My perspective is the complete opposite. I think @solana's strengths lie in capital efficiency and high load capacity. New platforms like pump, gmgn, and fomo can all serve as new entry points for Solana. As for the lack of exchanges on the exit side, that's not an issue. By the time on-chain activity reaches a point where it solely relies on CEX as an exit, the party is usually already nearing its end. The key point is that this round's capital amplifier comes from new super entry points like fomo, pump, and Robinhood Wallet. Of course, CEX is also an entry point, but only if the CEX has the ability to foster and siphon off the on-chain ecosystem narrative. Unfortunately, Base and BSC have already proven over an entire cycle that they lack this capability. The birth, fermentation, and surge of every new narrative always happen on-chain. Still bullish on SOL's explosive potential!