Investing in DUSK requires a different perspective—don't get caught up in short-term K-line movements. The core focus should be on its long-term story in the RWA track and institutional compliance.

To be honest, the positive signals are indeed there. The mainnet has been stable for over a year, with over 200 million tokens staked, which at least proves that the network infrastructure is solid. The partnership with licensed exchange NPEX is also a highlight—an €300 million securitized tokenization project. If it truly materializes, it means bringing real assets onto the blockchain on a large scale, which is a completely different level. The technical design for privacy and compliance also gives it some unique competitive advantages in this track.

But there are also many pitfalls. Whether the DuskEVM mainnet and Hedger components can perform stably in real trading is a tough test—it's not something that can be proven just by words. More importantly—can the NPEX project truly turn from a press release into verifiable on-chain trading volume and liquidity? This directly determines whether the business model can succeed. Another often overlooked issue is whether institutional funds will really flow into the Dusk network on a large scale, which depends on whether the ecosystem applications are rich enough and the user experience is good enough. No matter how hot the RWA sector is, without enough dApps and liquidity depth, institutions won't put real money into it.

Ultimately, DUSK faces a triple test of technical stability, ecosystem development progress, and market patience. The roadmap is clear, but whether it can deliver step by step is the key to its value.