TechFlow news, DeFi analyst Ignas stated that Solana is facing a critical turning point, as its transition from a monolithic blockchain to a modular architecture has sparked widespread discussion in the industry. Ignas noted that this shift could impact Solana's positioning within the cryptocurrency community, with the key being whether the concept of "network scaling" gains acceptance. During this bull market, $ETH sits between $BTC and $SOL.
He believes that if Solana adopts a Layer 2 scaling model similar to Ethereum, SOL could become the new ETH. However, this depends on how the new architecture affects the real-world performance of the Solana ecosystem.
Ignas warned that if Solana faces issues such as liquidity fragmentation, its status could become uncertain. Moreover, speculators might shift focus toward "network scaling" tokens within the Solana ecosystem rather than SOL itself, which could hinder SOL's price growth.
