As a veteran who has navigated the cryptocurrency market for many years, I have experienced countless ups and downs in the market and witnessed the rise and fall of many projects. These experiences have given me unique insights into the cryptocurrency market. Today, I would like to share my in-depth analysis of the investment value of Solana (SOL).

With the dual benefits of the approval of the SOL ETF in October and technical upgrades, we may soon迎来 a market opportunity that should not be missed. For long-term holders, this is undoubtedly an important moment worth paying attention to.

From a fundamental perspective, the development of SOL is primarily driven by two engines: decentralized finance (DeFi) and real-world assets (RWA).

In the DeFi sector, the performance of SOL can be described as explosive. Currently, it has firmly secured the second position after Ethereum. Taking August as an example, the DeFi locked value in the SOL ecosystem has significantly increased, almost reaching historical highs, with a 30% increase compared to the second quarter. This growth trend reflects investors' strong confidence in the long-term value of the SOL ecosystem.

In terms of stablecoins, the SOL ecosystem has also demonstrated strong capabilities. USDC accounts for about 70% of the market share, becoming the dominant force among stablecoins on the SOL chain. Even more notably, the well-known payment giant PayPal's stablecoin PYUSD has also chosen to issue on the SOL chain, which not only injects new vitality into SOL's payment ecosystem but also suggests that SOL may occupy an important position in the future of on-chain payments.

Another area worth noting is Real World Assets (RWA). Since the beginning of this year, SOL's development in the RWA sector has been remarkable. The rapid growth in this field not only expands the application scenarios for SOL but also brings new growth momentum to its ecosystem.

Overall, SOL's strong performance in the two important areas of DeFi and RWA has laid a solid foundation for its future development. With continuous upgrades in technology and ongoing improvements in the ecosystem, SOL is expected to occupy a more significant position in the cryptocurrency market. For those interested in investing in SOL, now may be a time worth serious consideration.