SXT has finally started to rebound. From the K-line, it coincidentally began to rise right after Grayscale launched the Space and Time trust fund. I just checked Grayscale's trust fund list, and Space and Time, which has only been established for three weeks, is already ranked ninth in asset size, just behind XRP. The buying volume is indeed quite impressive, with major cryptocurrencies like Sui and Filecoin following it. @SpaceandTimeDB, as Microsoft's only investment in the crypto space, has a strong lineage of elite talent from the American tech industry. As a private equity fund targeting high-net-worth individuals, the backing from Microsoft is likely the reason for the rapid buying speed of Grayscale's Space and Time. In addition to Grayscale's support, let me elaborate on its relationship with Microsoft. The partnership between Space and Time and Microsoft is not just a coincidence; Microsoft has led two rounds of investment in it and has already entered the Microsoft Azure marketplace. Microsoft's own Fabric analytics platform has also integrated Space and Time, serving as an exclusive data provider to offer real-time data on Bitcoin, Ethereum, and Sui to Microsoft Fabric users. The value of Space and Time to Microsoft is that it serves as a bridge between this giant traditional software developer and the blockchain. Developers within the Microsoft ecosystem can use Space and Time, and according to the announcement, this integration did not involve any payment, meaning it is not a typical commercial partnership but rather an internal integration, to some extent making it part of Microsoft. Finally, here’s the link to the video Grayscale made for Space and Time, which specifically discusses why Grayscale is optimistic about and has launched its trust fund. To summarize, the current public chain data structures are quite simple. For example, when you open a blockchain explorer, you can only click through one by one, and it’s not possible to quickly retrieve data like in a traditional database using SQL, which is quite troublesome for developers. Therefore, Space and Time enables blockchain data to be processed using SQL while also incorporating ZK verification to ensure data accuracy without leakage. The original video link is as follows.