Citing Etherealize ' s interpretation of Token Telminal data, the foreign media stated that, in the first quarter of 2026, while the Taipei was going down at cost, user activity and chain trade continued to grow. According to the article, this reflects the work being done in recent years in the direction of expansion of the Taifung, i.e., in exchange for greater network activity by reducing the cost of use.

Multiple indicators split over a quarter

Quarterly data show that money and trading activities in the Asia-Pacific ecology have fallen back in comparison with the previous quarter, but have continued to grow over the same period. The total value of the locks was $31,622 million, a decline of 11 per cent in the ring ratio, an increase of 22.8 per cent over the same period; and active lending of $21.8 billion, a decrease of 16.6 per cent, an increase of 39 per cent over the same period.

The trade volume was $134.5 billion, a decline of 24 per cent in the ring; and the ecological cost income was $2 billion, a decrease of 16.9 per cent. At the same time, the total market value of monetized assets amounted to $203.4 billion, an increase of 42.9 per cent over the same period, of which the stabilization currency was $17.8 billion.

The moon users are up high.

The article mentions that the number of live ETA users rose to 13.2 million in the first quarter, an increase of 53.5 per cent over the previous quarter, and an increase of nearly 86 per cent over the same period of the previous year, a high. During the same period, the number of chained transactions reached 200.4 million, and the volume of web-based throughput rose to 25.78 transactions per second.

In contrast to the increase in activity, Layer 1 costs continue to decline. In the first quarter, the cost of the Taifung network fell to $39.9 million, a decline of nearly 48 per cent compared to the previous quarter. This change is attributed to higher data capacity and lower transaction costs resulting from network upgrading.

Currencyized assets outnumbered

According to the data quoted in the article, the Taifung currently holds 61.8 per cent of the stable currency share, 73 per cent of the token fund share and 84 per cent of the tokenized commodity share, with an additional 79.2 per cent of the active DeFi loan share, which remains the main carrying network for the monetized assets.

The article mentions that the stabilization currency remains the largest category, driven mainly by USDT and USDC; that the growth of tokenization funds has been associated with the advancement of institutional products such as Belet; and that the monetization of gold products has led to the rapid expansion of the monetization of commodities.

Institutions continue to roll out products

The article also mentioned that several traditional financial institutions had recently continued to introduce products on the relevant tracks of the Taifung, including the new monetization fund in Beled, the second monetization market fund in Chase Morgan, and a monetization liquidity fund launched by Fuda International.

In the follow-up network planning, the forthcoming Glamsterdam upgrade is expected to triple the current level. The longer-term road map points to 10000 TPS by 2029 and to faster final confirmation.