Solana foundation cracks me up.
Pushing a $1.4 mil total open interest Solana perps platform(that they're invested in) like crack addicts after a $300 million Drift Solana hack.
They also don't truly realize all of the real traders have left for HL or have zero'd out their accounts on Solana trading dogshit scams. All that's left are farmers.
If they had focused on this 3 years ago I would have very much supported it, but they were distracted with whatever was hot at the time. The funniest part being NFTs were the biggest use case for the chain and they didn't support that either until it was late in the game. Then they supported stuff like Drip lol(you know why). How are compressed NFTs doing?
Now, they believe they will solve technical problems and traders will come rushing back to Solana. I am positive this is how they're thinking.
The root of this problem is that none of them actually trade, the same way none of them were in the trenches and why PUMP(a non Solana native team) came in and demolished all the Solana teams.
Solana is the best chain UX wise, but man oh man what a clusterfuck of underdelivering with a winning hand.
Anytime I've seen someone make it BIG in this space, it's because they had ONE major conviction play that they believed in to their core. Whether the price went up or down, they weren't shaken out...
Not thirty-two 'oh, I saw a guy tweet it' plays.