$SOL Two giants publicly "infight", Jupiter and Kamino turn against each other!
Crypto friends, the Solana ecosystem is fighting internally! Over the weekend, the two leading on-chain lending platforms, Jupiter and Kamino, suddenly fell out publicly. The specific reasons haven't been clarified yet, but the atmosphere is already quite tense, and even the Solana Foundation has stepped in to mediate. There’s a joke online that says: "Stop arguing, or Ethereum will benefit from it!"
In my opinion, internal strife in the ecosystem is definitely a bearish signal in the short term. This not only consumes development resources and community attention but may also trigger concerns among users and investors regarding Solana's stability. You can see that Kamino's TVL data is already declining. In the short term, the volatility of SOL and ecosystem tokens is likely to increase, and it may even cause funds to temporarily flow towards Ethereum and other public chains.
The viewpoint of the God of Wealth is that competition is good, but we must be wary of vicious internal consumption. The reminder for retail investors is very simple:
Don’t rush in to buy the dip; let the bullets fly for a while and see how the situation develops;
If you hold SOL or related ecosystem tokens, pay attention to position management, as short-term volatility may intensify;
You can observe whether other competing public chain ecosystems will take the opportunity to attract funds and attention.
In short, when gods fight, mortals should first stay away. Be patient and wait for the situation to become clear before making plans.
Crypto friends, the wealth train is honking and ready to depart. Will you keep up or watch it fade away? 关注瑞神, participate in each of the God of Wealth's attacks! The God of Wealth will announce the specific entry time and real-time news every day in the chat room! #加密市场观察
