"A common misconception from businesses is that Solana is better, but actually, Ethereum is better." Back in '21/'22, a bunch of Solana Labs folks (from recollection, @bennybitcoins, @thedhkt, @mattytay, @tamarincrypto, @knimkar among others) were trying to get DeFi metrics on the ecosystem out there. It was incredibly hard. We weren't EVM, leading analytics teams didn't feel the need to invest in Solana integration, or were incredibly slow to do so. At the first Breakpoint, I had a brief chat with @KyleSamani who basically said what you currently have now is not the metric you want to chase, it's the velocity of growth. Stablecoins? I remember cheering when we crossed 50m for the first time. Ethereum's MC is 4x Solana? It used to be 1000x. TVL? Well, f*** TVL. The point being, whether Sasha's statement is true or not, it's wild to see Ethereum in a position where they're looking at their rearview mirrors and have to talk about what they have and not where they're going. This is not a dig. It's more of a reflection of just how fast crypto moves. Next up might be Hyperliquid, Sui, or some new project. Don't be complacent is the lesson. Knowing the pivot, genuinely hope to see Ethereum continue to grow because in the next three years, they might not have the luxury of looking back. They may have to look ahead. Keep building. OPOS IBRL
And tbh I’m moonlighting as his intern
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.