【What signals are on-chain data releasing?】

Recently, I found an interesting phenomenon on the chain: $WHALE surged 33% in 24 hours, with its market cap directly breaking through the all-time high of $18.4 million. But this isn't just a celebration for a single Meme coin—it's reflecting a larger shift in capital flows.

I observe trends on three levels:

**Capital is quietly migrating**
Ethereum's high Gas fee issue has always existed. Solana, with its low cost and high speed advantages, is attracting hot money. On-chain data is very straightforward—Solana's stablecoin net inflow has been rising for three consecutive weeks, indicating that professional funds have already been strategically positioned early.

**Ecosystem activity is increasing**
The explosion of Meme coins is often a leading indicator of ecosystem heat. Recently, the Jupiter airdrop expectations have heated up, and the trading volume on Tensor NFT marketplace has surged significantly. Solana is gradually forming a "Meme + NFT + DeFi" three-layer money-absorbing structure. This isn't an isolated action by a single project but a resonance across the entire ecosystem.

**Technical support exists**
The weekly chart of SOL/USDT has stabilized above a key support level, and on-chain TVL has increased by over 15% in seven days. These are not short-term hype explanations; genuine capital is continuously flowing in.

**My trading logic:**

*Short-term (1-4 weeks)*: Focus on projects within the Solana ecosystem that have gained community consensus and have dispersed on-chain addresses, especially opportunities combining Meme and NFT. But be cautious—avoid projects manipulated by large holders.

*Mid-term (1-3 months)*: During ecosystem explosions, the underlying infrastructure will directly benefit. RPC services, cross-chain bridges, and similar foundational protocols are the true beneficiaries of ecosystem prosperity.

*Risk management is essential*: Do not allocate more than 5% of your total funds to Meme tokens, and strictly adhere to take-profit and stop-loss rules. These rules are not just for show.

**Honestly speaking**
The market always rewards those who understand the flow of capital first. While most people are still debating bull or bear, on-chain data has already provided the answer. What I do is never about "prediction," but about choices based on real data and probabilities. In this round, I still believe in the movement of chips on the chain.