Solana Foundation Chairman: The current correction is a normal cycle correction, and stablecoins are one of the most critical entrances to the future.

Foresight News reported live that Lily Liu, chairman of the Solana Foundation, said at the Binance Blockchain Week event that the recent market correction is entirely a cyclical correction of the inertia of the crypto industry, and there is no need to overreact; at the same time, the Solana ETF is still the only product that maintains net inflows every day, reflecting that the ecological foundation is still solid. She said that whether it is Binance, Ripple or Solana, the entire industry is still working together to bring the "next batch of users" to crypto, with stablecoins being one of the most critical entrances to the future, so she looks forward to seeing the development of more platforms rather than zero-sum competition. Institutions are quickly realizing that on-chain asset issuance, transparent settlement and the ability to significantly reduce technology costs are real benefits that drive collaboration far more than verbal criticism.


Regarding the mainstream adoption of encryption in the next stage, Lily emphasized that "speed and low cost are only basic conditions and are not enough to bring about a real explosion." She believes that in addition to Bitcoin's digital gold positioning, the core competition of all other public chains is whether they can become the world's native financial infrastructure - allowing 5.5 billion people to transfer assets, share liquidity, and use financial applications in the same system. True "inclusive finance" means not only allowing users without accounts to participate, but more importantly, allowing global asset issuers to directly access global capital markets without complex transnational structures and high costs.


Therefore, Solana has always adhered to a single-layer architecture, without L2 or sharding, in order to allow speed, cost, liquidity and application value to naturally converge on the same chain to form a unified and open global financial base. Lily finally pointed out that Solana’s goal is still the original vision of Bitcoin: to build a truly peer-to-peer, accessible to everyone, and globally interconnected value network, so that assets can flow freely around the world like information.

Disclaimer: The views in this article only represent the author's personal views and do not constitute investment advice from this platform. This platform does not make any guarantees about the accuracy, completeness, originality and timeliness of the information in the article, nor is it responsible for any losses caused by the use or reliance of the information in the article.