#DeFi生态发展 Galaxy's recent prediction is quite interesting. Bitcoin is slowly approaching $250,000, and this pace is indeed steady, after all, there are still many uncertainties in the macro environment in 2026.

But what really caught my eye is the DeFi sector. The SEC is paving the way for tokenized securities, and DEX trading volume has surpassed 25% of spot trading, which means the on-chain trading threshold is really lowering. More and more people will realize that trading directly on the chain isn't that complicated after all.

On the other hand, the withdrawal of Solana's inflation reduction plan is a bit awkward. The promised reforms have stalled, and it seems that achieving consensus on the chain isn't that easy. However, on the flip side, Solana shifting from the Meme cycle to revenue-generating businesses has more than doubled ICM's market cap, which is a long-term highlight. The entire DeFi ecosystem is gradually improving, with regulation coming in, and the space for imagination is opening up.