2026-01-05 11:26:34

Writing this kind of content is indeed difficult, no matter how you ponder it, it still feels somewhat lacking. Planning to prepare a valuation model for the native tokens of a major exchange next time, and surely someone will criticize it then.

To be honest, among exchange-based public chains, the XLayer approach is quite innovative, and their operational style really stands out. I want to see if anyone can come up with a thorough analysis explaining the growth logic of native tokens in 2026. Currently, such content is still quite rare in the community. If you're interested, let's follow along together.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

13 Likes

Reward
13
10
Repost
Share

Comment

0/400

QuorumVoter

· 01-08 10:23

Next time, will there be a valuation model for exchange tokens? Then be prepared to face criticism; this area is too easy to fall into pitfalls. Is it really possible to produce an analysis in 2026 that thoroughly explains the logic of native tokens? I'm a bit skeptical, but I believe in you. XLayer's approach is indeed different; such hardcore analysis within the circle is truly rare. Just a rant, the difficulty lies in that valuation models are always like missing puzzle pieces—has anyone ever been able to explain it thoroughly? I believe in this direction; currently, no one has fully cracked the analysis of valuation logic implementation.

View OriginalReply0

GasFeeSobber

· 01-08 02:00

Haha, the difficulty is indeed there. Valuation models are really a challenge. XLayer's operational approach looks pretty good to me, but I'm not sure how long they can stick with it. There's definitely a lack of in-depth analysis like this. Let's wait and see someone break through.

View OriginalReply0

LeekCutter

· 01-07 14:12

Haha, throwing bricks is a small matter, I'm just worried no one will watch haha XLayer's move is indeed impressive, waiting for your valuation model Honestly, not many people have explained the growth logic of native tokens clearly, I also want to see Next time, don't be too modest, if anything, just accept the criticism If a truly hardcore analysis appears in 2026, I will definitely save it

View OriginalReply0

MEVictim

· 01-07 00:07

Valuation models are really brain-draining; just thinking about them makes me uncomfortable. XLayer is indeed quite interesting; I look forward to your critical analysis.

View OriginalReply0

ApyWhisperer

· 01-05 11:56

The valuation framework for exchange tokens is really something few people can explain thoroughly. Looking forward to you coming in and turning the whole situation around. XLayer has indeed come up with some new ideas; let's see who can clearly explain the growth logic by 26年. There's still a significant lack of valuation frameworks; it feels like the writers are quite timid. If someone can produce a really good analysis, it will definitely spark a lot of discussion. Deep insights like this are too scarce in the community; I'm a bit hungry.

View OriginalReply0

MerkleDreamer

· 01-05 11:56

Next time, don't just focus on exchanges; break down the Layer systems as well. In 2026, let's see who can truly explain these things clearly.

View OriginalReply0

DeFiAlchemist

· 01-05 11:55

the yield transmutation models for exchange natives are genuinely elusive... most analysts just chase correlation patterns without grasping the underlying protocol synergies. xlayer's mechanics have that fresh algorithmic elegance though—curious if anyone actually maps the tokenomics alchemy properly in 2026

Reply0

FadCatcher

· 01-05 11:49

Just criticize if you want, anyway the valuation logic of exchange tokens is inherently hard to explain. XLayer does have some substance, but the analysis that truly explains the growth logic... forget it, just wait and see. There are so few people in the circle who can write well, if next year is still like this, it’s ridiculous. If you ask me, content like this is thankless; few people understand, and there are a bunch of trolls. Next time you build a model, remember to prepare yourself mentally for "being mocked by the crowd" haha.

View OriginalReply0

OnchainFortuneTeller

· 01-05 11:46

Haha, finally someone dares to discuss the valuation of exchange tokens. I'm just waiting to see who can explain the logic clearly. That wave of XLayer indeed has substance, more flashy than most public chains. If by 2026 a clear and thorough analysis appears, I will follow it directly. Right now, these kinds of things are like rare minerals. To be honest, these in-depth analytical articles are worth more than the vast majority of technical posts. Once your valuation model is out, I’ll start building some popularity for you. What the community lacks is this kind of bold, hard-hitting analysis. Most people really can't write it. But when it comes to criticizing, as long as you have reason and evidence, there's nothing to fear. There are really few people in this circle who can write this kind of content. Your approach is quite good.

View OriginalReply0

governance_ghost

· 01-05 11:43

Alright, we're just waiting for your model, but honestly, this difficulty is indeed top-tier. That Xlayer setup definitely has something; I just want to see who can explain the token logic thoroughly. Scarcity is scarcity, but a tough person needs to emerge in 2026. Feel free to criticize, better than mindless hype. This kind of analysis definitely needs someone to do it; just talking without action is meaningless.

View OriginalReply0

Trending Topics
View More
#
GateFun马勒戈币Surges1251.09%
44.42K Popularity
#
GateSquareCreatorNewYearIncentives
80.67K Popularity
#
NonfarmPayrollsComing
242.5K Popularity
#
DailyMarketOverview
18.65K Popularity
#
IstheMarketBottoming?
42.22K Popularity

Hot Gate Fun
View More

1
比特币
比特币
MC:$3.54KHolders:1
0.00%
2
山寨币
山寨币
MC:$3.55KHolders:1
0.00%
3
山寨币
山寨币
MC:$3.6KHolders:2
0.09%
4
$
猪猪侠
MC:$3.55KHolders:1
0.00%
5
马上涨
马上涨
MC:$3.55KHolders:1
0.00%

Sitemap

Writing this kind of content is indeed difficult, no matter how you ponder it, it still feels somewhat lacking. Planning to prepare a valuation model for the native tokens of a major exchange next time, and surely someone will criticize it then.

Trending Topics

GateFun马勒戈币Surges1251.09%

GateSquareCreatorNewYearIncentives

NonfarmPayrollsComing

DailyMarketOverview

IstheMarketBottoming?

Hot Gate Fun

比特币

比特币

山寨币

山寨币

山寨币

山寨币

$

猪猪侠

马上涨

马上涨

Pin

Your First Words Matter!
Share your first post on and split $10,000 in New Year rewards.
Post with #My2026FirstPost to share your New Year wish
2026U Position Voucher, Gate New Year boxes, F1 Red Bull merch await you!
Ends on Jan 15, 2026, 16:00 UTC
2026 starts with this post!

Writing this kind of content is indeed difficult, no matter how you ponder it, it still feels somewhat lacking. Planning to prepare a valuation model for the native tokens of a major exchange next time, and surely someone will criticize it then.

Trending Topics

GateFun马勒戈币Surges1251.09%

GateSquareCreatorNewYearIncentives

NonfarmPayrollsComing

DailyMarketOverview

IstheMarketBottoming?

Hot Gate Fun

比特币

比特币

山寨币

山寨币

山寨币

山寨币

$

猪猪侠

马上涨

马上涨

Pin

Your First Words Matter! Share your first post on and split $10,000 in New Year rewards. Post with #My2026FirstPost to share your New Year wish 2026U Position Voucher, Gate New Year boxes, F1 Red Bull merch await you! Ends on Jan 15, 2026, 16:00 UTC 2026 starts with this post!

Your First Words Matter!
Share your first post on and split $10,000 in New Year rewards.
Post with #My2026FirstPost to share your New Year wish
2026U Position Voucher, Gate New Year boxes, F1 Red Bull merch await you!
Ends on Jan 15, 2026, 16:00 UTC
2026 starts with this post!