Chainlink Co-founder: Overall industry risk management has significantly improved, and the on-chain process of RWA continues to accelerate.

Chainlink co-founder Sergey Nazarov stated that this crypto cycle has released two positive signals: First, the market did not experience a systemic risk event similar to FTX during the significant pullback, indicating a significant improvement in overall industry risk management; second, the on-chain process of RWA continues to accelerate, and its correlation with the prices of crypto assets such as Bitcoin has decreased, demonstrating its independent and sustainable long-term value. He pointed out that on-chain RWA perpetual contracts, institutional participation through DeFi, and the data, cross-chain, and workflow orchestration infrastructure supporting RWA will jointly drive the industry into the next stage, and in the long run, the total scale of on-chain RWA is expected to exceed that of cryptocurrencies themselves.