#数字资产市场动态 【New Divergence in Public Chain Competition: Infrastructure Faction vs. Traffic Faction, Who Will Win in the End?】

Recently, there's a detail worth pondering. A senior executive from a leading exchange shared his true attitude towards Meme coins in a community—he likes the meme itself but isn't very interested in this type of coin. He also emphasized that he will continue to speak out on social media (which is his personal right), but also advised everyone not to take V influencers' tweets as investment signals.

What does this behind-the-scenes statement reflect?

**First, a cooling signal.** When public chains like Solana attract a large influx of new users and funds due to the Meme craze, this kind of "disinterest" statement is actually a way to cool down the market—don't treat speculative hype as long-term value. Instead of chasing the trend, think about real needs.

**Second, differences in strategic choices.** Some public chains focus on optimizing user experience, reducing transaction costs, and improving ecosystem tools; others are better at creating hot topics and narratives. Both paths can attract capital, but their sustainability varies significantly.

**Third, risk boundaries.** Influencers need to maintain influence while avoiding accusations of "market manipulation." Declaring disinterest in Meme coins, to some extent, is also a way to cut ties with speculative hype.

**And then?**

This indicates that the crypto market may enter a new phase—from "whose hot traffic is bigger" to "whose infrastructure is more user-friendly." Even established assets like $BTC and $ETH are in this situation; ultimately, competition among emerging public chains will still come down to practical applications.

For retail investors, the lesson is simple: V influencers have the freedom to speak, but your freedom lies in choosing. Don't let the hype of a single tweet hijack your judgment—ask yourself more often what you're using and why.