#数字资产市场动态 Why do some projects last longer? Take a look at the ecosystem. The DApp ecosystem built on Pi has nearly 200 applications, which truly demonstrates the ability to generate sustainable value. In contrast, many pure community projects are essentially traffic businesses—attract a wave of fans, cash out, and leave, with no intention of creating long-term value. Promises of short-term wealth are always the most attractive, but an ecosystem that can survive two bear markets is the real key. $BNB also followed this path early on; once the infrastructure was in place, it could not be starved regardless of what happened later. Ecosystem applications are the real moat, while community hype is just fleeting. $Pi still has a long way to go, but the direction is right.