Bonk Guy: Turning Bullish on Solana as It Begins Actively Supporting On-Chain Communities

BlockBeats News, September 9 — Renowned trader Bonk Guy stated that his stance on Solana and its related ecosystem is gradually shifting from bearish to bullish. Previously, he believed that Robinhood Chain and BNB Chain might outperform Solana in this cycle, and he had written an analysis on this topic, though it has not yet been publicly released.

The shift in attitude primarily stems from Solana's recent renewed focus on the on-chain Meme trading community, proactive outreach from key figures, and the official account and co-founder Toly beginning to publicly follow ecosystem projects such as STONK and USELESS. He believes this reflects Solana's more active support for projects and communities that can drive ecosystem growth.

He emphasized that what he has questioned has never been Solana's technology or infrastructure, but rather the ecosystem culture and the impact of certain rent-seekers on users. Given recent developments, he has already shared his original bearish analysis with the Solana team and stated that if it is made public later, he will supplement it with more of Solana's perspective and background.