Crypto native players are starting to panic: when Wall Street learns on-chain operations, who will be left to take the bait?

What was the biggest advantage in the crypto world?
"You guys in traditional finance don't understand on-chain."
Now the most absurd scene has appeared:
Not only does Wall Street understand it, but they are also becoming more professional than you.
Quantitative, high-frequency, market making, arbitrage—these have always been Wall Street's core strengths.
They just weren't interested before.
Now they are serious.
The most dangerous thing is, the Crypto market is being "institutionalized."
What does that mean?
It means retail investors are finding it harder and harder to make money.
Whereas before, a hot topic could be traded for three months, now it ends in three hours.
Because institutional models react faster than you, have bigger funds, and get information earlier.
Many native Crypto players are starting to long for the "barbaric era."
But the reality is:
Once markets mature, they all eventually enter a stage of "profits getting thinner and thinner."
However, Crypto still has an advantage that traditional finance finds hard to replicate:
Narrative creation ability.
Wall Street excels at optimizing existing rules,
Crypto excels at creating new rules out of thin air.
So, in the future, a strange pattern is likely to form:
Crypto is responsible for innovation, Wall Street for harvesting.
Who might suffer the most?
Retail investors who neither research nor trade, only chase hot topics.
Because future markets will become more like professional arenas,
Not the place where you could make money just by blindly buying Dogecoin anymore. #特朗普5月13日访华