I have waited a long time for $FHE , and this wave of rise has finally come!
Previously, I saw the privacy track heating up, but most projects were still in the conceptual stage, and only FHE has truly applied privacy technology, so I have been paying attention.
As a result, it really moved these past few days: rebounding from around 0.015 all the way to about 0.056, now stabilizing at 0.043, performing a very clean V-shaped reversal.
Currently, the double bottom of 0.015-0.016 is thoroughly stabilized, and now the trading volume has increased, directly swallowing the previous weak range with a large bullish candle.
To be honest, I reviewed the overall logic again, and the core reason for such a decisive rise is still the absurdly strong fundamentals of $FHE .
It is not relying on concepts, but rather one of the few truly "capable of running" projects in the privacy track:
On the technical level, it not only received funding from the Ethereum Foundation but was also integrated with DeepSeek's official GitHub, promoting FHE standardization alongside ZAMA and Chainlink;
On the product level, AgenticWorld already has 60,000 AI Agents running, MindX's encrypted LLM can interface with DeepSeek, and FHE Bridge has 650,000 addresses using it, making it a system that is truly operational online;
On the ecological level, the backing partners are also very strong, including Binance Labs, Animoca, Chainlink, and they frequently appear in mainstream channels such as Nasdaq, Cointelegraph, and Binance Research.
The grand narrative of privacy + AI is already rising, and fully homomorphic encryption has been mentioned multiple times by Vitalik Buterin as a direction; once market sentiment warms up, the projects that are easiest to initiate are those that are "technically solid, truly applicable, and strongly endorsed." This wave of FHE's rise seems sudden, but it is actually the result of the convergence of technology, ecology, and market.
If looking purely at the market, short-term attention should be on the pullback opportunities at 0.033-0.039, and mid-term focus on the breakthrough at 0.056.
However, if we look at a larger cycle, I feel this wave is more like a beginning rather than an end.
