Circle's Arc mainnet launched for only 8 hours, and the gap within the ecosystem has already begun to widen.
In the past 24 hours, some projects have gone straight to new heights, while others have already pulled back more than 50% from their highs.
ARGUS has currently, for the moment, become the "#1" within the Arc ecosystem, with a peak market cap that once reached 40 million USD.
TOLLY has pulled back more than 50% from its high; its current market cap is about 12 million USD.
LONG was once the ecosystem leader, but it has now pulled back more than 50% from its high, with a market cap of about 7 million USD.
This is actually the most interesting stage after a new chain launches: the first wave of funds has already moved in, and the first round of projects has begun to differentiate. Some people are chasing the high, while others have been abandoned directly by the capital pool—especially LONG.
From the top-tier launch platform PONS on the former Robinhood Chain to the appearance of new assets in the Arc ecosystem today, attention from the market has clearly begun to be redistributed.
Of course, 8 hours is still far too early. What we’re seeing now is only the first round of fund-driven games. What truly matters is what comes next:
Who can keep liquidity? Who can continue to generate trading volume? Who can become a truly native asset of the Arc ecosystem?
$PONS
In the past 24 hours, some projects have gone straight to new heights, while others have already pulled back more than 50% from their highs.
ARGUS has currently, for the moment, become the "#1" within the Arc ecosystem, with a peak market cap that once reached 40 million USD.
TOLLY has pulled back more than 50% from its high; its current market cap is about 12 million USD.
LONG was once the ecosystem leader, but it has now pulled back more than 50% from its high, with a market cap of about 7 million USD.
This is actually the most interesting stage after a new chain launches: the first wave of funds has already moved in, and the first round of projects has begun to differentiate. Some people are chasing the high, while others have been abandoned directly by the capital pool—especially LONG.
From the top-tier launch platform PONS on the former Robinhood Chain to the appearance of new assets in the Arc ecosystem today, attention from the market has clearly begun to be redistributed.
Of course, 8 hours is still far too early. What we’re seeing now is only the first round of fund-driven games. What truly matters is what comes next:
Who can keep liquidity? Who can continue to generate trading volume? Who can become a truly native asset of the Arc ecosystem?
$PONS