According to CoinMeta, as reported by Cryptonews, there are currently 8 crypto projects in the market that have made significant progress in real-world applications. These projects offer usable products and measurable user adoption, along with token models driven by practicality. Stacks serves as a layer on top of Bitcoin, allowing developers to build lending and trading applications, with a locked value of $545 million in the first quarter of 2026. Zest is a lending market on Stacks, with over 800 BTC deposited, valued at approximately $100 million. Ondo Finance is a leader in tokenizing real assets, with a locked value of over $4 billion in June. Ethena is a synthetic dollar issuer, with a supply of over $13 billion. Venice provides access to an encrypted AI model, allowing users to generate content without retaining data. Pudgy Penguins has made a breakthrough in mainstream retail, with sales exceeding 2 million units. Plasma is a blockchain designed specifically for stablecoins, supporting zero-fee USDT transfers. Maple, as an institutional credit platform for DeFi, has facilitated loans worth over $5 billion.