Recently, DUSK has become the focus of the market, with a weekly increase of over 80%. From a technical perspective, it successfully broke through the previous downtrend line in January, signaling a very clear bullish trend. The key is the sudden surge in trading volume, which is a typical sign of speculative capital entering.

More importantly, the fundamentals are strong. The Q1 upgrade of DuskEVM mainnet is coming soon, and the highlight of this upgrade is the integration of privacy features with EVM compatibility, precisely addressing institutional pain points in DeFi compliance. Additionally, the European MiCA regulatory framework has been implemented, and the €200 million security tokenization project jointly promoted by DUSK and NPEX is progressing smoothly. Chainlink’s cross-chain technology is also being integrated to enhance the practical implementation of RWA.

From a capital perspective, institutional holdings may have already approached 70%, and social media buzz is also exploding. Market liquidity has recently been recovering, and the privacy sector is heating up. This wave of DUSK’s market movement is like a perfect combination of "narrative + technology + capital."

However, short-term risks of a pullback should still be watched. But if the mainnet is delivered on time and the RWA yields are truly realized, these two factors are very likely to become the driving engines for the subsequent market rally.