Gen3 💻

Non-EVM Community in Taiwan (Solana is the best) 🟣 --- Web3 內容創作者、推廣者及社群平台 我們致力於找尋 Web3 新興產品或概念驗證、開拓對於 Web3 新技術的認知邊界

[Gen3 💻 @Gen3Network]

The @TaipeiWeek 2024 Hackathon sponsored by the Solana Foundation kicks off virtually today!

🛠️💻 Hack Now: https://t.co/dOiBEWM9pd

Join developers and innovators from around the world to build the next generation of dApp. Only Possible on @solana!

Get Started👇

[AJ｜🟧⛈️🟣 @aj_wgb]

Zeus Networkは、チームメンバーを30人近く抱える企業です🏢⛈️

実はあまり知られていないかもしれないですが、ハッカソンや教育活動を展開し、台湾のSolanaビルダーを支援する中心的な組織でもあります🇹🇼 @Gen3Network

Solanaに強固な地盤を築き、エコシステムの発展を支えています🤝

[Gen3 💻 @Gen3Network]

@solana = 傻龍
$SOL = 傻龍幣
@solana_devs = 傻龍開發者

[Dean 利迪恩 (⚛️,🐱) | sbpf/acc @deanmlittle]

@Solana_zh @Gen3Network 由現在開始：

Solana -> 傻龍
SOL -> 傻龍幣

好不好？

[Solar (Solana中文社群) @Solana_zh]

错过了TBW？ 没有关系！

今晚9点，参与我们一起线上狂欢，与我们一起回顾TBW展望新年！ 😍

主持人：@Laura6liu
嘉宾阵容： @ZeusNetworkHQ @mrblock @ApeJupiter @MiuCassie @OrderlyCN_ @zetachain

关注 @Solana_zh，转发并邀请三名好友，抽取5名用户获得每人10U奖金🙌🏼

[Gen3 💻 @Gen3Network]

Learn more: https://t.co/SsMxsP6dOf

[Gen3 💻 @Gen3Network]

Solana bounties @TaipeiWeek: 156 submissions under review 💻

[Gen3 💻 @Gen3Network]

@decircusmaster @MonkeDAOTaiwan @TaipeiWeek @MonkeDAO @ZeusNetworkHQ @ThunderCoreLab @Scallop_io Noice!

[Kimberly c @lastdancewearth]

gm

woke up feeling @solana

and a little Pudgy.

[XueDAO🔬 @xuedao_tw]

🚀 Exciting Announcement! The First-Ever Student Track at Taipei Blockchain Week is Here! 🎉
Build on Solana with Gen3
XueDAO and Gen3 are proud to present a student-exclusive hackathon track, centered on Solana and designed to empower student innovators! 🏆
@Gen3Network

[Vijay Kv @Vijaykv555]

Introducing @splitnpay – A decentralized solution to group payments on Solana! 💸

With SplitNPay, users can pool funds into a smart contract wallet and settle payments automatically!

Checkout - https://t.co/qBCnWsc4cp

@solana @TaipeiWeek @Gen3Network

[MONOLITH @monolith_fund]

$SOL

although heavily FUD-ed in 2022 and down 95% from top, SOL has now broken its ATH and is marked as one of the strongest Layer 1 this cycle.

why has @solana shown significant strength, what is its current state, and will the price continue to rally?

let’s find out 🧵

I. Solana Current Stats

as we all know, the $SOL price is so strong, but does the price reflect what happens on the blockchain?

we take a look at some fundamental metrics:

1. TVL

since 2023, Solana's Total Value Locked (TVL) has surged from $200M to approximately $9.3 billion, marking a 47x increase.

this significant growth in liquidity is not solely due to the general market uptrend.

Solana's TVL market share has also gained 10x to reach 8% as of November 2024, indicating that funds from other blockchains have migrated to @solana.

2. Daily Transactions & Users

currently, Solana processes approximately 571M daily transactions, 3x increase from its 2023 low.

daily active users have surged to 37M, marking a 40x rise over the same period.

all of this shows massive activity on @solana, which has been rallying since mid-2023 and hasn’t stopped.

compared to the 2 largest Ethereum Layer 2, @Optimism and @arbitrum, daily transactions on @solana are 31x and 81x higher, respectively.

DAU are even more striking, at 33x and 127x higher, respectively.

this highlights Solana's massive stats relative to other networks.

even more impressive is that $OP and $ARB are already considered among the largest blockchains in terms of TVL and users.

3. DEX Volume (vs others)

since 2023, Solana's DEX volume has continually surged, surpassing Ethereum in January 2024 and now reaching an ATH at 3x volume on @ethereum.

while bots and inactive accounts can inflate metrics like daily transactions and user counts, DEX volume accurately reflects genuine network activity.

this significant increase indicates that @solana outperforms other blockchains in the current cycle.

notably, Solana's DEX volume has exceeded Ethereum's ATH from the 2021 cycle, and with the altcoin season just beginning, this metric has the potential to rise even further, as most of DEX volume is driven by altcoins.

4. Fee Generate

@solana is also the leading chain in daily fee generation, surpassing @ethereum multiple times in 2024.

this is wild, given that Solana has only 183 protocols, with $8.8B TVL, compared to Ethereum's 1,230 protocols and $64B TVL.

even for a notable chain like @0xPolygon, Solana generated fee is 190x higher.

overall: @solana is clearly outperforming all other blockchains this cycle in terms of liquidity, user activity, and volume.

this makes $SOL's price surge reasonable and well-aligned with its strong fundamentals.

however, you might wonder why $Solana has achieved such parabolic growth in these metrics. why $Solana and not any other blockchain?

below, I’ll outline the key reasons that make Solana stand out 👇

II. Why Solana?

1. Solid Community

the foremost reason @solana has reached this point is its community—not just retail users chasing hype, but its dedicated builders.

even after facing heavy FUD in 2022, being delisted from @RobinhoodApp, and losing backing from a major VC, many teams continued building on Solana.

a glance at Solana’s @github repository commits shows consistent developer activity over time, underscoring this commitment.

→ this is largely due to the strong support from the @SolanaFndn.

consistently organizes events like Solana Hackathons, Hacker Houses, Breakpoint, and educational boot camps to empower builders, even during tough market times.

these efforts have resulted in parabolic growth in project submissions and funds raised.

→ there are also ecosystem-led groups like @superteam, @mtndao, @MetacampDAO, and @Gen3Network, which guide builders within their regions.

notably, Superteam operates across 8 countries.

such extensive and structured support for builders is rare and can only be compared to @ethereum.

2. Memecoin Craze

throughout this cycle, we can all agree that the sector with the most attention and highest performance is definitely memecoin.

and @solana is the blockchain of memecoins. few reasons can be:

a) blockchain of leaders:

if you ever tried to list out the biggest meme winners of this cycle, you would think of $WIF, $BONK, $POPCAT, $PEPE, $GOAT …

it's obvious that most of them come from Solana.

that’s why people go for Solana when they are looking for the next big thing.

b) @pumpdotfun

the best Product Market Fit of this cycle, it has completely transformed the game of memecoin, becoming the most popular dApp service for memecoins across all blockchains.

it contributed a lot to onboarding both web2 users and users from other chains to @solana.

look at this chart, you can see that since https://t.co/mHZUg8snLz launched, it has created more memes than all other services ever before.

and not just activity, It also created a unique value-capture model for Solana.

given the top weekly revenue-generating project, https://t.co/mHZUg8snLz is the only Dapp that got in the top 5, with others being giants in the crypto space.

imagine 1 single Dapp on Solana generating more rev than the whole of Ethereum.

c) culture

culture is something that cannot be forked, and on Solana, the culture of "degens" aligns perfectly with the nature of memecoins.

think back to when people would simply post their wallet addresses on Twitter to fundraise for a meme coin—completely unreliable, yet it raised millions of dollars.

this level of trust and engagement can only exist in a community with a strong culture.

we’ve seen multiple forks of https://t.co/mHZUg8snLz on $BNB, $ETH, $ARB, $TRX, and others, but none of them succeeded.

even with support from big names like @justinsuntron and hundreds of millions of dollars in funding, the meme hype on @trondao only lasted a week.

this highlights just how difficult it is to replicate Solana's unique culture.

3. Massive Airdrop

while most other chains rely on native token airdrops to attract users, $Solana takes it a step further.

during the tough market conditions of late 2023 to 2024, Solana projects distributed massive airdrops and listings, with some Dapp average earnings reaching up to $15,000—an impressive amount even in a bull market.

this strategy has successfully drawn a significant number of users to @solana.

4. Institutions Support

@solana has garnered significant attention from major traditional institutions, not only enhancing its reputation but also fueling speculation around $SOL.

notable events include:

- @Visa choose Solana for USDC stablecoin settlement
- Solana collaborates with Google Cloud's BigQuery
- Supported by @CathieDWood, CEO of @ARKInvest
- Solana Pay Integrated into @Shopify
- Franklin Templeton plans to launch a money market fund on Solana.
- Securitize, backed by @BlackRock, announced that it will add native support for Solana.

III. Future View

with all the analysis above, it's clear that Solana is the chosen Layer 1 of this cycle.

this is reflected in $SOL's price, consistently outperforming other assets throughout the year.

at this point, $SOL has broken its 2021 ATH, leading some to feel it’s risky to buy now, as the price seems far removed from the ground.

In our view 👇

$SOL will climb much higher.

historically, coins with the strongest relative strength from the start of a cycle tend to maintain that strength until the cycle's end.

in 2021, when $ETH broke its 2018 ATH, many thought it was already too high.

yet, to everyone’s surprise, $ETH went on to do a 3x in just 3 months.

Some of the core reasons:

a) fundamental:

as $BTC keeps going up and alts season comes, the metrics on Solana will keep rallying further, triggering speculation on $SOL compared to $ETH.

at this point, we don’t think any other blockchain can beat @solana anymore in terms of fundamental growth.

b) low valuation:

despite all the stunning metrics, Solana is still currently sitting at a valuation = ¼ of Ethereum.

the chance for $SOL to flip is hard, but if for example, Solana evaluated just half of Ethereum, and $ETH got to $5000 this cycle, it would make $SOL $678, 2.8x from current price.

which seems feasible.

c) expectation:

@bitwise, @21Shares , @CanaryFunds, and @vaneck_us have filed applications to launch SOL ETF.

if approved, this could be a huge catalyst for Solana, similar to how the ETF did on $ETH.

even if it’s not approved, it will still raise expectations across the market.

Risk: some might be concerned about SOL’s inflation rate, with rumors suggesting a 20% annual emission.

however, the actual rate is just 5%–6% per year.

with the current market cap, this equates to around $6B annually, while the daily trading volume is already $7.8B.

considering this, we don’t see inflation as a significant risk.

End of this tweet.

research conducted by @monolith_fund team.

full version of the analysis here:
https://t.co/oVQcEa3wTi

thanks for reading this far!

[DontsTAP @TapDonts]

@solana @TaipeiWeek @Gen3Network

Solana gives great opportunities to those who create something new and interesting🤩
@DoraHacks we are going 😎

https://t.co/aylkfFY7pv

[HAN @0xHANTW]

🔥 HAN x 台北區塊鏈週 (TaipeiWeek) 🔥

今年「2024台北區塊鏈週」 在 12 月盛大回歸，真的非常感謝 @TaipeiWeek 的邀請能夠參加這次的活動，同時也跟官方爭取準備了 3 張免費門票折扣碼要送給大家🔥

這是第一次參加活動，希望到時候能見到各位大佬，建立良好的關係與聯繫，並且拓展自己的視野🫡🫡

🎁 抽 3 張免費門票折扣碼！

參加方式：
1️⃣ 追蹤 @TaipeiWeek & @0xHANTW
2️⃣ 按讚 ❤️ + 轉推 🔁
3️⃣ 底下留言！

⏰48 小時內開獎！

——————————————————
🔥 台北區塊鏈週活動介紹 🔥

🔥 活動簡介 🔥

本屆的台北區塊鏈週主題為「Onboard」，由 @buzhidao_tw 和 @Gen3Network 以及 @TABEI_tw 共同主辦，其主旨是運用社群力量打造多元豐富的 #Web3 體驗。

活動期間邀請到多位重量級的區塊鏈領袖包括 Binance 執行長 Richard Teng、Tron 創始人 Justin Sun 等人登台演講。並且包含專題會議與黑客松活動，而黑客松提供超過 20 萬美元的獎勵，整個活動擁有豐富的專題討論以及交流機會，是一個不能錯過的年度盛會！

🔥 活動詳情 🔥

📅 活動日期：12/12 ～ 12/14
🗺️ 活動地點：松山文創園區
🎟️ 購票網站：https://t.co/3IDyrd1YOT

用我的折扣碼購買的話有 20 %的折扣喔！有興趣的千萬別錯過！

🔥 折扣碼：HAN20 🔥

#TBW2024 #TaipeiBlockchainWeek #Web3 #區塊鏈 #台北區塊鏈

[XDEGEN @xdegen_pro]

Introducing XDegen: The Future of Memecoin Trading on Solana!

In the wild west of cryptocurrency, memecoins represent both immense opportunity and significant risk. With over 4 million tokens in the market, navigating this landscape can be daunting for traders of all levels. That's where XDegen comes in – your ultimate training ground for memecoin mastery!

XDegen isn't just another trading platform; it's a game-changer in the Solana ecosystem. We've created a risk-free sandbox where traders can:

🎓 Learn the ropes without risking real assets
📈 Gain confidence before entering the live market
🤝 Connect seamlessly with @solflare_wallet and other Solana wallets

But we're not stopping there! XDegen is building a complete ecosystem for trader growth

By bridging the gap between curiosity and expertise, XDegen is democratizing access to the exciting world of memecoin trading. We're not just preparing traders for the market; we're shaping the future of decentralized finance on @solana.

Ready to revolutionize your trading journey? XDegen is here to turn meme dreams into trading reality!

Excited to unveil XDegen at the #TBW2024 Solana Hackathon! 🎉
XDegen is revolutionizing memecoin trading on @Solana:

🔹 Risk-free practice environment
🔹 Seamless integration with @solana wallets
🔹 Build confidence before live trading
🔹 4M+ tokens to explore
Join us in reshaping the future of trading! 💎
@TaipeiWeek @Gen3Network #SolanaHackathon #XDegen #MemecoinsTrading

[wei rong @wr1159]

In the last 2 weeks I worked on https://t.co/SmQV8dbduu (powered by @GeckoTerminal) , a platform to create baskets of tokens.

Currently you can:
1. Create your own basket with tokens
2. View performance
3. Buy all tokens in the basket via @JupiterExchange

1/4

[Gen3 💻 @Gen3Network]

提交期延長囉！有興趣的開發者們盡快提交⚡️

[Press Start Capital 👉🎮 @PressStartCap]

Extending the application deadline for the late birds 🦃

Get your application in by the end of the weekend!

[FUTUREMODE 台灣未來祭 (prev Taipei Blockchain Week) @TaipeiWeek]

Zeus Network joins #TBW2024 as a Gold Sponsor!

As Layer 1.5 of Solana, @ZeusNetworkHQ is the first permissionless communication layer unlocking Bitcoin liquidity to scale Solana without restrictions.

Excited to have them onboard!

[Gen3 💻 @Gen3Network]

https://t.co/mNZ3TuhzPs

[DA 交易者聯盟 - DA Traders | DA Capital @DA_Traders]

🏃‍♂️ 走吧，出來打球！輸的當球，贏的拿 iPhone！ 🏃

第一屆《亞洲區塊鏈體育高峰會》(Asia Blockchain Sports Summit, ABSS)是亞洲第一個幣圈跨界體育競賽，由 @noneland_media @DA_Traders 聯合主辦，活動將於 2024 年 11 月 30 日下午兩點於台北建安國小盛大舉行

集結幣圈頂尖 KOL、大專院校社團與加密愛好者，旨在透過創意競賽促進幣圈社群互動，讓運動與區塊鏈精神完美結合 🏃🏃‍♀️🏃‍♂️

時間 📆 11/30 2pm-6pm
地點 🏫 台北市建安國小
#會抽iPhone16！

大家一起來玩！ https://t.co/MCrAefynfq

[Gen3 💻 @Gen3Network]

今晚九點來聽聽前駭客松獲勝者 @chompdotgames 和 @torqueprotocol 的得獎歷程與後續營運心得，並向 @SolanaFndn 和 @Solana_zh 打聽該如何挑選下一個高潛力的賽道！

https://t.co/usDpH8GiiG

[Gen3 💻 @Gen3Network]

@colosseum @solana We see @chompdotgames 👀

Join the Twitter Space tomorrow to hear their journey of winning the @colosseum hackathon!

https://t.co/7GOqZZma0W

[Gen3 💻 @Gen3Network]

https://t.co/usDpH8GiiG