#区块链金融创新 2025 this wave of reshuffling is really brutal. A bunch of garbage projects with zero adoption and high FDV have drained liquidity, and the reckless issuance of meme coins has further damaged our industry's reputation. Those airdrops all ended up as "dumping routines," with TGE leading to collective escape, causing token holders to suffer heavy losses 😤

But on the other hand, this cleanup is actually a purification. Projects like Hyperliquid and Pump.fun, which have real revenue and adoption, are thriving, proving that the market is starting to take things seriously. Stablecoins have seen a net inflow of over 100 billion USD this year, and the daily trading volume of perpetual DEXs has skyrocketed from tens of billions to hundreds of billions, which is no joke.

The key is that tokens must have real value backing them—buyback mechanisms, profit sharing, actual income—this is the future direction. In 2026, prediction markets, stablecoin payments, and mobile DApps will be the main tracks. Projects that only tell stories should be phased out 💀

Honestly, the burst of the bubble isn't a bad thing; it's actually an opportunity. As long as you can distinguish between genuine projects and air coins, who will explode in the next round is really hard to say. Now is the golden age of gold rush 🔥