Recently, the privacy computing sector has been exceptionally hot. The all-homomorphic encryption direction, represented by $FHE, is experiencing an accelerated expansion phase — from the beginning of the year to now, the 24-hour increase has exceeded 30%, and over the past week, it has surged a total of 189%, with an astonishing upward trend.

What is the logic behind this wave of growth? First, Mind Network, as a core participant in the FHE ecosystem, has achieved a key breakthrough through x402z protocol innovation: directly executing AI payments and building zero-trust networks in encrypted states. This resolves the previous contradiction between AI and privacy protection — protecting user data privacy while enabling AI to obtain sufficient computational power. Deep integration with a mainstream public chain further strengthens the ecological foundation.

Market expectations are also driving this trend. The Zama ICO countdown (launching on January 21) demonstrates the technical team's real execution capability. Coupled with industry recognition of the long-term value of quantum security, capital continues to flow in. From an application perspective, innovative scenarios such as private DeFi and encrypted voting are moving from theory to practice, opening up imagination space for the entire FHE track.

Some institutions predict that the average price of $FHE in 2026 could reach between $0.099 and $0.22, with a potential ROI of up to 161%. In the current market environment, this direction ranks among the top five in Layer2 growth and has become a key allocation focus for many bullish investors. The fusion of privacy and AI may just be beginning.