
加密韋馱|Crypto V🇹🇭|Mar 19, 2025 03:51
This is my analysis of why Solana can succeed and why it may end up being trended in August last year, when Solana had not even reached its peak yet
I think this paragraph applies to all L1:
Where could Solana's potential crisis lie?
I just mentioned the main factors contributing to Solana's success in this round:
1. Focus on small assets to achieve high on chain returns, as small assets continue to emerge and rise
2. The pricing power is on the chain, based on SOL
3. Democratization of dev governance
Water can carry a boat, but it can also capsize it. The crisis may be lurking in the same place:
What if the newly promoted narrative does not bring about the emergence of new small assets and corresponding upward momentum? For example, Blink has not brought a significant influx of new assets, and Payfi has not yet seen a bulk issuance of new assets
2. Will the exchange and other market participants try to break through the fortress from within, attempting to regain the pricing power of Solana assets from the blockchain and SOL standard back to USDT or platform coins? For example, if the exchange is suspicious and begins to support SOL based restocking, or if LSD is issued by the exchange to reduce liquidity and split rates?
3. With Solana's explosive popularity this round, will it lead to a change in the mentality of some core members of the ecosystem, making it difficult for new developers to approach and communicate? This will lead to a decrease in the splitting rate
You can substitute how BSC feeds blood SOL this time, or use history as a mirror to see how TRX's sunpump feeds blood SOL at that time
You can also use the same indicators to see when the BSC wave will reach its peak, or in other words, whether it has reached its peak
root of wisdom that can lead one to truth
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