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.

The conversation around institutional crypto adoption has focused on a narrow set of technical metrics. Speed, throughput, and cost efficiency are all important qualities of a strong technology stack, and they can improve the products built on top of it. However, these factors address secondary issues rather than the core problem.
The primary barrier is structural. Most existing blockchain architectures cannot reconcile the transparency that regulators require with the confidentiality institutions need.
Public blockchains expose transaction details to anyone observing the network. This creates immediate challenges for institutions that manage client assets or execute proprietary strategies. A pension fund rebalancing its portfolio cannot publicly reveal position sizes or trading patterns. An investment bank facilitating a private placement cannot expose client identities or deal terms on a public ledger.

The alternative has been permissioned networks that restrict access to approved participants. JPMorgan’s Onyx platform is a well-known example, operating on a controlled version of Ethereum where participants must be vetted before joining. While this approach reduces data exposure, it sacrifices the network effects and composability that make open blockchains valuable. As a result, institutions end up building isolated systems with limited interoperability.
Regulators face their own constraints. The SEC’s scrutiny of crypto markets stems in part from the difficulty of monitoring pseudonymous trading activity. In Europe, the European Banking Authority has made it clear that platforms handling client funds must maintain transparent audit trails and robust governance structures. These expectations intensified across jurisdictions following the collapse of FTX.
The result is a stalemate. Institutions need privacy, regulators need visibility, and most blockchain architectures force a choice between the two.

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Selective Disclosure as Infrastructure
Zero-knowledge cryptography offers a way out of this impasse. It allows one party to prove that a statement is true without revealing the underlying information. A fund can prove it meets accredited investor requirements without disclosing its portfolio. A trader can demonstrate sufficient collateral without exposing position sizes.
@Dusk has implemented this approach directly at the protocol level. Its core mission is to enable real-world assets such as stocks, bonds, and private equity to move on-chain while remaining fully compliant with existing financial regulations.

Through its Citadel protocol, Dusk embeds zero-knowledge compliance into base-layer infrastructure. Smart contracts can enforce regulatory rules such as investor accreditation, holding periods, and transfer restrictions while keeping transaction details private.
This architecture separates what must be proven from what must be revealed. Regulators can verify that rules are being followed without accessing sensitive commercial data. Market participants can transact privately while maintaining provable compliance with applicable regulations.

This design is reinforced by a Dusk EVM layer, which allows developers to build privacy-preserving smart contracts using familiar Ethereum tooling. Combined with its SBA consensus mechanism, which offers fast settlement and near-instant finality, Dusk provides infrastructure designed for financial markets rather than purely speculative use cases.

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Implications for Market Structure
If privacy-preserving compliance mechanisms can operate at scale, the implications extend beyond incremental efficiency gains. The ability to tokenize traditionally illiquid assets while maintaining regulatory compliance could reshape how capital is formed and traded.
Asset classes such as private equity, venture capital, and real estate often have long holding periods and limited liquidity in part because of the high costs associated with managing small investor bases and secondary transactions.
Compliant tokenization has the potential to significantly reduce these costs and expand access to these markets.

#Dusk $DUSK

We all know this experience from our conventional lives where you love an article or a piece of media. You go back to it later and it is gone. It is frustrating, and there is nothing you can do about it.
Web3 promised higher availability and higher security, but so far we have mostly delivered that only for transactions, only for the accounting layer. But the world is not built on accounting layers. The world is built on computing infrastructures. And computing infrastructures must first store things and ensure they are still there tomorrow, the week ahead and going forward.
Even today, the Web3 ecosystem has not fully integrated this yet. We see NFT collections that represent valuable digital assets, but the actual media is stored on Web2 servers.
When someone forgets to pay a bill or a service shuts down, the assets would disappear. Sometimes you try to use a decentralized application and the front end is gone. Now, the infrastucture would still exist, but the interface does not.
So we cannot talk about an onchain future for the full stack without usable onchain data and storage.
This is the challenge the team set out to tackle by building Walrus.

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What is Walrus?
@Walrus 🦭/acc is a protocol running on Sui that offers secure decentralized storage.
At a basic level, Walrus lets you store images, videos and websites and read them again with high assurance that they will still be there and that they will be exactly what you uploaded. But the bigger idea is that Walrus lets you program the data experience.

I am a grown up, you are also grown up, so it is safe to say that Walrus is storage for grown ups. Just humour though. Lets get back. 😊
You can manage resources, manage costs and manage lifecycles as part of your decentralized application. Because Walrus is a protocol on Sui, it is tightly integrated with the Sui programming model.
You can build things like tickets where ownership and metadata live on Sui, while the associated media lives on Walrus.

You can transfer them together.
You can reveal some parts and keep others private.
You can program both together.

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The Building Phase
Traditional decentralized storage takes a file and stores it everywhere. That is expensive. To prevent data loss, you end up storing hundreds of copies. Walrus uses erasure coding that breaks a file into encoded chunks and distributes them across nodes. No matter how many nodes you use, the cost stays roughly five times the original file size.
Up to two thirds of the storage nodes can disappear and you can still read data. About one third can disappear and you can still write data. As nodes fail or leave, the network heals itself and new operators take over.
Walrus also scales with hardware. The more nodes you add, the more storage capacity the network has. It grows with more demand.
Because #Walrus runs on Sui, all its economics, governance, staking and rewards are handled by smart contracts. This means storage assets can be used inside Sui DeFi and other Sui applications. It also means developers can write smart contracts that customize how Walrus operates.
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Use Cases
Walrus is both a storage network and an application platform.
With it, one key application was also shipped called Walrus Sites. It lets you upload and serve a website from decentralized storage through a normal browser, with no friction for users.
Walrus is currently live and reached mainnet in about a year. It has already stored over 440 terabytes of encoded data and around five million blobs. About half a million WAL has been spent on storage operations, and about one billion WAL has been staked to secure the network. Peak upload speeds exceed 80 megabytes per second.
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Closing Thoughts
The real reason to use blockchains is not just to compute or store, but to do so with strong guarantees: availability, integrity, confidentiality, and neutrality.
Decentralization means no one can exclude you, rewrite the rules, or extract rent from your users.
The vision is to push from transaction processing into storage, and then into deeper security primitives. For Walrus, that means cheaper, faster, and more reliable storage.

Do try it out.
Their token ticker is $WAL

Fluxul de lichiditate și venituri în lanț și tokenuri meme este legat în mare măsură de o activitate: speculația. Și este probabil să persiste o vreme, deoarece oamenii vor dori întotdeauna să speculeze pe baza tendințelor, evenimentelor și chiar a știrilor.
Am făcut câteva cercetări și am descoperit că piața memecoin-urilor experimentează o declin treptat. Estimările conservatoare plasează pierderile traderilor din cauza rug pulls în 2025 la aproximativ 8 miliarde de dolari, majoritatea pierderilor având loc atunci când lichiditatea a fost eliminată după lansare, făcând tokenurile imposibil de vândut. Remarcabil, 93% dintre aceste rug pulls au fost executate în mai puțin de o oră.

În prezent, piața este într-o scădere, iar în ultimele zile au fost multe lichidări. Nu doar în crypto, ci și în active minerale precum aurul și argintul.
Istoric, lichiditatea urmează un ciclu destul de previzibil. Când activele minerale precum aurul și argintul încep să își piardă capitalizarea de piață, capitalul se rotește adesea în crypto. Când crypto slăbește, lichiditatea curge de obicei înapoi în depozite de valoare mai stabile, cum ar fi metalele prețioase sau alte active stabile.
Acesta a fost ciclul obișnuit.
Dar de data aceasta este puțin diferit.

Prediction markets grew quite fast in 2025 across sports and non-sports events, with estimated monthly volume rising more than ten times from the year before to around $13 billion by late 2025.

Much of this activity came from sports markets through frequent small trades, while political and economic markets had fewer trades with much larger positions.

It became clear over time on Kalshi and Polymarket that sports contracts generated most trades through steady user participation, while political and economic markets held most open interest as capital accumulated around major outcomes.

...and I mean really major outcomes.

But then, the structure will be tested at a greater scale during the 2026 FIFA World Cup, hosted by the United States, Canada, and Mexico. Global events of this size tend to push trading systems, compliance processes, and settlement to their limits, making the tournament a meaningful moment for prediction markets.

The growth of prediction markets in 2025 needs context. Financial conditions can influence how actively people trade, but they do not explain adoption. These markets expanded even as interest rates stayed high, suggesting that liquidity affects volume more than it does to sustainable growth.

Adoption is driven by broader access through brokerages and sportsbooks, simpler products, and growing comfort with event based trading. As participation increases, platform quality matters more, and we'll get to affirm that markets depend on trust, depth, and reliable settlement.

This gives platforms with existing users, regulatory approval, and built-in funding systems a clear advantage.

Una dintre platformele DEX deosebite pe Aptos în ceea ce privește stakingul lichid este Amnis Finance. Este construită pentru a ajuta utilizatorii să obțină mai mult din staking fără a-și bloca fondurile. Când staci APT, primești amAPT pentru utilizare flexibilă, sau stAPT dacă preferi randamentul auto-compus.

Amnis a apărut pe scenă în octombrie 2023 și a început rapid să construiască ceea ce avea să devină opțiunea de staking lichid preferată pe Aptos. De obicei, când staci APT-ul tău, acesta este blocat și nu îl poți folosi cu adevărat pentru nimic altceva. Dar cu Amnis, lucrurile sunt diferite. Când staci, primești tokenuri lichide precum amAPT sau stAPT în schimb. Poți tranzacționa aceste tokenuri, le poți folosi în piscinele de lichiditate sau chiar să le pui ca garanție. Și mai bine, Amnis nu percepe taxe pentru recompensele tale de staking.

Ai auzit vreodată de trilema stablecoin-urilor?🤔

Este un lucru cu care se confruntă multe sisteme de stablecoin în încercarea de a atinge stabilitatea prețului, descentralizarea și eficiența capitalului în același timp. De obicei, ajung să sacrifice unul pentru celălalt.

→ Stablecoinii complet colateralizați sunt stabili, dar de multe ori blochează prea mult capital.
→ Stablecoinii algoritmici sunt eficienți, dar de obicei se destramă în timpul stresului.

Un nou model numit modelul Poziției de Datorie Colateralizată (CDP) a fost introdus de Auro Finance, unde utilizatorii blochează active pentru a crea stablecoini, dar îl adaptează pentru Aptos prin combinarea recompenselor Proof-of-Stake cu token-uri de staking lichid, permițând utilizatorilor să câștige din staking în timp ce își păstrează activele lichide.