1. Among the newly announced listing targets of Binance Alpha, there is a $GEL, which is for the RaaS track

2. At present, both relatively mature L2 and emerging projects in the market are doing this

3. Optimism, AltLayer and even the newly launched Movement have such a framework

4. It promotes the pattern of application chains, and the original competition pattern of general L2 has also been upgraded

5. Further promote the industry's rigid demand for aggregation solutions such as chain abstraction

6. Gelato was a relatively standard project at the time, but it still launched Alpha, which also reflects that the screening line of Alpha is not very high and does not only look at the market heat, which is beneficial to some projects with inactive communities but basic businesses/products

7. From the time I issued the rating to now, the market value of GEL has nearly doubled, which has nothing to do with the launch of Binance Alpha, but it also confirms my point of view: in this round of cycle, there are many Alphas with a market value of 10-50 million in the secondary market.