By January 2026, the primary market has shown a clear uptrend, with three main tracks attracting the most capital and attention: AI+DePIN, RWA, and cross-chain security solutions.

【AI+DePIN Continues to Heat Up】The most eye-catching project is io.net — the number of GPU miners has already surpassed 51,000, doubling in just 10 days. After a Series A funding round reaching $30 million, the project's valuation jumped directly to the billion-dollar level. The list of investors includes early-stage KOL rounds with $500 million, which have long been snapped up, and institutional investors have mostly focused on mainstream funds within the Solana ecosystem. Industry consensus is that io.net will debut on a major exchange in April, potentially becoming a trendsetter for this "AI season."

【RWA Track's "Blind Box"】Mohash is positioned as "Emerging Market Debt DeFi." It completed a $6 million seed round back in June 2022, backed by top-tier VCs and a compliant platform. Over the past half-year, the project's social media activity has been minimal, but institutional interest remains strong, and it is seen as the biggest surprise waiting to explode in the RWA track in 2026. Once there is news of product updates, it could instantly trigger a market frenzy.

【Retail Opportunity Window】Data from the first week of January shows that over 30 new pre-sale pools have launched, with an average oversubscription ratio between 4 and 6 times. Security audits and cross-chain solutions have become standard selling points, and pre-sales with AI themes are typically sold out within 12 hours. The primary market is clearly accelerating again after the lull of 2025, and the golden window for grabbing positions may only remain in Q1.