"A common misconception from businesses is that Solana is better, but actually, Ethereum is better."
Back in '21/'22, a bunch of Solana Labs folks (from recollection, @bennybitcoins, @thedhkt, @mattytay, @tamarincrypto, @knimkar among others) were trying to get DeFi metrics on the ecosystem out there.
It was incredibly hard. We weren't EVM, leading analytics teams didn't feel the need to invest in Solana integration, or were incredibly slow to do so.
At the first Breakpoint, I had a brief chat with @KyleSamani who basically said what you currently have now is not the metric you want to chase, it's the velocity of growth.
Stablecoins? I remember cheering when we crossed 50m for the first time.
Ethereum's MC is 4x Solana? It used to be 1000x.
TVL? Well, f*** TVL.
The point being, whether Sasha's statement is true or not, it's wild to see Ethereum in a position where they're looking at their rearview mirrors and have to talk about what they have and not where they're going.
This is not a dig. It's more of a reflection of just how fast crypto moves. Next up might be Hyperliquid, Sui, or some new project. Don't be complacent is the lesson.
Knowing the pivot, genuinely hope to see Ethereum continue to grow because in the next three years, they might not have the luxury of looking back. They may have to look ahead.
Keep building.
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