Recently, the market has slightly warmed up from the bottom, and Ethereum has performed particularly well. The previously criticized Ethereum, with its technological upgrades, inflow of funds, and thriving ecosystem, has seen its coin price continuously rise, driving the revival of on-chain Memecoins.
In contrast, the Solana ecosystem is speeding up, but it lacks a sustainable narrative. The upper market faces selling pressure, while the lower market is being continuously drained. Aside from the Bonk system, new projects struggle to support the overall ecosystem, and the profit opportunities for ordinary users are decreasing.
Ethereum Meme ecosystem revival
Matt Furie's concept is back in the spotlight. Pepe, as the leading Ethereum Meme, has performed exceptionally well in this round of pump. Unlike other on-chain Shiba Inu concepts, the frog-themed Meme seems to be more compatible with the EVM ecosystem. With Ethereum's strong rise, Matt Furie-related concepts are once again receiving attention.
RATO is a character in Matt's new book, with an image similar to