H1uman Public Launch

As a participant in the Web3 ecosystem, I deeply realize the critical impact of "user experience" on retention rates. In this context, the emergence of WalletConnect is undoubtedly a major breakthrough, providing a comprehensive solution to connection issues. Since its inception in 2018, WalletConnect has transcended its original positioning as a simple "QR code login" tool and has developed into an indispensable foundational communication protocol in the entire Web3 world. Its cross-chain compatibility, end-to-end encryption technology, and seamless user experience make me consistently inclined to choose applications that support WalletConnect across different public chain ecosystems. With the launch of the WCT token, WalletConnect officially transitions from a "functional protocol" to a "community-driven, sustainable distributed network." WCT not only symbolizes governance rights but also becomes a medium for value exchange between developers, node operators, and users. Currently, the advantages of WalletConnect are mainly reflected in three aspects: first, its strong ecological foundation has achieved billions of connections, covering over 600 wallets and tens of thousands of applications; second, its decentralized path design is clear, including a staking mechanism and voting system; finally, its development pace is steady, the airdrop process is transparent, and it has the participation of top nodes such as ConsenSys and Ledger. However, WalletConnect also faces significant challenges. In particular, there is still much room for improvement in the transparency of token releases and market education. But in the long run, WalletConnect has the potential to become the new standard for Web3 authentication, and WCT may become the key driving force behind this process. For investors and participants who are truly optimistic about the development of Web3 infrastructure, the long-term value embodied by assets like WCT is worth in-depth study and attention. In the future blueprint of Web3, WalletConnect will undoubtedly play a crucial role.

The recent Digital Money market has shown a complex situation. Bitcoin (BTC ) has performed mediocrely, still oscillating within the range of $116,300 to $119,800. It is worth noting that the market capitalization ratio of Bitcoin is gradually decreasing, and funds are gradually flowing into other Crypto Assets. At the same time, Ethereum ( ETH ) is showing strong momentum and continues to rise. Although the overall trend is positive, investors need to closely monitor the changes in the four-hour level. Currently, Ethereum is facing a resistance level at $2,382, and if it can break through and hold, it is expected to challenge the $4,000 mark. The intraday fluctuation range is between $3,723 and $3,823. However, it is worth noting that Ethereum is no longer suitable for large-scale positions. A wise move is to focus on other potentially promising Crypto Assets, especially entering at the timing of a pullback. At this stage, the market is undergoing a transfer of funds from mainstream coins to emerging tokens. Overall, the Crypto Assets market is at a delicate balance point. The sideways movement of Bitcoin stands in stark contrast to the strong rise of Ethereum, while other coins are seeking their own opportunities within this dynamic. Investors need to remain vigilant, closely monitor market trends, and adjust their investment strategies in a timely manner.

The Stanford Blockchain Week showcased the advancements in ZK technology, the composability of modular design, and a renewed focus on the Bitcoin ecosystem. Attendees discussed the practical applications of ZKP, how modularity enhances development flexibility, and the impact of Ordinals on Bitcoin culture, driving innovation and collaboration in the industry.

After experiencing fluctuations in 2023, the crypto market saw a big pump at the end of the year, with public chain coins leading the rise. DeFi is developing steadily, while the prices of blue-chip NFT projects faced a 50% slump. Market hotspots frequently changed, and SocialFi rose, providing new opportunities for 2024.

The Sui network is actively developing its MEV ecosystem to ensure user transaction protection and network transparency. By prioritizing gas auctions, publishing trading opportunities, and implementing profit distribution mechanisms, Sui adopts new improvements such as SIP-19 and SIP-45 to enhance transaction submission efficiency. In the future, Sui will launch new projects to enhance system performance, continuing to evolve into a dynamically transparent ecosystem.