Spark completed a key financial restructuring in July, achieving full independent operation. All business revenues are no longer integrated into the original ecosystem but are entirely retained within its own system. This step is crucial.

By October, the project further introduced a token buyback proposal. What does this mean? Simply put, it tightly links the actual cash flow with the market value of the tokens. As long as the business continues to grow and revenues increase, the buyback力度 will naturally also increase—forming a positive feedback loop.

Compared to projects that rely on short-term hot topics or news hype, this logic is completely different. It does not pursue the illusion of overnight riches but depends on solid business expansion and the compound interest effect of time. It’s like building a value model that can snowball on its own.

From a technical perspective, the 4-hour chart has clearly moved out of the bottom zone, with trading volume gradually releasing, and the reversal trend is gradually starting.