Chairman of the Solana Foundation: The current pullback is a normal cycle correction, and stablecoins are one of the most critical entry points for the future

The chairperson of the Solana Foundation, Lily Liu, stated at the Binance Blockchain Week event that the recent market correction is entirely a cyclical adjustment inherent to the crypto industry and does not warrant an overreaction. At the same time, the Solana ETF remains the only product currently experiencing daily net inflows, reflecting that the ecological foundation is still solid. She mentioned that whether it is Binance, Ripple, or Solana, the entire industry is working together to bring in the "next batch of users" for crypto, with stablecoins being one of the most critical entry points for the future. Therefore, she looks forward to seeing more platform development rather than zero-sum competition. Institutions are quickly realizing the capabilities of on-chain asset issuance, transparent settlement, and significantly reduced technical costs, which are far more effective in driving collaboration than verbal criticisms.

Regarding the next phase of mainstream adoption in crypto, Lily emphasized that "speed and low cost are just basic conditions and are not enough to trigger a real explosion." She believes that aside from Bitcoin's positioning as digital gold, the core competition among all other public chains lies in whether they can become the global native financial infrastructure—allowing 5.5 billion people to transfer assets, share liquidity, and use financial applications within the same system. True "inclusive finance" means not only enabling unbanked users to participate but also allowing global asset issuers to directly access global capital markets without complex cross-border structures and high costs.

Thus, Solana insists on a single-layer architecture, avoiding L2 and sharding, to ensure that speed, cost, liquidity, and application value naturally converge on the same chain, forming a unified and open global financial base. Lily finally pointed out that Solana's goal remains aligned with Bitcoin's original vision: to build a truly peer-to-peer, universally accessible, and globally interconnected value network, allowing assets to flow freely around the world like information.