#美联储降息25个基点 #BTC战略储备市场影响 #XRP ETF上线 In terms of regulation, the U.S. Congress has made significant progress in the drafting of the GENIUS Act and clear rules related to stablecoins. The White House has established the Digital Asset Market Working Group, which has engaged with many industry participants and is committed to providing clear regulatory guidance for the industry. Meanwhile, the U.S. Securities and Exchange Commission (SEC) announced "Project Crypto," aimed at making the U.S. a hub for cryptocurrencies by exploring measures such as broader asset tokenization in financial markets.

Builders in the crypto industry have also made remarkable progress. Currently, there are multiple large and highly liquid prediction markets, with more new markets about to launch. The supply and usage of stablecoins have reached all-time highs, with holders across more regions. Many on-chain protocols generate eight to nine figures in revenue, and several serve as developer platforms with active startup ecosystems—these startups are also generating profits! It can be said that this is one of the best times for builders in the crypto industry.

My favorite quote is: “The market potential (TAM, Total Addressable Market) of digital assets is currently the largest, yet also the smallest in the future.” This is especially true in the current moment.