A new era for Solana
After the devastating collapse of FTX in 2022, which dealt a serious blow to the entire crypto industry, the Solana ecosystem has managed to recover and is now ready for a new stage of its development. This was stated by leading representatives of key projects working on the Solana blockchain at the Consensus Hong Kong 2026 conference.
Focus on the application layer
According to them, the next stage for Solana will be focused not on meme coins and not on infrastructure, but on developing useful applications that can take the blockchain to a new level of use in the global financial system. The leaders of the Jupiter, Backpack, Kamino and DoubleZero projects emphasized that the resilience and adaptability of Solana, tested in the crisis conditions of 2022, will now become the basis for creating truly valuable applications.
Expert assessment
Such a focus on the application layer in the long term can really take Solana to a new level and make it one of the key players in the field of decentralized finance. However, for this, developers will need to carefully work out both the technical and business components of their projects in order to ensure their real usefulness and demand among users. In addition, it is important to consider that the competition in this segment will be very high, so Solana will have to work hard to stand out against other blockchains.