LBank's "Pulse Focus" Season 2 is set to launch soon, decoding a new era of encryption with structured cognition.

LBank, a leading global cryptocurrency trading platform, recently announced that the second season of its in-depth interview series, "Pulse Focus," will launch on December 19th. Against the backdrop of a rapidly reshaping narrative, capital flows, and user behavior within the cryptocurrency industry, cyclical iterations are becoming increasingly frequent, making it difficult for traditional analytical frameworks to effectively capture underlying changes. At this crucial juncture, the second season of "Pulse Focus" will feature a more systematic knowledge framework and a cross-disciplinary lineup of guests, helping global users gain early insights into the market's trajectory and direction.

Over the past year, the core changes in the crypto market have exhibited distinct "structural characteristics," with many trends coinciding with the early predictions of guests in the first season of *Pulse Focus*. Meme assets have evolved from being driven by one-off emotions to becoming an attention-grabbing ecosystem that combines cultural symbolism with capital momentum; new public chains are continuously compressing narrative lifecycles through rapid experimentation; the mature operation of Bitcoin and Ethereum spot ETFs has allowed compliant global funds to enter on-chain assets in a continuous and large-scale manner for the first time; decentralized derivatives, with their depth and stability, have joined the ranks of core infrastructure, substantially impacting price discovery and risk appetite; the DAT treasury model has opened compliant channels for more traditional institutions to enter the on-chain capital market; and the role of stablecoins has been further deepened, evolving from a payment medium into the underlying system for cross-border clearing and value transfer. These trends have converged into an industry consensus: 2026 may become a turning point in reshaping the global crypto cycle, and the need for structured understanding is rapidly amplifying.
Eric He, Community Angel Officer and Risk Consultant at LBank, stated, “In an era of structural competition, price fluctuations are merely a superficial phenomenon. The core of cognitive depth lies in whether users can construct a dynamic explanatory framework. Pulse Focus does not directly output conclusions, but rather empowers users to develop a structured ability to analyze the market, capture trends, and form forward-looking judgments.”
Based on this, the second season of *Pulse Focus* has undergone a comprehensive upgrade in its content positioning: explaining trends, reconstructing cognition, and providing a supply framework. LBank deeply understands that users don't lack opinions, but rather the "toolbox for interpreting change." The first season already brought together leading figures such as Spencer Yang, co-founder of Fractal Bitcoin, and Danny Deng, founder of Taiyi Group. The second season has been comprehensively upgraded in terms of depth, logic, and information architecture, emphasizing professionalism, structure, and reusable methodologies to help users extract long-term cognitive value from high-frequency, fragmented information.
Meanwhile, the guest lineup for the second season of *Pulse Focus* has been completely upgraded, becoming a major highlight of this season. "Meme Godfather" Murad Mahmudov will return to the stage for the second time, systematically analyzing the interconnected logic of "narrative density, attention structure, and on-chain liquidity" in *Pulse Focus*; Viktor, Global Community Head of the TON Foundation, will explain how community narratives accelerate mainstream user adoption on Telegram; and Keyur Rohit, one of the most influential voices in the Indian crypto community, will share how to seize key information amidst noise and make clearer judgments in highly volatile market conditions. Several OGs from the front lines of on-chain data, derivatives trading, AI models, and ecosystem growth will also join, collectively building a cross-disciplinary cognitive network that enables users to gain a more comprehensive understanding of market drivers.
In terms of content presentation, the second season of *Pulse Focus* will systematically break down key topics such as the long-term price mechanism of mature Bitcoin ETFs, the value capture structure of attention assets, the diffusion path of on-chain liquidity, the synergistic effect of AI and on-chain assets, and the driving role of stablecoin system iterations in cross-border capital flows and ecosystem growth. Using a structured approach of "data + case studies + expert judgment," complex trends will be made more observable, explainable, verifiable, and predictable. Meanwhile, this season will de-emphasize traditional Q&A, adopting a narrative style closer to in-depth reporting. Through structured indicators such as migration curves, on-chain holdings, cross-chain flows, and narrative lifecycles, it will intuitively present the underlying operational logic of the industry, helping users truly understand "what is happening in the market."
As a global trading platform with a decade of experience in the crypto industry, LBank has accumulated a wealth of verifiable practical experience in areas such as liquidity, ecosystem development, and user behavior. The launch of Season 2 of *Pulse Focus* is a crucial step in systematizing, structuring, and reusable these long-term insights. The column aims to provide global users with a cross-cycle reference framework in a more professional, pragmatic, and long-term-oriented manner, helping participants maintain robust understanding in rapidly changing structural environments.
Looking ahead, Season 2 of *Pulse Focus* will focus on core variables with structural impacts on industry direction, including the evolving global role of stablecoins after institutionalization, the repositioning of DEXs and CEXs in the liquidity landscape, how on-chain economies build resilience during deleveraging, and the long-term structural impact of new narratives such as AI Agents, RWA, and PayFi on capital flows. As the market enters a new phase that is more complex but offers greater opportunity density, LBank hopes that *Pulse Focus* will provide more than just information; it aims to offer the ability to understand the world, judge cycles, and identify structural turning points. *Pulse Focus* will also continue to expand its cognitive boundaries, forming a knowledge network that can evolve alongside the industry, helping global users upgrade their understanding before the next major cycle arrives and gain a more solid forward-looking advantage in long-term competition.


