Recently, there have been several project actions that may drive a bull's turn: 1. Pump. fun distributes 50% of the transaction fee to the issuer of meme coins Pump.fun directly returns half of the transaction fee to the token creator, which is equivalent to installing a positive flywheel of "continuous dividends" for the developers. The biggest problem with meme coin Launchpad in the past was that creators would give up after cashing out, but now the economic incentives for creators are anchored on long-term trading volume. Superstate launches Opening Bell - compliant stock native issuance on chain Opening Bell allows unlisted or privately-owned companies to issue tradable stocks directly on the Solana and Ethereum chains. Unlike traditional RWA projects that use 'token mapping', it follows the path of SEC registration on chain native settlement, treating the chain as the primary 'registry'. 3. Boop. Fun adjusts X airdrop, with 50% given to creators and 50% given to holders Boop's original airdrop scheme was criticized for "sucking blood" liquidity, and now it is directly split in half between creators and holders. Creators still have the motivation to issue coins, but they cannot all own them; The holders also receive a shared benefit of gambling with the creators. 4. LayerZero launches HyperBridge: HyperBridge allows any OFT asset to cross into the HyperLiquid ecosystem from any chain with just one click, bypassing multiple layers of relays.