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Solana Foundation President: Current Pullback is Normal Cycle Correction, Stablecoins are One of the Most Critical Entrances in the Future
Summary: During the Binance Blockchain Week event, Solana Foundation President Lily Liu stated that the recent market pullback is completely within the normal cycle correction of the crypto industry and does not require an overreaction. Meanwhile, the Solana ETF remains the only product currently experiencing net inflows every day, reflecting a solid ecological foundation. She emphasized ...
During the Binance Blockchain Week event, Solana Foundation President Lily Liu stated that the recent market pullback is completely within the normal cycle correction of the crypto industry and does not require an overreaction. Meanwhile, the Solana ETF remains the only product currently experiencing net inflows every day, reflecting a solid ecological foundation. She emphasized that stablecoins are one of the most critical entrances in the future for bringing in the 'next wave of users' to the crypto industry, and she looks forward to seeing more platform development rather than zero-sum competition. Institutions are rapidly realizing the capabilities of on-chain asset issuance, transparent settlement, and significant reduction in technical costs, which can drive cooperation more effectively than mere verbal criticism.
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Link: Solana Foundation President: Current Pullback is Normal Cycle Correction, Stablecoins are One of the Most Critical Entrances in the Future [Copy]
