Yesterday, the Solana-based meme token SILLY surged past $0.15, setting a new all-time high. Currently, the top ten SILLY holders (excluding CEX addresses) own 18.5% of the total supply. The highest floating profit among these addresses is 27,000 times, while the lowest is 0.7 times. The average floating profit is 30 times, and most of them were bought in the very early stages and held until now.

What was the "source" of the Meme Dragon in the early days? Who was spreading the Silly Dragon? On the road to becoming Solana's official meme, what did SILLY do right? BlockBeats will discuss all of this in the following text.

Memetic Dragon's "Origin"

Silly Dragon can be traced back to September 6th.

On that day, Anatoly and Solana co-founders posted a mysterious message on social media, consisting of only three dragon emojis and the words "Silly dragons". And so, "Silly dragons" quietly emerged in the Solana community, becoming their self-deprecating humor and symbol.

However, despite being full of interest, Shalong did not immediately cause a wave of enthusiasm. It was like the ancient proverb "hidden dragon, crouching tiger", silent and almost forgotten.

Until the annual Solana event - Solana Breakpoint Conference, this story was reborn. The founder of Solana transformed into the legendary silly dragon, injecting new vitality and meaning into this character, making it a highly viral meme that has energized the entire community.

Solana Annual Summit Easter Egg

Solana Breakpoint is the annual conference organized by the Solana Foundation for the Solana community. It is a grand celebration of the achievements of the Solana community and an inspirational exploration of the industry's future development.

From October 30th to November 3rd, the third Solana Breakpoint was held in Amsterdam. The event brought together 3,000 Solana developers, validators, founders, core engineers, and ecosystem teams to discuss the latest developments and future roadmaps. The conference focused on substantive technological advancements and elastic topics defining the next generation of blockchain networks.

The projects mentioned in this summit, such as SIMD (Solana Improvement Documentation), Helium, and Helius, have all performed well, especially Helium, which achieved a 110% intraday increase in the value of its token MOBILE on December 14th, thanks to its narrative DePIN. It was the top-performing token in the DePIN track that day. In addition to sharing and introducing various projects, Anatoly Yakovenko, co-founder of Solana, caused a stir with his appearance.

On the opening day of the summit, which happened to be Halloween in the West, Anatoly appeared in a unique and eye-catching green dinosaur costume, becoming the most distinctive and attention-grabbing presence at the summit.

Anatoly stood in front of the crowd and introduced himself, saying, "I'm Anatoly, and I'm a silly dragon." After saying this, Anatoly smiled sheepishly, and the entire audience was amused.

The motto of the Solana community is "Do the hard things first", and Anatoly's attire and words are not only a form of self-deprecation, but also a philosophy. He explained, "I'm standing here in a dragon suit, and it's crucial for us to discuss what we're building and why we're building it. We need to know what our goals are and what we want to achieve."

After the summit, the Silly Dragon image also appeared in the Solana community. On November 8th, Anatoly posted on social media platform "year of the silly dragon", injecting fresh and playful energy into Solana's narrative. As 2024 approaches, this phrase also coincides with the upcoming Year of the Dragon, making this narrative more popular in the domestic community. People are looking forward to the narratives and innovations that may revolve around this foolish dragon.

After

, Anatoly followed SILLY's official Twitter account and loudly called for "urgent need for silly dragon memes". This move not only caused the value of SILLY coin to rise all the way, but also became a good story. Now it seems that Anatoly's appearance in a silly dragon costume at the summit was not only a humorous self-expression, but also a cleverly arranged Easter egg.

Who is spreading the silly dragon?

On November 9th, Matty Taylor, a Solana builder, followed in Anatoly's footsteps and made a thought-provoking statement on social media: "Don't take yourself too seriously, we all have a silly dragon in our hearts." This researcher, who wrote a Bitcoin economics paper during his undergraduate years and is deeply fascinated by cryptocurrency research, is now focused on the growth and expansion of Solana. His words have resonated within the community.

As a Solana NFT expert and Managing Partner at Frictionless Capital, Legend (@SolanaLegend) has a deep affection for Solana. Legend was initially a big fan of the Ethereum ecosystem until he realized the issue with Ethereum's high gas fees. Fortunately, his friend's venture capital firm participated in Solana's seed investment and after seeing Solana's performance data, Legend was immediately drawn to it.

On November 16th, Legend posted a concise tweet on social media: "This is the silly dragon season." Below the tweet, community members expressed their desire for a "Silly dragon token" to appear.

On November 18th, LacedUp (@HODLonBRO), an ambassador for Solflare, a Solana wallet, also expressed his opinion: "I'm glad to be working for Solana." The phrase "What a silly dragon" has also become a common meme in the Solana community, used to praise and self-deprecate developers' persistence in building Solana's "silly" ecosystem.

Solana's community members shared the first dragon meme, an illustration named Drako, "When I was still fantasizing about the possibility of dragons existing, a silly dragon came and bewitched me."

On December 8th, Yaoyao (@ynonestop), who is responsible for Solana's growth, combined the words "silly" and "Solana" into "Soylano" and posted that "2024 is the Year of the Dragon in China, which will be the year of the silly dragon (Soylano) in the crypto industry."

It is worth mentioning that the narrative of Long Culture is not a unique innovation of Solana. In fact, as early as March of this year, there was LONG inscription representing small-scale Western dragons in the Bitcoin ecosystem, as well as DRAG and DADA inscriptions representing Eastern dragons launched in April. The community even jokingly referred to this as the "battle of Eastern and Western dragons," all of which demonstrate the modern interpretation of ancient legends in the cryptocurrency culture.

And in the Solana community, the popularity and spread of the Silly Dragon meme comes at just the right time. As the Year of the Dragon approaches, this image has not only sparked celebrations for the occasion, but also brought unprecedented attention and liquidity to Solana. In the cryptocurrency market, a meme with founder characteristics can often ignite a frenzy and even trigger a short-term Fomo effect.

For example, Meme coins with the theme of Vitalik's cat Hemule, such as ZKS, STARK, and SCROLL, once topped the trading popularity list on Dexscreen. Bear, the dog of Avalanche co-founder Kevin Sekniqi, also became another popular Meme. Even the Metis ecosystem has launched a meme coin named VMUM after "Vitalik's mother", and even her cat Barsik has become part of the meme.

The Solana community clearly drew inspiration from these phenomena. Following Anatoly's Halloween image and the "Silly Dragon" avatar, the community cleverly combined ancient dragon culture with the modern digital world, creating a unique and fascinating story. This is not only a modern interpretation of ancient legends, but also an interesting exploration of how the digital world can integrate with traditional culture.

The Solana community needs a meme that can represent its spirit and culture, and the birth of Shlong is just right. With the spread of Solana community and development builders, everything is going smoothly.

Become Solana's "official meme", what did SILLY do right

In internet culture, there is nothing more central than memes, as the market is basically memes, constantly driven by the most attention-grabbing narratives of the day, week, or year. The success of the Shlong meme not only relies on Solana's support and promotion of the Shlong culture, but also on the community's trust in Solana, which has propelled Solana to surpass Ethereum's seven-day DEX trading volume for the first time in history, a milestone event.

As described by BEN SPARANG, a member of the Solana Foundation, "This is a small step for humans, but a big step for Solana." This not only affirms the technological achievements of the Solana community, but also symbolizes the legitimacy of Solana's meme culture and spiritual totem, which will play a huge role in promoting community unity.

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