Recently, I discussed the trends in the crypto space over the past two years with a seasoned investor. Having held BTC since 2014, he has gradually retreated over the years but remains very interested in recent ecosystem developments.

During our chat, we outlined the hottest tracks in the current crypto world: from the prosperity of the BTC ecosystem, to the continued popularity of meme coins; from RWA (Real-World Asset on-chain) to the emergence of PayFi (Payment Finance); from the exploration of AI + Web3 integration, to innovative applications like Perp DEX and prediction markets. These areas each have their own buzz, attracting continuous participation and capital.

At the end of our conversation, he sighed and said, "Your generation really puts in the effort. Although most people don't make much money, your understanding and awareness of this field are truly deep."

This remark is quite thought-provoking—it reflects that while participants in the crypto space are well-informed and actively tracking hot topics, they still face challenges in translating knowledge into actual gains. This perhaps is a true reflection of the current phase of Web3.