It must be said that Solana is increasingly like an exchange, with Prop AMM playing a key market maker role.

As cross-chain assets like ZEC and MON gradually log into Solana, the key is that project teams do not need to deploy contracts themselves. Instead, with the support of mature cross-chain bridges and DEXs, especially with the backing of Prop AMM, there is rapid support for new and popular assets. For instance, MON was supported almost on its launch day and has had relatively good liquidity and trading volume.

This also confirms the long-held view that public chains and Layer 2 should operate like exchanges, organizing traffic and narratives around assets.