This week's crypto market narrative landscape has experienced some interesting shifts.

The privacy sector has become the biggest winner, with OG privacy coins Monero and Zcash staying in the spotlight all week. The ZK ecosystem remains hot, with both technical solutions and application deployments attracting considerable attention. The robot concept continues its previous momentum, showing no signs of cooling off.

The perpetual DEX sector is brewing new growth momentum, with new projects like Ranger's ICO and Lighter performing well, indicating that this niche still has stories to tell.

In contrast, DeFi's focus has noticeably declined this week, with the spotlight taken by more niche narratives. This may reflect the market's search for new growth points—former mainstream narratives are giving way to more vertical and imaginative sub-sectors. Small but refined stories are eating into the larger, more comprehensive market share.