Episode Details

Crisis and Opportunity: Crypto Market Shifts, Solana vs. Ethereum, and Political Crossroads - The Chopping Block - Ep. 686
8/9/2024
Unchained โ†—

Key Insights

Bullish:

  • ๐ŸŸข $SOL - Discussing the increasing recognition and reliability of Solana, its impact on new entrants, and its potential for future growth.
    • โ€œThe newer entrants are realizing they need to learn... Things from Solana, which I think was, like, just a you you know, you would be a out cast to say that 6 months ago.โ€ - Tarun (0:00)
    • โ€œSolana has raised the bar for everybody... anybody who's launching a chain now or anybody who's doing any kind of r and d, it's always a question of what is your answer to Solana?โ€ - Haseeb (0:00)
    • โ€œThe reliability of the network has gone up significantly, thanks to things like Jido... I do feel like there's a sense in which the SON ecosystem founders and engineers are much more pragmatic.โ€ - Tarun (0:00)
    • โ€œIf you're doing anything touching meme coins or you're doing anything that's, like, very kinda intrinsically or you are doing deep end, absolutely 100%, you should be on Solana.โ€ - Haseeb (0:00)
    • โ€œIf there's not enough VCs in the Solana ecosystem, then the smart VCs will migrate there and specialize there.โ€ - Robert (0:00)
    • โ€œI think the fragmentation for Spot is very different than the fragmentation for derivative... Solana, you saw, like, tons of crazy unwinds of, like, people closing out loans, atomically hedging them.โ€ - Tarun (0:00)
    • โ€œMore people should be spending more time if that's where the activity is migrating to. Like, you wanna be ahead of the curve, not behind it.โ€ - Robert (0:00)๐Ÿ”’
    • โ€œI think there's a lot of, UX stuff... the high variance and interop quality across bridges... you don't think about that on these integrated chains.โ€ - Tarun (0:00)๐Ÿ”’
    • โ€œIf in a year and a half, we're like, oh my god. Solana overtook Ethereum in terms of, like, applications and, like, users and market cap. Then at that time, we're gonna look back at the VCs that were focused on Solana and be like, very likely they outperformed everybody.โ€ - Robert (0:00)๐Ÿ”’

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