In the face of trends and competition, the giants have shown enough wolfishness and ambition: in July, when the SEC policy had just loosened a loophole and the policy only had a slogan framework but not clear details, Rongbinghood first launched a token product similar to a price difference contract (not a real US stock tokenization product, although hood is the most capable of doing this), obviously seizing time to get stuck and holding a grand press conference for this purpose. Firmly positioning oneself in the most critical ecological niche of the era of coin stock integration, driving a surge in stock prices. It's not important whether it's perfect or not. We have to have it first. It's easy to say if we have it, even if we make adjustments later after the policy details are released, and settle fines with regulators. In the face of the rise of on chain PERP DEX and the trend of asset on chain, CZ has repeatedly mentioned the trend of on chain transformation, forcefully pulling Aster to an important ecological position. Although the business data is much worse than that of Hyeprliquid, it needs to be exploded first. Once the momentum is ignited, it can attract more attention and funds, making it easier to establish a foothold. The competitive strategy in the new era can no longer be to slowly polish products in order to establish a leading advantage. But rather, in the core logic of the business, we strive to be fast, slow step by step, slow step by step. Fast play is not unique to the encryption industry, but upon closer inspection, it is more evident in the field of AI.