Market validation speed for logic often exceeds expectations.

The day before yesterday, I was analyzing ELSA's project execution capability and the ecological advantages of the Base chain, and now I have witnessed this key market recognition. The most interesting aspect of such projects is — they can quickly reverse the situation under large sell pressure, and this resilience reflects the market's genuine judgment of their fundamentals.

Prices will eventually converge towards value. It now appears that the current rally around the Base ecosystem has only just begun. When market participants realize the scarcity of high-quality projects, the supply and demand dynamics will start to reshape the pricing logic. Those projects that can maintain resilience amid volatility often signal a larger trend shift.