Privacy sector is navigating through the 'hype cycle,' TVL hits all-time high While Web3 is buzzing about AI and Memes everywhere, Miden @0xMiden has sent out a key signal: the privacy sector is quietly exploding, entering a phase of substantial capital inflow. ■ Data doesn’t lie: money is voting with its feet TVL hits all-time high (ATH): Despite the market’s scattered attention, the total value locked (TVL) in privacy protocols hit a record high this week. This indicates that under regulatory pressure and the tug-of-war over on-chain transparency, Smart Money is seeking capital protection through privacy protocols. ■ Major privacy highlights this week ① Miden @0xMiden tech rollout (v0.12): Miden released a review of Testnet v0.12, focusing on solving pain points in privacy interactions (like automated note routing and Rust compiler), turning privacy applications from “usable” to “user-friendly.” ② Community power (Vitalik): Vitalik has started donating to privacy communication projects, marking a shift in privacy demand from the “hardcore geek circle” to the “mainstream community.” https://(x.com)/VitalikButerin/status/1993803663026860125?s=20 ③ Ecosystem collaboration (Aztec & Wonderland): Another major player in the ZK privacy sector, Aztec, has strengthened its partnership with Wonderland. The collaboration among leading projects signals that the infrastructure stack of the privacy sector is rapidly maturing.