Looking ahead to the 2026 midterm elections, they are indeed expected to bring a wave of political-related enthusiasm to the market. Observing the recent performance of politically themed cryptocurrencies, it’s clear that such events can influence market sentiment.

Another factor not to be overlooked is prediction market platforms like Polymarket. As political betting heats up in 2026, these platforms may divert significant attention and liquidity resources away from the meme coin market.

Now, let's examine the current on-chain ecosystem layout—there's an interesting phenomenon here.

In terms of liquidity availability, SOL leads by a wide margin, followed by BASE, with BSC trailing behind. However, when looking at PVP (the intensity of trader competition), the ranking shifts to SOL > BSC > BASE, indicating that although BSC’s liquidity is relatively tight, trading competition is actually more fierce.

The dimension of PVE opportunities tells another story—SOL has the most PVE opportunities, followed by BASE, with BSC having the fewest. These on-chain differences reflect the unique ecosystem characteristics and player compositions of each public chain.