Interestingly, BSC is somewhat replaying the development script of early Solana.
Back then, why did SOL attract so many people? Cheap, fast, and the ecosystem was still in its nascent stage full of imagination. Users, developers, and capital were rushing in, all trying to secure a spot. Various experimental projects emerged in the ecosystem, with low success rates, but someone always made money, which was enough to attract the next wave of participants.
Isn't BSC like that now? Low transaction fees, fast network speed, and all kinds of new projects and new gameplay are growing wildly on it. From DeFi to NFTs to various applications, everything is being tried. Both newcomers and veterans are pouring in, making the ecosystem highly active.
Of course, history repeats itself, but not in a simple way. What does the story of early SOL tell us? Focus on truly viable public chains, but also be aware that risks are always present.