Recently, I have spent a lot of time analyzing the trends in the oracle track. To be honest, this sector doesn't have flashy hype or the imagination for explosive price surges, nor does it have grand narratives or packaging. But those who truly understand know how critical this infrastructure is—usually invisible and seamless, but once problems arise, the entire ecosystem can collapse.

Let's start with the essence: oracles are fundamentally the infrastructure of the blockchain world and are inherently risk points. Sudden stalls in lending protocols, abnormal fluctuations in perpetual contract funding rates, disputes in on-chain prediction markets requiring arbitration... looking deeper, many issues point to the same root—data source failure. We often emphasize decentralization, but in reality, whenever information comes from off-chain, there must be participants acting as "translators" to convert real-world data into a format understandable on-chain.

The new development is that this time, some projects aim to be more ambitious. They are not just serving as intermediaries for price data but are striving to provide a more complete, verifiable information service system—covering various documents, real event confirmations, daily information, and even those niche long-tail cases. The value of this layer is not yet fully recognized by the market.

Token deployment marks the beginning of a new phase

Many projects in the industry are still in the "coming soon" phase, but this time is different. After the second half of 2025, there is a clear shift from planning to actual operation. The opening of the token event window on October 24th is a critical moment. Once the tokens are officially issued, projects can no longer rely solely on concepts to support their presence; they must directly address core issues like token distribution mechanisms and incentive model design. The leap from paper to execution is when you can truly see the team's foundation.