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harris wang
@lumos-why
RFC failed to get listed on Binance at its peak, confirming that Solana’s listing channel has been shut down. It’s evident that Binance is leveraging its dominance as the world’s top exchange to aggressively promote BNB while suppressing other chains. This creates an unfavorable environment for both institutional players and retail investors on Solana. In the era of on-chain VC dominance, VCs must now rethink liquidity exit strategies — if centralized exchange listings are blocked, they’ll have to dump tokens directly onto retail investors through on-chain mechanisms. Consequently, Solana will struggle to cultivate legendary projects, and its growth ceiling will face sustained compression.
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