A major investment logic in the cryptocurrency market over the past 25 years is centered around the Solana ecosystem's RWA/stablecoin Infra "replenishment" strategy. That's why I became a pioneer in PayFi, a new application scenario for RWA/stablecoin, in Q3 of 2024, and why I have been sticking to the Solana version of Farm's Curve, the Perena points' petals'. After the passage of the GENIUS Act and the Trump 2.0 government's efforts to clarify the encryption regulation, the prototype of the US dollar New Brinton Forest System (Sea Lake Manor System), an AI asset endorsement organically embedded in the settlement network on the chain, began to emerge. The attitude of the primary market towards RWA/stablecoin projects has also shifted from rejection and indifference to pursuit and Fomo, and market attention is surpassing the meme coin that has dominated the charts for one year. The Super Memecoin cycle is coming to an end, and the Super RWA/stablecoin cycle has just begun. When laying out the RWA/stablecoin track, I strategically abandoned the Ethereum ecosystem and focused on the Solana ecosystem. There are two reasons for doing this: one is that Ethereum RWA belongs to stock defense, while SolanaRWA belongs to incremental grabbing 🏴‍☠️； Another reason is that Solana is a pure blood American asset with a right-wing community ideology, while Ethereum is a non pure blood American asset with a left-wing community ideology. Following the investment logic above, I have come across RedStone, which is expanding the core of its oracle business from ReStaking to the Solana RWA ecosystem. During the high-speed growth period of ReStaking, RedStone, with its modular oracle architecture that supports flexible customization, provided secure, reliable, easy to deploy, and cost-effective oracle services for ReStaking's rich and complex LST/LRT assets. Under the watchful eye of the ancient gods in ChainLink and Pyth, RedStone rose to become the TVS leader in the ReStaking oracle segment. In the context of the overall trend of the cryptocurrency industry returning from Web3 to Finance 2.0, RedStone has keenly seized the historic opportunity of Solana's RWA/stablecoin Infra "replenishment" strategy in the Solana ecosystem, partnering with Apollo, Blackrock, and Wormhole 、 Securitize, Drift, and other partner agreements/entities bring $20 billion worth of RWA assets into the Solana ecosystem. The following is the RedStone RWA value chain that I have organized: The value chain of RWA consists of the asset end (off chain) - the middle layer (oracle responsible for feeding and proving asset reserves) - the liability end (on chain). As for the RWA value chain of RedStone, the asset side consists of the tokenized diversified credit underlying assets of Apollo, a $780 billion AUM asset management institution, and the tokenized US bond underlying assets of Blackrock, which has a larger AUM scale; The middle layer is composed of RedStone using Wormhole Questions technology to obtain cross chain data from other blockchains, ensuring real-time and secure price data on Solana. Each query is supported by 13 independent encrypted signatures, providing a high level of decentralization and security; The liability side is composed of Apollo's tokenized diversified credit underlying asset ACRED and Blackrock's tokenized US bond underlying asset BUIDL, which are deeply integrated into Drift Protocol, one of Solana's DeFi protocol leaders. Drift Protocol is a DeFi protocol focused on perpetual contracts, and recently launched the Drift Institutional service aimed at helping large institutions put RWAs on the chain. Drift Institutional is the first application to integrate RedStone price data. The use of price data: Drift uses RedStone's oracle service to provide price information for RWA based derivative trading, which is used for asset pricing and calculating margin requirements in perpetual contract trading, ensuring the accuracy and security of transactions. Composability: RedStone's integration enables RWA to be used for Drift's Vaults and other DeFi application scenarios, upgrading Solana RWA from simple asset tokenization to fully DeFi LEGO composability We often hear that the project team is working, but what is the definition of 'the project team is working'? A thousand people, a thousand Hamlets. Some people think it's the yacht model of the Alliance for Social Development, while others believe it's about uniting the community and calling for orders. In my opinion, it is constantly adapting and evolving in the rapidly changing environment of the encryption industry, and co evolving with partner protocols/entities. During the one-year observation period, RedStone happened to achieve this. above.