This report doesn't attempt to answer the question of "whether the Web3 market will continue to grow," but rather a deeper one: after the infrastructure era ends, where will the value of Web3 be redefined? In a larger, more complex, and more realistic system, how will the boundaries of Web3 be reshaped?

The Philippines has begun banning Coinbase and Gemini; three executives at the Uniswap Foundation received $3.87 million in compensation for their work, with the sole achievement being "granting $10 million in grants."

Harrison left FTX months before the company collapsed and subsequently founded Architect.

There is no snapshot yet, and the first phase of the "zero-cost" sign-in to earn points task is still available.

Trading volume of tokenized gold will grow, making it a leading asset in the wave of real-world assets.

What kind of changes does the United States actually want to implement?

It's not about escaping the crypto world, but about upgrading our understanding.

Revenue is the most telling indicator of its dominance in the entire L2 ecosystem.

In Season 2, R2 introduces a clearer two-tier yield structure: sR2USD focuses on core yields with high liquidity and low risk, while sR2USD+ provides enhanced returns for long-term funds. Both Vaults are built on institutional-grade RWA and do not rely on leverage or token inflation, further reinforcing R2's position as a real-world on-chain yield infrastructure.

The company reduced its holdings in tech giants by over $2 billion, liquidated its gold and emerging market exposure, and instead increased its holdings in large-cap US stocks and select tech stocks.

The report systematically outlines the most influential investment themes of 2026, including evolving macroeconomic trends, next-generation DeFi, stablecoin convergence, prediction markets, and the tokenization of the real-world economy. The synthetic economy is no longer just a future vision, but is being gradually built on top of the blockchain. 2026 will truly reveal who is shaping this new landscape…

Forget about whether you made money or not, I'm just asking you if it's a great success!

Stablecoins handle distribution, Bitcoin handles receiving; the US is using crypto assets to dilute its debt burden.

Users' psychological expectations and behavioral patterns are becoming increasingly rigid, which has limited the further expansion of DeFi.

Solana's total market capitalization in the Internet Capital Market is expected to surge to $2 billion (currently around $750 million).

Are the entire editorial team rushing to predict the market? A field visit to Hong Kong's Web3 reveals a lot of flaws.