Ninjastic
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Scraped on 27/07/2025, 23:03:53 UTC
Quote from: TastyChillySauce00 on July 26, 2025, 05:55:46 AM
The coin itself has been stuck with 170m FDV for quite a while and it has existed from 2022, the utility is also minimal.
If we're talking about giant in the solana ecosystem there are plenty already and most of them are focused on defi instead of infrastructure.

I prefer to bet on lending/dex/perp dex platform than an infrastructure project.

Not just the utility but also the industry that they're focusing on: NFT tooling.

We all know that NFTs are dead and any team still trying to push the narrative for more NFT adoption is just burning their runway instead of pivoting to a much better protocol with better vslue proposition that would help drive revenue.

See protocols like hyperLiquid, AAVE are the best so far because they're sustainable at this point from just revenues. Where's the revenue from nfts? The fees from sales or fees from the projects using their tooling that wouldn't be able to sell out?
Original archived Re: Solana might be flipping BNB intern of protocols
Scraped on 27/07/2025, 22:59:19 UTC
Quote from: TastyChillySauce00 on July 26, 2025, 05:55:46 AM
The coin itself has been stuck with 170m FDV for quite a while and it has existed from 2022, the utility is also minimal.
If we're talking about giant in the solana ecosystem there are plenty already and most of them are focused on defi instead of infrastructure.

I prefer to bet on lending/dex/perp dex platform than an infrastructure project.

Not just the utility but also the industry that they're focusing on: NFT tooling.

We all know that NFTs are dead.