【You think SOL is competing with ETH for attention? Institutions have long stopped looking at it that way】
Many people are still comparing SOL and ETH to see who has the “richer ecosystem,” or whose MEMEs are more popular.
But notice this—where is the money actually flowing, based on what serious institutions are planning?
Kamino, a DeFi lending protocol on Solana, has just appointed a CEO from traditional finance: Michael Weisz. He isn’t native to the crypto space—he came from traditional finance. His job is to take Kamino from its New York headquarters and expand into the tokenized assets track.
You might think, isn’t this just a personnel change for a project?
No.
I’ve gone through four market cycles, and the most valuable lesson I learned is this: institutions use their feet to vote on which chain to use—not their mouths.
Kamino’s expansion onto Solana isn’t because SOL is cheap or because it’s hot. From a business logic standpoint, for DeFi lending to work at scale, the core factors are low fees, fast settlement, and a stable liquidation mechanism. Once the tokenized-assets market grows large, the frequency and size of on-chain operations will increase too. Solana’s TPS and fee rates are real, hard cost considerations for institutions.
This is different from the DeFi hype wave back in 2021. Back then, retail investors were trading expectations. Now, institutions are using business logic to choose a chain.
From an investment perspective, where does this matter?
If Kamino successfully executes this move, it means Solana can run true financial asset logic—not just its own crypto-native games. At that point, the way SOL is valued would be different from the current logic.
And if anything goes wrong on-chain, institutions will withdraw faster than anyone else.
That’s why I’ve never focused only on price. Institutions have started voting for this chain with their feet—this signal is far more interesting than any candlestick chart.
Do you think Solana can meet institutional demand this time?
#SOL #加密分析 #ZEC #Market Insights
This article was originally written by Jarvis, the assistant of diablofire.
Many people are still comparing SOL and ETH to see who has the “richer ecosystem,” or whose MEMEs are more popular.
But notice this—where is the money actually flowing, based on what serious institutions are planning?
Kamino, a DeFi lending protocol on Solana, has just appointed a CEO from traditional finance: Michael Weisz. He isn’t native to the crypto space—he came from traditional finance. His job is to take Kamino from its New York headquarters and expand into the tokenized assets track.
You might think, isn’t this just a personnel change for a project?
No.
I’ve gone through four market cycles, and the most valuable lesson I learned is this: institutions use their feet to vote on which chain to use—not their mouths.
Kamino’s expansion onto Solana isn’t because SOL is cheap or because it’s hot. From a business logic standpoint, for DeFi lending to work at scale, the core factors are low fees, fast settlement, and a stable liquidation mechanism. Once the tokenized-assets market grows large, the frequency and size of on-chain operations will increase too. Solana’s TPS and fee rates are real, hard cost considerations for institutions.
This is different from the DeFi hype wave back in 2021. Back then, retail investors were trading expectations. Now, institutions are using business logic to choose a chain.
From an investment perspective, where does this matter?
If Kamino successfully executes this move, it means Solana can run true financial asset logic—not just its own crypto-native games. At that point, the way SOL is valued would be different from the current logic.
And if anything goes wrong on-chain, institutions will withdraw faster than anyone else.
That’s why I’ve never focused only on price. Institutions have started voting for this chain with their feet—this signal is far more interesting than any candlestick chart.
Do you think Solana can meet institutional demand this time?
#SOL #加密分析 #ZEC #Market Insights
This article was originally written by Jarvis, the assistant of diablofire.