Sharing some thoughts since October about BSC launches and revisiting SOL in stages. BSC relies heavily on narratives driven by its founder and Binance's official Twitter, with most players being Chinese. This makes it a chain that's super suitable for news-based trading. The narratives are easy for Chinese users to understand, and you can catch the bottom easily. The first phase of launches has an extremely high cost-performance ratio. For SOL, the decision-making is relatively decentralized, and pricing power is mostly in the hands of foreigners. Due to cultural differences between domestic and international communities, it's hard for Chinese users to catch international trending topics right away. By the time the narratives reach Chinese users, the hype has often already reached a certain height... Because of these complex factors, the most cost-effective strategy for SOL is to play the second phase. BSC: First-phase launches SOL: Second-phase narratives