Ripple executives' latest statements have sparked market attention. Regarding the key legislative developments that impact the structure of the cryptocurrency trading market, industry insiders emphasize that we are now in the sprint phase — the market structure proposal is close to passing, and this is the last opportunity before the established goal is achieved, leaving no room for complacency. Implicitly, the industry has high expectations for this rule revision, which involves the reconstruction of trading infrastructure and market order. This stance reflects that the policy negotiations surrounding market structure are still in a critical window, with all parties striving to ensure that the final version meets industry needs.