Many hot topics are emerging in the 2026 crypto market—AI concepts, meme culture, RWA digital assets, privacy technologies taking turns. But from a fundamental perspective, what truly attracts institutional funds are those tracks that can cross regulatory gaps while having real application scenarios.

When it comes to the combination of privacy and compliance, the logical chain of the Dusk project is worth dissecting. Its current market cap is modest, and the token price is also hovering at low levels, but a careful study of its fundamentals reveals considerable imagination space.

First, look at the policy aspect. The European MiCA regulation has officially been launched, requiring financial institutions to meet compliance requirements when going on-chain. Dusk is not just theoretical; it has already established a network of licensed partners, including NPEX. While other public chains are still adapting to regulatory frameworks, Dusk’s infrastructure is already ready—this is a tangible policy dividend.

On the technical level, there are also differentiations. The Hedger solution combines zero-knowledge proofs with homomorphic encryption, achieving a balance between privacy and auditability—crucial for institutional investors. DuskEVM offers EVM compatibility, with very low migration costs for developers; its modular architecture ensures future scalability. These are not marketing buzzwords but solid engineering designs.

More importantly, the implementation progress is notable. Over €300 million in RWA assets have already been on-chain and operational in 2026, not just promises in whitepapers, but real securities trading underway. Once institutional funds enter on a large scale, a self-reinforcing liquidity flywheel will form.

From an ecosystem perspective, Dusk takes a low-key, pragmatic approach. The community quality is high, with staking lock-up rates exceeding 30%, indicating relatively stable holder confidence. The team’s execution capability has been demonstrated through multiple upgrades. The market’s undervaluation, to some extent, reflects a recognition gap—when DuskEVM runs stably and DuskTrade is officially launched, the space for price correction is considerable.

Of course, this is not short-term speculation but based on three medium-term certain factors: the maturity of privacy technology, the launch of Europe’s RWA market, and institutional compliance needs. If you are looking for projects with both technical depth and policy tailwinds, Dusk might deserve a place on your investment list.