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Viewpoint: Solana is in the most dangerous situation since its establishment

2026-08-31 08:30:55

Text: According to ChainCatcher, Fullstack.Trade CEO Flood stated that Solana is in the most dangerous situation since its establishment.

thinkingusd listed four points: losing market share in the RWA market with no moat; no viable path to a native perpetual contract exchange; stablecoin trading pairs dominate trading volume and lose monetary characteristics; as new chains go live, the disadvantages of early issuers become apparent.

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