This Ju.com analysis report attempts to answer a core question by systematically reviewing the technological evolution, regulatory dynamics, fundamentals of key projects, and macro valuation framework of the privacy coin sector: In an increasingly transparent on-chain era, why has privacy become even scarcer and more important?

In late October 2025, Norwegian company 1X Technologies released NEO, a humanoid robot priced at $20,000. It can fold clothes, tidy tableware, and serve tea and water, making the vision of robots entering the home a reality for the first time. Robotics, or decentralized physical AI (DePAI), is rapidly becoming a new focus in the crypto space. This report aims to comprehensively analyze this emerging field, exploring its market overview, core drivers, major projects, and future potential and risks.

On the evening of November 16, 2025, Ju.com hosted a major Twitter Space event themed "Breaking Brokerage Boundaries: JU's Breakthrough in Stock-Currency Integration." This was an in-depth discussion about the future direction of global financial infrastructure. The core leadership team of the JU ecosystem, including CEO Sammi, JuChain CEO Kiri, JuPay CEO Jerry, as well as veteran investor Sky and Web3 OG Crypto Nan, jointly outlined a grand blueprint for digital finance.

Since the sharp drop on October 10, 2025, mainstream spot trading volumes have continued to decline, investor sentiment has been cautious, and the industry as a whole has entered a downturn. However, in this market environment, Ju.com has delivered a remarkable performance: monthly active users reached 891,000, and the total number of registered users exceeded 51.9 million, demonstrating unique growth resilience against the backdrop of a generally contracting market.

ERC-8004 allows agents to break free from platform constraints for the first time, establishing verifiable collaborative relationships on the blockchain.