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Fear and Greed Index fell to 11It's time to bottom-fish again, should I buy now or wait a bit longer? 😵 Example of the impact during periods of extreme fear March 2020 COVID-19 crisis: The index once fell to a historical low of 6 points, and the price of Bitcoin dropped to around $3800-4000. This extreme fear phase was accompanied by a global liquidity crisis and panic selling, but then the market quickly turned bullish with the support of fiscal and monetary stimulus, with Bitcoin increasing by over 1500% in the next 12 months, driven primarily by institutional entry and a recovery in risk appetite. Late in the 2022 bear market (after the FTX collapse): The index repeatedly fell into single digits (around 10-12 points), and the price of Bitcoin approached a low of $16,000. Although this period was marked by prolonged sideways movement and further pressure, these lows laid the foundation for a recovery in 2023-2025, with many long-term holders accumulating assets in extreme fear and later reaping significant returns.

Fear and Greed Index fell to 11

It's time to bottom-fish again, should I buy now or wait a bit longer? 😵
Example of the impact during periods of extreme fear
March 2020 COVID-19 crisis: The index once fell to a historical low of 6 points, and the price of Bitcoin dropped to around $3800-4000. This extreme fear phase was accompanied by a global liquidity crisis and panic selling, but then the market quickly turned bullish with the support of fiscal and monetary stimulus, with Bitcoin increasing by over 1500% in the next 12 months, driven primarily by institutional entry and a recovery in risk appetite.
Late in the 2022 bear market (after the FTX collapse): The index repeatedly fell into single digits (around 10-12 points), and the price of Bitcoin approached a low of $16,000. Although this period was marked by prolonged sideways movement and further pressure, these lows laid the foundation for a recovery in 2023-2025, with many long-term holders accumulating assets in extreme fear and later reaping significant returns.
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The value of Plasma ($XPL) in emerging markets lies in addressing the structural pain points of cross-border remittances. Users in high-inflation areas face high fees and delays from traditional banks, while Plasma offers near-instant, frictionless experiences through protocol-level zero-fee USDT transfers and sub-second confirmations. The Plasma One app further integrates debit card and savings functionalities, enabling cashback on offline purchases and high yields, with total value locked (TVL) stabilizing at several billion dollars and daily transactions reflecting real adoption. In the long run, designs focused on payment closed loops are expected to capture some of the trillion-dollar stablecoin traffic instead of relying on speculation. It is advisable to monitor the growth of active wallets on the chain and merchant penetration rates as key indicators for assessing sustainability. #plasma $XPL {spot}(XPLUSDT) @Plasma
The value of Plasma ($XPL) in emerging markets lies in addressing the structural pain points of cross-border remittances. Users in high-inflation areas face high fees and delays from traditional banks, while Plasma offers near-instant, frictionless experiences through protocol-level zero-fee USDT transfers and sub-second confirmations.

The Plasma One app further integrates debit card and savings functionalities, enabling cashback on offline purchases and high yields, with total value locked (TVL) stabilizing at several billion dollars and daily transactions reflecting real adoption.

In the long run, designs focused on payment closed loops are expected to capture some of the trillion-dollar stablecoin traffic instead of relying on speculation.

It is advisable to monitor the growth of active wallets on the chain and merchant penetration rates as key indicators for assessing sustainability.

#plasma $XPL
@Plasma
The Chaotic Dance of the Market in 2026If I had to describe the crypto market in 2026 in one word, it would probably be - noisy. The indistinguishable 'public narrative', the blame-shifting exchange disputes, the tug-of-war of trust between project parties and the community... The volatility of the market is indeed severe, but what truly exhausts people is the chaos left after the narrative fails. In this context, the market begins to show a subtle change: No longer in a hurry to chase the next story, but instead reflecting on what is truly 'doing the work.' VANRY, it is in this atmosphere that the discussion has been brought back to the center.

The Chaotic Dance of the Market in 2026

If I had to describe the crypto market in 2026 in one word, it would probably be - noisy.
The indistinguishable 'public narrative', the blame-shifting exchange disputes, the tug-of-war of trust between project parties and the community...
The volatility of the market is indeed severe, but what truly exhausts people is the chaos left after the narrative fails.
In this context, the market begins to show a subtle change:
No longer in a hurry to chase the next story, but instead reflecting on what is truly 'doing the work.'
VANRY, it is in this atmosphere that the discussion has been brought back to the center.
The crypto market in 2026 no longer believes in 'stories'. After experiencing too many beautifully packaged but hollow projects, the market has begun to become realistic: Without a product, all narratives will expire. VANRY is not the kind of project that instantly creates FOMO. It does not rely on slogans, nor is it in a hurry to define the 'next era', but instead focuses on the truly usable infrastructure in games, entertainment, and AI scenarios. This choice may seem slow in a bull market, but is rare in the current situation. When price fluctuations occur, discussions follow; When the hype fades, what remains is the real test. Whether VANRY can go far depends not on the market conditions, but on: Whether it can deliver continuously, be used continuously, and be chosen by developers continuously. In an emotionally overloaded market, Persisting in doing 'boring but necessary things' is itself a rarity. @Vanar #Vanar $VANRY {future}(VANRYUSDT)
The crypto market in 2026 no longer believes in 'stories'.

After experiencing too many beautifully packaged but hollow projects, the market has begun to become realistic:

Without a product, all narratives will expire.

VANRY is not the kind of project that instantly creates FOMO.

It does not rely on slogans, nor is it in a hurry to define the 'next era', but instead focuses on the truly usable infrastructure in games, entertainment, and AI scenarios.

This choice may seem slow in a bull market, but is rare in the current situation.

When price fluctuations occur, discussions follow;

When the hype fades, what remains is the real test.

Whether VANRY can go far depends not on the market conditions, but on:

Whether it can deliver continuously, be used continuously, and be chosen by developers continuously.

In an emotionally overloaded market,

Persisting in doing 'boring but necessary things' is itself a rarity.
@Vanar #Vanar $VANRY
The cryptocurrency market in 2026 looks more active than ever before. But if you take a serious look, you'll find that this is not prosperity, but noise. Fraud, infighting, blame-shifting, deleting posts, changing statements, one hot event after another is rapidly consuming the most important thing in the market—trust. In such an environment, new projects have almost no opportunity to be 'patiently understood'. Either they are overly hyped, or they are prematurely sentenced to death. XPL happens to be in this awkward position. It does not rely on celebrity endorsements, nor does it follow an emotionally driven route; it focuses on stablecoin settlement and payment infrastructure—things that are 'not sexy but necessary'. Yet it happens to enter the public eye during the most anxious phase of the market, where everything is easily misinterpreted. When price fluctuations occur, doubts follow; When unlocking is discussed, speculation quickly amplifies. But what is truly worth paying attention to has never been the daily ups and downs, but rather: —— Is the mechanism clear? —— Is the information transparent? —— Can the project continue to operate without emotional support? Perhaps the hardest hurdle for XPL is not technology or the market, but how to slowly prove itself in a crypto era where people 'no longer easily trust anyone'. @Plasma #plasma $XPL {future}(XPLUSDT)
The cryptocurrency market in 2026 looks more active than ever before.

But if you take a serious look, you'll find that this is not prosperity, but noise.

Fraud, infighting, blame-shifting, deleting posts, changing statements, one hot event after another is rapidly consuming the most important thing in the market—trust.

In such an environment, new projects have almost no opportunity to be 'patiently understood'.

Either they are overly hyped, or they are prematurely sentenced to death.

XPL happens to be in this awkward position.

It does not rely on celebrity endorsements, nor does it follow an emotionally driven route; it focuses on stablecoin settlement and payment infrastructure—things that are 'not sexy but necessary'.

Yet it happens to enter the public eye during the most anxious phase of the market, where everything is easily misinterpreted.

When price fluctuations occur, doubts follow;

When unlocking is discussed, speculation quickly amplifies.

But what is truly worth paying attention to has never been the daily ups and downs, but rather:

—— Is the mechanism clear?

—— Is the information transparent?

—— Can the project continue to operate without emotional support?

Perhaps the hardest hurdle for XPL is not technology or the market, but how to slowly prove itself in a crypto era where people 'no longer easily trust anyone'.
@Plasma #plasma $XPL
From Farce to Truth: When Trust Collapses in the Crypto WorldThe cryptocurrency market in 2026 is not lacking in 'excitement'. Some people rely on the halo effect of celebrities to create trust, but it ends up evolving into fraudulent donations; There are leading exchanges blaming each other, each telling their own story, while users can only bear the risk in the middle; There are also projects that rapidly crash after soaring, with the official explanation always being the same few phrases - 'market sentiment', 'misunderstood', 'malicious FUD'. Against this backdrop, the cryptocurrency market is not merely experiencing a price correction, but a systematic erosion of trust. And XPL, precisely at this moment, was pushed into the spotlight.

From Farce to Truth: When Trust Collapses in the Crypto World

The cryptocurrency market in 2026 is not lacking in 'excitement'.
Some people rely on the halo effect of celebrities to create trust, but it ends up evolving into fraudulent donations;
There are leading exchanges blaming each other, each telling their own story, while users can only bear the risk in the middle;
There are also projects that rapidly crash after soaring, with the official explanation always being the same few phrases - 'market sentiment', 'misunderstood', 'malicious FUD'.
Against this backdrop, the cryptocurrency market is not merely experiencing a price correction, but a systematic erosion of trust.
And XPL, precisely at this moment, was pushed into the spotlight.
The legendary trader has ultimately fallen. Previously relying on a certain extreme 'high win rate' strategy, he managed to achieve a cumulative return of 100 times by continuously rolling over during the decline in November, and later logged into the Binance copy trading leaderboard, attracting a large amount of copy trading funds. From a hundredfold return to now facing a near 10 million USD liquidation, he has currently closed all real trading and cannot be searched. Social media also has no record of this person. The lesson from the 'doctor' incident is that the pursuit of extreme returns often comes with extreme risks. The 'hundredfold myth' of leveraged rolling is fragile and unsustainable. In contrast, infrastructure projects like XPL offer an alternative choice—accumulating value through technology and applications, transcending cyclical fluctuations. For investors, amid the current extreme fear sentiment (Fear and Greed Index 13-18), prudently assessing whether a project has a long-term moat, rather than chasing high profits from copy trading, may be a more prudent strategy. @Plasma #plasma $XPL {spot}(XPLUSDT)
The legendary trader has ultimately fallen. Previously relying on a certain extreme 'high win rate' strategy, he managed to achieve a cumulative return of 100 times by continuously rolling over during the decline in November, and later logged into the Binance copy trading leaderboard, attracting a large amount of copy trading funds.

From a hundredfold return to now facing a near 10 million USD liquidation, he has currently closed all real trading and cannot be searched. Social media also has no record of this person.

The lesson from the 'doctor' incident is that the pursuit of extreme returns often comes with extreme risks. The 'hundredfold myth' of leveraged rolling is fragile and unsustainable. In contrast, infrastructure projects like XPL offer an alternative choice—accumulating value through technology and applications, transcending cyclical fluctuations. For investors, amid the current extreme fear sentiment (Fear and Greed Index 13-18), prudently assessing whether a project has a long-term moat, rather than chasing high profits from copy trading, may be a more prudent strategy.

@Plasma #plasma $XPL
I'm done, before $SOL's exchange runs away, it still has to step into the crypto world. It feels like the crypto world is basically completely finished, give up on fantasies and face reality. Mainstream coins have been cut in half and cut in half again, altcoins have dropped 90% and can drop another 90%, dropping to delisting. In the future, there will be more and more zero-value coins, like @Vana (VANRY), which has dropped from 1.2U to now 0.006. If it doubles now, would you be happy? #Vanar $VANRY {future}(VANRYUSDT)
I'm done, before $SOL's exchange runs away, it still has to step into the crypto world. It feels like the crypto world is basically completely finished, give up on fantasies and face reality.

Mainstream coins have been cut in half and cut in half again, altcoins have dropped 90% and can drop another 90%, dropping to delisting.
In the future, there will be more and more zero-value coins, like @Vana Official (VANRY), which has dropped from 1.2U to now 0.006. If it doubles now, would you be happy?
#Vanar $VANRY
The Entire Process of the 'Fraudulent Donation Sister' Elizabeth's 200,000 Hong Kong Dollar Donation IncidentCause of the Incident and Timeline End of November to early December 2025: A serious fire broke out in Hong Fu Court, Tai Po, Hong Kong, causing significant casualties and property damage. Yan Chai Hospital and other institutions established emergency aid funds, and several companies in the crypto industry (such as Binance and Matrixport) donated tens of millions of Hong Kong dollars. The community called for more support. December 1, 2025: Elizabeth (self-identified as a Bitcoin holder and degen trader, with over 130,000 fans) tweeted on platform X, claiming to donate 200,000 Hong Kong dollars to Yan Chai Hospital, with the caption 'The fire is ruthless, but people are kind,' and attached a screenshot of the 'donation receipt.' The tweet quickly garnered hundreds of thousands of views and thousands of likes, and was once seen as a positive representation of the industry.

The Entire Process of the 'Fraudulent Donation Sister' Elizabeth's 200,000 Hong Kong Dollar Donation Incident

Cause of the Incident and Timeline
End of November to early December 2025: A serious fire broke out in Hong Fu Court, Tai Po, Hong Kong, causing significant casualties and property damage. Yan Chai Hospital and other institutions established emergency aid funds, and several companies in the crypto industry (such as Binance and Matrixport) donated tens of millions of Hong Kong dollars. The community called for more support.

December 1, 2025: Elizabeth (self-identified as a Bitcoin holder and degen trader, with over 130,000 fans) tweeted on platform X, claiming to donate 200,000 Hong Kong dollars to Yan Chai Hospital, with the caption 'The fire is ruthless, but people are kind,' and attached a screenshot of the 'donation receipt.' The tweet quickly garnered hundreds of thousands of views and thousands of likes, and was once seen as a positive representation of the industry.
Currently, RIVER is stable above 10U, and the cost of redeeming points for tokens is currently 2.22U each. As long as the coin price does not fall below 2.22U three months from now, there is a profit to be made. $RIVER {future}(RIVERUSDT)
Currently, RIVER is stable above 10U, and the cost of redeeming points for tokens is currently 2.22U each. As long as the coin price does not fall below 2.22U three months from now, there is a profit to be made.
$RIVER
Many people watched as the price of VANRY fell from 0.38 all the way down to 0.006. No matter how beautiful the original vision was, the price means that it ultimately reflects the market's vote on a value proposition, rather than just a score of a technical white paper. Perhaps some still firmly believe in the future of Vanar, but from the price trends, the market's answer over the past period has been very clear. The high point of 0.38 dollars was not without reason; it represented the market's imagination of Vanar Chain's development potential at that time. But the reality is that for more than a year, the price of VANRY has fallen below 0.01 dollars. The value of a token ultimately relies on real applications and economic circulation to be supported; otherwise, it is just a "token that has not been utilized." According to market data, the trading volume, market capitalization, and ranking of VANRY are all at extremely low levels, making it impossible to form stable support in the short term. If a token cannot establish a robust internal cycle, burning mechanism, or real consumption scenarios, then it is "supported by air" economically. @Vanar #Vanar $VANRY {spot}(VANRYUSDT)
Many people watched as the price of VANRY fell from 0.38 all the way down to 0.006.

No matter how beautiful the original vision was, the price means that it ultimately reflects the market's vote on a value proposition, rather than just a score of a technical white paper.

Perhaps some still firmly believe in the future of Vanar, but from the price trends, the market's answer over the past period has been very clear.

The high point of 0.38 dollars was not without reason; it represented the market's imagination of Vanar Chain's development potential at that time. But the reality is that for more than a year, the price of VANRY has fallen below 0.01 dollars.

The value of a token ultimately relies on real applications and economic circulation to be supported; otherwise, it is just a "token that has not been utilized."

According to market data, the trading volume, market capitalization, and ranking of VANRY are all at extremely low levels, making it impossible to form stable support in the short term.

If a token cannot establish a robust internal cycle, burning mechanism, or real consumption scenarios, then it is "supported by air" economically.
@Vanar #Vanar $VANRY
XPL incorrectly displayed at $4, traders forcibly liquidated event timeline reviewTimeline: September 25, 2025 evening That day, Plasma's native token $XPL was trading on multiple markets, and around 23:00 UTC that evening, the price of the XPL perpetual contract on the decentralized derivatives exchange Aster DEX suddenly skyrocketed from $1.30 to nearly $4. But the problem is: In other exchanges or spot markets, the price of XPL is still around $1.30. This led to an absurd result — traders holding perpetual contracts on Aster were automatically liquidated, suffering heavy losses, because the contract system believed the price had truly skyrocketed, rather than being a system error.

XPL incorrectly displayed at $4, traders forcibly liquidated event timeline review

Timeline: September 25, 2025 evening
That day, Plasma's native token $XPL was trading on multiple markets, and around 23:00 UTC that evening, the price of the XPL perpetual contract on the decentralized derivatives exchange Aster DEX suddenly skyrocketed from $1.30 to nearly $4.

But the problem is:
In other exchanges or spot markets, the price of XPL is still around $1.30.

This led to an absurd result — traders holding perpetual contracts on Aster were automatically liquidated, suffering heavy losses, because the contract system believed the price had truly skyrocketed, rather than being a system error.
Early public offering project, deposit 0.1 USD to receive 10,000 USD. If you participate in the public pre-sale of XPL in July, you will be able to purchase XPL tokens worth up to 1.45 USD at a cost of 0.05 USD, yielding up to 29 times the profit. Sister Doll spent 50,000 USD and earned 1.35 million USD in returns. In addition to the public issuance, Plasma's official team has arranged two airdrops. One of them is in cooperation with Binance, distributing 100 million tokens through the subscription of Plasma USDT regular products. The other method is to directly airdrop XPL tokens on-chain to early users who made deposits. Data shows that this XPL airdrop was not large in scale, totaling 25 million tokens, with a maximum value of about 36.25 million USD. However, since each user received 9,304 tokens, with a maximum value exceeding 13,000 USD, all airdrop recipients considered this a significant profit. A total of 2,687 addresses received the airdrop on-chain. Among them, 2,603 addresses also participated in the public pre-sale of XPL. In other words, the XPL airdrop is actually an additional reward for early public pre-sale participants. Additionally, many people on social media are discussing that depositing 1 USD on Plasma can yield 9,304 tokens, which is the best value airdrop ever. Data shows that indeed some users only deposited 0.1 USD and ultimately received 9,304 tokens. This is equivalent to a return of 134,000 times. @Plasma #plasma $XPL {spot}(XPLUSDT)
Early public offering project, deposit 0.1 USD to receive 10,000 USD.

If you participate in the public pre-sale of XPL in July, you will be able to purchase XPL tokens worth up to 1.45 USD at a cost of 0.05 USD, yielding up to 29 times the profit.

Sister Doll spent 50,000 USD and earned 1.35 million USD in returns.

In addition to the public issuance, Plasma's official team has arranged two airdrops.
One of them is in cooperation with Binance, distributing 100 million tokens through the subscription of Plasma USDT regular products.
The other method is to directly airdrop XPL tokens on-chain to early users who made deposits. Data shows that this XPL airdrop was not large in scale, totaling 25 million tokens, with a maximum value of about 36.25 million USD.

However, since each user received 9,304 tokens, with a maximum value exceeding 13,000 USD, all airdrop recipients considered this a significant profit.
A total of 2,687 addresses received the airdrop on-chain. Among them, 2,603 addresses also participated in the public pre-sale of XPL.

In other words, the XPL airdrop is actually an additional reward for early public pre-sale participants.
Additionally, many people on social media are discussing that depositing 1 USD on Plasma can yield 9,304 tokens, which is the best value airdrop ever.

Data shows that indeed some users only deposited 0.1 USD and ultimately received 9,304 tokens. This is equivalent to a return of 134,000 times.

@Plasma #plasma $XPL
AI chatbots are getting smarter, yet they always seem to suffer from 'short-term memory loss'.The context of the last conversation disappeared in an instant. Important documents or asset records cannot be retrieved once the device is changed? Web3 clearly promises data permanence, so why is it still so easy to experience 'digital amnesia'? Vanar Chain ($VANRY) directly addresses this core pain point by reconstructing the entire blockchain stack from the ground up. It is not just temporarily slapping an AI label on a traditional L1, but is inherently designed for AI: a five-layer integrated architecture (Vanar Chain base layer + Neutron semantic storage + Kayon inference engine + Axon automation + Flows industry applications), transforming data from 'dead records' into 'living seeds' that AI can understand, reason, and permanently remember.

AI chatbots are getting smarter, yet they always seem to suffer from 'short-term memory loss'.

The context of the last conversation disappeared in an instant. Important documents or asset records cannot be retrieved once the device is changed? Web3 clearly promises data permanence, so why is it still so easy to experience 'digital amnesia'?

Vanar Chain ($VANRY) directly addresses this core pain point by reconstructing the entire blockchain stack from the ground up. It is not just temporarily slapping an AI label on a traditional L1, but is inherently designed for AI: a five-layer integrated architecture (Vanar Chain base layer + Neutron semantic storage + Kayon inference engine + Axon automation + Flows industry applications), transforming data from 'dead records' into 'living seeds' that AI can understand, reason, and permanently remember.
On January 23, Plasma completed integration with NEAR IntentsThis cross-chain protocol handles over $10 billion in liquidity, covering more than 25 chains. The integration allows USDT0 (Plasma's native stablecoin) and $XPL to seamlessly access a unified liquidity pool, supporting large, low-slippage settlements and asset exchanges. This directly strengthens Plasma's positioning in cross-border payments and institutional-grade stablecoin liquidity, reduces the pain points of multi-chain fragmentation, and paves the way for future access by mainstream payment giants. During the same period, Binance Square launched the CreatorPad event from January 16 to February 12, with a reward pool of 3.5 million $XPL (approximately $500,000). The event upgraded the point system, prioritizing high-quality content and genuine interactions, aiming to enhance community engagement and project visibility. This move injects a short-term catalyst in a sluggish market environment, driving retail user attention and trading activity.

On January 23, Plasma completed integration with NEAR Intents

This cross-chain protocol handles over $10 billion in liquidity, covering more than 25 chains. The integration allows USDT0 (Plasma's native stablecoin) and $XPL to seamlessly access a unified liquidity pool, supporting large, low-slippage settlements and asset exchanges. This directly strengthens Plasma's positioning in cross-border payments and institutional-grade stablecoin liquidity, reduces the pain points of multi-chain fragmentation, and paves the way for future access by mainstream payment giants.

During the same period, Binance Square launched the CreatorPad event from January 16 to February 12, with a reward pool of 3.5 million $XPL (approximately $500,000). The event upgraded the point system, prioritizing high-quality content and genuine interactions, aiming to enhance community engagement and project visibility. This move injects a short-term catalyst in a sluggish market environment, driving retail user attention and trading activity.
Sometimes I realize that we have become accustomed to judging a project in a very short amount of time.Seeing the keywords, glancing at the official website, and looking at market trends, I basically have a conclusion in mind. It's fast, but the cost is—many things are overlooked before they are understood. Vanar Chain is one of the few projects that makes me want to stay a little longer. Not because it is particularly stimulating, but because it assumes that you may not be able to use it right now. It does not discuss the currently most active on-chain demands, but rather AI, virtual worlds, and real-time generated content—these scenarios that are still in formation. From a design logic perspective, Vanar does not focus on 'higher TPS' or 'cheaper Gas,' but rather builds around low latency, high-frequency interactions, and a scalable world. This is actually a very clear judgment: if the future world is dynamically generated and participants are not just humans, then the underlying structure must be different.

Sometimes I realize that we have become accustomed to judging a project in a very short amount of time.

Seeing the keywords, glancing at the official website, and looking at market trends, I basically have a conclusion in mind. It's fast, but the cost is—many things are overlooked before they are understood.

Vanar Chain is one of the few projects that makes me want to stay a little longer. Not because it is particularly stimulating, but because it assumes that you may not be able to use it right now. It does not discuss the currently most active on-chain demands, but rather AI, virtual worlds, and real-time generated content—these scenarios that are still in formation.

From a design logic perspective, Vanar does not focus on 'higher TPS' or 'cheaper Gas,' but rather builds around low latency, high-frequency interactions, and a scalable world. This is actually a very clear judgment: if the future world is dynamically generated and participants are not just humans, then the underlying structure must be different.
Sometimes I also think about whether I am waiting for a project to come out, or waiting for an answer to the question of "whether my initial judgment was correct." XPL's recent status, to be honest, is quite ordinary. The price has no dramatic changes, and the level of discussion is low. The zero-fee USDT transfer aspect, when viewed rationally, is not complicated; the demand exists, but it’s not the type that can explode immediately. But it has one characteristic: it has always been there. Not lively, nor has it disappeared. In this fast-paced market, it actually seems a bit unusual. I now look at XPL without much emotion. I don't expect miracles, nor do I have the energy to be disappointed every day. More often, I observe it to see if it can really be needed at some stage. Some projects compete on popularity, some projects compete on time. XPL is clearly the latter. @Plasma #plasma $XPL {spot}(XPLUSDT)
Sometimes I also think about whether I am waiting for a project to come out,

or waiting for an answer to the question of "whether my initial judgment was correct."

XPL's recent status, to be honest, is quite ordinary. The price has no dramatic changes, and the level of discussion is low. The zero-fee USDT transfer aspect, when viewed rationally, is not complicated; the demand exists, but it’s not the type that can explode immediately.

But it has one characteristic: it has always been there.

Not lively, nor has it disappeared. In this fast-paced market, it actually seems a bit unusual.

I now look at XPL without much emotion.

I don't expect miracles, nor do I have the energy to be disappointed every day. More often, I observe it to see if it can really be needed at some stage.

Some projects compete on popularity,

some projects compete on time.

XPL is clearly the latter.
@Plasma #plasma $XPL
Sometimes the most dangerous thing is not not understanding a project, but thinking too quickly that you already understand it. I felt the same way when I first looked at Vanar ($VANRY): AI, virtual worlds, future infrastructure, a quick glance made me want to scroll away. But after reading a few more pages, I realized that it had no intention of serving the current hottest on-chain demands, but rather assumes a future world filled with AI participation and real-time content generation. This is also why it currently seems "not lively". It doesn't tell its story through TPS, but is designed around low latency, high-frequency interaction, and scalable worlds, assuming that the users are not just humans. $VANRY 's positioning in the ecosystem is more like "resource consumption" rather than pure Gas, which means its value almost entirely depends on whether there is a real world running. Without applications, it is nothing; with applications, it becomes valid. So I have always been very restrained in my attitude towards Vanar. It's not that I think it will definitely succeed, but at least it is not trying to solve an already overcrowded problem. @Vanar #Vanar $VANRY {spot}(VANRYUSDT)
Sometimes the most dangerous thing is not not understanding a project,

but thinking too quickly that you already understand it.

I felt the same way when I first looked at Vanar ($VANRY): AI, virtual worlds, future infrastructure, a quick glance made me want to scroll away. But after reading a few more pages, I realized that it had no intention of serving the current hottest on-chain demands, but rather assumes a future world filled with AI participation and real-time content generation.

This is also why it currently seems "not lively".

It doesn't tell its story through TPS, but is designed around low latency, high-frequency interaction, and scalable worlds, assuming that the users are not just humans.

$VANRY 's positioning in the ecosystem is more like "resource consumption" rather than pure Gas, which means its value almost entirely depends on whether there is a real world running.

Without applications, it is nothing; with applications, it becomes valid.

So I have always been very restrained in my attitude towards Vanar.

It's not that I think it will definitely succeed, but at least it is not trying to solve an already overcrowded problem.

@Vanar #Vanar $VANRY
Do you ever have that feeling?Stablecoins are clearly already a trillion-dollar monster, yet transferring money still feels like using telegrams from last century—gas fees bouncing around, confirmations taking forever, and you even have to teach the other party to buy some native coins to receive money? It's simply ironic. Plasma ($XPL) directly turns the page on this absurd script. It's not just another 'faster and cheaper' generic L1, but rather a deep dive into the stablecoin payment track from the protocol level. The core highlight is the built-in Paymaster: simple USDT transfers with zero fees and sub-second confirmations, allowing users to send money as smoothly as sending an Alipay red envelope without even touching XPL. Imagine this: you're working in Tokyo, sending living expenses to your parents back home every month, and the bank fees plus exchange rate losses amount to several thousand yen—it's painful; using the Plasma One app linked to your debit card, you can swipe at a 7-11 on the street for 4% cashback, and idle funds can earn over 10% annualized—this isn't just a DeFi experiment, it's really putting crypto into everyday wallets.

Do you ever have that feeling?

Stablecoins are clearly already a trillion-dollar monster, yet transferring money still feels like using telegrams from last century—gas fees bouncing around, confirmations taking forever, and you even have to teach the other party to buy some native coins to receive money? It's simply ironic.

Plasma ($XPL) directly turns the page on this absurd script. It's not just another 'faster and cheaper' generic L1, but rather a deep dive into the stablecoin payment track from the protocol level. The core highlight is the built-in Paymaster: simple USDT transfers with zero fees and sub-second confirmations, allowing users to send money as smoothly as sending an Alipay red envelope without even touching XPL. Imagine this: you're working in Tokyo, sending living expenses to your parents back home every month, and the bank fees plus exchange rate losses amount to several thousand yen—it's painful; using the Plasma One app linked to your debit card, you can swipe at a 7-11 on the street for 4% cashback, and idle funds can earn over 10% annualized—this isn't just a DeFi experiment, it's really putting crypto into everyday wallets.
Sometimes I wonder if I've been trained by crypto into some fixed routine. During the day, I work seriously, and at night, I automatically refresh the market; I say 'I'm optimistic in the long run,' but my hands honestly click on the price. Reasonable responsibility comforts me, while emotions keep me up at night, with clear divisions of labor. Recently, Vanar ($VANRY) has been appearing repeatedly on my list. It talks about AI, virtual worlds, future infrastructure—sounds impressive and distant. How distant? Well, life is already a mess, and I'm still worrying about the underlying architecture of the future digital world. To say I'm not anxious would be a lie. On one hand, I feel quite awake, while on the other, I fantasize late at night about 'what if one day I can step outside.' This state of mind makes it too serious for investment and too realistic for dreaming, caught in between, just enough to torment me. The most ironic thing is that while we are becoming more rational in speech, our hearts are becoming more stubborn. Knowing full well that most projects won't make it to the end, I still leave myself with a fallback expectation—not all in, just reluctant to delete. So my attitude towards $VANRY is probably this: I dare not hold too much hope but am unwilling to completely disbelieve. During the day, it's just a project, at night it becomes material for 'Am I overthinking this again?' Forget it, no more analysis. If I keep analyzing, I'll have to start making PPTs for my life. Let’s leave it at that; I have to get up early tomorrow. @Vanar #Vanar $VANRY {spot}(VANRYUSDT)
Sometimes I wonder if I've been trained by crypto into some fixed routine.

During the day, I work seriously, and at night, I automatically refresh the market; I say 'I'm optimistic in the long run,' but my hands honestly click on the price. Reasonable responsibility comforts me, while emotions keep me up at night, with clear divisions of labor.

Recently, Vanar ($VANRY) has been appearing repeatedly on my list. It talks about AI, virtual worlds, future infrastructure—sounds impressive and distant. How distant? Well, life is already a mess, and I'm still worrying about the underlying architecture of the future digital world.

To say I'm not anxious would be a lie.

On one hand, I feel quite awake, while on the other, I fantasize late at night about 'what if one day I can step outside.' This state of mind makes it too serious for investment and too realistic for dreaming, caught in between, just enough to torment me.

The most ironic thing is that while we are becoming more rational in speech, our hearts are becoming more stubborn.

Knowing full well that most projects won't make it to the end, I still leave myself with a fallback expectation—not all in, just reluctant to delete.

So my attitude towards $VANRY is probably this:

I dare not hold too much hope but am unwilling to completely disbelieve.

During the day, it's just a project,

at night it becomes material for 'Am I overthinking this again?'

Forget it, no more analysis.

If I keep analyzing, I'll have to start making PPTs for my life.

Let’s leave it at that; I have to get up early tomorrow.
@Vanar #Vanar $VANRY
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