【Blockchain Rhythm】The narrative around Ethereum is quietly shifting. Over the past year, institutional funds have entered the market on a large scale through digital asset vaults (DAT), which is seen as a watershed moment — the next growth driver will no longer come from pure speculative trading, but from real financial products. Mike Silagadze, CEO of ether.fi, straightforwardly states that Ethereum's next phase of expansion will be driven by available financial products. What are the key players in this space? A category of applications known as "crypto-native new banks" is emerging. Their logic is simple — they combine self-custody, high-yield stablecoin products, and the user-friendly experience of traditional mobile banking. In other words, users can enjoy DeFi's high yields (on-chain returns of 4%-5%), without having to worry about Gas fees, private key management, cross-L2 operations, and other complicated issues. This is especially appealing to those who are kept out by DeFi's barriers but are dissatisfied