Yetta把sol和bsc讲明白了，花点时间去看一下吧。

权力结构一直是我和 @DoveyWanCN  特别爱聊的话题。很多下游的生态形态、竞争方式，甚至价值观，本质上都不是“选择”，而是由上层权力结构自然推演出来的结果。这次连续参加 BBW 和 Breakpoint，近距离看到两种生态的差异，对这一点的体感更强了。
BN 和 Solana

YettaS

Twitter

Yetta explained SOL and BSC clearly; take some time to take a look.

In the crypto world, what truly determines victory is never code, but the interplay between liquidity, power, and regulation. The rise and fall of BUSD is not merely a tragic tale of a stablecoin, but a financial war waged by exchanges attempting to "unify the world."

When BUSD was thrust onto the historical stage, it carried not only a compliance narrative, but also Binance's ambition to reshape the stablecoin order through coercive measures—by manipulating exchange rates and merging trading pairs, directly swallowing competitors' liquidity into its own ledger.

The "automatic conversion" of 2022 was a textbook example of a blitzkrieg; and 2023...

The Rise and Fall of Binance's Dominance: From BUSD's "Unification" to $U's "Conquering the World"—The Stablecoin Wars

Source: Galaxy Research; Translation: Jinse Finance xz
Bitcoin's closing price in 2025 is expected to be roughly the same as the level at the beginning of the year.
The cryptocurrency market experienced a genuine bullish wave in the first ten months of this year. Regulatory reforms continued to advance, ETFs continued to attract funds, and on-chain activity became increasingly active. Bitcoin hit an all-time high of $126,080 on October 6th.
However, the market failed to deliver the expected breakthrough after the initial frenzy; instead, it experienced rotation, repricing, and rebalancing. This was driven by factors such as unmet macroeconomic expectations, a shift in investment narratives, leveraged margin calls, and massive...

Galaxy: 26 Predictions for the Crypto Market in 2026

If you persevere and find your strengths, you will be rewarded.
Article author: 0xJeff
Article source: TechFlow TechFlow
2025 was filled with unprecedented turmoil and change. We welcomed a US president who was reportedly a supporter of cryptocurrencies and artificial intelligence. However, instead of the expected bull market, 2025 became a year of "massacre" for the entire industry.
Most Altcoin experienced a crash of 80%-99% in 2025.
Bitcoin's market capitalization share has returned to 2019-2020 levels (over 6...).

7 Crypto Trends and Lessons You Must Know in 2026

这么看来，eth也是bsc的权力结构，但又没bsc的组织能力和cex流动性出口🤡

From this perspective, ETH also has the power structure of the BSC, but it lacks the organizational capabilities of the BSC and the liquidity outlet of the CEX. 🤡