Many people look at $CHZ simply to observe price fluctuations, but there are clear cyclical patterns behind it. By carefully reviewing the highs and lows over the past few years, you'll discover what truly drives this asset.

2021 was the peak moment for CHZ. It surged to a historical high of $0.8786 in mid-March, during a frenzy across the entire crypto market. At that time, it was also deepening collaborations with top football clubs like Barcelona, rapidly expanding the Socios ecosystem. A major exchange even launched fan token mining. These factors combined to create a surge of crazy growth. By November, it had partnered with NFL and MLS teams, causing the price to rebound to around $0.55.

What’s truly interesting is 2022. During the Qatar World Cup, the price rose from $0.25 to $0.48, an increase of over 90%, with some weeks seeing a staggering 287% surge. After the event ended and popularity waned, the price also declined. This pattern is very clear—major sports events act as catalysts.

The performance in the 2023 European Championship was rather underwhelming. The entire crypto market was still in a downturn, and the tournament's popularity was not as high as the World Cup, so the price gains were limited. But by the end of the year, as market sentiment warmed and its ecosystem continued to expand, the price started to climb slowly again.

Looking ahead to 2025 and 2026, the key moments are approaching. In September, it became the first SportFi platform fully compliant with the EU’s MiCA framework, which is a substantial long-term benefit—significantly enhancing compliance and market recognition. As for the 2026 World Cup, based on historical cycles, it will be another critical time window.

Truly understanding an asset means grasping its lifecycle and the underlying logic. Once you understand these patterns, your perspective on it will change completely.