[News] Solana, a rising star in the blockchain industry, has successfully reborn after the collapse of FTX/Alameda, relying on the efforts of the community, and has consolidated its position as a top blockchain. 🚀The development of Solana's native protocol has driven the steady growth of SOL prices and DeFi indicators within its ecosystem, attracting more non-Solana-native protocols to seize this opportunity to take off.

Developers in the Solana ecosystem continue to create emotional highs for the market, such as activities such as PYTH airdrops, which have attracted a large number of users and funds. Moreover, Solana is gradually becoming a "host" for Ethereum developers. More projects are beginning to realize the large amount of on-chain activities within the Solana ecosystem and are eager to take advantage of this opportunity. Migration from Ethereum to Solana is bound to happen.

The market generally speculates that leading Ethereum projects Ethena and Pendle will be deployed to the Solana ecosystem in the near future. In the long run, applications serve users, not blockchains. When considering new deployments, blue-chip protocols should flock to environments where users and activities exist, otherwise they will face the risk of losing market share to competitors.

There is no inevitable center for future finance, and developers should deploy their applications accordingly, whether it is Ethereum, Solana, or even EVM+SVM's Monad and bank-operated regulated settlement networks. Before the crypto industry enters its final state, achieves true adoption, and brings trillions of dollars of traditional assets on-chain, application developers who blindly succumb to chain loyalty will lose money and market share on the table.

What do you think of Solana's rise and Ethereum's challenge? Welcome to leave a message in the comment area to discuss!