In the second half of 2025, as stablecoin legislation is enacted and the trend of RWA on-chain continues to advance, protocols like Plume will experience explosive growth in TVL, becoming a safe haven for funds seeking stable returns. Meanwhile, Meme assets still play the role of 'liquidity narrative triggers,' especially in sectors like AI where the 'ignition effect' frequently occurs.
In traditional cognition, structured financial assets and emotional Meme narratives are like ice and fire. Institutional funds chase stable returns from RWA, while retail investors' emotions are instantly ignited by a 'meme,' triggering a liquidity tsunami on-chain. Now, they resemble the 'chassis + engine' in the operation of funds: RWA carries the principal, and Meme releases liquidity.
On the stage where institutions and retail investors dance together, the solid reality of asset on-chain transformation and the ever-changing Meme narrative trigger are, in fact, interpreting sector rotation or a deeper ecological symbiosis? For this core issue, this issue's SunFlash roundtable invited industry research analysts, crypto KOLs, and other guests to focus on the tension and switching between 'cold structure' and 'hot traffic,' discussing whether Meme can become a 'light narrative indicator' guiding the liquidity direction in the next stage under the coexistence of institutional and retail funding structures.
Below is a wonderful recap of this issue's SunFlash roundtable.
RWA Explosion: A steady progress of the financial revolution, driven by both policy and technology.
When the market debates whether the RWA track explosion stems from liquidity 'risk aversion instinct,' Beidouxing sharply points out the essence: 'Bear market trauma has made funds crave a safe haven anchored in reality.' He uses RWA tokens linked to government bonds as an example, revealing their dual advantages: RWA retains the stable returns of traditional assets while achieving more flexible liquidity through on-chain collateralized lending compared to bank deposits.
Iron Tree complements the puzzle from a regulatory perspective, emphasizing that regulatory relaxation is the spark that ignites the market: 'The pilot policies in Hong Kong and Singapore send a clear signal that the door to integrating Web3 with the real economy is opening.' In his view, the rush of institutional funds is essentially an early bet on compliance expectations, 'Even pigs can fly on the right trend, RWA is the current policy trend.'
Yoyo uses explosive data from Plume to evidence structural transformation: 4 million users on the test network, 4 billion dollars in tokenized asset management scale, confirming that RWA is reconstructing asset logic through a 'liquidity revolution.' CiCi also provided relevant data: total locked amount in the RWA field skyrocketing from 2 billion to 8 billion dollars by 2025, and in the first quarter of 2025, RWA collateralized lending caused Aave's related business to surge by 150%. She further explained: 'The structural dividend of RWA is like breaking down traditional assets; for example, a house can be divided into 100 shares for sale, making it affordable for ordinary people, and bonds settle in seconds. This low-threshold, high-liquidity technological breakthrough is the core engine attracting traditional financial funds to migrate on a large scale.' The discussions in the community that 'it's more reliable than speculating on coins and more flexible than buying funds' precisely indicate that this explosion is not driven by narrative but is an inevitable product of robust market demand.
Meme Narrative Evolution: From Center Stage to Rotating Engine
When the host posed the question of whether 'Meme has transformed from main narrative to rotation starter,' Yoyo pointed out the market's fatigue: the success rate of Meme launch platforms has plummeted in 2025. In her view, Meme is undergoing an inevitable transformation from 'a main narrative with a trillion-dollar market value in 2024' to 'the ignition fuse for sector rotation in 2025,' 'It is beginning to serve as an entry point for AI, DeFi, and RWA, which is a transfer of narrative energy rather than its demise.' In the long run, she believes that Meme cannot 'collapse,' as its attributes align naturally with the psychology of most cryptocurrency players, but in the future, Meme may develop towards a more stable direction.
Crypto Heaven believes: 'Meme has not been marginalized; instead, it has risen to become the underlying grammar of the Web3 world.' He points out that project parties are actively 'Meme-ifying' to break cultural boundaries, 'It is no longer a sideline but rather on-chain social hard currency.' David.eth proposed the theory of Meme evolution: 'On one side, traffic tool-like Memes ignite emotions; on the other side, AI-integrated Memes keep communities continuously active. Meme narratives have not degenerated; rather, they are diversifying or transforming.' For instance, SunPump's AI token issuance tool SunGenX allows users to issue tokens seamlessly and participate in market hotspots, giving the project more vitality.
The double helix survival principle of SunPump
In a market environment dominated by structural assets, the development strategy of Meme fair-launch platforms like SunPump needs to adopt a dynamic integration model, retaining the original explosive power of emotional triggers while constructing a conversion channel to real value. The core lies in transforming the viral dissemination power of Memes into a structural asset flow engine: on one hand, retaining the original ignition ability of 'memes + community jokes' to ensure project cold start efficiency; on the other hand, presetting value conversion channels for each Meme token, such as establishing a token staking mechanism that allows holders to redeem RWA protocol yield certificates or gain stablecoin mining pool bonus rights, enabling speculative funds to naturally flow into real assets.
Under the new paradigm of a bull market dominated by structural assets, SunPump's future breakthrough lies in constructing an 'Emotion - Value' dynamic converter:
Retain the original explosive power of Memes: Utilize innovative AI token issuance tools like SunGenX to lower the threshold for token issuance, stimulate community vitality, and provide cognitive entry points for concepts like RWA through viral symbols like SUNDOG and PePe.
Establish a value accumulation channel: Design token staking to exchange for RWA yield certificates, stablecoin mining rights, etc., allowing speculative funds to flow into real assets.
This mechanism can convert the dissemination potential of Memes into fuel for real growth, ultimately allowing the platform to become a key energy conversion hub in the migration of bull market paradigms.
Conclusion
This roundtable subverted traditional cognition. Beidouxing's revelation of 'the risk aversion demand for RWA' and Crypto Heaven's proposal of 'Meme social grammar' are, in fact, two sides of the same coin. This seemingly fragmented liquidity picture is completing a higher-dimensional unity. Volatility is not synonymous with irrationality but rather an amplifier for value discovery, and innovation is not the opposite of stability but an accelerator for value growth. RWA + Meme may achieve a deeper ecological symbiosis in the next bull market.
