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【Plain Language Summary】This report, written by a16z crypto experts, predicts that 2026 will be a year of profound transformation in the crypto industry.
Investment focus will shift to prediction markets, DeFi, and payment sectors driven by intelligent agents, with many infrastructure companies entering IPO windows. Meanwhile, privacy will become a core moat, promoting the industry's evolution from "code is law" to a safer "regulation is law" through "secrets as a service" and decentralized communication.
For more details, please see: