I recently noticed an interesting phenomenon while monitoring the market: whenever the market cools down a bit, someone starts to obsessively interpret K-line charts, talking about "head and shoulders bottom" or "neckline breakout" and the like. But honestly, things in the crypto world are often not that complicated. The core logic is actually this: money always flows to the hottest places, and where are the hot spots? On-chain.

Recently, I’ve been observing on-chain activity, and a very clear signal has emerged—the "mini coin ecosystem" on the SOL chain has become active again. Various small tokens, some of which you might not have heard of, have recently experienced stories of hundreds of times gains in a short period. Once this narrative appears, market sentiment explodes. But what is the driving force? It’s not that everyone suddenly believes in some grand vision, but that they see real people making money through it.

This is the most primitive and also the most powerful engine. Any lofty discussion about the future of the ecosystem pales in comparison to the story of "someone turning 500 into 100,000 overnight."

One point I keep emphasizing in the community, which many people haven’t fully understood yet: on-chain heat determines the real invisible buying power of the main token.

Why do I say that? The logic is quite straightforward:

Want to "surf" on the SOL chain? You need SOL. Want to "fight gas wars" on Ethereum? You need ETH. Want to "mine" on the BNB chain? First, you need to have BNB.

When transactions on a certain chain become high-frequency and activity explodes, and Gas fees are being wildly consumed, the corresponding main token automatically becomes a necessary fuel. Pay attention to the direction of this logic—not that the main token rises first and then drives ecosystem activity, but the opposite. Ecosystem爆发 first, and the main token is passively bought up. Transaction volume, user activity, DeFi prosperity—these on-chain "temperatures" determine the actual demand for the main token.

So, the recent strength of SOL is not really "suddenly getting stronger." To put it simply, its on-chain "gambling table" is once again full of people, with funds trading, settling, and consuming Gas there. The demand for the main token naturally rises. This is the most straightforward and also the hardest logic to deceive—supply and demand.