**Top trader Eugene Ng Ah Sio talks about the "Solana killer" narrative: coin prices lead fundamentals, and on-chain development is still in its infancy**

BlockBeats news, on August 10, top trader Eugene Ng Ah Sio published a striking post on social media, sharing his views on the hot topic of "Solana killer". Let's take a look at what he said!

First, Eugene Ng Ah Sio mentioned that coin prices usually lead fundamentals. What does this mean? Simply put, the fluctuation of coin prices often precedes the actual development of the project. This is not uncommon in the crypto market. After all, market sentiment and investor expectations often have a significant impact on coin prices.

Then, he pointed out that most organic development activities on the chain are still in their infancy. That is to say, although there are many projects developing on the blockchain, there are not many truly mature and widely used projects. This view reminds us that although blockchain technology has broad prospects, we still need to wait patiently for it to mature gradually.

Finally, Eugene Ng Ah Sio believes that additional selling points may be needed instead of just being a "cheaper, faster" network. In other words, relying solely on low cost and high speed is not enough to attract users and developers, and projects need to find more unique selling points to stand out.

There are two projects that meet the above views, but they are still in the due diligence stage. Although Eugene Ng Ah Sio did not disclose the specific project names, we can expect more news about these projects in the future.

What do you think of these views? Which projects do you think have the potential to become the real "Solana killer"? Welcome to share your insights and discussions in the comment area! 😊

In general, Eugene Ng Ah Sio's views provide us with a new perspective to help us better understand the development dynamics of the blockchain industry. Whether you are an investor or a technology enthusiast, you can get some inspiration from it.

Remember to pay attention to our follow-up reports to learn more about the latest developments in the blockchain industry!