#美国非农就业数据未达市场预期 2026 marks the beginning, and the primary crypto market has been divided by the "Three Horsemen": AI computing power, RWA debt, and cross-chain security. These three tracks have absorbed almost all the funds and attention.

First, let's talk about AI computing power—io.net has become a hot commodity. The number of GPU miners has surpassed 51,000, doubling in just ten days, with an incredible growth rate. After a Series A funding of $30 million, the valuation soared to $1 billion, and the $500 million from the KOL round was snapped up long ago. Institutional investors have basically swept through the entire fund ecosystem of a well-known public chain. Rumors suggest that this project will be launched on top-tier platforms in April, which might mark the true start of the "AI season."

As for RWA, Mohash is holding back a big move. In June 2022, they raised a seed round of $6 million, with a lineup of investors including Sequoia, well-known crypto funds, and a compliant platform's VC. The project is positioned as "debt DeFi in emerging markets." They haven't spoken much in half a year, but institutional interest remains strong. It’s considered the biggest suspense box in the RWA track for 2026—once the product is announced, it could explode at any time.

What about retail investors? The pre-sale pools have become the new battleground. In the first week of January alone, over 30 pre-sale projects launched, with an average oversubscription of 4 to 6 times. Security audits and cross-chain solutions are now standard, and pre-sale projects labeled "AI" can usually sell out within 12 hours.

The primary market has reawakened from last year's lull, and the window for grabbing deals may only last through the first quarter.