Looking at the evolution paths of the past few bull markets, there is an interesting pattern—during the latter half of the cycle, the market begins to re-evaluate certain assets.

Which assets? Infrastructure, settlement layers, and standard protocols. Why? Because when the ecosystem prospers to a certain extent, everyone will realize that the early systems are starting to become inadequate and need upgrading.

The DUSK project is quite special; it didn't follow the trend of jumping on the hottest concepts. Instead, it positioned itself in a key spot—the intersection of the three mentioned above. From infrastructure support, to settlement efficiency, to protocol standardization, it covers all these aspects.

If this cycle truly reaches the stage of re-pricing, projects at this foundational level are likely to become focal points. Of course, whether such projects can succeed ultimately depends on market acceptance. Currently, DUSK's progress in this track is worth paying attention to.