📈 $FHE The market trend of the past couple of days... I have to say a few words

Recently, I have been watching the market a bit confused — the trend of $FHE is so strong that it makes it impossible to pretend to ignore it.

I lay out the data here, and everyone can judge for themselves, neither exaggerating nor downplaying:

▰ Current price about 0.058U

▰ From 12/7, it has cumulatively risen by +247% (≈2.5×)

▰ On 12/9, a single day +55%

▰ Binance's increase ranking has repeatedly appeared

▰ Binance's contract trading volume surged to 19th, second only to $SUI

▰ On-chain sentiment has clearly heated up, and the market depth is also thickening

❗️ Do you think this is "overdraft"?

❗️ Or do you think this is just the beginning of "FHE (Fully Homomorphic Encryption) x AI narrative"?

I don’t have an answer either, but the trend has indeed delivered a heavy blow to the market.

🔍 Why have so many people suddenly focused on $FHE recently?

Because Mind Network has suddenly intensified its efforts on both the technical and ecological fronts.

1️⃣ Expanding to Solana, bringing cross-chain FHE privacy protection for AI agents

Why Pippin?

Because they believe "the future of AI needs a privacy layer".

And Mind Network is filling that gap.

2️⃣ Industry recognition continues to ramp up

▰ The first batch of collaborative projects in Chainlink Rewards Season 1

▰ Kucoin has launched contracts

▰ Cointelegraph has included FHE technology as a new research focus

▰ Binance Research has repeatedly highlighted the trend of FHE technology

▰ ByteDance's platform Coze and Volcano Engine MCP have integrated Mind Network's FHE capabilities

▰ Alibaba Cloud has deeply adopted Mind Network's FHE security capabilities, providing underlying support for DeepSeek's encrypted reasoning

You can say these are bubble narratives, or you can say it's the eve of the maturation of the FHE track. But they have indeed had an impact on trading sentiment.

💬 To be honest:

With such a sharp short-term rise, there is definitely a risk of retracement.

But conversely:

A project that truly implements FHE onto the mainnet, being integrated by DeepSeek / Chainlink / ByteDance / Alibaba Cloud, etc., could not possibly go unnoticed.

The current market situation is — sentiment, narrative, and fundamentals are igniting simultaneously.

If you recognize FHE, you will feel this is the starting point;

If you do not recognize FHE, you will feel this is excessive excitement.

Regardless, the market has already given its answer through trading volume and market depth.