Despite the recent poor performance of the Crypto Assets market, which has raised concerns among many, if we can look beyond the noise of short-term price Fluctuation and take a more macro perspective, the long-term development prospects of this market are still worth following. Here are a few analyses based on the current market conditions and development trends:

First, Bitcoin is likely to surpass gold in the future, becoming the world's second largest hard asset. We can observe that a new allocation logic is forming in the global capital markets: the East tends to accumulate gold as a hedging tool, while the West prefers Bitcoin as an appreciating asset. The inherent scarcity of Bitcoin (with a total supply fixed at 21 million coins) and its decentralized characteristics make it perfectly aligned with the demand for a new type of hard currency in the digital age. Over time, Bitcoin's market value is expected to gradually approach or even exceed that of gold, ultimately ranking second only to the US dollar as the world's second largest core asset.

Secondly, in the competition of public chains, Solana (SOL) may gradually replace Ethereum (ETH) as the dominant player. Many public chains that adopt the Proof of Stake (PoS) mechanism claim to be decentralized, but in reality, most nodes are concentrated in the hands of a few institutions, and this 'pseudo-decentralization' does not meet the true needs of the market. In contrast, Solana has become increasingly stable through continuous technological iterations and is able to provide lower transaction fees and higher processing speeds, which better aligns with the actual needs of most users.

Finally, regarding the innovations of Web3, it seems we have hit a ceiling. The so-called 'innovations' we see are largely centered around changes in the forms of token issuance, such as the inscription technology that emerged last year. These trends are essentially a celebration within a stagnant market and have not brought about any truly groundbreaking innovations.

Nevertheless, the Crypto Assets market is still full of opportunities and challenges. Investors need to maintain a clear mind and follow long-term development trends rather than being influenced by short-term market fluctuations. At the same time, we should also look forward to the emergence of innovations that can truly drive the industry's development, opening up new possibilities for the future of Web3 and blockchain technology.