السوق يدخل فترة استقرار، وتناوب القطاعات الفرعية: المنطق الأساسي على السلسلة وراء ارتفاع POL بنسبة 50%

【Coin Sphere】After a strong start to the year, the crypto market has entered a consolidation phase. Bitcoin and Ethereum both posted weekly declines under 2%, with no particularly dramatic fluctuations. However, looking at the holdings leaderboard reveals something interesting——Polygon’s POL token surged nearly 50% driven by robust on-chain activity, a gain that certainly catches the eye. During the same period, Render and Fetch.ai also performed well, reflecting sustained bullish sentiment in the market toward AI and decentralized computing sectors.

The privacy coin camp shows clear divergence. Monero posted an 11% gain, but Zcash wasn’t as fortunate, experiencing a sharp decline. What does this tell us? Not all niche sectors can capitalize on trend benefits.

Looking back at this week, there’s a phenomenon worth considering: what determines token performance isn’t so much broad market resonance as it is on-chain ecosystem vitality and thematic momentum. Whichever network is actually operating and whichever applications are genuinely launching——the market votes with its feet. This is more reliable than chasing trend theories.