have changed completely in 2026. The biggest change: retail investors no longer call the shots. This is no longer a market dominated by retail investors! Institutions have entered the scene. Markets used to rise and fall based on retail investor sentiment. Now, big players like Wall Street, BlackRock, and JPMorgan are buying with serious money. U.S. spot Bitcoin ETFs alone have drawn in over $100 billion. This money isn’t here for short-term trading—it’s here for long-term investment. What does this mean? It means less market volatility and fewer dramatic surges and crashes, but much sharper divergence between assets. Good assets will keep getting more expensive, while nobody will want the junk. Pick the wrong asset, and even a bull market won’t do you any good.
26th Place: Our First Run at Binance Blockchain 100 Wasn’t for Nothing
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From October 19 to 28, the community vote for the Binance The Blockchain 100 Award 2026 was our first time officially stepping into the arena. Our initial goal was straightforward: break into the top 100, and push higher if we could. When the official results came out, we had 3,328 votes and ranked 26th in the New Generation category. We didn’t make the top 20, but there’s no shame in that. Every vote was earned one by one. For offline campaigning, everyone averaged around 1,200 votes a day. On Binance Square, we also got 300 to 500 votes a day. It wasn’t just a matter of calling out to the group once—we really went out and campaigned, explained, and rallied people for every single vote.
A vital warning for all retail investors and newbies from this incident
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The Binance incident is a vital warning for all retail investors and newbies In the early hours of the morning, hackers attacked Binance’s hot wallet. On-chain estimates put the outflow at tens of billions of dollars; some say it was five or six billion. (Oh my God, apart from visiting a cemetery, I’ve never seen that much money.) The platform has currently suspended deposits and withdrawals. The official statement says it will cover all losses, and around $3 billion has been frozen. The exact figures may change, but this alone should be enough to wake every retail investor up: no matter how big the platform is, it’s no safe. The scariest part this time is that it wasn’t an ordinary user clicking the wrong link. There may have been problems with the exchange’s hot wallet, signing process, or operations.
When opportunity comes, can you catch it? In the past few years, my biggest takeaway in this circle is this: there’s a certain type of person everywhere—people like me used to be. In everyday talk, they’re always saying, "I don’t have the chance" and "Why is it that every good行情 always comes and goes without me?" But when you truly put an opportunity in front of them, they just can’t catch it. Either they don’t understand it, or they don’t dare to move, or once they do move, they can’t hold onto it. First scenario: opportunity comes, but they don’t understand it and they don’t dare to act. When something new shows up, most people’s first reaction is, "What is this?" "It’s just another hype, right?" "Let’s wait until it starts going up." Then, after it has risen fivefold or tenfold, they start slapping their own thighs and saying everywhere, "I missed it again."
I made money—earned 48 US dollars. Now playing event contracts is getting harder and harder. Getting some real “meat” is really not easy. My daily living expenses are in hand. (ps: I’m recovering; when I’m back, I’ll stream steadily again. The preliminary plan is still the same old schedule: event contract at 7:00 AM, and perpetual contract at 10:00 PM)