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The recent rise of FHE coins has been mainly driven by market narratives and event expectations:
Privacy computing narrative: The core of Mind Network is fully homomorphic encryption (FHE) technology, aimed at providing privacy protection for applications such as AI Agents and on-chain payments.
As market attention to data privacy increases, this narrative has become a hot topic.
"2026 Privacy Year" expectation: Project teams and communities continue to promote the concept that "2026 will be the year of privacy," and have released related roadmap outlooks, which strengthen market expectations for its long-term development and attract investor attention.
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