1. Progress on the release of governance tokens
Management has clearly stated that the SOFA governance token will not be rushed to launch until RCH's price makes certain progress. Based on the average price of the top 50 holdings, the target price range is approximately between 1.2 and 1.6. Currently, the price of RCH is about 0.4, indicating a potential increase of 2-3 times, providing investors with relatively high expected returns.
2. Halving plan and accumulation opportunities
SOFA has already undergone its first halving in early December, with the next halving expected to occur in early June, providing investors with about 180 days of accumulation opportunity. If you are currently using ETH as the base and expect altcoins to outperform ETH in the next bull market, you may consider gradually accumulating positions at this stage. It is worth noting that SOFA's liquidity is mainly affected by ETH's volatility, so price fluctuations in the short term will closely follow ETH.
3. Expansion of EVM public chain and progress of AUTOMATOR
SOFA has deployed the EVM public chain on POL and BSC, with development progress steadily advancing. Feedback from the AUTOMATOR testing has also been quite positive, with good user retention rates, which helps absorb RCH tokens, avoiding concentrated selling by large holders and diversifying risks. In addition, the launch of AUTOMATOR is expected to improve the capital utilization of the platform and enhance user returns.
4. Market capitalization is low, with high return potential
Currently, the market value of SOFA remains at a low level, with a circulation of 25 million and a market value of about 10 million. If market drivers emerge, SOFA's price may see a 5-10 times increase. At this point, purchasing in spot would effectively be a high-risk options investment.
5. Growth potential of product and platform revenue
SOFA's products effectively address the issue of options risk swapping, and the second phase of AUTOTMATOR is about to be launched, further enhancing the utilization of user funds. After the dual-token launch, the platform's revenue and the ability to buy back and destroy RCH tokens will be strengthened, further promoting the platform's long-term growth potential.
6. In-depth cooperation with CRV
The cooperation between SOFA and CRV has made significant progress, and the high recognition from the CRV community is undoubtedly an endorsement for SOFA. This also means that SOFA has gained attention from top institutions in the industry, further validating its future development potential.
7. Purchase recommendations
It is recommended to start dollar-cost averaging when the price of RCH is below 0.5, as the daily airdrop pressure of about 10,000 is relatively small, approximately equivalent to a selling pressure of 5,000 USD. Investors can also slowly accumulate positions through LP mining rewards on DEX. Short-term investors can consider reducing positions around 1.2, while long-term investors can set a target market value of breaking 100 million.
Summary
The SOFA ecosystem shows strong growth potential in multiple aspects. Currently, the price of RCH is low, and there is significant room for short-term increases. The expansion of the EVM public chain and the progress of AUTOMATOR bring more opportunities to the platform, while the cooperation with CRV provides strong support for SOFA's market recognition. For investors, SOFA is a high-potential investment target at the current stage, especially for long-term holders, as the potential market returns are worth paying attention to.
