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Wu Shuo learned that StarkWare CEO and co-founder of Zcash and StarkWare Eli Ben-Sasson posted on X that the cryptocurrency industry as a whole seems to be experiencing an identity crisis: on one hand, several long-time OGs have already left; on the other hand, the industry is beginning to attract the attention of institutions and TradFi, which was previously the object of crypto rebellion, and this is challenging the core narrative of the crypto industry. Forward Industries Chairman and Multicoin co-founder Kyle Samani then commented, "Web3 is dead, now only DeFi and DePIN remain."