The crypto landscape of 2026 may experience a major reshuffle. From the current ecosystem perspective, tracks that align with real application needs such as DePIN, Ethereum Layer2, and AI Agents, are expected to become new growth poles as technology implementation and ecosystem maturity progress. Among them, DePIN combines physical assets with on-chain incentives, while AI Agents leverage large models and autonomous decision-making, all seeking breakthroughs. Ethereum Layer2 continues to solidify its position as a scalability solution.

In contrast, Meme coins, although still popular, are unlikely to shake off their speculative nature in the long run, and a continued decline may become the norm. Restaking, as a derivative of staking, faces challenges in liquidity and risk management. Prediction markets are unlikely to make breakthroughs under policy uncertainty, and competition in the public chain sector is intensifying, making it harder for new players to break through.

The Bitcoin ecosystem and Perp-DEX are relatively stable prospects— the former benefiting from the Bitcoin spot ETF trend, and the latter relying on trading demand for long-term existence. RWA (Real World Assets on-chain) and stablecoins belong to the slow-growth camp, with scale expansion limited by regulation and application maturity, but their long-term potential should not be underestimated.