My view is exactly the opposite—I believe Solana’s strength lies in capital efficiency and high throughput. New platforms like Pump, GMGN, and FOMO can all serve as fresh entry points for Solana. The fact that exchanges are currently bottlenecking its exit channels isn’t an issue, because by the time a market movement relies solely on CEXs as an exit, the major boom is already nearing its end. The key point is that this cycle’s capital amplifier is new super-entry points like FOMO, Pump, and Robinhood Wallet. While CEXs are also entry points, they must first possess the ability to nurture and attract narratives from the on-chain ecosystem—a capability that Base and BSC have already proven unattainable over an entire cycle. Every new narrative’s birth, growth, and surge always occurs on-chain. I remain confident in $SOL’s explosive potential!