Several trends worth noting:

1. Meme coins on Sol have shifted from PVP mode to a more traditional narrative.

Pumpfun is a typical PVP operation, but after extreme fluctuations, Meme coins have gradually developed a deeper narrative space.

2. Meme coins on Ethereum or other old Memes are no longer novel.

In the market, dealers typically absorb chips for several months, then intensively shout out orders, followed by frantic dumping, leading to many old Meme operations feeling tedious or even repulsive. In contrast, Meme coins on Sol, after experiencing extreme PVP gameplay and with ample on-chain liquidity, are even more attractive.

3. Future wealth opportunities are temporarily concentrated around narratives such as BTC, Sol, Sol Meme, Musk, and Trump.