Buy CryptoMarketsSpotFuturesGOLDEarnEvent Center
More
Gold vs Crypto
Lily Liu, president of the Solana Foundation, argued that the altcoin sector, which previously experienced massive hype, is now dead. Continue Reading: ControversialLily Liu, president of the Solana Foundation, argued that the altcoin sector, which previously experienced massive hype, is now dead. Continue Reading: Controversial

Controversial Statements from the Solana Foundation President: “These Altcoins Are Dead”

Author: Bitcoinsistemi
Source: Bitcoinsistemi
2026/03/21 03:52
2 min read
Hyperliquid
HYPE$39,43-1,27%
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

Lily Liu, President of the Solana Foundation, made noteworthy statements regarding the blockchain-based gaming industry.

“Gaming Altcoins Won’t Make a Comeback”

Liu stated in a social media post that “the gaming industry on blockchain will not make a comeback,” adding that the Web3 gaming narrative, which grew with great expectations in recent years, is weakening.

Liu’s comment came in response to news that tech giant Meta might be backtracking on its metaverse strategy. Meta has reportedly spent approximately $80 billion on metaverse projects to date, but has failed to achieve the expected user adoption. Liu alluded to this development, highlighting similar problems in the blockchain gaming field.

Related News: There Is a Significant Divergence in Stablecoin Liquidity in the Bitcoin Market—What Does This Mean?

According to Solana’s executive, the strongest use case for blockchain technology is not gaming, but finance. Liu stated that games based on the “play-to-earn” model and involving intensive token economies are overrated, but often fail to offer a fun and sustainable gaming experience.

Despite billions of dollars invested in both metaverse and Web3 gaming projects in recent years, these projects appear to be struggling to build a sustained and active user base. Liu’s assessments suggest that the industry’s focus is shifting back towards finance, liquidity, and more practical on-chain use cases.

*This is not investment advice.

Continue Reading: Controversial Statements from the Solana Foundation President: “These Altcoins Are Dead”

Market Opportunity
Hyperliquid Logo
Hyperliquid Price(HYPE)
$39,43
$39,43$39,43
-0,15%
USD
Hyperliquid (HYPE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Why The Green Bay Packers Must Take The Cleveland Browns Seriously — As Hard As That Might Be

Why The Green Bay Packers Must Take The Cleveland Browns Seriously — As Hard As That Might Be

The post Why The Green Bay Packers Must Take The Cleveland Browns Seriously — As Hard As That Might Be appeared on BitcoinEthereumNews.com. Jordan Love and the Green Bay Packers are off to a 2-0 start. Getty Images The Green Bay Packers are, once again, one of the NFL’s better teams. The Cleveland Browns are, once again, one of the league’s doormats. It’s why unbeaten Green Bay (2-0) is a 8-point favorite at winless Cleveland (0-2) Sunday according to betmgm.com. The money line is also Green Bay -500. Most expect this to be a Packers’ rout, and it very well could be. But Green Bay knows taking anyone in this league for granted can prove costly. “I think if you look at their roster, the paper, who they have on that team, what they can do, they got a lot of talent and things can turn around quickly for them,” Packers safety Xavier McKinney said. “We just got to kind of keep that in mind and know we not just walking into something and they just going to lay down. That’s not what they going to do.” The Browns certainly haven’t laid down on defense. Far from. Cleveland is allowing an NFL-best 191.5 yards per game. The Browns gave up 141 yards to Cincinnati in Week 1, including just seven in the second half, but still lost, 17-16. Cleveland has given up an NFL-best 45.5 rushing yards per game and just 2.1 rushing yards per attempt. “The biggest thing is our defensive line is much, much improved over last year and I think we’ve got back to our personality,” defensive coordinator Jim Schwartz said recently. “When we play our best, our D-line leads us there as our engine.” The Browns rank third in the league in passing defense, allowing just 146.0 yards per game. Cleveland has also gone 30 straight games without allowing a 300-yard passer, the longest active streak in the NFL.…
Share
BitcoinEthereumNews2025/09/18 00:41
Metaplanet raises $1.4B to fuel BTC purchases and U.S. subsidiary launch

Metaplanet raises $1.4B to fuel BTC purchases and U.S. subsidiary launch

Metaplanet Inc. has formalized the subsidiary in Miami, Florida, naming it Metaplanet Income Corp.
Share
Cryptopolitan2025/09/17 23:34
Trump-Backed American Bitcoin Accumulates $450M BTC, Enters Top 20 Treasury Holders

Trump-Backed American Bitcoin Accumulates $450M BTC, Enters Top 20 Treasury Holders

American Bitcoin, the Trump family-backed mining venture, is rapidly emerging as a significant player in the Bitcoin ecosystem, now holding approximately $450 million
Share
Bitcoinist2026/03/21 06:00