After the spot trading went live, the BSC ecosystem did not exhibit the expected wealth-creating effect. Compared to SOL's market performance, this initiative seems more like a last-ditch defensive move rather than a genuine breakthrough.

What is more worth paying attention to is the internal dynamics of the ecosystem—participants are generally waiting for the opportunity to sell after a rise. The true intentions of institutions and project teams have become quite transparent. When all the cards are played out, the market cycle turning point is just around the corner. From the data perspective, the slowdown in ecosystem heat and the growth rate of new users have already signaled this.