#以太坊生态发展 Seeing this prediction about Ethereum TVL growing 10x, I need to analyze it carefully. Stablecoins, RWA, sovereign funds—these concepts are indeed long-term trends, but here's the problem: these grand narratives are easiest to turn into packaging paper for exit scams.

After years in this space, I've seen too many prophecies like "what will happen in 2025" or "will grow 10x by 2026." The real question is: will major institutions actually come? There are signals from JP Morgan and BlackRock's involvement, but their pace of entry is usually much slower than retail expects. And once these expectations get hyped up, you need to stay alert: is the capital flowing in real demand or FOMO?

RWA tokenization growing from $300 billion to $3 trillion sounds tempting, but what does it mean? Countless projects will emerge claiming to be the "next RWA dark horse." I've seen too many such traps—projects flying the RWA flag that are essentially pyramid schemes with a new name.

The most practical advice: this long-term growth logic can serve as an allocation direction, but never all-in on predictions. Diversify your positions, manage risk, and conduct regular reviews of project fundamentals—that's how you stay in the game long-term. No matter how beautiful the prediction, it can't withstand a black swan event.