币圈意哥

Storj 的开发生态不是空壳式的代码提交堆叠，2025年，代码提交次数排名第八！

在最近统计周期里，Storj 在 GitHub 上共有约 1,617次有效提交，分布在 132 个核心仓库，展现出明显的技术迭代与维护活跃度；同时其去中心化存储网络有超过 32,000 个运行节点分布在 100 多个国家，支撑着真正运行的数据服务，说明项目不仅有代码活跃，还有真实用户参与和基础设施规模，这些数据都证明了 Storj 作为去中心化存储基础设施的生态活跃与真实存在。 $STORJ

First, its growth comes from "usage", not from sentiment.
The common characteristic of slow bull projects is that prices are not driven up by narratives but are pushed along by real demand bit by bit. The core data of this project (number of users, active accounts, application usage frequency) often grows first, while prices lag behind. In other words, the fundamentals lead the way, and the market sets the price later, which is contrary to the typical logic of hot spots and speculation in fast bull markets.

Second, it addresses "long-term problems", not "short-term speculation".
Slow bull public chains typically do not benefit from MEME, short-term DeFi, or high-leverage trading bonuses, but rather serve slower, larger markets—such as ordinary users, Web2 migration, and real applications. The growth curve of this kind of demand is naturally gentle, but once it reaches scale, it is hard to reverse. This determines that it resembles "infrastructure assets" more than "market amplifiers".

Third, its ecological expansion is "retention-based", not "subsidy-based".
Many fast bull public chains rely on:
Subsidies → Short-term projects influx → Peak heat → Project loss.
In contrast, the characteristics of slow bull public chains are:
Tools are easy to use → Projects can survive → Users stay → Ecology grows on its own.
When developers and applications come not for subsidies but to remain for long-term operations, growth may be slow but is very sticky.

Fourth, its narrative is not sexy, but it is counter-cyclical.
Slow bull projects often seem "not aggressive enough" during bull markets, but their presence is actually stronger during bear markets. Because they do not rely on funding sentiment, they do not need to constantly tell new stories; as long as usage remains, the market cannot ignore them. Many funds will return to these kinds of "assets that can still deliver results" after sentiment wanes. $NEAR

In 2025, the Avalanche ecosystem has developed into a diversified and highly active public chain ecosystem, with over 370 active projects, 500+ subchains in support, millions of real users participating, and tens of billions in DeFi TVL. The number of projects and on-chain activity data clearly show that the Avalanche ecosystem is steadily expanding and maturing. In 2025, the number of code submissions ranks seventh $AVAX

很多人玩合约，并不是因为他们更懂市场，而是因为合约在数学期望上，给了人一种“理性可控”的错觉。

从理性角度看，合约的核心诱惑只有一句话：
用更小的本金，博取更大的随机收益。

如果把一次合约交易抽象成数学模型，它看起来极其合理。假设胜率为 p，单次盈利为 G，单次亏损为 L，那么期望收益为：E = p·G − (1−p)·L，只要 E > 0，从数学上看，这是一场“值得反复参与的游戏”。

问题在于，大多数人默认了一个根本不成立的前提：他们高估了 p，低估了 L。

在高杠杆合约中，L 并不是线性增长的。杠杆为 k 时，真实亏损接近于：L ≈ 本金 × k而 G 往往被止盈、滑点、手续费截断，于是公式在现实中悄悄变成了：E ≈ p·(受限收益) − (1−p)·(放大亏损)

再往下推一步，会碰到真正致命的东西——爆仓概率。只要存在一个有限阈值使得亏损=100%，那么在无限次交易中，破产概率 P 会趋近于 1lim(n→∞) P(爆仓) = 1，这不是情绪判断，而是经典的赌徒破产定理。

换句话说，只要你持续参与一个“有爆仓上限”的随机过程，哪怕胜率略高于 50%，只要仓位和杠杆不为 0，时间站在失败那一边。

那为什么人还是会不断下单？
因为人不是按长期期望值做决策的，而是按短期方差行动。合约把收益分布变成了：小概率暴利 + 高频刺激反馈。从神经系统角度看，这相当于一个强化学习模型：随机奖励 > 稳定奖励。大脑会主动忽略长期期望 E，转而追逐偶然出现的极端正反馈。

所以很多人并不是“想赌博”，而是在一个看似理性的数学模型里，被精心设计的概率结构持续诱导。合约的地方在于：它允许你在局部样本里不断“证明自己是对的”，却在整体分布中，早已注定结局。当一个人开始频繁玩合约，往往不是因为他不懂概率，而是因为他只计算了自己想相信的。

很多人研究加密市场的方式，是先找机构名单，再对着清单抄答案。仿佛只要知道“谁买了”，就自动等于知道“为什么涨”。

他们不看时间点，不看成本结构，不看参与方式，不看机构是投了一级、做了市、还是早就通过衍生品对冲完风险。在他们眼里，机构只有一个动作：买。

这是最省事、也最危险的理解方式。机构入场从来不是一锤子买卖，是一整套博弈结构：建仓、锁仓、退出、对冲、再分发。你看到的是公告里的名字，他们完成的是早已结束的阶段。

更讽刺的是，很多被当成“机构重仓”的币，机构早已通过锁定、返利、回购条款把风险转移得干干净净，真正裸露在市场里的，往往只剩下情绪和流动性。

于是市场出现了一种荒诞场景：散户在研究机构“现在买了什么”，而机构在研究散户“什么时候会接盘”。

把投资简化成“跟机构买币”，本质上就是拒绝理解这个市场。因为机构买的是结构、概率和退出路径，而不是K线上的那一根幻想。

当你只盯着机构名单，却不看代码、不看进展、不看产品、不看真实使用，你不是在学习资本，
你是在给资本提供流动性。

真正残酷的事实是：机构并不需要你理解他们，他们只需要你相信他们。#币圈现状

资本和机构并不是靠情绪做决策的。他们推动价格之前，一定已经完成了足够多的筛选。

真正的大资金，不可能去买那些没有代码提交、没有开发节奏、没有真实社区的项目。这些项目也许能靠情绪拉一两次，但根本承载不了规模化资金的进出。

机构需要的是确定性：
代码是否持续迭代，架构是否经得起审计，团队是否长期在场，生态是否能自我生长。没有这些基础，再好的故事也只是流动性陷阱。

所以你看到的“资金推动上涨”，从来不是随意发生的。它背后对应的，一定是能被验证的建设、评估的风险、以及长期仍然成立的逻辑。

散户可以靠想象买入，但资本只能在现实中下注。短线资金可以制造波动，但真正能走出趋势的，只会是那些配得上大体量资金的项目。

这也是为什么，喧嚣里看起来“什么都在涨”，
但周期拉长后，真正被资本留下的，永远只是极少数。

会变成这样，并不是因为人变懒了，而是环境本身在不断奖励错误的行为。
在一个可以无限发币、几乎没有成本的市场里，注意力比技术更容易变现，情绪比代码传播得更快。
多数人进入加密世界，本就不是为了理解系统，而是为了在更短时间里博到更大的波动。
当短期价格一次次被证明“比基本面更有用”，研究代码自然就成了性价比最低的事情。
平台算法、社群氛围和KOL叙事，又不断放大涨跌情绪，把复杂的技术问题压缩成一句“要不要梭”。
久而久之，市场形成了一种路径依赖：不看代码也能赚钱，看代码反而错过行情。
于是理性被边缘化，建设被忽视，讨论从“这个系统能不能长期存在”退化成“下一根拉在哪”。
这不是个体的失败，而是一个在短期激励下，被集体推着走向浅层化的市场。

Many people never look at code platforms, do not check submission records, do not know if there are developers working on the project, and are even unclear if the community still exists, yet they only stare at prices every day and shout for increases.
They do not care whether the protocol has iterated, whether vulnerabilities have been fixed, or whether the roadmap has been fulfilled; they only care if the candlestick chart can provide an outlet for emotions.
In their eyes, blockchain is not a technical system, but a lottery ticket that is constantly refreshed.
But the reality is that price is never the starting point; it is merely the result.
Without continuous code submissions, there is no continuously evolving system; without a genuinely involved community, there is no long-lasting network.
If increases are detached from construction, they are essentially just an illusion of liquidity.
What truly determines how far a project can go is never how loud the shouting is, but how many people are quietly submitting, discussing, and improving every day.
When the noise fades away, the candlestick chart will disappear, but projects where the code remains are the ones qualified to talk about the future. #ckb $CKB

CKB has never been designed to chase a market cycle since its inception. What it aims to solve is the question of whether blockchain will still be valid ten or twenty years from now.

While most projects treat 'speed' and 'narrative' as their moat, CKB treats time itself as its opponent. It is not in a hurry to win today but ensures that tomorrow still exists.

Dominating the world does not mean capturing attention. True dominance is becoming the standard, making it necessary for future players to build around you.

CKB's ambition is not to become the hottest public chain but to be the underlying layer that all systems can trust. It does not compete for traffic; it defines structure.

Why has it persisted for so many years? Because it has never been designed for short-term compromises. Every architectural choice is made with 'long-term existence' as a premise.

In a market where countless projects zero out in a year, survival is not luck but the result of design.

The strength of CKB does not come from stacking parameters but from extreme restraint. Security takes precedence over speed, and versatility takes precedence over narrative.

It is not born for a specific application but reserves space for all yet-to-emerge applications. This makes it slow but irreplaceable.

Unique is not because it is different but because there is no turning back. It has chosen a path that cannot be easily replicated.

As countless projects are created, discarded, and forgotten by the market, CKB chooses to continue producing blocks, iterating, and upgrading. There is no noise, only time accumulating strength.

True ambition has never been proven by declarations. It is reflected in every decision that refuses shortcuts.

If the world needs a foundational layer that can carry value and trust in the long term, CKB has long stood in that position, just waiting for time to catch up. $CKB

In a market where over 11 million coins will go to zero in just one year, why has CKB survived until today?

The answer is actually quite simple:
From the very beginning, it was not designed for a 'get-rich-quick cycle.'

While most projects are doing this —
Issue coins → Pump the price → Overdraw the narrative → Liquidity dries up → Go to zero,
CKB is following the least appealing but most sustainable path.

It hasn't survived on meme sentiment, nor has it relied on short-term subsidies to pile up TVL, and it hasn't used the narrative of 'just changing the name counts as innovation' to extend its life.

CKB is doing only one thing:
Refining the underlying infrastructure to make it usable long-term. In a market where
90% of coins are destined to go to zero from the day they are born,
CKB's logic is the opposite: others issue coins first and then think about their use,
CKB thinks about the use first, then lets time determine the price, while others rely on consensus to shout it out,
CKB relies on code to bring it to life. Others bet on a bull market, CKB is betting on whether it will still be around in ten years.

So you may find that it might be slow, it might not be sexy, and it may even be long-term unfavored by the market.

But it hasn't died.

In the crypto world,
surviving itself is a form of alpha.

When 36 million tokens are mass-produced,
11 million disappear within a year, CKB continues to produce blocks, upgrade, and iterate step by step.

It doesn't guarantee you will get rich,
but it proves one thing:

Not all coins are born to go to zero.

In an extremely shortsighted market,
long-termism itself is the greatest scarcity. $CKB

Why buy truly valuable coins for long-term holding? This is the true way to increase wealth! Persist in buying coins that truly deliver results is the right path! For example, here is the data

In 2025, a set of real numbers in the global crypto world:

That year, the number of cryptocurrency tokens that once existed globally exceeded 36 million. But the number that was truly recorded by the mainstream market and could still be called 'coins' is only over 10,000.

In just the year 2025, more than 11 million projects completely went to zero. They did not slowly die off; they were created in bulk, launched in bulk, and then abandoned in bulk.

Some people didn’t even have time to pump before they already had no trading volume; some just joined the group and the project team had already run away. This is not a bull or bear issue, but rather a result of uncontrolled supply + brutal selection. In a market where new coins are born every day and thousands of coins die every day, what you buy is not 'opportunity', but survival probability.

The vast majority of coins were born to go to zero.
Only a few can survive from the very beginning. $CKB

#币安将上线特斯拉股票永续合约
Represents how Web3 is devouring the discourse power of traditional technology and finance in the past, whose hands is the discourse power in? In banks, in exchanges, in large technology companies, in centralized platforms. They decide who can participate, who is excluded, what assets are valuable, and what behaviors are allowed. Ordinary people can only accept the rules, unable to verify the rules, and even less able to modify the rules.

The change brought by Web3 is to gradually take away the "interpretation power of trust" from the hands of institutions.
Not because it’s more romantic, but because it’s more ruthless - **code does not explain, contracts do not compromise, rules are public and immutable.** As more and more value flows, clearing logic, and asset confirmation starts to rely on on-chain systems, traditional technology and finance discover for the first time: they are no longer the only referees.

This is the true shock of "devouring."
It is not that a company is defeated, but that a way of domination is failing. When users no longer fully trust financial reports, ratings, endorsements, but instead turn to trust verifiable, traceable, permissionless systems, the discourse power has fundamentally shifted. You may not like it, but you cannot pretend it does not exist.

What is even more brutal is that this process has almost no sense of ritual.
No declaration of war, no announcements, no handovers. The traditional world is still using old logic to explain new phenomena, while Web3 has already rewritten at the bottom "what is worth trusting." When they realize they are being bypassed, many key positions are no longer needed.

So, "devouring" is not some shocking acquisition, nor is it some explosive news, but a silent yet irreversible transfer of power. As more and more people choose to trust systems rather than institutions, choose verification rather than endorsement, choose participation rather than being managed - the central position of the old world has already begun to collapse.

This is the truly shocking place: Web3 is not trying to become the next traditional giant, it is making the role of "giant" itself unnecessary.

The truly earth-shattering moments in the crypto world are never on the day of a surge, but during the phases of decline, coldness, and pessimism, when there are still people choosing to move forward. When the candlestick charts are trending downwards, group chats fall silent, and the media stops reporting, the world seems to remind you, "It's time to give up," yet the real turning point is precisely buried in such moments.

A bear market is not a punishment, but a selection process. The price drop takes away emotions and noise, leaving only faith and judgment. What you are enduring right now is not the loss itself, but the uncertainty of a future that has not yet arrived. However, the history of the crypto world repeatedly proves: all truly life-changing opportunities are almost born when no one is willing to place bets.

Continuing to move forward amid difficulties is itself a counterattack against the cycle. When others stop, exit, and mock long-termism, you are studying the fundamentals, understanding narratives, discerning which projects are still building and which are merely waiting for redemption. You are not blindly holding on, but using time to exchange for chips and calm to change positions. This is not gambling; it's an early positioning for the future structure.

The truly earth-shattering power comes from those things that continue to operate during a bear market: code is still being submitted, protocols are still being upgraded, and real users are still using them. Prices can temporarily deviate from value, but systems do not lie. When the market seeks direction again, capital will always return to those projects that have proven themselves in the darkest phases.

So, if you are in the depths of the crypto world, please do not rush to doubt yourself. The fears, loneliness, and hesitation you are experiencing are exactly the cycles asking for your admission ticket. When the next round of market movement arrives, the world will only see the results but will not see your perseverance today.
And this is the most earth-shattering and cruel truth of the crypto world: true wealth is never chased during the highs, but is walked out step by step from the collapse. $BTC