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In the Ethereum ecosystem, tangible product delivery is gradually surpassing projects that only have concepts. When liquidity solutions like Reya can continuously provide second-level transactions and genuine capital efficiency optimization, as long as the liquidity pools accumulate to a certain scale, the self-pricing mechanism can be quickly activated. What’s different in this round is that this mechanism appears to be more resilient, unlike the fleeting hot spots of the past. The market is beginning to reward projects that can turn technical promises into user experience.