That day, I came across the news that a major exchange ecosystem was launching a USD1 trading competition. As someone who has been active in the crypto space for many years, I immediately became alert—this pattern feels a bit familiar, reminiscent of the opening of last year's wealth-creating rally.

Is this a replay or a new chapter? Let’s discuss it in detail today.

**What happened last year**

Do you remember May of last year? A project called BUILDon saw its price skyrocket after being paired with USD1. In just a few days, it surged over 550%, reaching a high of $0.285, with a market cap once hitting $460 million. For those who had early positions, that was a true account-level transformation.

What was the driving force behind this? It was the USD1 trading competition with a $200,000 prize pool. It attracted a massive number of participants, and the 24-hour trading volume of the B/USD1 pair hit an astonishing $16.52 million, accounting for more than one-third of the entire chain’s USD1 trading volume. After the event, BUILDon was officially recognized and listed on related platforms, pushing the entire ecosystem’s enthusiasm to a new level.

**Are there any changes this time?**

This year’s USD1 trading competition has already started. On the surface, the rules seem similar, but a closer look reveals some differences. The status of USD1 within the ecosystem has clearly risen, and the overall operational logic of the system has been adjusted. Whether this is a rebound rally or a new story remains to be seen.