In the past few days, the increase of $FHE has indeed been quite eye-catching.
The contract popularity, ranking in trading lists, and discussion volume—are visibly on the rise.
However, I won't blindly praise it just because it has risen.
Is the increase backed by real attention, or is it just a temporary push from the media?
I am still observing myself.
However, there are a few solid points:
First, it is a project that is truly implementing FHE.
Not one of those empty shells that only pay lip service to "privacy narratives."
DeepSeek officially integrates it—this can be verified on GitHub.
The MCP, Coze, and encrypted inference from Byte's side, all indicate that
it is indeed trying to apply FHE in a production environment.
Second, the direction is correct.
AI needs to move toward high-trust scenarios like healthcare, finance, and agency execution,
The fact that large models “see your privacy” will eventually need to be addressed.
The logic of FHE being “usable yet invisible” is born for this purpose.
Of course, there are also many problems:
The operational cost of FHE is high, and the speed is still not fast enough,
The agent economy has not yet formed large-scale real consumption.
If these problems can't be solved, the narrative may just turn into a PowerPoint.
So for me:
In the short term, it has emotions and trades,
In the medium term, we need to see if landing and cooperation can continue to push forward,
In the long term, we need to ask a core question:
Is it the closest to a trusted AI infrastructure in Web3?
If so, then this current price looks like the early stage.
If not, then this wave of increase may just be an emotional dividend.
I will continue to observe how far it can go,
But at least this time—I am willing to give it a bit of trust.
