Odaily Planet Daily News: Coin Bureau co-founder Nic Puckrin stated in an article on X platform that there is still a long way to go before the so-called "shanzhai season", and the current spot trading volume in the shanzhai coin market is still lower than the levels of January 2025 and March 2024, and far below the level of 2021. However, some institutions have started to increase their holdings of SOL before the arrival of the "shanzhai season". For example, DeFi Development Corp's SOL holdings have exceeded $100 million, and SOL Strategies has recently increased their holdings of over 120000 SOLs. In addition, the growth of new developers on the Solana chain has just surpassed Ethereum, with a year-on-year increase of 83%. Developers are choosing Solana, and currently 65% of SOLs are pledged, with open contracts also rising.