The reason why WET is worth paying attention to is simple - data speaks.

Let's look at the fundamentals first: it won the top spot on Solana DEX as soon as it was launched, ranking third in full-chain trading volume. The circulating market value is US$19 million, and the fully diluted valuation is (FDV)2 billion. The total supply is 1 billion, and the initial circulation ratio is 10%, all of which come from public offerings, without adulteration of institutional shares.

Let's look at the trading popularity: the daily trading volume often exceeds $1 billion, accounting for about 40% of spot transactions on the Solana chain. This number is not blown out, it is real on-chain data. The cost of the public offering is between $0.05 and $0.069, and there is no institutional round of intervention, and the chip distribution is relatively scattered.

Of course, the team and the ecosystem have reserved 65% of the share, and the current circulation is small, and there may be selling pressure in the early stage after the public offering part is fully circulated. However, as the basic protocol layer project of the Solana ecosystem, solid trading volume is a hard indicator.

The probability of such projects being listed on mainstream spot exchanges or entering the Korean market is not small. The market capitalization target is $100 million, which is not a big problem.