According to Odaily, trader Eugene Ng Ah Sio recently shared insights on X regarding a new competitor to Solana (SOL). He highlighted several key points in his discussion, emphasizing that price often leads fundamentals. Ng Ah Sio noted that most organic development activities on various blockchains are still in their early stages. He also mentioned that a unique selling proposition (USP) beyond being 'cheaper and faster' might be necessary for the new competitor to stand out.