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Is the bull market coming?
Recently, projects on the Ethereum chain have become active again.
First, let's talk about $SATO: it has done something very meaningful, proving that a "pure on-chain issuance mechanism" without operators or governance keys can work. Simply put, it takes the spirit of Bitcoin's "code is immutable and unchangeable" and applies it to Ethereum, all run automatically by smart contracts. However, due to the design of the contract, there is a clear problem: it is expensive to buy, cheap to sell. Many people thought this was a bug, but in fact, it is a feature inherent to the mechanism, causing significant price volatility. Now, $SAT1 has emerged, optimized based on $SATO : still maintaining minimalism and the spirit of "once deployed, forever immutable," but cleverly fixing that core flaw. Now, the buy and sell prices are nearly the same, making the experience much fairer. These signals remind people of the period before the 2020 bull market started, when various bold on-chain mechanism innovations kept appearing, early players began testing the waters, and the community gradually became excited. Although we can't say for sure that the bull market has arrived, these pure on-chain, decentralized experiments are reactivating, which is indeed a positive sign. #btc $BTC