Solana's Economic Security: Fact or Fiction?

By
Alessio Bianchi
1 min read
⚠️ Heads up: this article is from our "experimental era" — a beautiful mess of enthusiasm ✨, caffeine ☕, and user-submitted chaos 🤹. We kept it because it’s part of our journey 🛤️ (and hey, everyone has awkward teenage years 😅).

Solana's (SOL) staking ecosystem has reached a value of $70 billion, prompting comparisons with Ethereum (ETH). However, concerns arise about the actual economic security, as a significant portion of the staked SOL is controlled by the foundation and VC firms, and the daily $20 million inflation affects the supply. Despite this, Solana's founder Anatoly Yakovenko questions the concept of economic security, echoing the mantra 'Not your keys, not your economic security.' While the numbers may suggest a close competition with Ethereum, the underlying dynamics raise doubts about the true economic stability of Solana's ecosystem.

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