Recently, I keep hearing people talk about "modularization." Basically, the end users only perceive two things: one is that transaction confirmation to arrival is faster and more stable, without getting stuck on the "bridge"; two is that the fees seem more like a promotional deal, really low when cheap, but not too outrageous when high. As for splitting the execution layer/data layer, I, who love to watch block confirmation delays, get excited, but ordinary people only care about "don't make me retry three times, don't make me pay an extra cup of milk tea."

Additionally, now people are linking ETF capital flows, US stock risk appetite, and coin price fluctuations in their interpretations... I can't help but feel a bit suspicious: network congestion and emotional resonance on-chain are often more direct than macro narratives. Anyway, I keep an eye on those sudden smooth or laggy periods—most likely someone is moving modules behind the scenes, and those who understand will get it.