Although analogies are considered the weakest arguments in debates, they are the most accepted by the general public because they can provide a conclusion as a guide for the future.

Recently, I saw discussions about the decline of ETH, and the classic analogy compares ETH to Alibaba and JD, while SOL is likened to Pinduoduo. After Alibaba's early success, it became increasingly detached from reality, engaging in many impractical businesses, such as Damo Academy and the Huashan Sword Meeting, focusing on castles in the air. Taobao and JD also became more high-end, with Tmall and JD self-operated, inadvertently giving their lower-tier users to Pinduoduo. When the core competitive strength is compared in terms of price, it becomes clear that the momentum has already shifted.

SOL also capitalized on this, successfully retaining a large number of lower-tier users eager to get rich quickly with low gas fees, meme-based casinos, and excellent on-chain experiences. When the market is quiet, it becomes evident that SOL has been consistently generating hotspots, capturing the essence of this moment, which is the attention economy.

The prices of ETH and SOL have already voted with their feet; the next wave of cryptocurrency hotspots will likely be led by SOL's innovations in the application layer, not just memes.