To determine how long the gold rush on the RH chain can last, it's not about when the leading project PONS breaks $1B, nor is it about when the RH chain ecosystem starts spawning a bunch of zero-value meme coins. Those conclusions come from outdated thinking from previous cycles. Actually, there's only one thing to focus on: the growth scale of tokenized stocks on-chain. It's just like how we tracked DeFi dashboards and TVL during the previous cycles. If the TVL scale of DeFi in 2021 was the indicator of DeFi Summer, then the asset scale of tokenized stocks will be the indicator of this RH chain Summer kicking off in 2026. Take a look at the chart below. Currently, the tokenized stock assets on the RH chain are only around $150M. Even if you add Ondo, xStocks, and bStocks, the total is just $2.94B. Who knows, maybe when @vladtenev walks out of the White House, Trump pats him on the shoulder and says, 'I've already rallied Wall Street's major institutions to cooperate. Now it's up to you to grow and strengthen the tokenized stock market!' (Just some wild imagination ) In short, let's emphasize one thing: growing the scale of tokenized stock assets is the ultimate goal of this bull market. Still Early—everything is still in the early stages!