First of all, congratulations to @ solayer_1abs, who participated in the investment and launched on Binance, Upbit and other major platforms. The reasons for investing in it before were twofold: firstly, there is a lot of room for imagination in SVM narrative, after all, Solana is the most eye-catching public chain in this round; secondly, seeing @ shouccc take a leave of absence from Berkeley PhD and join Solayer as the chief engineer made me very bullish. Friends who are familiar with MEV and security fields should have heard of his and Fuzzland's names. In terms of price trend, Layer is experiencing a surge in popularity, which actually reflects the market's game. Firstly, short selling VC coins has almost become a political correctness recently. Everyone is fed up with the high valuation, low circulation, and continuous unlocking characteristics of VC coins. Indeed, most VC coins are at their peak and do not make much actual contribution to the industry in the future. They are just a cash dispenser for teams and investors. But nothing can be detached from the essence and only look at the surface. When everyone realizes that short selling is the code of wealth, the road to collapse is not far away. In the cryptocurrency industry, there is never any money that can be earned in the long run without thinking. Taking Solayer as an example, the lowest circulating market value is actually only over 100 million, which cannot be considered a typical high valuation opening. Moreover, Binance contracts are often launched later. If you wait for Binance contracts to open short, you may have already missed the high price of spot opening and have to bear the top negative rate. Short selling will be very passive, and if you encounter short selling, you may suffer heavy losses. Every operation must understand the core logic behind it, rather than blindly following in order to survive in this market where risks and opportunities are everywhere for a long time.