[Xiao Feng: Ethereum Does Not Need a Renaissance, AI and Crypto Integration Goes Beyond Payments] ETHShanghai 2026, co-hosted by ETHPanda, PANews, and The Excited Few, officially kicked off today in Shanghai. Dr. Xiao Feng, Vice Chairman of Wanxiang Holdings and Chairman of Wanxiang Blockchain, stated that the support for Ethereum back then was not purely an investment decision but rather an acknowledgment of its concept of using blockchain, a new type of ledger system, to support third-party development of various applications. He believes that Ethereum's original intention was to build application-oriented infrastructure. Although there are aspects worth reflecting on during its development, its long-term value remains noteworthy. Ethereum does not need a renaissance. He emphasized that as a blockchain infrastructure with a relatively high market share, Ethereum still has a significant application foundation. The ultimate fate of all infrastructure is to be forgotten.