Based on the latest market dynamics (as of January 23, 2026)

1. Policy Trends: From "Wild Growth" to "Precise Regulation"
The current environment is no longer a pure "gold rush"; regulation is reshaping industry logic.
* Export Tax Refund Adjustments: The government is gradually phasing out export tax refunds for photovoltaic and lithium battery products. This marks a shift in policy focus from "scale expansion" to "high-quality development," aiming to curb disorderly price wars and promote industry transformation from mere quantity growth to quality improvement.
* Iron Curtain of Regulation: In response to industry chaos, regulatory efforts are ongoing. For example, departments like the Ministry of Commerce are promoting the formulation of relevant national standards to regulate market order, which means the "harvesting" style of loose operations is being squeezed.

2. Market Sentiment: Risk Aversion and Innovation Coexist
* The "Digital Halo" of Gold: Recently, gold and silver prices hit record highs. Behind this is not only inflation but also increased safe-haven demand driven by global uncertainties. Interestingly, innovations in financial instruments (such as gold ETFs and tokenized gold) are attracting substantial institutional capital. In other words, traditional safe-haven assets are being revitalized through "digitalization."
* Explosion of AI and Hardware: Market focus is shifting from simple "coin prices" to practical applications. In 2026, the focus includes the implementation of AI applications, mass production of humanoid robots (such as the sales data released by Yu Shu and Elon Musk's plans for Optimus robots), as well as mergers and acquisitions, becoming new areas of capital interest.

3. Cutting-Edge Technology: The "Serious" Use Cases of Blockchain
Although blockchain is often associated with hype, the technology itself is solving real problems:
* Drug Traceability: The Ministry of Commerce and eight other departments issued new guidelines guiding retail pharmaceutical companies to utilize technological means (such as scanning drug traceability codes) and upload data. This indicates that blockchain technology is being used to ensure medication safety and traceability of drug sources.
* Rise of New Sectors: Besides cryptocurrencies, commercial space (such as Blue Arrow Space's IPO process and SpaceX's Starlink project) and fiber chips (flexible integrated circuits developed by Fudan University) are becoming new growth poles.

💡 Summary #Gate广场创作者新春激励
If you look at the "crypto world" now, you'll find it undergoing a process of "truth and falsehood separation."
* Past: People talked about "100x coins" and candlestick charts.
* Present: People discuss AI implementation, robot mass production, supply chain security, and compliance.

Real technology is returning to its "tool" nature, aimed at solving practical business and social problems, rather than being purely speculative chips.