With a monthly surge of 8 times, millions of TPS boasting, and endorsement from former Google CEO, Keeta Network is pulling the attention of the cryptocurrency market to its core. But is this new L1 project, which claims to "reshape the global payment network," the next dark horse or a capital frenzy of concept stuffing? @KeetaNetwork focuses on the "ultra-high performance+compliance friendly" narrative, claiming a maximum of tens of millions of TPS, transaction finality of only 400 milliseconds, and built-in KYC, AML framework and atomic level token support. However, as of now, the project has only completed 13 million TPS tests under 5 nodes, with less than 5000 TPS tested on the testing network. There is a lack of code disclosure and real performance verification, and its "virtual DAG" technology is still at the level of design vision. The biggest driving force behind market heat is the halo of capital. Keeta has received investments from former Google CEO Eric Schmidt and VC firm Steel Perlot, and quietly launched its token KTA in March, which skyrocketed over 8 times since May. However, there was no public airdrop plan for its token before its launch. After TGE, 80% of the community share was unlocked, and some large account addresses were allocated by smart contracts. The actual allocation mechanism is unclear, and transparency is questionable. Although the Keeta team has backgrounds in AWS, Nano, and other technologies, as well as breakthrough architectural concepts, it has not yet formed a developer community, the main network launch time is uncertain, and social media interaction is limited. The overall ecosystem is still in its early stages. Compared to its high valuation and narrative tension, the project fundamentals have not kept up with the pace. Keeta may have potential, but right now it's more like a big gamble. Before fulfilling performance commitments, clarifying governance models, and establishing a real community, it is still a "technical black box" amplified by FOMO and capital sentiment. Short term gains cannot conceal their long-term test. True L1 potential stocks are not only driven by stories, but also require visible progress and genuine realization.