The weakness of Ethereum is one of the hottest topics of discussion in this bull market. From the perspective of platform X, there is a sense of "mourning its misfortune and angering its lack of competitiveness" regarding Ethereum. Solana is often compared to Ethereum because, in this cycle, Solana has outperformed Ethereum in terms of user participation and attracting liquidity through MEME.

Our team also had an informal discussion, and the reason why everyone feels that Ethereum is not performing as well as Solana is that Ethereum has not launched many applications that allow user participation in this bull market. Without users, there will be no money attracted.

From our past experience in the internet—insight into user needs and providing what users want—Solana resembles the approach of traditional internet companies: taking a pragmatic perspective to do things, supporting whatever can bring users and money in. The explosive success of Stepn in 2022 and the upcoming success of http://Pump.fun in 2024 both confirm this logic.

In contrast, the explosion of DeFi in 2020 and NFTs in 2021 on Ethereum also followed this logic. However, the contradiction with Ethereum is that it tends to be somewhat aloof, or in other words, its technical ideals are quite heavy. Since 2022, Ethereum has been focused on technical developments, including the transition from PoW to PoS and discussions on sharding for scalability. Of course, many Layer 2 solutions have emerged, but even with Layer 2 reducing gas fees, no compelling applications have been born.

Currently, in the blockchain industry, for participants, pragmatically speaking, technology is important, but participating to achieve the goal of making money is even more important. From a market economy perspective, users' choices are not wrong. Voting with one's feet is the most obvious answer.

Whether it is good or bad, in the blockchain industry, where liquidity is, there lies opportunity.

Solana #Ethereum

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。