My youth is back～[From "Century Tears💧" to "Physical AI Newcomer🤖": How did BlackBerry $BB accomplish its self-redemption with a 270% surge?]

While the broader market oscillates in a zero-sum game, BlackBerry's ($BB ) perpetual contract on Hyperliquid @HyperliquidX has quietly surged to $11.6, cumulatively skyrocketing 270% since its April low.
This time, the main funds are no longer paying just for nostalgia and hot air???
1/ 📈 A Double Whammy of Performance and Narrative BlackBerry has fully completed its transformation to a software business in recent years.
Its core product, the QNX real-time operating system, is widely used in smart cars, autonomous driving, robotics, and other fields. Along with the recent Q1 results significantly exceeding expectations and the full-year guidance being raised, the market is revaluing it with the top-tier concept valuation of Physical AI (physical AI).
2/ 🐋 Absolute Carnival of Smart Money On-chain derivatives data is extremely crazy.
Trader 0xa5fd went long with 10x leverage on the first day of the contract listing for this asset, with an average entry price of $8.8. With only $58k in principal, the current floating profit has reached as high as $186k (a return rate of approximately 318%), and the position size is $770k.
3/ 🧐 Transformation Growth Stock vs Meme Market Resurgence?
As a veteran top player in the 2021 US "retail investors vs Wall Street" saga, BlackBerry's comeback this time has sparked a huge divergence of opinions in the market. Some firmly believe this is a fundamental hard reversal driven by its QNX business; while others argue that it is just another reincarnation of classic Meme market trends during the altcoin bleeding period with existing funds.
History does not repeat itself, but it often rhymes. Is BlackBerry's recent surge an inevitability of the AI era, or a coincidence of Meme sentiment🔥🔥?