RNGR just launched, and the market reaction has been tepid, which is quite common. New tokens often face a drop below issuance price, and the sentiment is generally pessimistic. But such moments are often turning points—projects with real strength stand out amid panic. Let's look at RNGR's fundamentals: FDV is approximately $18.4 million, circulating market cap is $2.2 million, and the product is already online and operational. Even more interesting is its positioning within the Solana ecosystem—it's the first perpetual futures aggregator that can automatically route to the best execution price, which is still a novel concept in the Solana DEX ecosystem. A drop below issuance price is not the end; product quality and ecosystem positioning are the true standards. RNGR has achieved at least two things: innovative features and solid data. Its subsequent performance is worth watching.

Speaking of $SOL, many people probably feel quite conflicted. It fell about 35% throughout 2025, performing the worst among mainstream coins. But there’s an interesting contradiction hidden here: Solana’s on-chain infrastructure is actually incredibly strong, capable of processing over 1100 transactions per second on average, making it one of the top performers among L1 blockchains. The disconnect between its price and fundamentals might actually be the turning point for a rebound in 2026. Why do I say that? Solana’s rebound story is actually quite clear: First is the ecosystem engine. The memecoin craze (projects like BONK) attracted a large influx of capital into Solana, with memecoins on Solana accounting for about 15% of the entire memecoin market cap. This isn’t just hype; it’s real capital and user inflow. Second, Solana has established advantages in high-frequency, consumer-grade application scenarios. These scenarios are highly sensitive to speed and cost, which are exactly Solana’s strengths. More importantly, new demand is emerging. The AI Agent economy is exploding, and these AI applications have rigid requirements for high-speed, low-cost transactions—precisely what Solana is tailored for. This is a genuine, sustained demand-driven growth. Based on analyses from multiple institutions, the potential target for SOL in this cycle is in the $400-500 range. In simple terms, Solana’s story is: when will technological efficiency translate into actual price premiums? When will the market be willing to pay for this adoption? The answer might be found in 2026.

ADA's performance in the New Year has definitely caught people's attention. It surged from $0.30 all the way to nearly $0.40, and trading volume has kept pace — this is not just hype. From a technical perspective, the Leios upgrade is progressing steadily, with core milestones already over halfway, which means there is still considerable potential ahead. On the institutional side, things are even more interesting — Grayscale has clearly increased its holdings, raising ADA's weight in its portfolio to 18.55%, second only to ETH and SOL, which is a significant signal. In the short term, high levels will indeed face some profit-taking pressure, but considering the overall upward cycle, the momentum remains healthy. The key points to watch are: whether the upgrade can continue to advance smoothly, and how market sentiment will evolve afterward. If you're already holding, stay steady, as these upgrade cycles often require patience. Those who haven't entered yet can keep an eye on it; gradual accumulation at reasonable levels is also a viable approach.