$FHE: The rapid increase is not the main point; the key is why it is rising
$FHE
Recently, the most noticeable thing in the market is $FHE, currently priced around 0.06U, which has accumulated a rise of 247% since December 7, with a single-day peak increase of +55%. Its name frequently appears on Binance's gainers list and in contract trading volumes. You could say the market is hot, but it is hard to argue that this isn't a structural focus.
What truly ignited this wave of market activity is Mind Network's announcement to expand to Solana. The biggest challenge for AI wanting to go on-chain is privacy, and FHE (Fully Homomorphic Encryption) allows AI to perform computations "without seeing the data." The speed of Solana combined with Mind's privacy capabilities, along with the AI direction of the Pippin ecosystem, makes "cross-chain private execution, invisible addresses, A2A transactions" a reality for the first time.
More importantly, this is not an isolated event. Chainlink Rewards, Kucoin contracts going live, Cointelegraph reports mentioning it, and Binance Research highlighting FHE technology... all of these are pushing attention in the same direction: AI × privacy is being repriced, and $FHE is standing at the center of this narrative.
I'm not exaggerating, nor am I downplaying the risks. With such a large increase, short-term fluctuations are definitely coming. But trends sometimes rely not on emotions, but on logic. In this current window, the story of $FHE is worth observing more than its K-line.
