This year, closely monitor the development of the privacy track, with Miden and Zama standing shoulder to shoulder, and Miden being a strong potential stock in the first half of 2026. The value of such projects does not lie in conceptual hype; the key is whether privacy features can be truly implemented and applied, abandoning those flashy but impractical designs. Currently, the practicality of privacy protocols remains a limiting factor, but if a balance can be struck between usability and security, the market space could be quite substantial. This is also why the privacy sector is worth long-term attention—not just riding the trend, but waiting for the moment when the technology matures.

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