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Recently, several new trading mining projects have emerged in the Solana ecosystem, targeting the combination of DeFi + Meme models. These projects mainly feature trading mining mechanisms and plan to issue ecosystem tokens, aiming to attract users by reducing transaction fees. From the current market perspective, fee structure design has indeed become a key competitive point for these projects to attract users.
Interestingly, this wave of new projects reflects a larger issue: the competition between the Solana and BNB blockchains in the Meme coin track. Due to its fast confirmation times and low fees, Solana has established a strong recognition within Meme coin culture, creating a unique community buzz. While BNB Chain has the advantages of centralization and a mature DeFi ecosystem, in terms of being "grounded" with Meme coins, it still seems to be overshadowed by Solana.
Based on actual data, the trading activity and the speed of new Meme coin projects on the Solana chain are indeed faster, providing more growth opportunities for new projects within the ecosystem. However, whether this advantage can be sustained remains to be seen as the overall market cycle evolves.