With the explosion of various agents, token consumption has surged significantly. For the crypto market, this directly benefits two areas: 1. **Inference Market**: Similar to OpenRouter, the crypto industry can meet the privacy and cost-effectiveness needs of individuals, enterprises, and agents by building privacy-focused and monetized solutions. Typical projects include **VVV Surplus $0G ORBIO**. I've noticed that the token consumption of these projects is growing rapidly. 2. **GPU Market**: Similar to Amazon and various neocloud platforms, the crypto industry excels at using tokenomics to integrate idle resources. Setting aside high-performance training demands, decentralized GPU solutions can significantly reduce inference costs. Moreover, China's open-source models have laid a solid foundation for innovation in this field. A large number of Chinese open-source models are being deployed on various crypto clouds. However, the value of these models hasn’t been captured by Chinese teams but rather by crypto projects. Typical projects include **PHA IO ATH AKT $0G**. These are the two areas I’m particularly interested in and have been tracking and discussing on X recently. These projects have strong fundamentals and can operate independently of the liquidity drought cycles in the crypto space. For example, DeFi and RWA projects require sufficient on-chain activity to generate fees and drive the token flywheel. In contrast, the AI+Crypto sector can benefit from the long-term growth of AI development, continuously driving the token flywheel. I believe this growth could last for at least 10 years, no problem.