2025 Review & 2026 Outlook: The Second Half of Web3, from Narrative to Delivery The dramatic changes in 2025 have demonstrated the resilience and evolutionary capacity of the Web3 industry. As we enter 2026, the "second half" race has already begun. @osldotcom released its annual research report, viewing it as a key milestone marking the transition from the "first half" to the "second half."

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