Cjay

GAINZY SAYS ETHEREUM FOUNDATION HAS BEEN AN EMBARRASSMENT FOR A VERY LONG TIME SHAMES FOUNDATION FOR FRAGMENTING LIQUIDITY WITH L2S AND FOR NOT FIXING FEES QUESTIONS BITMINE’S DECISION TO INVEST BILLIONS INTO ethereum:native

You have no idea how big the larping industry is You can literally generate fake PnL cards for almost every protocol in seconds

My honest thoughts about the Solana ecosystem right now: Even though I’m still extremely bullish, the ecosystem genuinely feels very different from before. We’ve built more apps, improved infra, onboarded more users, more institutions, more capital, and generated more revenue than ever before. The ecosystem is objectively stronger. But somehow it also feels more lonely than before. The space got so big that many of us don’t even know each other anymore. Things feel more artificial, distant, and transactional. Back in 2021, the community itself carried Solana on its back. The devs were eating glass 24/7, creators onboarded users out of pure conviction, and the narratives were built organically by the people. The foundation barely even had a social presence back then. The community had the power. Now it feels like too many people rely on the foundation, engagement algorithms, institutional validation, and coordinated narratives to shape the culture for them. I mean "Solana kols" are now foundation members. And that’s where I think things become dangerous. If the narratives of the ecosystem are artificially constructed and amplified from the top down, the culture slowly loses authenticity. People stop thinking for themselves and just start echoing whatever is placed in front of them. The culture became bigger, but weaker. It's more efficient forsure, but less human. A lot of people no longer love Solana itself. They just use Solana because the tech is good or because the current meta is here. There’s less collective identity, less emotional attachment to the chain, and less genuine support between builders unless there’s financial incentive attached to it. Back then we all felt responsible for pushing Solana forward together. Now many people just spectate lol. The Solana I fell in love with was built around real communities, nfts, friendships, chaos, conviction, and collective belief during the hardest times. Not just perps, casinos, AI agents, and whatever the next shiny meta is. Maybe this is simply what happens when ecosystems mature. Maybe I'm just too washed now. I genuinely miss when the people themselves felt like the soul of Solana.

Lighter TPS more than doubled today - has lowest latency of any perp dex - load spikes haven't impacted latency - architecture scales orders of magnitude from here single sequencer = high performance prover = verifiability, trustless collateral, trustless exit rights

Lighter is doing 22% of Hyperliquid’s perp volume at 2% of its valuation $LIT: $1.29B daily volume, $314M cap $HYPE: $5.81B daily volume, $13.35B cap That’s a ~43x discount. HIGHER!

People are figuring it out.

but there are also some protocols taking security very serious