When the market is hot, there's basically no need to overthink. Prices speak for themselves, and emotions make the decisions for you. But once the heat cools down, it truly tests your understanding of the project.

At that point, I’ll pull out Dusk and take another look. The reason is quite simple—it's not designed for emotional cycles at all.

Most projects on the market nowadays follow similar routines: riding hot topics, creating narratives, attracting liquidity. When the wind blows, they surge; when it stops, they lay flat. But Dusk’s approach is clearly different. From the very beginning, it never intended to survive on retail investor sentiment. Look at its technical roadmap, ecosystem partnerships, strategic direction, and you'll see a very clear focus—institutional-grade financial infrastructure, not retail hype tools.

Most people hear "privacy chain" and react mainly with: regulatory risks. But Dusk takes a completely opposite approach. It’s not about hiding data; within a compliant framework, it addresses a real question: who should see financial data, and how much can they see?

Traditional finance has never been fully transparent. Accounts need to be auditable, assets verifiable, but how can transaction architecture and business logic be open to everyone? That’s almost an industry default.

Dusk uses zero-knowledge proofs to solve this. It’s not about anonymous transfers but about building auditable privacy finance. That’s also why it has always focused on securities, bonds, RWA, and other real assets. These things ultimately need to be on-chain, but they can’t possibly operate in a fully transparent, fully open environment.

Things seem calm now. But the institutions that truly understand financial infrastructure are precisely observing at this stage.