The story of the tortoise and the hare is, when viewed through the crypto lens, the most realistic investment script.

In this circle, there are especially many rabbit projects—rushing after whatever is hot, gaining fame on launch day, then quickly lying flat. These projects share a common flaw: they only think about quick profits, refusing to put effort into refining technology and ecosystem development, resulting in a flash-in-the-pan outcome.

In contrast, the projects that have survived until now and are still regarded positively follow a similar logic—they persist in doing one thing well. Take a certain leading stablecoin settlement layer as an example: from testnet to mainnet stable operation, progressing step by step, without hype or chasing hot trends. Instead, they focus on core payment technology, tackling throughput and latency one by one. Their wallets have real products, and the DeFi ecosystem is gradually improving. Although it may seem unremarkable, this steady and solid approach is truly the way to survive a bear market.

Honestly, what the crypto market currently lacks most is this kind of perseverance—setting a clear direction and pushing forward with full force, unaffected by the noise along the way. Such projects have tangible ecosystem data: on-chain TVL is steadily increasing, user base continues to grow, developers are gradually gathering, moving from payment corridors to application development, step by step.

That’s why some tokens’ value never relies on short-term hype—because the underlying ecosystem is genuinely growing, and every data point is a solid accumulation. This logic stands the test of bull and bear cycles best.