Why should we allocate some "Japanese National Chain" ASTR in this bull market cycle?

Bitcoin is already at $100,000. Those who missed the first wave of the uptrend and are still looking for low-level Alpha targets, please take a look.

Today, let’s talk about Astar, which has transformed from Japan’s national chain into Sony’s Web3 business ecosystem, and its native protocol token ASTR.

1. ASTR: An "interesting" Alpha asset

First, let’s look at some data and charts that traders consider sexier and more interesting than http:// pump.fun live streaming:

ASTR and Bitcoin correlation statistics:

From the above data and correlation heat map, we can find that:

--The correlation between mainstream coins and BTC is generally above 0.7 (ETH 0.769, SOL 0.694)

--But $ASTAR has an average of only 0.643 over the past year, and the fluctuation range is large (-0.687 to 0.978)

--Recently, the correlation with BTC has dropped to -0.200, and it has started to move independently

We know that in a sector-linked crypto market, low Beta + high volatility often means more opportunities for price discovery.

Coincidentally, this is exactly the reason BlackRock and Stone used to convince Wall Street's old money to allocate BTC.

2. Sony's "backdoor listing": an underestimated transformation story

But what is really interesting is not the market data features of $ASTAR, but the transformation that Astar is undergoing: from an ordinary Layer 1 project to a new type of Infra+ collaboration that carries Sony Group's Web3 business.

Astar's role positioning has also transformed from "Japan's national chain" to "Sony Web3 ecological token".

You may ask, what is so special about this narrative?

Let me tell you three facts:

--Astar and Sony jointly established Soneium (Sony Chain), which is Sony's bridgehead for entering Web3

--70% of Sony's revenue comes from IP (movies, music, PS5), and monetization through Web3 is a major trend

--ASTR will be the core asset of the Soneium ecosystem and is currently the only tradable "Sony Web3 concept stock"

In fact, there is no other "Sony Web3 concept stock" that can be traded in any financial trading market in the world.

If MSTR is the Warp version of BTC traded in the U.S. stock market, then $ASTAR can be seen as the Warp version of Sony’s Web3 business traded in the crypto market.

How to play this chess game?

Sony's path is clear:

--Build a public L2 (Soneium) on Ethereum, rather than a company chain or alliance chain;

--Deploy top infrastructure (Chainlink/LayerZero) to ensure security, liquidity and interoperability;

-- Bring in real users through IP monetization and distribution channels, and form a commercial business with real income and cash flow;

And all ecological value will be deposited in the ASTR token.

But the market does not seem to fully understand the logic of this reverse wrap (Sony Web3 business). Just like before BTC took off, MSTR also went through a period of "undervaluation".

3. Opportunities and risks coexist

Bullish logic:

• Scarcity: The only Sony Web3 concept token in the market
• Time window: important milestones are concentrated in 2024-2025
• Reasonable valuation: market value is still in the middle of L1/L2 track
• Strong defensiveness: As Japan's "national chain", the basic foundation is solid

Risk factors:

• Ecological construction is not as expected
• Market sentiment fluctuates
• There is widespread uncertainty among web2 giants in their layout of web3

4. Final Thoughts

In the past bull market, we have witnessed too much "concept hype". But this time is different. With the election of Trump and Musk's entry into the cabinet, the introduction of the encryption legal compliance framework and the large-scale adoption of Web3 will come at the same time.

The previous practice of repeatedly building infra for Vitalik and Binance will become a thing of the past. Chain abstraction, PayFi, CeDeFI, AI Angent with Crypto Wallet and other future tracks that are generally optimistic in the market are all about going to consumers and going to the market.

Sony has deployed the most expensive infrastructure and invested in the most core IP resources... This is not just telling stories or hyping up concepts, but building with real money.

ASTR is the ticket to this game.