Lily Liu stresses Solana’s $5 billion lending market trails Ethereum and TradFi, urging crypto teams to prioritize expansion over migration tool disputes.
Solana Foundation President Lily Liu reiterated that Solana’s $5 billion lending market is only one-tenth the size of Ethereum’s and far behind traditional finance markets worth trillions. Addressing disputes over migration tools and risk claims between Kamino and Jupiter, Liu called on lending protocol teams to concentrate on increasing market share rather than engaging in conflicts.