Solana Labs co-founder: Low SKR prices benefit early builders, ecosystem maturity will take 10 years
According to Odaily, Solana Labs co-founder toly stated on the X platform that if the SKR price remains at a low level similar to Solana's early CoinList auction, it will allow developers to fully enjoy the benefits of early participation and naturally filter for true long-term believers, ultimately rewarding those early adopters who invest significant time and effort. toly added that every time a token price rises rapidly in the short term, it causes concern, as excessively high market expectations are difficult to sustain, and building a truly prosperous ecosystem usually requires a cycle as long as 10 years.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Trending news
MoreThe recently released quarterly earnings report of Mobix Labs Inc. for the period ending March 31 shows that the company's financial position continues to raise significant doubts in the market about its ability to continue as a going concern.
Institution: The Federal Reserve will have to raise interest rates in July to appease "bond vigilantes"
