By 2026, the crypto industry will stand at a clear watershed: marked by the institutional entry of institutional capital and the end of the traditional four-year halving cycle, the underlying logic of industry development is undergoing a fundamental shift. Institutionalization, regulatory clarity, the convergence of AI and Crypto technologies, the shift of value to the application layer, and stablecoins and RWA becoming core bridges constitute five irreversible consensuses, collectively driving the industry from "speculation and narrative-driven" towards a structural maturity defined by "cash flow, utility, and compliance."