Privacy and compliance have always been at odds in the crypto world, but Dusk Network seems to have found another way.

Rather than solely hiding transaction information, it's better to pursue compliant privacy + auditability—this approach just happens to meet the requirements of the EU MiCA regulation. This is the right direction for a privacy L1.

Why are we optimistic about it? Its ecosystem partners are top-notch. NPEX is at the stock exchange level, Quantoz has regulatory backing in the stablecoin field, and Cordial is a regulated custody provider. This isn't an ordinary application ecosystem; each one represents a significant compliance weight.

Looking at the token side, the circulating supply of DUSK is basically fully released, with no major sell pressure concerns. With a 15% staking yield, you can earn passively at the current price of $0.053. Its all-time high once broke $1.00. Although it has indeed fallen sharply, if the RWA market truly grows to tens of trillions by 2030 as reported, Dusk's first-mover advantage in the EU will be very prominent.

Risks also need to be clarified. The market is still in a bear phase, and competitors are increasing—these are all factors. However, DuskEVM and DuskTrade are about to launch, and the product iteration pace looks steady. In the long term, it remains a project worth watching.