According to CoinMeta, based on cryptorank data, the trading volume on DEX last week rose from approximately $3.3 billion to a peak of $12.9 billion, representing a nearly fourfold increase. The trading enthusiasm for meme also significantly rebounded. This round of market activity was not concentrated in a single ecosystem; instead, it led to localized "copycat seasons" in ecosystems such as Base, Solana, HyperLiquid, and Robinhood. Among them, some tokens from Solana and HyperLiquid saw weekly increases of over 10 times, indicating that speculative funds are shifting more frequently between different chains and ecosystems, rather than forming a unified market trend for meme tokens across the board.