The Solana ecosystem undergoes a major adjustment. The perpetual contract platform Trove officially announced that it will abandon its original Hyperliquid infrastructure and fully transition to building its own DEX on the Solana chain. This strategic shift has triggered a fierce market reaction—TROVE tokens plummeted over 97% within just 10 minutes after the token issuance was completed, and the project's market value rapidly shrank.

Regarding this "collapse," the Trove team did not choose to avoid it. They stated that they have properly retained the funding to promote subsequent development of new projects. At the same time, the team also admitted that in the future, they need to regain the trust of investors and the community through a series of practical actions and results.

This incident once again reminds the market that although the Solana ecosystem continues to attract increasing interest, the risks and uncertainties faced by new projects are also significant. Whether they can truly deliver on their promises is key to the long-term survival of the project.