Honestly, talking about @Starknet now, the label of "potential stock" is no longer enough to describe it. Many things don't need to rely on official hype; data is the most honest mouthpiece. Over the past six months, real money has been pouring into this ecosystem, directly pushing it into the front ranks of net capital inflow in the entire crypto market. Even more impressive, many public chains' TVL has been either sideways or diving, only it is one of the few that has climbed up from the bottom and multiplied several times!

I think the most straightforward signal is stablecoins—whether they stay or not is more reliable than any narrative. This year, the scale of stablecoins on Starknet has visibly skyrocketed, which is definitely not short-term speculation driven by hot money just passing through.

Looking at staking, it’s even more outrageous! $STRK 's locked-up amount has shifted to a different dimension; now about a quarter of the circulating supply is locked and lying flat. With this kind of token structure, if you say it’s all built on emotional hype, I really don’t believe it!

And then there's the BTCFi line, whose progress has exceeded my expectations. In just a few months, $BTC 's staking amount has gone from zero to over a thousand coins, clearly aiming for big things, not just small-scale experiments!

User numbers and revenue data are also rising along with the water level, making perfect sense. As more people use it, the revenue from apps in the ecosystem naturally soars. Now, Starknet’s revenue ranking in the Rollup track has already shot to the top.

Not to mention Perp, which many people use daily—more than half of its technical support behind the scenes is Starknet holding it up!

Overall, my view of Starknet has long changed: the narrative phase is completely over; now, it's the structure and data that are taking the lead in a hardcore way!

If 2025 is the year it gets "reclaimed" by the market, then 2026 will be the moment it truly unleashes and breaks through the ceiling!