I'm genuinely bullish on Solana—the free market ethos it champions is real. But let's be honest: when a chain gets flooded with low-quality tokens and spam projects, you can't just rely on organic market forces to fix it.
People don't self-correct. Rules do.
It's not anti-market thinking; it's recognizing how systems actually work. Some friction, some guardrails—they're not the enemy of innovation, they're the prerequisites for sustainable growth. A chain choked with junk makes it harder for legitimate projects to breathe, harder for users to navigate, harder for the ecosystem to mature.
This kind of reset phase? It's inevitable. It's part of how maturing ecosystems evolve. The market doesn't just organically separate signal from noise—sometimes you need structural changes to reset the incentives.
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I'm genuinely bullish on Solana—the free market ethos it champions is real. But let's be honest: when a chain gets flooded with low-quality tokens and spam projects, you can't just rely on organic market forces to fix it.
People don't self-correct. Rules do.
It's not anti-market thinking; it's recognizing how systems actually work. Some friction, some guardrails—they're not the enemy of innovation, they're the prerequisites for sustainable growth. A chain choked with junk makes it harder for legitimate projects to breathe, harder for users to navigate, harder for the ecosystem to mature.
This kind of reset phase? It's inevitable. It's part of how maturing ecosystems evolve. The market doesn't just organically separate signal from noise—sometimes you need structural changes to reset the incentives.