Dear friends at the beginning of 2026:

The last few blocks of 2025 are about to be finalized, and a new year is just around the corner.
But this is not just a simple calendar flip; for the entire crypto ecosystem, this marks a brand new starting point.
Looking back over the past year, we have seen many interesting changes.
ZK proof technology has gradually matured, AI agent economy has emerged unexpectedly, compliance frameworks are becoming clearer, and traditional financial institutions are starting to take this market seriously.
The market repeatedly teaches us one principle—the only certainty is constant change.
But 2026 will be different.
The most obvious change is that technology will truly be implemented.
Practices like Layer3, true interoperability of modular blockchains, and the popularization of account abstraction—these are no longer concepts in whitepapers but real, usable tools.
The discussion topics will shift from "Can we do it?" to "How can we do it better?"
Economic transformations are equally important.
Protocols that can truly solve problems and products that generate real revenue will gradually stand out amid market noise.
Tokenomics will need to upgrade to version 2.0, with more sophisticated and detailed value capture mechanisms.
For analysts like us, our roles are also changing.
Data is no longer scarce; what is scarce now is genuine insight.
On-chain data combined with AI predictions, macro cycles paired with micro sentiment—these will become new analytical weapons.
It’s time to prepare for 2026.