Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
DeFi researcher: If Solana adopts an L2 expansion model similar to Ethereum, SOL may become the new ETH

DeFi researcher: If Solana adopts an L2 expansion model similar to Ethereum, SOL may become the new ETH

CointimeCointime2024/09/03 11:29
By:Cointime

DeFi researcher Ignas stated that Solana is facing a critical turning point, as its transition from a single blockchain to a modular architecture has sparked industry discussion. Ignas pointed out that this transition may affect Solana's positioning in the cryptocurrency community, and the key is whether the concept of "network expansion" can be recognized. During this bull market period, ETH is between BTC and SOL. He believes that if Solana adopts a similar L2 expansion model to Ethereum, SOL may become the new ETH. However, this depends on how the new architecture affects the actual performance of the Solana ecosystem. Ignas warns that if Solana faces issues such as liquidity dispersion, its position may become uncertain. In addition, speculators may turn to pursue "network expansion" tokens within the Solana ecosystem, rather than SOL itself, which may hinder SOL's price growth.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!