Looking back at the several tracks set at the beginning of the year, they are being verified by the market one by one.


1️⃣ Pre-IPO standardization:
Exchanges are no longer satisfied with secondary matching; they have all launched Pre-IPO.
2️⃣ Prediction markets:
CEXs are directly stepping in to harvest, evolving into plugins for major platforms, a game of existing assets.
3️⃣ AI Agent implementation:
Openclaw ( Lobster ), Hermes Agent, Claude Code.
4️⃣ Perp DEX is dead:
All are anti-rug pull, no need to play anymore.
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