#以太坊行情解读 Why has Solana been the most explosive in the past two years? This issue needs to be viewed from two perspectives.

From a technical standpoint, SOL uses PoS but has not taken the path of decentralization at all. The founders never intended to build a true consensus chain from the beginning. In simple terms, it's like a high-performance single machine; the infrastructure on the chain and the participants are quite casual, with an atmosphere similar to the Dogecoin era—backed by wealthy sponsors, attracting various funds to play at low cost. Those Meme coins that frequently blow up? They’re just smart money running faster than retail investors. As long as the server of the single-chain is running, theoretically, it can last a long time.

But here’s a real issue: blockchain does have genuine needs, just not for issuing random tokens. Serious application scenarios simply cannot run on a single-chain.

What about true consensus chains? For a long time, blockchain has been stuck in the impossible triangle—security, decentralization, and performance—difficult to achieve all at once. But this is not a terminal illness. Zero-knowledge proofs are breaking the deadlock, especially zk solutions fully compatible with EVM, which can achieve performance levels comparable to SOL while maintaining Ethereum’s security properties. Once the shared problem of consensus security is solved, the last fortress—asset on-chain—will be breached.

The true value of blockchain is not about issuing tokens recklessly. Those Meme coins with no fundamentals, investors will ultimately have to swallow the bitter fruit. $BTC