5.11 AI Daily Crypto Assets market is stirring again, with multiple hot events attracting follow.

1. Headlines

1. Bitcoin breaks through the $100,000 mark, triggering a market frenzy.

The price of Bitcoin has surpassed the important psychological barrier of $100,000 this week, triggering a festive atmosphere in the cryptocurrency market. Over the past few days, the price of Bitcoin has repeatedly tested this key resistance level, finally breaking through today and briefly climbing above $105,000. Analysts believe that this breakthrough could spark a new round of bull market, pushing Bitcoin toward higher historical highs.

The rise of Bitcoin is mainly driven by favorable macroeconomic data, cooling inflation expectations, and easing geopolitical tensions. As the Federal Reserve slows down its interest rate hikes, liquidity is flowing back into risk assets, and Bitcoin's appeal as a safe-haven asset has once again come to the fore. At the same time, the continued allocation of institutional investors into Bitcoin has also injected momentum into the price increase.

Industry insiders point out that $100,000 is an important psychological barrier for Bitcoin. Breaking through it may trigger more capital inflows, driving the price even higher. However, some analysts are cautious about the continued rise of Bitcoin, believing that a correction may occur in the short term. Overall, Bitcoin breaking the $100,000 mark signifies the arrival of a bull market, and its future trend is worth the market's close attention.

2. The Sui ecosystem is rapidly developing, with TVL exceeding 2 billion USD.

The Sui ecosystem has rapidly developed in recent months, with its total value locked ( TVL ) breaking the 2 billion USD mark for the first time this week, setting a new historical high. As an emerging first-layer blockchain, the Sui ecosystem has attracted a large number of high-quality projects and investments, making the level of ecological prosperity remarkable.

The rise of the Sui ecosystem is mainly due to its innovative underlying technology and strong performance. Sui uses the Move programming language, which offers high scalability and security. At the same time, Sui introduces a brand new parallel execution model that significantly enhances transaction throughput. These technological advantages allow Sui to perform exceptionally well in high-concurrency scenarios, attracting numerous DeFi, NFT, and GameFi projects to join.

Data shows that the largest protocols in the Sui ecosystem are Suilend Protocol, NAVI Protocol, and Cetus, with their combined TVL accounting for over 70%. Analysts believe that as more quality projects continuously enter, the TVL of the Sui ecosystem is expected to further rise, and the level of ecological prosperity will continue to improve. However, the Sui ecosystem is still in the early stages of development and faces fierce competition, and its future development path still needs time to be tested.

3. Meta's return to the stablecoin space raises regulatory concerns.

Tech giant Meta(, formerly Facebook), intends to re-enter the stablecoin space, a move that has raised significant concern and attention from regulators. U.S. Senator Elizabeth Warren and others have called for legislation to prohibit tech giants from issuing their own digital currencies to prevent monopolies and systemic risks.

Meta previously launched the Libra( stablecoin project, which was later renamed Diem), but ultimately failed due to regulatory pressure. Now, Meta is once again looking to explore the issuance of its own stablecoin, sparking speculation about its ambitions. Some analysts believe that Meta's issuance of a stablecoin may be aimed at establishing a unified payment and settlement system within its metaverse ecosystem.

However, regulatory authorities are cautious about technology giants issuing digital currencies. They are concerned that this may exacerbate the monopolistic position of technology giants and bring systemic financial risks. Therefore, the U.S. Congress is advancing relevant legislation to prevent potential risks. Overall, Meta's move to re-enter the stablecoin space will face significant resistance, and its prospects remain highly uncertain.

4. AI+We has become an investment hotspot, innovative applications are attracting attention.

At the recently concluded TOKEN2049 conference, the combination of AI and We was regarded as a new investment hotspot, attracting the attention of numerous entrepreneurs and investment institutions. Industry insiders believe that AI technology is expected to bring innovative applications to the We ecosystem and promote industry development.

The breakthroughs of AI technology in fields such as image generation and natural language processing have paved the way for its application in the We domain. Some startup projects have begun to explore the application of AI technology in NFT creation, content generation, and other scenarios to improve efficiency and creativity. At the same time, AI can also be used to enhance the performance and security of blockchain networks.

Analysts point out that the combination of AI and We has broad prospects and is expected to give rise to new business models and application scenarios. However, it is also important to note that the development of AI technology still faces many challenges such as computing power, privacy, and ethics, which require the joint efforts of all relevant parties to address. Overall, AI+We is seen as an important direction for future development, and its innovative applications deserve high attention from the industry.

5. Former UFC champion McGregor plans to establish a Bitcoin reserve for Ireland.

The controversial former UFC champion Conor McGregor proposed a plan to establish a national Bitcoin reserve for Ireland while participating in the Irish presidential campaign. This proposal aims to "return power to the people" and has sparked widespread attention and discussion within the Bitcoin community.

McGregor stated that he will elaborate on this concept in the upcoming X Spaces event and has invited leaders from the Bitcoin community to participate in the discussion. He hopes to encourage Ireland to join the ranks of countries like the United States and El Salvador by establishing a Bitcoin reserve, making it a legal payment tool.

However, McGregor's proposal has also faced some skepticism. Critics argue that he lacks relevant economic and financial background knowledge, and his proposal may have operational issues. In addition, McGregor himself has also been mired in controversy due to allegations of civil sexual assault and support for failed token projects.

Overall, McGregor's proposal for Bitcoin reserves has sparked heated discussions, but its feasibility and impact remain to be further assessed. However, this proposal once again highlights the increasing importance of Bitcoin globally, and its future development deserves ongoing attention.

2. Industry News

1. Bitcoin breaks through the $100,000 mark, sparking market discussions.

The price of Bitcoin has continued to rise over the past week, finally breaking through the important psychological barrier of $100,000 on May 11. Data shows that Bitcoin has increased by approximately 8% in the past 7 days, reaching a peak of $105,000. This strong performance has been mainly driven by favorable factors such as easing global trade tensions and cooling inflation expectations.

Analysts believe that Bitcoin breaking through the $100,000 mark has significant psychological and technical implications. This not only boosts investor confidence but also attracts more funds into the cryptocurrency market. Exchange data shows that Bitcoin's daily trading volume has seen a noticeable increase after surpassing $100,000.

However, some analysts are cautious about whether Bitcoin can continue to rise. They point out that Bitcoin is facing significant selling pressure around the $100,000 mark, and a correction may occur in the short term. Additionally, the uncertainty of the global macro environment may also impact the performance of the cryptocurrency market.

Overall, Bitcoin's breakthrough of the $100,000 mark has sparked heated discussions in the market. Investors have differing opinions on the future trend of Bitcoin, but most believe that this breakthrough is likely to drive the cryptocurrency market into a new bullish cycle.

2. Ethereum leads the altcoin market, triggering expectations of a "altcoin season"

Over the past 72 hours, the price of Ethereum has risen by more than 40%, once approaching a high of $2,600. This is mainly due to the upcoming "Pectra" upgrade of Ethereum, as well as the continued favor of institutional investors for the coin.

The strong performance of Ethereum has driven the rise of the entire cryptocurrency market, with other popular altcoins such as Solana, Cardano, and XRP also seeing varying degrees of increase. This has sparked market expectations and discussions about the arrival of "altcoin season."

Analysts point out that Ethereum, as the "blue chip" of the cryptocurrency market, often leads the price trends of the entire market. If Ethereum can maintain a good development momentum after the "Pectra" upgrade, it is expected to attract more capital into the altcoin market.

However, some analysts are taking a cautious stance on the expectations for the altcoin season. They believe that the current upward trend is more driven by macro favorable factors and lacks real fundamental support. If there is a lack of sustained good news in the future, the altcoin market may struggle to continue.

Overall, Ethereum's lead has sparked heated discussions in the market about the arrival of altcoin season. However, investors need to carefully assess and closely monitor subsequent fundamental developments to guard against potential investment risks.

3. Cryptocurrency exchanges are facing a run by large holders, triggering a wave of liquidations.

On May 11, the cryptocurrency exchange faced a run by large holders. Data showed that over $1 billion worth of Bitcoin and Ethereum were withdrawn from the exchange by these large holders on that day, triggering a wave of liquidations.

Analysts say that this large-scale run on the exchange may be due to some major holders' doubts about the current market conditions, hoping to move their funds to safer places. After the exchange faced the run, it was forced to close a large number of leveraged contract positions, leading to significant fluctuations in the prices of Bitcoin and Ethereum in a short period.

As a result, Bitcoin dropped nearly 5% at its lowest on that day, while Ethereum fell nearly 8%. Trading volume and capital inflow also showed a significant decline. Analysts pointed out that this drastic price fluctuation has intensified investors' panic, which may further amplify the downside risks of the market.

However, some analysts believe that this run on the bank is merely a short-term fluctuation in the market and will not change the long-term upward trend of cryptocurrencies. They advise investors to remain calm and closely monitor subsequent fundamental developments.

Overall, the exchange faced a wave of liquidations triggered by large withdrawals, intensifying market volatility. Investors need to remain cautious and manage their risk exposure.

4. Regulatory agencies strengthen regulation of cryptocurrencies, raising market concerns.

Recently, regulatory agencies in several countries and regions have taken a tough stance on cryptocurrency regulation, raising widespread attention and concerns in the market.

Paul Atkins, the chairman of the U.S. Securities and Exchange Commission, stated at a meeting that regulations on the tokenization of crypto assets will be strengthened. He believes that tokenization may pose systemic risks and that a corresponding regulatory framework needs to be established.

In addition, the UK's Financial Conduct Authority has also issued a consultation paper proposing several recommendations for cryptocurrency regulation, including implementing stricter rules for cryptocurrency exchanges and wallet service providers.

Analysts say that these measures by regulators are aimed at maintaining financial stability and protecting investors' interests. However, excessive regulation may limit innovation and development in the cryptocurrency industry. Some investors are concerned that strict regulatory policies could undermine market confidence and trigger capital outflows.

However, some analysts believe that reasonable regulation is beneficial for the long-term healthy development of the cryptocurrency market. It can curb speculative behavior, prevent systemic risks, and create favorable conditions for institutional investors to enter this market.

Overall, the tightening of regulations by regulatory authorities has raised concerns in the market. Investors need to closely monitor changes in regulatory policies and assess their potential impact on the market.

5. The price of Meme coins has skyrocketed, sparking heated discussions in the market.

On May 11th, the price of Meme coins experienced a surge, attracting widespread attention and discussion in the market.

Taking Shiba Inu Coin (SHIB) as an example, the price once surged over 35% on the same day, reaching a recent high. Analysts believe this is mainly driven by the price increase of mainstream cryptocurrencies like Bitcoin.

At the same time, the Trump-themed meme coin TRUMP has seen a significant increase. Some analysts believe this is related to an upcoming cryptocurrency event hosted by former President Trump, which has sparked investor enthusiasm.

The explosive surge of Meme coins has sparked heated discussions in the market about their prospects. Optimists believe that Meme coins have a large community base, plus favorable conditions for mainstream coins, and are expected to continue their upward momentum. However, some analysts express concerns about the lack of practical application scenarios for Meme coins, arguing that their price fluctuations are too severe, posing a high investment risk.

Overall, the surge in Meme coin prices has once again attracted market attention. Investors need to carefully assess their investment value and risks to avoid blindly following the trend.

3. Project News

1. Sui Ecosystem Breaks $2 Billion TVL, Reaching a Historic High

Sui is a brand-new blockchain ecosystem founded by former Meta employees, aiming to provide high-performance and low-cost decentralized applications. Sui adopts a revolutionary blockchain architecture design, featuring high scalability and low latency.

According to DeFiLlama's data, Sui's TVL (Total Value Locked) has reached $2.09 billion, setting a new historical high. This figure surpasses the previous high of $2.083 billion recorded in January this year. Sui's TVL has increased by 22.4% in the past week, with the top three protocols being Suilend Protocol, NAVI Protocol, and Cetus.

Sui's rapid growth is primarily attributed to its innovative design principles and powerful technical capabilities. Sui employs a novel "single-writer" architecture, enabling high concurrency and low-latency transaction processing. Additionally, Sui introduces the concept of "objects," packaging assets and data as indivisible units, significantly improving the system's scalability and security.

Industry insiders believe that the rise of Sui represents a new stage in the development of blockchain technology. Its innovative design principles and strong technical capabilities are expected to drive the large-scale deployment of blockchain applications. In the future, Sui is likely to play a crucial role in DeFi, NFTs, gaming, and other domains, becoming an essential component of the blockchain ecosystem.

2. Fufuture Advances a New Paradigm for Decentralized Derivatives

Fufuture is a decentralized perpetual contract protocol, aiming to address the many pain points of the traditional derivatives market, such as opaque trading mechanisms, fragmented liquidity, and high user barriers.

In its latest roadmap, Fufuture plans to launch the initial protocol version in 2023, followed by the V2 release in 2024, which will introduce new features like limit orders, oracles, and incentive algorithms. By 2025, Fufuture will integrate a one-click copy trading system, allowing users to easily replicate the strategies of other traders. In 2026, Fufuture will introduce trading pairs for mainstream assets like gold and foreign exchange, with the goal of becoming the world's largest on-chain derivatives protocol provider.

Unlike traditional centralized exchanges, Fufuture adopts a fully decentralized architecture, with all trades executed on-chain, ensuring the fairness and transparency of transactions. Fufuture also introduces an innovative fund pool design to effectively address the problem of reverse risk transmission in perpetual contracts, thereby enhancing the system's safety and stability.

Industry insiders believe that the emergence of Fufuture has the potential to reshape the traditional derivatives market landscape. Its decentralized design principles and innovative technical solutions not only address the pain points of the traditional market but also pave the way for widespread innovation in the derivatives industry. In the future, Fufuture is expected to become a leading player in the derivatives domain, providing users with a fairer, more transparent, and more efficient trading experience.

3. NFPrompt Completes Token Burn, Driving Ecosystem Development

NFPrompt is a We AI platform focused on content creation, and it has recently completed a token burn, aiming to impact token supply and potential value.

As a pioneering project, NFPrompt is dedicated to leveraging artificial intelligence technology to empower content creators, allowing them to create high-quality content more efficiently. In its latest token burn initiative, NFPrompt has burned a certain amount of tokens to reduce the total supply, thereby increasing the scarcity and value of the token.

This move not only reflects NFPrompt's emphasis on ecosystem building but also demonstrates its innovative exploration of token economic models. By actively adjusting the token supply, NFPrompt can better maintain the balance of the token economy, laying the foundation for the long-term development of the ecosystem.

Industry insiders believe that NFPrompt's approach is worth emulating and promoting. In the We era, the design of token economic models is crucial, as it directly affects the long-term development of a project. By actively regulating token supply, project teams can not only maintain token value but also incentivize community participation, driving the healthy development of the ecosystem.

In the future, we can expect to see more projects following NFPrompt's example, injecting new vitality into the We ecosystem through innovative token economic model designs.

4. Sui Ecosystem Accelerates Expansion, Move Language Leads a New Wave of Innovation

Move is a brand-new blockchain programming language developed by Facebook (now Meta), aimed at providing a safer and more efficient smart contract execution environment. Recently, the Move ecosystem has experienced rapid development, leading a new wave of innovation in the blockchain industry.

As standout projects in the Move ecosystem, Sui, Aptos, and Movement have garnered significant attention. Among them, Sui launched its mainnet in April this year, attracting a large influx of developers and capital. While Aptos is relatively behind in development, its technical capabilities have won widespread recognition from industry insiders. Movement, on the other hand, is considered the "dark horse" of the Move ecosystem, with its innovative design principles and technical solutions worth anticipating.

The rapid development of the Move ecosystem is primarily driven by the innovative and secure nature of its programming language. Compared to Ethereum's Solidity language, Move has a more stringent resource management mechanism, effectively preventing security vulnerabilities like reentrancy attacks. Additionally, Move supports parallel execution, significantly improving the efficiency of smart contract execution.

Industry insiders believe that the rise of the Move ecosystem marks a new stage in the development of blockchain technology. In the future, we can expect to see more innovative applications based on the Move language, driving the deployment of blockchain technology across various domains. Meanwhile, the development of the Move ecosystem will also bring new opportunities and challenges to the entire blockchain industry.

5. We Social Explores New Paths, Connecting the Physical and Virtual Worlds

Over the past year, We Social has been a hot topic in the blockchain industry. Despite some failed attempts, more participants are now engaged in innovative exploration in this field.

在TOKEN2049会议上，BlockBeats记者与来自Warpcast生态系统的韩国企业家Taki和创始人Yawn进行了讨论，深入探讨了他们对We Social的看法，以及社交互动是否能够实现大规模区块链产品的采用。

Yawn mentioned the FriendTech project and shared his thoughts on We Social: "How to do 'connect to earn' well, make location-based social gaming fun, without collapsing the entire economic ecosystem, is a topic that requires further consideration and validation."

In fact, We Social remains a market full of imagination. While there have been failures, more innovators are constantly exploring new paths to connect the physical and virtual worlds.

Industry insiders believe that the key to We Social lies in finding the right incentive mechanism, allowing users to receive real value rewards in the virtual world. Additionally, how to build an engaging and sustainable virtual social environment is another major challenge that We Social needs to address.

In the future, we can expect to see more innovative We Social applications emerge, providing users with entirely new social experiences and driving the deep integration of the physical and virtual worlds.

4. Economic Dynamics

1. The Federal Reserve's interest rate hike expectations are rising, and inflation pressures continue.

Economic Background: The US economy maintained moderate growth in the first quarter of 2025, with an annualized GDP growth rate of 2.4%, slightly lower than the previous quarter's 2.6%. The inflation rate edged down to 5.4% in April, but still remains well above the Federal Reserve's target level of 2%. The unemployment rate remained low at 3.6%, and the labor market continues to be robust.

Important event: The Federal Reserve decided to raise interest rates by another 25 basis points at its monetary policy meeting in May, increasing the target range for the federal funds rate to 5.25%-5.5%. This is the tenth rate hike since last November, aimed at continuing to curb stubborn inflationary pressures. Federal Reserve Chairman Powell stated that future rate hikes will depend on economic data, suggesting further increases may be possible.

Market reaction: U.S. stocks fell slightly after the Federal Reserve raised interest rates, with investors concerned that ongoing rate hikes could lead to a hard landing for the economy. The dollar index rose, reflecting market expectations of the Fed's hawkish stance. The yield curve has further inverted, exacerbating fears of an economic recession.

Expert Opinion: Goldman Sachs Chief Economist Jan Hatzius stated that the Federal Reserve may need to raise interest rates to over 6% to effectively control inflation. He expects the inflation rate to start significantly declining in the second half of 2025. JPMorgan Chief Economist Michael Feroli believes that the Federal Reserve should end the rate hike cycle by the end of this year to avoid excessive tightening that could lead to an economic recession.

2. China-U.S. trade negotiations make progress, global market sentiment improves.

Economic Background: Global economic growth slowed in early 2025, primarily influenced by geopolitical tensions, high inflation, and tightening monetary policies. As the two largest economies in the world, the trade relationship between China and the United States has a significant impact on global economic trends.

Important Event: U.S. President Trump and Chinese President held high-level economic and trade talks in Geneva, Switzerland. Both sides had fruitful discussions on issues such as resolving trade disputes, expanding bilateral investment, and strengthening economic cooperation. Trump stated that the two sides have made "significant progress" and laid the foundation for a "comprehensive reset" of the economic relationship between the two countries.

Market reaction: News of progress in the China-U.S. trade negotiations has boosted the risk appetite in global financial markets. U.S. stocks opened sharply higher on Monday, with the S&P 500 index rising by 1.8%. Cryptocurrencies such as Bitcoin also saw significant gains. Global stock markets and commodity markets surged, reflecting investors' optimistic sentiment about the global economic outlook.

Expert Opinion: Goldman Sachs Chief Economist Jan Hatzius stated that easing tensions in China-U.S. trade will benefit global economic growth. He expects global GDP growth to rebound to around 3.5% in the second half of 2025. JPMorgan Chief Economist Michael Feroli, on the other hand, believes that the improvement in China-U.S. trade relations has only temporarily alleviated the downward pressure on the global economy, and other risk factors such as inflation and tightening monetary policy still need to be monitored.

3. The European Central Bank raised interest rates by 75 basis points, and inflation pressures in the Eurozone persist.

Economic Background: The Eurozone economy experienced a slowdown in growth in the first quarter of 2025, with a seasonally adjusted annualized GDP growth rate of 0.9%, down from 1.3% in the previous quarter. The inflation rate surged to 7.5% in April, well above the European Central Bank's target level of 2%. The unemployment rate remained at a relatively low level of 6.5%.

Important event: The European Central Bank decided to raise interest rates by 75 basis points at the monetary policy meeting in May, increasing the main refinancing rate to 4%. This is the largest rate hike by the European Central Bank since 2011, aimed at curbing inflationary pressures. ECB President Lagarde stated that future decisions on whether to continue raising rates will be based on data.

Market reaction: European stocks fell slightly after the European Central Bank raised interest rates, with investors worried that excessive tightening could lead to an economic recession. The euro rose slightly against the dollar, reflecting market expectations of the European Central Bank's hawkish stance. The yield curve of Eurozone government bonds further inverted, intensifying concerns about an economic downturn.

Expert Opinion: Mark Wall, Chief Eurozone Economist at Deutsche Bank, stated that the European Central Bank may need to raise interest rates to over 5% to effectively control inflation. He expects the inflation rate in the Eurozone to begin to decline significantly in early 2026. Isabelle Mejean, Chief Eurozone Economist at Crédit Agricole, believes that the European Central Bank should end the rate hike cycle by the end of this year to avoid excessive tightening that could lead to an economic recession.

4. UK inflation hits a record high, central bank may raise interest rates significantly again

Economic background: The UK economy slipped into a slight recession in the first quarter of 2025, with GDP declining by 0.3% year-on-year. The inflation rate rose to 10.1% in April, marking a new high in over 40 years. The unemployment rate remained low at 3.8%, but real wages continued to decline.

Important Event: The Bank of England decided to raise interest rates by 50 basis points at the monetary policy meeting in May, increasing the benchmark rate to 4.75%. This marks the tenth consecutive rate hike by the Bank of England, aimed at curbing inflationary pressures. Bank of England Governor Bailey stated that if inflation expectations continue to rise, the bank may need to implement further significant rate increases.

Market reaction: The UK stock market fell slightly after the central bank raised interest rates, with investors worried that excessive tightening could deepen the economic recession. The exchange rate of the pound against the dollar rose slightly, reflecting market expectations of the Bank of England's hawkish stance. The UK government bond yield curve further inverted, intensifying concerns about an economic recession.

Expert Opinion: Andrew Haldane, the Chief Economist of the Bank of England, stated that the UK central bank may need to raise interest rates to over 6% to effectively control inflation. He expects that the UK inflation rate will begin to significantly decline in the second half of 2026. Sarah Hunter, Chief UK Economist at Standard Chartered, believes that the Bank of England should end the rate hike cycle by the end of this year to avoid excessive tightening that could further deteriorate the economy.

5. Japan's economic growth slows down, and the central bank maintains an accommodative policy.

Economic Background: Japan's economy slowed down in the first quarter of 2025, with an annualized quarterly GDP growth rate of 1.2%, down from 1.7% in the previous quarter. The inflation rate remained low at 2.4% in April. The unemployment rate rose slightly to 2.7%, but the job market remained generally robust.

Important event: The Bank of Japan decided to maintain its ultra-loose interest rate at -0.1% during the monetary policy meeting in May and reiterated that it will continue large-scale asset purchases to stimulate economic growth. Bank of Japan Governor Haruhiko Kuroda stated that although the inflation rate has risen, it is still below the target level of 2%, and therefore, there are no plans to exit the easing policy for the time being.

Market reaction: The Japanese stock market rose slightly after the central bank's decision was announced, with investors welcoming the central bank's maintenance of accommodative policies. The yen fell slightly against the dollar, reflecting market expectations of the Bank of Japan's dovish stance. The yield curve of Japanese government bonds remained normal.

Expert Opinion: Richard Koo, Chief Economist of Nomura Securities, stated that it is wise for the Bank of Japan to maintain an accommodative policy, which helps support Japan's economic growth. He expects Japan's inflation rate to fall below 1% in early 2026. On the other hand, Yoshiki Shinke, Chief Economist of Daiwa Securities, believes that the Bank of Japan should begin to gradually exit from its accommodative policy to avoid rising inflation expectations.

5. Regulation & Policy

1. Gary Gensler, the Chairman of the U.S. Securities and Exchange Commission, will deliver an important speech on asset tokenization.

Background: Gary Gensler, chairman of the U.S. Securities and Exchange Commission ( SEC ), will deliver a speech titled "Asset Tokenization: Challenges for Investor Protection" at Northwestern University School of Law on May 12. This speech is highly anticipated as it will clarify the SEC's regulatory stance on the tokenization of crypto assets, which will have a significant impact on the entire cryptocurrency industry.

Policy Content: Gensler is expected to focus on the SEC's policy considerations regarding the regulation of tokenization of crypto assets. Tokenization refers to the process of converting traditional assets into digital tokens, such as tokenizing stocks, bonds, or real estate. The SEC has been working to develop a relevant regulatory framework to protect investor interests. Gensler may emphasize the risks associated with tokenization, such as fraud, manipulation, and lack of transparency, and outline how the SEC plans to address these challenges.

Market Reaction: The cryptocurrency market reacted strongly to Gensler's speech. Some are concerned that the SEC may take a harsh regulatory stance, limiting the development of tokenization. However, others believe that a clear regulatory framework can provide legal certainty for tokenization, thereby promoting the long-term development of the sector. Both investors and businesses are closely monitoring Gensler's speech to assess its impact on tokenization projects.

Expert Opinion: Cryptocurrency legal expert Lewis Cohen stated: "Gensler's speech will set the tone for the SEC's position on token regulation. We hope to see a balanced approach that protects investor rights without stifling innovation." Former SEC commissioner Michael Piwowar believes: "Tokenization is an important emerging trend, and the SEC needs to establish clear rules rather than relying on enforcement actions."

Overall, Gensler's speech will set the tone for the regulation of cryptocurrency tokenization and influence the direction of future policies. Market participants are closely watching to assess its impact on tokenization projects.