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HyperEVM’s ecosystem does not have the strong operational flywheel found in BNB Chain. As a result, HYPE depends only on transaction fee logarithms for its support, preventing it from evolving from a liquidity token into the central asset of a value-driven network.

The article directly exposes a structural flaw in Web3: founders can exit with relative ease while investors bear 99% of the failure costs, offering a stark diagnosis of the industry’s capital-burning reality.

The article revisits the lessons of the 2017 ICO boom and the airdrop/high-FDV VC model, arguing that a new generation of ICOs—integrating reputation and compliance—could become fertile ground for high-quality asset creation. At the same time, it points out that self-custody, yield-bearing accounts, and cross-border stablecoin payments provide differentiated moats for a new class of crypto banks, and predicts that together with reputation systems, they will form one of the most promising crypto narratives heading into 2026.

Who's quietly pocketing your SOL on Solana? This article analyzes the on-chain counterpart of PFOF and opaque fee structures, exposing how front-end apps, aggregators, and service providers levy "hidden taxes" on users through priority fees and tips. It also examines how Solana could regain control over fee pricing through protocol-level upgrades.

Against the backdrop of declining attention dividends, this article systematically examines seven key principles for crypto marketing in 2026—from content, personal trust, and on-chain data to community and creator mechanisms—analyzing how crypto projects can continuously convert user trust into tangible on-chain actions and growth outcomes.

Against the backdrop of diminishing performance dividends, a16z points out that the competitive core of crypto systems in 2026 is shifting toward privacy, decentralized communication, and verifiable security. This article systematically examines key trends such as the privacy network effect, decentralized messaging, confidentiality-as-a-service, and "code as law," revealing how privacy is evolving from a feature into foundational infrastructure.

The author examines token compliance and shareholder rights, noting that ongoing regulatory uncertainty has compelled projects to implement unconventional capital structures. For example, Uniswap utilizes a dual "Labs–Foundation" framework.

For DeFi and prediction market investors, the on-chain integration of 2026 housing price data represents a significant milestone. This development signals an upcoming surge in billion-dollar valuations for platforms such as Kalshi and Polymarket.

Infinex’s interim approval mechanism for its public sale was flawed, causing funds to return only after the rules were updated. This article examines the true causes behind the underwhelming performance of the INX token sale. It explores key factors including token lock-up, fair distribution, valuation, and the Patron system, and discusses why many crypto projects, despite their sophisticated designs, still fail to grasp what users genuinely desire.

Ray Dalio's Year-End Review 2025: The systemic depreciation of the U.S. dollar, gold emerging as the top-performing major asset, and equities underperforming global markets in real terms from a strong-currency perspective. This article systematically analyzes how currency, debt, interest rates, and political cycles jointly drive global capital migration, along with the next steps for risks and opportunities within the "Big Cycle" framework.

With the stablecoin market now exceeding $300 billion, the crypto industry is transitioning from a gold rush era to a phase of rebuilding order. In this article, BlockSec founder Zhou Yajin offers a deep dive into on-chain illicit activities, telecom fraud fund flows, anti-money laundering measures, and dynamic security defense strategies, highlighting the critical security challenges that must be addressed as crypto finance enters the mainstream.

This in-depth breakdown of the top ten Polymarket whales, based on 27,000 transactions, exposes the illusion created by “zombie orders” behind their impressive win rates and clarifies their real success levels. The analysis systematically explores hedging and arbitrage strategies, risk-reward management, probabilistic trading approaches, and the advantages of specialized expertise. By thoroughly debunking the “smart money” myth in prediction markets, it reveals the genuine rules these major players follow to survive and succeed.

"Genius Act" Pushes Stablecoins into the Mainstream, but "Whether They Can Be Considered Cash Equivalents" Remains a Gray Area. This article decipheres the regulatory dynamics, risk disclosure requirements, and capital market implications behind FASB’s inclusion of stablecoin and crypto asset accounting treatment in its 2026 agenda, highlighting the critical leap of stablecoins from tools to financial assets.

The Ethereum ecosystem serves as a compelling example of a moral framework that prioritizes empowerment over control. This approach provides valuable guidance for crypto governance, open-source communities, and policymakers seeking to balance progress with individual freedom.

For DeFi, RWA, and ZK developers, the article serves as a strategic blueprint for capturing the mainstream adoption of stablecoins, building privacy moats, and positioning for the breakout of zkVM-powered cloud computing.