#以太坊生态发展 The on-chain migration of the US stock market is really worth some serious thought.

The traditional financial markets are moving onto the blockchain, and this is not science fiction but a reality happening right now. When established exchanges like Nasdaq start to connect with on-chain ecosystems, what does that indicate? It shows that the market has begun to recognize the efficiency and transparency advantages of decentralized trading.

Even more interesting is the significance of this shift for the Ethereum ecosystem. As the most mature smart contract platform, Ethereum is becoming the infrastructure to support this financial migration. The efficiency of DeFi settlement and clearing, 24/7 trading hours, and global liquidity aggregation—these advantages will be fully unleashed in the wave of US stocks going on-chain.

It reminds me of Charlie Munger’s words: "When people are fearful, wisdom is often evenly distributed; what truly determines the outcome is courage and patience." During this critical period, those who understand the value of decentralization and have the patience to see this trend through are laying the groundwork for long-term gains.

This is not just market segmentation; it’s a turning point of an era. Ethereum is evolving from a haven for crypto natives into a hub for traditional financial migration. Opportunities like this are not available every cycle.