Today’s news has caused quite a stir in the community—The Chair of the U.S. Securities and Exchange Commission publicly stated that they aim to promote full on-chain integration of financial markets, and proposed a so-called "Innovation Exemption" mechanism.

Sounds great? Don’t pop the champagne just yet.

Think about it carefully: DTCC has already received approval to custody tokenized assets. What does this mean? Major players in traditional finance now have their VIP pass to enter the market. Stocks, bonds, real estate—all these traditional assets can be tokenized through compliant channels and directly enter the on-chain trading system.

What are we doing? We may still be anxious over the rises and falls of a few MEME coins.

When regulators truly embrace blockchain technology, the rules of the game are fundamentally rewritten. Where will liquidity flow? Certainly toward projects with regulatory backing and institutional support. The market will indeed become more transparent, but at the same time, it will also become more ruthless—because your opponents may no longer be other retail investors, but institutions with vast funds and professional teams.

Honestly, this is not fear-mongering but a realistic reminder. The landscape of major coins like BTC, ETH, and SOL may be redefined. If you’re still focusing only on short-term explosive small projects, it might be time to reevaluate your strategy.

The tokenization of real-world assets (RWA)—the infrastructure projects that traditional institutions are laying out—is what you should focus on next. Everyone thinks they’re a genius during a bull market, but the real test often comes after the tide recedes.

The times never wait for us to understand everything before moving forward; they just keep rolling ahead. Are you ready?