Recently, several top investment institutions have been releasing market forecasts for 2026. As professionals involved in first-tier investments, we usually treat these predictions as references, combining them with the project's actual needs, historical issues, product direction, and sector logic to determine whether a project is worth investing in.

However, I need to start with two preliminary points:

**First: The more specific the prediction, the easier it is to go wrong**

What we can truly be certain of is not the specific outcome, but that—looking back after a few months—the successful and failed projects will tell us what the market truly needs. North American investment institutions' sensitivity to policies, regulations, and macroeconomic environments is still worth paying serious attention to.

**Second: The most promising directions are often the most crowded**

Sectors that are widely regarded as promising mean more resources are flowing in, but they also tend to become red oceans more easily. True dark horses are not in the predictions, but they are within reason. These two factors must be considered simultaneously within the framework.

**What are the sectors with opportunities?**

Let's start with RWA. A leading compliant platform has clearly been laying out securities-type RWA, especially in the US stock market. Industry pioneers have already been testing the waters last year, which has helped open up the landscape.

The logic is quite straightforward: the US stock market is a huge market, but the crypto market is still very small. So, where are the selling points of crypto? They lie in derivative design, global cross-border trading, and 24/7 continuous operation.

Following this line of thought, the questions arise—who will do this bridging? How to truly connect traditional financial assets onto the blockchain? How to design products that enable the public to participate genuinely? These are the key factors that determine whether the volume can grow.