Solana Questions Defining the Rest of 2024

The Solana ecosystem is a hotbed of activity and there are a number of key questions to keep in mind as we move into the second half of 2024.

Is Pump.fun Running Out of Steam?

While it’s true that pump.fun’s revenue has declined, it’s still bringing in a significant amount of money. The platform’s success should not be underestimated.

What’s the SEC’s Stance on Solana?

The SEC’s view on Solana could have a big impact on the future of the ecosystem. The recent withdrawal of SOL ETF applications from the Cboe exchange is a sign that the SEC is serious about its stance on SOL being a security. However, it remains to be seen whether the SEC will change its stance in the coming months.

Who Will Win the Solana Restaking Race?

Jito and Solayer are currently the top contenders in the Solana restaking space. Both platforms offer a way for users to earn rewards by staking their SOL tokens. It will be interesting to see which platform emerges as the dominant player.

Will Firedancer Go to Mainnet?

Firedancer is a new Solana client that is being developed by Jump Crypto. It is expected to be more performant than the current clients. Firedancer’s release could be a major event for the Solana ecosystem.

How Will Solana DAOs Work?

Many Solana projects have large treasuries that they need to figure out how to use. Some are exploring the use of DAOs, but it remains to be seen whether Solana will be able to create a new and improved version of DAOs.

What’s Solana’s Next Narrative?

After the success of memecoins, Solana needs to find a new narrative to attract investors and developers. The Solana Breakpoint conference could be a key event for the ecosystem.

Solana is a fast-moving ecosystem with a lot of potential. These are just some of the questions that will be answered in the coming months.