在這個充滿混亂和逆轉的一週裡，幣圈觀察者見證了閃崩、突如其來的上架與大膽的治理行動。今年最戲劇性暴跌之一，OM重挫逾90%；而SPA與COMBO等幣則因質押回暖及品牌重塑強勢反彈。
同時，AERGO在幣安期貨意外上架後再次成為焦點，逆轉先前的下架風波。隨著迷因幣略顯降溫，主流企業鏈及治理類代幣重新吸引目光。下列為本週市場關注度最高的10大幣種。
AERGO (AERGO)
價格變動（7日）： +36.09% 現價： $0.2793
最新消息
AERGO 連續第二週成為市場焦點，因幣安宣布下架又逆風推出 AERGOUSDT 永續合約，並附15倍槓桿。AERGO獲三星支持，與新韓銀行、現代汽車合作，企業級定位備受關注。近期與 BitGo 集成機構託管服務，展現對合規安全區塊鏈基礎設施的承諾，增強投資人信心，成為混合型商用鏈的潛力股。
行情預測
幣安上線期貨後，AERGO急漲，但現正於高點盤整。RSI約為64，處於輕微超買。若守穩$0.24，仍有望續漲至$0.33。若RSI重上70且成交量配合，短線突破機率強。但若跌破$0.24，恐回落至$0.21，建議關注槓桿清算異動。
ArbDoge AI (AIDOGE)
價格變動（7日）： +46.06% 現價： $0.0000000001093
最新消息
ArbDoge AI 在 Bitget 上市 USDT 期貨短暫飆升，支持20倍槓桿及機器人交易。不過巨鯨持幣極高（達84.39%）及獎勵分配、質押提領、網頁出錯等問題引發疑慮。儘管宣稱去中心化，創辦人也承認 因個人因素暫時離開，項目因此缺乏明確領導，透明與存續性陷入質疑，信任度驟降。
行情預測
技術面上，AIDOGE在大漲後陷入自由落體，RSI跌破30顯示極度超賣，買盤極薄。下一支撐區約在$0.000000000097。若價格盤穩且RSI走回40上方，短線或有反彈至$0.00000000013。然大鯨拋壓與項目不明或拖累反彈，波動巨大，短線或出現「死貓跳」行情。
COMBO (COMBO)
價格變動（7日）： +266.03% 現價： $0.03174
最新消息
COMBO 原被忽視並幾乎下架，但換品牌自Cocos-BCX重塑後一週爆漲近300%。成交量暴增581%、投機巨鯨入場，單筆58.1萬美元巨額交易 也引市場關注。社群看好度達61%。儘管氣氛高昂，產品進展及應用等基本面仍有疑慮。
行情預測
COMBO最近RSI達78，明顯超買，從$0.06回檔至$0.03反應投機冷卻。若RSI跌破60且成交量不回升，恐回測$0.026。若能穩$0.03並出現多頭背離，可望重返$0.045。現階段波動大，僅適合短線交易，長線佈局可待$0.025區確立支撐。
Stratis [New] (STRAX)
價格變動（7日）： +52.11% 現價： $0.0638
最新消息
STRAX 本週因70% 爆漲登上頭條，動力來自Web3遊戲或AI合作的未證實傳聞與潛在升級、分叉推動資金流入。成交量較上週平均暴增逾5倍，證明市場熱度。儘管突破多條技術壓力，官方尚未證實，多由FOMO及短線交易主導。
行情預測
STRAX RSI約71，進入超買。若利多落實或續強，有望重試$0.075–$0.08。否則料將獲利回吐，短線回調至$0.058–$0.062。成交量若萎縮，修正恐加劇，日收盤突破$0.065且續量，有望短延上升。
Ardor (ARDR)
價格變動（7日）： +76.70% 現價： $0.1144
最新消息
ARDR 原本被幣安列入「投票下架」名單，卻異軍突起反成最大漲幅幣之一，週漲超過110%。主因來自其父子鏈架構重燃市場興趣，強調能耗低，且基於Nxt區塊鏈。鏈上討論及升級傳聞推動，不僅是抗議反彈，也蘊含基本面價值重新被肯定。
行情預測
ARDR在高度炒作下，RSI逼近68。若成交量維持高檔，有望衝擊$0.125–$0.13阻力。但需留意下架風險，若幣安真的下市，價格恐大幅修正。若$0.105守不住，恐跌向$0.09。建議密切觀察RSI背離及MACD訊號，設置嚴格止損。
Raydium (RAY)
價格變動（7日）： +24.20% 現價： $2.22
最新消息
Raydium 隨 LaunchLab 上線，原生代幣發行平台正面對決競爭對手Pump.fun，重燃社群熱度。此前 Pump.fun 退出 Raydium流動池造成交易量下滑。LaunchLab加入LP鎖倉、推薦獲SOL獎勵、自動流動性轉移及25% RAY回購等新機制。上線後RAY最高衝至$2.33，單日成交量暴增180%，生態系市占可望回升。
行情預測
Raydium日線結構看多，RSI約60，仍有上升空間。若能帶量重奪$2.30，上方壓力在$2.45。若於$2.15~$2.22盤整，為多頭布局良機。若失守$2.10，恐轉空回測$1.95。量能及RSI站穩65則多頭續強。
Threshold (T)
價格變動（7日）： +37.86% 現價： $0.01969
最新消息
Threshold Network 宣布DAO重組及推動T幣回購（依據 TIP-103），激勵幣價大漲。核心決策權移交tLabs，將專責技術、行銷及DeFi整合，走向可持續經營，並將營運成本每年削減逾110萬美元。DAO已完成 三千萬枚T幣回購，推升需求。現金儲備達800-900萬美元、多達4.2億枚T幣納入多簽錢包，Threshold正全力擴張。 with tBTC usage climbing across DeFi platforms. 隨著 tBTC 在各大 DeFi 平台上的使用量持續攀升。
Forecast 預測
T’s breakout above $0.017 resistance turned heads, with RSI at ~67—suggesting continued bullish bias. A close above $0.02 could target $0.023 next. If RSI crosses 70, short-term overheating might cause a pullback toward $0.017–$0.018. On-balance volume (OBV) remains strong, signaling accumulation. As long as support holds, Threshold could continue its bullish structure into the next week. T 突破 $0.017 的阻力位引起市場關注，RSI 約為 67，顯示多頭趨勢仍在延續。若能收盤站上 $0.02，下一個目標或可看至 $0.023。若 RSI 超過 70，短線過熱可能引發回檔至 $0.017–$0.018。OBV 持續強勁，顯示有資金持續累積。只要支撐不破，Threshold 有望將多頭結構延續到下週。
Gomble (GM)
Price Change (7D): +25.38% Current Price: $0.02481 價格變化（7日）： +25.38% 現價： $0.02481
News 新聞
GM received a boost from its multi-exchange listings, including Binance Alpha and Coinone, alongside airdrop events and token claiming challenges. Bitget also launched a special $4,600 GM earning event. The unique claiming system allows community members to either vest or engage in a multiplier-based “challenge” for early access. The transparency around investor and team token unlocks has been well-received, reinforcing trust. These mechanics seem designed to retain user attention while preventing rapid token dumps. GM 受到多家交易所上架的激勵，包括 [Binance Alpha] 和 [Coinone]，同時也舉辦空投與領取挑戰活動。[Bitget] 也推出了總計 4,600 美元 GM 的專屬獎勵活動。其獨特的領取機制讓社群成員能選擇賦閒或參加多倍數「挑戰」以爭取優先獲得。投資人與團隊解鎖的高度透明度也受到用戶肯定，提升了信任感。這些設計有助於維持用戶黏著，並防止代幣被大量拋售。
Forecast 預測
GM’s RSI sits at a healthy 59, suggesting it still has room to run. After rejecting resistance near $0.035, it’s now finding support at $0.023–$0.025. If this range holds, and volume picks up again post-Binance airdrop, GM could retest $0.03. If momentum fails and RSI dips below 50, expect a correction to $0.021. While short-term sentiment is bullish, cautious optimism is advised given the project’s novelty and speculative tokenomics. GM 的 RSI 維持在健康的 59，仍有上漲空間。在 $0.035 附近受阻後，目前於 $0.023–$0.025 區間尋求支撐。若此區間能守住，且幣安空投後交易量回升，GM 或有機會再度挑戰 $0.03。若動能不繼且 RSI 跌破 50，則可能修正至 $0.021。雖然短線情緒偏多，但考慮到項目的新穎性及代幣經濟偏投機，仍應保持審慎樂觀。
Sperax (SPA)
Price Change (7D): +42.64% Current Price: $0.02068 價格變化（7日）： +42.64% 現價： $0.02068
News 新聞
SPA rallied after a new governance proposal (SIP-70) was introduced, seeking to pause token minting and renounce contract ownership - a strong decentralization move. This followed the failure of SIP-69 due to quorum issues, prompting adjustments in voting configurations. The listing on Pionex and updates showing healthy protocol activity - like $8.48M TVL, 4.083% APY, and 343M SPA locked in veSPA - strengthened confidence. The token burn of nearly 15K SPA this week and consistent staking engagement also signaled commitment to deflationary supply and community alignment. [SPA] 在新的治理提案 ([SIP-70]) 公布後大幅上漲，此提案內容包括暫停鑄幣與放棄合約所有權——強化了去中心化的決心。由於上一個提案 SIP-69 因達不到法定人數而失敗，團隊對投票機制進行調整。近期也已登陸 [Pionex]，並公佈 [協議活動] 數據（TVL 達 848 萬美元、年化 APY 4.083%、3.43 億 SPA 鎖倉於 veSPA），進一步提振市場信心。這週燒毀近 1.5 萬 SPA，質押參與度也持續提升，顯示團隊持續推動通縮供給、與社群利益一致。
Forecast 預測
SPA’s RSI is around 62, supporting its bullish momentum. The coin has retraced from a high near $0.027 and is consolidating near $0.020 support. A sustained push above $0.022 could open room for a climb toward $0.025. However, waning volume and a rising wedge pattern may suggest near-term pullback risk. Watch for RSI divergence or MACD crossovers—these could hint at upcoming exhaustion. Support sits at $0.0185 in case of correction. SPA 的 RSI 約為 62，繼續支撐多頭動能。幣價自 $0.027 高點回檔，目前在 $0.020 支撐區間盤整。若能站穩 $0.022 之上，有機會朝 $0.025 持續推升。但近期量能減弱，加上上升收斂形態出現，短線有回調風險。可留意 RSI 背離或 MACD 死叉等迹象，作為多頭疲乏警訊。若修正，$0.0185 為重要支撐。
MANTRA (OM)
Price Change (7D): -89.95% Current Price: $0.6396 價格變化（7日）： -89.95% 現價： $0.6396
News 新聞
OM experienced a catastrophic crash of over 90%, plunging from above $6.30 to under $0.50 due to forced liquidations during low-liquidity hours. The sell-off was traced to legacy ERC-20 tokens, not team allocations, which remain locked on the MANTRA Chain mainnet. In response, the MANTRA team launched a multi-step recovery plan including token buybacks, burns (300M OM burned), and a transparency dashboard. While regulatory approval in Dubai and RWA partnerships remain bullish long-term indicators, investor sentiment is shaken. [OM] 經歷超過九成的崩跌，由 $6.30 以上暴跌至 $0.50 以下，主因低流動時段發生強制平倉。此次賣壓來自 [舊版 ERC-20 代幣]，而非團隊配額；團隊份額仍鎖於 MANTRA Chain 主網。面對如此劇變，MANTRA 團隊啟動多步驟復甦方案，包括 [回購]、[燒毀 3 億 OM] 以及透明度儀表板。雖然杜拜 [監管通過] 與 RWA 合作夥伴為長線利多，但投資人信心明顯受挫。
Forecast 預測
OM is in a fragile recovery zone, trading around $0.63 with RSI near 35, signaling oversold territory. If it holds above $0.60, a technical rebound toward $0.75 is possible, but broader structure remains bearish. A bear pennant pattern is forming, and failure to break above $0.70 with conviction could result in a drop to $0.55 or lower. Until confidence returns through execution of its roadmap, traders should expect continued volatility and sharp intraday moves. OM 目前正處於脆弱反彈階段，價格約在 $0.63、RSI 逼近 35，顯示嚴重超賣。若能穩守 $0.60，有機會技術性反彈至 $0.75，但大結構依然偏空。現在正形成空頭旗形，若無法有效突破 $0.70，可能再度下探 $0.55 或更低。在復甦藍圖明確落實前，短線波動與劇烈盤中變化仍將持續。
Closing Thoughts
結語
This week’s crypto market painted a stark contrast between meme-fueled hype and protocol-driven utility. Governance and infrastructure tokens like AERGO, SPA, and T saw renewed investor trust, largely due to active ecosystem upgrades, staking metrics, and structured reforms. These coins drew in more community and institutional participation, especially as traders moved away from volatile meme sectors after AIDOGE's selloff and OM’s crash exposed liquidity gaps. 本週加密貨幣市場充滿了迷因熱潮與協議實用性的鮮明對比。像是 AERGO、SPA、T 等治理與基礎建設型代幣，因生態系升級、優異質押指標及組織化改革，重獲投資者青睞。隨著市場避開 AIDOGE 崩跌、OM 事件曝露流動性缺口後動盪的 meme 板塊，這些幣種吸引了更多社群與機構參與。
While sectors tied to real-world assets and DeFi infrastructure (like Raydium and MANTRA) saw heavy activity, it was the hybrid blockchain and tokenomic reform stories that stole attention. Coins backed by strong narratives—be it decentralization, token burns, or ecosystem expansion—continued to outperform. As we move forward, market sentiment appears to be shifting toward sustainable growth plays over speculative pumps, setting the stage for a more utility-driven bull cycle. 儘管與現實資產（RWA）及 DeFi 基礎設施（如 Raydium、MANTRA）相關的領域依舊熱絡，混合型區塊鏈及代幣經濟改革相關項目才是市場焦點。具備強烈敘事驅動力（如去中心化、代幣燃燒、或生態擴展）的幣種持續領先大市。展望後勢，市場情緒正逐漸從投機炒作轉向可持續成長題材，為下一波以實用性為核心的牛市鋪路。