Today, let me analyze for everyone how to understand Boundless at a glance, allowing blockchain to be equipped with super chips. This dark horse in the ZK track is set to rewrite the game rules. When playing Web3 blockchain games, the frustrating issues of lagging operations and high gas fees are being addressed by Boundless using zero-knowledge proof (ZK) technology. It is the first open ZK computing self-service marketplace: developers submit complex computing demands, miners compete to generate ZK proofs with GPUs, and the results can be synchronized to Ethereum, Solana, and any chain for verification, achieving speed and cost-effectiveness, creating a 'win-win' for developers and miners.
Moreover, the results from the August testnet have exceeded industry expectations: 348,000 participants, 1,100 node miners, 8,800 verifications, and a voluntary donation of 214.26 ETH; technically, the scale of a single proof has increased from 3B to 50B (10 times), external miners set a new record of 23MHz (previous industry maximum was 2.5MHz), and 1,125 provers (nodes) far exceed the 3 in the similar project Succinct, also achieving 'proof of Ethereum full consensus', significantly enhancing data verification efficiency.
With many ZK projects, Boundless's core competitiveness lies in addressing the industry's 'real demand': developers no longer need to write complex circuits or build prover frameworks, and miners have dual income from order service fees and native token rewards; for the entire blockchain ecosystem, it acts like a 'super external chip', all L1 and L2 chains do not need to change code or consensus, and can gain ZK security and high computing power upon integration.
In September, Boundless has made significant moves: mainnet launch, TGE initiation, with similar projects like Succinct currently valued at 1 billion USD. It was last valued at 350 million USD in 2022, and its token currently has a market value of 800 million USD, still having considerable room for growth; backed by top institutions like Blockchain Capital, leading miners (like Bitmain), and top-tier ZK teams, its application scenarios cover Rollups, DePIN, blockchain games, zkML (AI on chain), and as long as there is a need for 'efficient, trustworthy, low-cost' computing in blockchain, it can play a role.
I have been watching the market for $MERL recently, and $0.5 feels like a hurdle that cannot be crossed, no matter how hard I try.
You might say the market lacks direction, but it has several times surged to $0.49 and $0.495, looking like it’s about to break through; however, when we say there's upward momentum, every time it touches that high point, a large number of sell orders immediately flood in, pushing the price back down.
This trend seems almost intentionally set up.
Let’s take a look at the on-chain data, which reveals the underlying mechanics more clearly. There are always a fixed group of addresses selling in batches at this price level, not a large volume, but the timing is particularly precise. It’s neither a panic sell-off nor a market stampede; rather, it’s professional swing traders executing a fixed strategy— for them, $0.5 is just a “switch,” sell when the price hits it, and exit once they’ve made enough profit.
If the next breakout can bring sufficient trading volume and hold steady for several days, then the three previous failures to break through were actually just clearing out weak hands. However, if there’s another failure, then $0.5 will not just be a resistance level; it will become a recognized reversal point, potentially even a complete false breakout trap.
Everyone holding $MERL needs to think clearly: what you are currently hoping for is whether there are still good stories to tell or if the trend truly has the strength to break through this resistance? #merl
$MERL always gets stuck at $0.5, this trend is so 'deliberate'
I've been watching the market for $MERL and the more I look, the more I feel it is trapped in a range set by humans, $0.5 seems like an insurmountable barrier, no matter how hard it pushes.
If you say the market has no direction, it has several times risen to $0.49, $0.495 and looked like it was about to break through; but if you say there's upward momentum, every time it hits this high point, a large amount of selling pressure immediately comes in, directly pushing the price back down.
This trend is definitely not random; instead, it exudes a sense of 'design'.
From a technical perspective, the most obvious thing is that this suppression pattern has already been established. $0.5 has become a solid resistance level: as the price approaches, the trading volume increases, selling pressure becomes active, and buying pressure can only retreat. The whole process is like a precise machine, waiting for retail investors to impulsively place orders, and then selling back to harvest a wave.
Looking at on-chain data, you can see the underlying tricks more clearly. There is always a fixed group of addresses selling in batches at this price level, the volume is not large, but the rhythm is particularly precise. This is neither panic selling by everyone nor a market crash; it's professional investors executing fixed strategies — for them, $0.5 is just a 'switch', selling at the price and withdrawing once they've made enough profit.
Now the most critical question is: can we get past this barrier of $0.5?
If the next breakthrough can bring sufficient trading volume and hold steady for several days, then the previous three failures were actually clearing out weak hands. But if it fails again, then $0.5 will not just be a resistance level; it will become a recognized reversal point for everyone, and it could even turn into a complete false breakout trap.
Finally, everyone holding $MERL needs to figure out: what you are looking forward to now, is it that there are still good stories to tell later, or does the trend really have the ability to break through this resistance?
The answer will depend on which direction the next K-line goes.
Since you are shameless, I won’t be either. Shijiazhuang is so small, someone will definitely notice! On November 15th, my car was jokingly pasted with a fake ticket by a friend, and they sent me a photo. I took it seriously and called my girlfriend to ask if she received a text. She said she didn't receive it. I thought it was delayed, so I logged into 12123 to check and found she had a violation. On 11.2, the main driver was holding a phone, and the man in the driver's seat, I didn't recognize. I looked at the violation address; it wasn't Shijiazhuang, it was Baoding. Remembering her itinerary on 11.2, I realized she lied on 11.2, which made me feel something was off. I felt very anxious, got out of the car, and stood by the roadside for a while to catch my breath. After stabilizing my emotions, I planned to check her phone while she was asleep at night. She doesn't know that I have always known her phone password. At 3 AM, I first opened WeChat and found no suspicious chat records. I opened China Mobile to check the call details for the day of 11.2 (she has a habit of calling for everything and doesn't like to use WeChat. I guessed she must have called to pick someone up), and found several suspicious numbers. I added them one by one on WeChat, and immediately a suspect appeared. Goodness, she actually didn't delete WeChat, just the chat records. What a bold move. I checked the financial transactions. Over the past year and a half, transfers totaling 66699918882000 and around 16,000 yuan appeared. Without chat records, I roughly understood it was definitely not an ordinary relationship.
I participated in the Binance Square creator task and received 74.17 ALT How is the ranking, influence evaluated, and how is it differentiated? Is there any knowledgeable teacher who can help me clarify this? I have published many articles, but I received these results. I don't know the reason, I'm so sad $BTC $ETH #创作者任务台
What is the current market situation, teachers Tell me loudly, what is the current market situation, woo woo woo How can I make money, it's not easy for Alpha either, is there a trading master to guide me. Give me a password $BTC
I've heard that Binance's creator tasks have issued rewards again and again? Are there any teachers who have been participating in the creator tasks? Let's see how much you've sent $BTC #创作者任务平台
$AIA {alpha}(560x48a18a4782b65a0fbed4dca608bb28038b7be339) I went, is this AIA so powerful? Why are there so many demon coins recently? I've never seen it before $BTC $ETH