When the Platform Token is no longer just the identification of the exchange, but evolves into the ecological core of the entire public chain, the rules of the game have completely changed.

There are voices suggesting that the leading exchange ecological tokens may potentially hit the price level of $10,000 in the future, which means the market capitalization will exceed the trillion-dollar mark. It sounds distant, but the logic behind it is worth pondering: the real explosion of the crypto market has just begun.

In terms of user base, although some leading platforms have daily active users in the tens of millions, compared to Meta's 3 billion user base in traditional internet, the cryptocurrency user group exhibits distinctly different characteristics—high capital density, fast trading frequency, and deep financial participation. This is precisely where the potential for growth lies.

The key transformation is here: the Platform Token is evolving from a mere "trading fee discount tool" to a "chain productivity asset." This transformation is reflected in multiple dimensions—Gas fee consumption on public chains, capital lock-up in the DeFi ecosystem, support for GameFi applications, project incubation on Launchpad, and the deflationary design achieved through a burn mechanism.

This complete value capture system allows the Platform Token to no longer overly rely on the exchange's profit fluctuations, but rather to be deeply bound to the prosperity of the entire ecosystem. This is the true underlying logic of the story.