In the Crypto Assets market, an emerging technology is attracting widespread attention. Fully homomorphic encryption (FHE), as a core technology for AI privacy protection, has unique characteristics that place it at the forefront of today's rise rankings.

FHE technology allows for computations to be performed while data remains in an encrypted state, enabling AI inference and data processing without the need for decryption, thereby effectively preventing data leakage and misuse. This innovation brings new possibilities to the field of data security.

As a pioneer in the FHE track, a certain company completed a $57 million Series B funding round in June 2025, with a valuation exceeding $1 billion, entering the ranks of unicorns. The core advantages of FHE are mainly reflected in three aspects: full data encryption, on-chain and off-chain privacy protection, and efficient computing capabilities.

However, despite the great potential of FHE technology, the number of projects in this field is still limited. Although large exchanges like Binance have started to follow and invest in FHE-related projects, the overall enthusiasm for this sector has not truly emerged. There is still a cognitive gap among ordinary users regarding the actual demand and application scenarios for FHE.

It is worth noting that the price fluctuations of FHE-related tokens may reflect more of the market's short-term speculation on new technology rather than their actual application value. As of the writing of this article, the token has already begun to experience a significant decline.

Looking to the future, as people's awareness of data privacy protection increases, FHE technology may play a greater role in fields such as AI and blockchain. However, investors should remain rational when following such emerging technologies, thoroughly understanding their technical principles and application prospects, rather than blindly following short-term market sentiments.