Payfi and RWA are two sectors that have been gaining increasing popularity recently, with many projects entering the space. But honestly, the ones that can truly survive and be used are still those with good insight.
I've been watching Velo Protocol. From the perspective of application implementation, this project should have already become popular. However, its current market cap is still significantly lower than what it is actually doing — clearly an undervalued state. This means that once the market reacts, the upside potential will be greater than that of similar projects.
Instead of chasing after those projects still just telling stories, it's better to focus on projects that are already doing real work but haven't yet received full recognition. Velo is one of those.
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DefiPlaybook
· 15h ago
Notably, according to on-chain data, Velo's TVL and its actual application coverage rate show a significant mismatch—this underestimation often indicates greater upward potential.
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The RWA track is indeed crowded, but projects with stable cash flow support are few and far between. Projects like Velo, with validated application models, are actually more likely to be overlooked.
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Storytelling projects tend to raise funds quickly, but whether they can truly take off depends on on-chain metrics. Velo's recent lending scale data is quite interesting.
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Honestly, underestimated projects are often also underestimated in risk. It’s necessary to examine them from three dimensions: protocol design, risk control mechanisms, and sustainability of returns.
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Rather than chasing hot topics, it’s better to focus on those quietly working behind the scenes—things the market ultimately won’t discover.
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Velo Protocol indeed fits the characteristics of "small but beautiful and overlooked." Once such projects have a catalyst, they are prone to nonlinear rises.
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The question is, how long can the current hype around Payfi last? How much of the incoming capital will remain? That’s the real screening criterion.
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SigmaValidator
· 15h ago
Velo, a hidden gem project, is indeed easy to overlook; the market loves to hype concepts.
Honestly, compared to those that keep raising funds and making news every day, I prefer projects that are already showing results.
Once undervalued projects are discovered, their growth potential is indeed different.
PayFi RWA is full of stories; you still need to choose those with real-world applications.
It's a matter of vision—most people tend to go against the trend.
Velo's fundamentals are solid, but unfortunately, the hype hasn't been able to pick up.
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RugResistant
· 15h ago
analyzed velo's codebase thoroughly... implementation looks solid but tbh the market cap disconnect feels like it could be a red flag too. sometimes undervaluation = undervalued for a reason, ngl. DYOR but here's my concern — needs deeper investigation on actual adoption metrics
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ETH_Maxi_Taxi
· 15h ago
The biggest fear of undervalued projects is that they are always undervalued. Why hasn't anyone pumped Velo like this yet?
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NeonCollector
· 15h ago
Underreaction and other responses, this wave can indeed take off
I'm also following Velo, and it really doesn't compare to those pump-and-dump projects that boast all day long
In reality, projects that do real work are looked down upon, while trash stories can still surge, the market is a bit magical
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Degen4Breakfast
· 15h ago
Velo's quiet way of making big money is the real deal, much better than those who promote every day.
Payfi and RWA are two sectors that have been gaining increasing popularity recently, with many projects entering the space. But honestly, the ones that can truly survive and be used are still those with good insight.
I've been watching Velo Protocol. From the perspective of application implementation, this project should have already become popular. However, its current market cap is still significantly lower than what it is actually doing — clearly an undervalued state. This means that once the market reacts, the upside potential will be greater than that of similar projects.
Instead of chasing after those projects still just telling stories, it's better to focus on projects that are already doing real work but haven't yet received full recognition. Velo is one of those.