Recently, I looked at a set of data and found that the global cryptocurrency market size has already surpassed $2 trillion, which in itself shows how hot the industry is. But what's even more interesting is—Bitcoin alone accounts for nearly half of the market capitalization. What does this reflect? Many people's understanding of crypto still stays at the level of Bitcoin, and they see the entire industry as too monotonous.

Having rooted myself in this field for so many years, I’ve seen many projects rise and fall. In my opinion, the current crypto ecosystem has completely changed. Those projects that truly master cutting-edge blockchain technology are using real innovation to transform stubborn issues in traditional industries. Their capabilities far exceed the scope of Bitcoin.

Why do I say this? Because the core competitiveness of crypto black-tech projects lies here—they use blockchain to solve problems that traditional industries haven't solved for decades. For example, in supply chain finance, cross-border payments, and intellectual property protection, there are numerous pain points. The transparency and immutability of blockchain are exactly the keys to solving these problems. Once the technology is truly implemented, the social and commercial value it brings is enormous. That’s why I’ve always believed that the future of the crypto industry isn’t in the tumult of the secondary market, but in technological application and real-world empowerment.

Speaking of supply chain, I have to mention VeChain. This project is indeed hardcore in this field, with multiple real-world business cases already implemented globally. What are the problems with traditional supply chain finance? Information asymmetry, cumbersome processes, high costs, and difficulty in credit verification—these issues have plagued the entire industry. VeChain uses blockchain technology to build a transparent and efficient system, allowing every link in the supply chain to be tracked and verified.