Jinse Finance reported that a16z has released its latest crypto report, pointing out that privacy protection is returning to the spotlight and may become a prerequisite for mass adoption. Signs of rising attention include: a surge in Google searches related to crypto privacy in 2025; Zcash's shielded pool supply growing to nearly 4 million ZEC; and Railgun's monthly transaction volume surpassing $200 million. At the same time, the Ethereum Foundation has established a new privacy team; Paxos has partnered with Aleo to launch a private and compliant stablecoin (USAD); and the Office of Foreign Assets Control has lifted sanctions on the decentralized privacy protocol Tornado Cash. We expect that as crypto technology continues to go mainstream, this trend will gain even greater momentum in the coming years.