The token price of a leading exchange has already returned to the key support level at the beginning of the year, and funds are continuing to be deployed in the short term. Market focus is shifting to the SOL blockchain.
Last year, there were quite a few complaints about the ecosystem development of this platform. By the end of October, when the market started to rally, it was also acknowledged that there were some highlights. However, frankly speaking, the sustainability of this round of rally is concerning. Before new innovative applications emerge, if the cycle still revolves around the existing token issuance model, the playability and imagination space of the SOL ecosystem are still more abundant in comparison. Price fluctuations are one thing; ecosystem vitality is the core long-term support.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
13 Likes
Reward
13
6
Repost
Share
Comment
0/400
LiquidityWitch
· 16h ago
The SOL ecosystem is indeed much more interesting than platforms that only issue tokens. In the long run, it still depends on the vitality of the ecosystem.
View OriginalReply0
WalletWhisperer
· 01-09 02:44
whale accumulation patterns suggest the real move hasn't even started yet... watching wallet clustering around those support levels, the behavioral indicators are honestly screaming. sol's ecosystem velocity is genuinely different, not just narrative pumping like the usual suspects. but ngl, sentiment always outlasts fundamentals in these cycles, so... who knows.
Reply0
GateUser-a606bf0c
· 01-07 20:05
The SOL ecosystem is indeed better at playing... Let's see how long it can hold up in this market cycle.
View OriginalReply0
HalfBuddhaMoney
· 01-07 20:03
Haha, that's right, the ecosystem is the key to success.
View OriginalReply0
ShadowStaker
· 01-07 20:01
ngl the ecosystem narrative is kinda hollow right now... sol's got actual throughput optionality whereas this exchange token just keeps recycling the same tokenomics playbook, pretty predictable tbh
Reply0
MEVictim
· 01-07 19:53
Uh, it's that same old token issuance model. I'm tired of it.
The token price of a leading exchange has already returned to the key support level at the beginning of the year, and funds are continuing to be deployed in the short term. Market focus is shifting to the SOL blockchain.
Last year, there were quite a few complaints about the ecosystem development of this platform. By the end of October, when the market started to rally, it was also acknowledged that there were some highlights. However, frankly speaking, the sustainability of this round of rally is concerning. Before new innovative applications emerge, if the cycle still revolves around the existing token issuance model, the playability and imagination space of the SOL ecosystem are still more abundant in comparison. Price fluctuations are one thing; ecosystem vitality is the core long-term support.