Zama has released its 2026 roadmap, with a focus on establishing Total Value Protection (TVS) as a goal, and plans to prioritize the development of confidential payments, capital formation, and asset management. At the same time, Zama is developing new features to integrate confidential tokens into non-confidential DeFi protocols, allowing users to stake confidential assets across multiple platforms.

January 29 News, although the 2025 crypto cycle is widely described as "fundamentally driven," the actual flow of institutional funds shows a clear divergence. Taking Ethereum as an example, its price retraced about 11% in 2025, but on-chain activity continued to rise. Fuska and Pecta upgrades significantly reduced fees and alleviated congestion, with daily transaction volumes once surpassing 2.3 million, indicating that network efficiency is beginning to benefit the 2026 cycle. However, capital has not simultaneously flowed back on a large scale. The divergence in capital movement is especially evident in the ETF market. This week, total crypto-related ETF outflows approached $664 million, while the Grayscale ETF for Chainlink (GLNK) attracted approximately $4.05 million against the trend. During the same period, Ethereum-related products experienced net outflows of over $52 million. Data from SoSoValue also shows that LINK ETF funds even outperformed the higher market cap DOGE, and this difference seems less like short-term rotation and more like a long-term allocation choice.