Chairman of the Solana Foundation: We're about to enter a token supercycle, and 5.5 billion internet users will join the same capital market! The internet has already connected 5.5 billion people globally into the same information market. The next step is to bring their money, assets, ownership, and transactions into the same capital market. Stocks, government bonds, real estate, private equity, gaming assets, and even future AI Agent-held and traded assets—anything with ownership that can be confirmed can theoretically be tokenized, traded 24/7, and circulated globally. Over the past year, stablecoin transfer volume on Solana has exceeded $4.7 trillion, and RWA (Real World Assets) transactions have reached hundreds of billions of dollars. Stablecoins solve the issue of money going on-chain, RWA solves the issue of assets going on-chain, high-performance blockchains enable market operations, and AI Agents are starting to create a completely new type of buyer: machines that earn, spend, invest, and settle transactions on their own. This is why I increasingly believe that the next big story in Crypto is the global capital market becoming like the internet—a never-shutdown global liquidity pool. If this path succeeds, Solana is essentially betting on becoming the underlying exchange + clearing house + payment network for this internet capital market. The current on-chain transaction volume in Crypto might really just be at the stage where the internet could only send emails.