【Crypto World】Market Observation: In this cycle, tokens across different sectors exhibit differentiated performance.
Stablecoins and yield-generating tokens: ENA's token unlock schedule and buyback mechanism create a tug-of-war, with price volatility being apparent but with relatively strong resilience. STX, backed by the imagination of Bitcoin-native revenue infrastructure, sees continuous growth in locked-in value, providing strong long-term support.
Ecosystem expansion: PENGU continues to attract speculative capital through cross-industry brand collaborations and increased retail penetration. SUI is gradually establishing itself as a leading Asian Layer-1 by leveraging well-known institutional partnerships, token buybacks, and ecosystem expansion.
Trading and computation: RAY benefits from record-breaking trading volume within its DEX ecosystem and exchange listings, boosting institutional recognition. RENDER attracts significant funding due to surging decentralized AI computing demand and ecosystem iterations. TAO, through channels like Grayscale, opens institutional access,