Statue Of Liberty ($SOL)

NEW: SOLANA FLIPS BASE IN DAILY TOKENS CREATED BY LAUNCHPADS, AFTER BRIEFLY LOSING LEAD - PER SEALAUNCH DATA

The White House just released its full strategy on digital assets, a major roadmap for how the US plans to stay ahead in global finance.

It’s a whole-of-government shift covering blockchains, stablecoins, BTC reserve, and crypto tax.

Here’s your short breakdown 🧠🧵

关注了 @burnt_xion 的动向，感觉他们在亚太这块市场的野心不小。XION Houses 计划正在加速布局韩国、中国、日本、新加坡、香港、印度和越南这些重点市场，目的是深耕本地社区和开发者，让技术真正贴近各地的文化和需求。Anthony Anzalone特别强调，他们不搞那些重复的NFT或者DeFi山寨产品，而是想做出真正符合亚太独特特色的创新方案。

XION这波动作还包括请来了前Cardano的CMO Adam Bates来负责亚太扩展，他对这块市场很熟悉，之前还受邀去韩国最大的RWA交易所Bdan的Busan Blockchain Week演讲，频繁出现在韩国主流媒体。这也显示了XION想成为亚太品牌首选区块链的决心。

虽然XION现在还不算家喻户晓，但作为去年12月才主网上线的新兴Layer 1，成长速度相当快，能和Solana、Sei、Sui之类项目比肩。背靠Circle支持，还是首个快速符合欧盟Title II法规的L1，实力不容小觑。尤其他们推出的Dave移动开发工具包，支持1800万开发者，还有Meta Accounts帮品牌用户无门槛接触区块链，这些都是加速普及的强力推手。

Anzalone已经在NYSE和NASDAQ多次分享Web3大规模应用的经验，接下来还会作为嘉宾亮相韩国区块链周。看得出来，XION真心想把区块链变成亚太人日常生活的一部分，正在一步步搭建Web3和现实世界的桥梁。未来半年他都打算扎根亚太，和当地开发者一起打造更多落地项目，挺期待他们的后续动作。

关键是它在 @KaitoAI 上有榜单活动， 最近 @arbitrum @Aptos @0xPolygon 热度也很高

$SOL - bit of additional confluence

Gm

We’re back on track people

.@MarinadeFinance ，认真研究完，发现价格严重被低估。

它是Solana 上最大的质押协议，一年能赚一千万美元，但是代币 $MNDE 的市值却只有四千多万。

从九月开始，协议会每月拿出 50% 的手续费收入，在市场上 自动回购 $MNDE ，年回购金额大概是 500 万美元，相当于当前 MNDE 总市值的 11%

这不是说说而已，是 长期、公开、自动执行的。

此外
1️⃣还有 5% 的销毁提案、

2️⃣2500 万枚治理奖励正在推进

最关键的是：
Marinade 是美国首只 Solana ETF 的独家质押提供商，
ETF 质押收益全部通过 Marinade 执行

Franklin Templeton（管理 1.5 万亿美元资产），在报告中点名 MNDE 是被低估的资产。

一些关键估值指标也很夸张：

🛡️TVL/市值比 45.8x，
🛡️P/E 仅 3.1x，远低于同类协议
🛡️有 ETF 和机构级背书的质押协议，整个市场也没几家

这些未来催化剂也需要保持关注：

1:TVL 增长情况

2:ETF 扩展进展

3:回购+销毁+治理提案落地情况

其实我也很好奇，难道真的是酒香就怕巷子深吗？
我个人会先建个小仓位，边观察边加，欢迎一起跟进，讨论，评论区一起分享。

#月牙项目挖掘

gm solana 

it's a great day to keep the stream flowing 🌊

@MarinadeFinance ，认真研究完，发现价格严重被低估。

它是Solana 上最大的质押协议，一年能赚一千万美元，但是代币 $MNDE 的市值却只有四千多万。

从九月开始，协议会每月拿出 50% 的手续费收入，在市场上 自动回购 $MNDE ，年回购金额大概是 500 万美元，相当于当前 MNDE 总市值的 11%

这不是说说而已，是 长期、公开、自动执行的。

此外
1️⃣还有 5% 的销毁提案、

2️⃣2500 万枚治理奖励正在推进

最关键的是：
Marinade 是美国首只 Solana ETF 的独家质押提供商，
ETF 质押收益全部通过 Marinade 执行

Franklin Templeton（管理 1.5 万亿美元资产），在报告中点名 MNDE 是被低估的资产。

一些关键估值指标也很夸张：

🛡️TVL/市值比 45.8x，
🛡️P/E 仅 3.1x，远低于同类协议
🛡️有 ETF 和机构级背书的质押协议，整个市场也没几家

这些未来催化剂也需要保持关注：

1:TVL 增长情况

2:ETF 扩展进展

3:回购+销毁+治理提案落地情况

其实我也很好奇，难道真的是酒香就怕巷子深吗？
我个人会先建个小仓位，边观察边加，欢迎一起跟进，讨论，评论区一起分享。

#月牙项目挖掘

Many public blockchains with over 100M investment lost attraction after mainnet launch for a combination of technical, economic, social, and strategic failures. Here’s a breakdown of the key reasons:

⸻

🧠 1. Lack of Product-Market Fit (PMF)
•Most chains launched with infrastructure narratives (TPS, finality, modularity) but no real user demand.
•They built platforms without solving real problems for users or developers.
•Many expected developers to “come and build,” but no killer dApp emerged.

Example: NEAR, Algorand — great tech, no sticky apps.

⸻

🪙 2. Misaligned Tokenomics
•Early investors dumped tokens post-mainnet (vested from seed/ICO).
•Heavy reliance on incentive-driven ecosystems (yield farming, airdrops), creating mercenary liquidity.
•Lack of long-term sustainable demand for tokens beyond speculation.

Example: ICP, Avalanche — huge valuation crash after launch.

⸻

⚙️ 3. Over-engineering & Complexity
•Chains focused on “tech superiority” (e.g., ZK, multi-chain, sharding, parachains).
•Resulted in poor developer experience (hard SDKs, bad docs, long deployment cycles).
•Instead of embracing EVM compatibility, many invented new VMs with few users.

Example: Polkadot, Kadena, Conflux — steep learning curves.

⸻

📉 4. Weak Ecosystem and Community
•Some chains didn’t nurture communities or grassroots dev networks.
•Over-focused on VCs, government partnerships, or institutional use cases.
•Missed out on Web3-native builders who thrive on open, fast-moving networks.

Example: Algorand, Flow — more “enterprise blockchain” than Web3-native.

⸻

⚔️ 5. Overcrowded Market
•Too many chains launched between 2017–2022 with similar value propositions (speed, cost).
•No differentiation once ETH scaling solutions (L2s) matured.
•Ethereum, Solana, and newer chains like Base and Blast ate their lunch.

⸻

⏱️ 6. Slow Execution and Delayed Mainnet
•Projects raised funds but took years to ship or overpromised features.
•Lost momentum, community attention, and developer interest during delay.

Example: Dfinity (ICP), Aleo — years between fundraising and mainnet.

⸻

📉 7. Bear Market Wipeouts
•Many projects relied on bull-market hype.
•Bear markets tested their ability to retain users, builders, liquidity — most failed.

⸻

🧯 8. Poor Governance or Centralization
•Some blockchains promoted “decentralization” but ran validator nodes themselves or allowed oligopolies.
•Led to community distrust and governance capture by insiders.

Example: EOS, where 21 validators formed a cartel.

⸻

🔍 Summary: Why Public Blockchains Lose Traction

ReasonExplanation
❌ No killer appTech without usage is just a prototype
💸 Token misalignmentEarly dumpers drain value from ecosystem
🧱 Developer-unfriendlyBad tooling, docs, onboarding
🌐 Weak network effectsSmall community = low usage = fewer builders
🐌 Execution lagTime-to-market too long
🧊 Centralization risksFewer nodes, untrusted governance
🧃 Unsustainable incentivesAirdrops ≠ adoption

⸻

✅ What Actually Wins?

Chains that:
•Are simple to build on (e.g., EVM chains)
•Foster community and memes (e.g., Solana, Base)
•Focus on killer applications (DeFi, NFTs, AI agents)
•Provide consistent user value, not just tech

The key takeaway is:
👉 Don’t just build infra. Build utility, community, and culture.