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Every disruptive technology must inevitably go through a complete cycle of bubble burst, cleansing and reshuffling, and value realization.
In 2002, the internet bubble had just burst, and everyone was fearful of the web, yet it was precisely the starting point for Google, Amazon, NetEase, and Tencent to rise from the ruins.

In 2026, Crypto has gone through the frenzy and winter, with clear regulations, mature infrastructure, institutional entry, and breakthrough applications.
Today's crypto world is like the internet in 2002.


1. Historical Reflection: The clearing of the bubble is the beginning of a great era.

In 2000, the internet bubble burst, companies went bankrupt, stock prices halved, and the market was filled with despair.