⟠Palis⟠🐍: "Solana was the retail chain last cycle because Ethereum gas was too expensive. T"

Solana was the retail chain last cycle because Ethereum gas was too expensive. That problem has been largely fixed for ETH gas. But Ethereum super users mainly sat out of onchain games this last cycle. Definitely down bad because of ETH weakness, but didn’t have Trump/Melania/Libra, didn’t have billions in fees taken, didn’t gamble away every penny like majority of Solana onchain. Solana onchain is a different magnitude of down bad right now One weekend showcasing Ethereum onchain still has big money patiently sitting dormant, waiting for opportunities. I think both Ethereum and Solana can be retail chains again, but rn Ethereum looks way healthier Also very important point: as passive yield and DeFi looks less attractive on Ethereum, active self-custody speculation may become more attractive again