Waking up in the early morning, I came across a piece of news: Donald Trump casually mentioned at a press conference, "The next Fed chair has been decided, just wait for the official announcement." Just this one sentence is enough for those folks on Wall Street to ponder for an entire day.

To be honest, the impact of this matter may be more far-reaching than most people think. The change in leadership at the Fed is not just a simple personnel adjustment—how interest rates are set, where the dollar is headed, and where capital flows will all need to be recalculated. While traditional markets are still observing, funds have already started to move elsewhere. In the realm of blockchain infrastructure, especially for those networks that are genuinely solving real problems, there has been a noticeable increase in attention recently.

Let's take Plasma as an example. This network, which specializes in stablecoin settlement and cross-border payments, has been the topic of much discussion lately. Why? Because regardless of who leads the Fed, the demand for digital asset flow globally will not stop. The more uncertain the policies are, the stronger this demand may become.

The logic of this type of infrastructure is different from speculating on hot topics—it addresses real pain points. Issues like slow cross-border transfers, high fees, and low settlement efficiency are present, and someone has to deal with them. Therefore, even if the market fluctuates, projects supported by actual application scenarios tend to be more resilient.

The technology side has been making progress. Their testnet has been running continuously, and it is said that the performance in stress tests under high-frequency trading scenarios is quite good. Network performance optimization has also been ongoing, with the main focus being to make stablecoin transfers faster and more stable. Although the original text was cut off at the end, at least from the first half, it seems the team is still working and is not just a project that shouts slogans.

The timing is quite delicate right now. The macro level is full of uncertainties, but it is precisely at such times that the market will re-evaluate what is truly valuable. Those flashy concepts may be discarded, while the infrastructure that truly solves problems may instead find opportunities.