David

The last two things I'd probably say here is,

One, I'm very bullish on Solana from the perspective of pretty much every founder I meet in consumer, that is where they just default go to build, right?

And two things they've nailed is A, again, everything consumer is happening there right now and B,

they're nailing a lot of the microstructure required to build low latency on chain order books and become the home for a lot of spot trading.

And on the other side of the spectrum, I expect to see like a very strong reversal in Ethereum sentiment.

I think we've already begun that with Genius Act, Clarity Act, improvement in REV and TVL, DAT bid, institutional bid.

I think everything is just going to go Ethereum's way this year in particular.

So

At a high level, that's kind of why I believe like Ethereum and Solana's duopoly, for lack of better words, could strengthen.

Yeah, it's a great question.

There are a number of factors that kind of play into this.

One of them you could argue is like the Solana Foundation, they are very different than the Ethereum Foundation.

They do take a much more hands-on role in onboarding institutions and supporting builders in a different facet, right?

So that kind of is one of the big reasons why it has such a flourishing ecosystem.

Beyond that, it really is,

They've just nailed it from like a culture perspective as well.

Like I was at Solana Breakpoint.

You go around, you have so many people vlogging, so many people creating YouTube videos, so many wacky new ideas.

It's also just a culture thing, especially because Pump Fun is on Solana as well, right?

So I think just a number of these factors kind of contribute to why they've crushed it.