ChainCatcher news, renowned Silicon Valley angel investor Naval Ravikant posted on X, "The transition to a decentralized financial system takes time. In terms of market capitalization, we are currently less than 5% of the target."Naval is a well-known angel investor in Silicon Valley, having invested in famous tech companies like Twitter and Uber. He is also a successful entrepreneur, having founded the equity crowdfunding platform AngelList, and is the author of the famous book "The Almanack of Naval Ravikant."