A lot of people are saying on-chain is dead. Guess people forgot what on-chain looked like before last year’s AI meme. Old players will know what I’m talking about if they compare. Actually, liquidity is split into two parts: One part is base liquidity: determined by infrastructure and long-term active capital. The other part is trend liquidity: driven by major, sustained innovation (or the anticipation of innovation) that brings in fomo capital. As of now, the base liquidity on SOL is the best—it’s way better than the same time last year. What we’re missing is the big hype and trend-driven fomo capital. Stay patient and keep an eye on AI. After all, global innovation is in AI. #SOL #AI #crypto