Solana's Vision: Building a Global Internet Capital Market

Solana is committed to creating an internet-native Capital Market that allows anyone in the world with an internet connection to participate. The importance of this vision lies in its foundation for achieving "universal base ownership," enabling people to own various assets anytime and anywhere, including global companies, real estate, commodities, and even cultural expressions.

Currently, only about 15% of the global population can participate in the American Capital Market, while other countries' capital markets often face issues such as insufficient liquidity, high entry barriers, and low settlement efficiency. In contrast, the accessibility and liquidity of the cryptocurrency market are higher, even surpassing the trading volumes of NASDAQ and the New York Stock Exchange during peak periods. This presents an opportunity to build the best capital market on the internet.

In the future, the company will go public directly on the internet, targeting over one billion investors holding private keys. This is not limited to stocks but includes all valuable asset classes, cultures, and ideas.

F.A.T. Principle: Promote the development of the Solana ecosystem

To accelerate the realization of this vision, Solana adopts the F.A.T. principle, which focuses on Founders, Applications, and Tokenization.

Founder: Nurturing Innovative Entrepreneurs

The Solana ecosystem provides comprehensive support for founders, enabling them to grow rapidly. For example, a company founded by a pair of entrepreneurs from Canada is valued at $445 million, a UK team achieved $155 million in fee revenue within 8 months, and a company headquartered in Vietnam is expected to reach 24 million users by 2024.

This entrepreneurial flywheel benefits from comprehensive support from the ecosystem, including hackathons, accelerator programs, and community-led infrastructure development.

Application: Focus on User Needs

The Solana ecosystem prioritizes products that users truly need. In October 2024, application revenue reached $73 million, a year-on-year increase of 185 times. 74% of the funds within the ecosystem flowed into applications, reflecting the founders' trend of closely following user demands.

Solana believes that the main indicator of a protocol's long-term success is chain GDP (revenue generated by applications), rather than Total Value Locked (TVL). When the revenue generated by applications exceeds that of the underlying layer, it indicates that the protocol layer has achieved product-market fit.

Tokenization: Building an Internet Asset Issuance Platform

Solana is committed to becoming the best platform for the issuance of internet assets. In the past 6 months, Solana has witnessed the issuance of 2.6 million tokens, accounting for 78% of the total on all public chains. In addition to the well-known Meme tokens, it has also seen growth in various asset types including treasury balances, stablecoins, physical assets, and digital collectibles.

With the increase in adoption rates, the improvement of tools, and regulatory follow-ups, the process of tokenization will be further accelerated, ultimately forming a globally accessible ledger where all assets will be tokenized.

Continuously optimize infrastructure

Although Solana emphasizes development at the application layer, it still values the continuous optimization of infrastructure. The team focused on the core protocol is working tirelessly to enhance performance and optimize user experience by pushing the limits of hardware and software to improve Solana's performance and capacity at the base layer.

Conclusion

The core values of the Solana ecosystem are a principled yet pragmatic product culture that continuously makes tough trade-offs, launching and iterating products in the real world to find product-market fit. This culture attracts practitioners, not just theorists.

As the ecosystem continues to grow, Solana will maintain this culture of adaptability, rather than becoming dogmatic or complacent due to temporary success. In the future, the Solana Foundation's marketing efforts will support these core pillars through various events and content, celebrating outstanding founders, applications, and tokenization projects, while continuing to enhance Solana's speed and performance.