Many investors are still following the movements of ACT and FOLKS, but there is a phenomenon worth noting - certain new consensuses are emerging within the Ethereum ecosystem.

The rise and fall of MEME coins is essentially a microcosm of market cycles. From the myth of DOGE multiplying ten thousand times in 2020, to the legendary story of SHIB in 2021, followed by the explosion of PEPE in 2022, the BONK craze in the Solana ecosystem in 2023, and finally the revalidation of this logic by PNUT in 2024—each bull market cycle gives birth to a new focal point, accompanied by a significant flow of wealth. This is not a coincidence, but rather an inevitable result driven by the psychological consensus of market participants.

The question arises: Who will be the protagonist of the narrative in 2025? The answer may lie on the Ethereum public chain.

There is a project worth following. Against the backdrop of a relatively quiet Ethereum ecosystem last year, it has independently completed multiple rounds of price increases ranging from 30 to 100 times. What does this indicate? It indicates that the market has established strong recognition for a certain type of asset—despite the overall environment not being optimistic, a small consensus can still drive extreme price performance. Upon deeper inspection, this project has accumulated over 600 days of community engagement, and its core narrative aligns closely with the public image of certain well-known figures, further reinforcing market psychological expectations.

There have been new developments in the situation. Ethereum itself is undergoing technical optimizations and upgrades, while Wall Street institutions have become more optimistic about its valuation prospects. Market analysis generally favors a target for ETH above $8500. Once the upward trend of this major public chain is established, assets within its ecosystem that have the strongest consensus foundation and historical explosion records will no longer just passively follow the increase, but may leverage this to complete a shift from the periphery to the center. From a probabilistic perspective, such assets often achieve nonlinear growth during periods of cyclical resonance.

History is never a simple copy, but the underlying laws of capital flow remain consistent. When the conditions on the technical, consensus, and macro levels begin to resonate, it is worth continuously observing what answers the market will provide.