Solana Foundation’s Liu urges refocus on finance as crypto slides and narratives narrow
Blockchains should refocus on their original purpose: finance, Solana Foundation President Lily Liu wrote on X Thursday, rejecting years of narratives that attempted to frame the technology as a generalized replacement for the modern internet.
“Blockchains have always been and always will be tech for finance,” Liu wrote, describing financialization and open capital markets as the sector’s core value proposition.
Liu, who will be speaking at Consensus Hong Kong next week, was particularly dismissive of past efforts to push blockchains into gaming and broad “web3” consumer narratives, calling them intellectually lazy and overly reliant on marketing rather than genuine market creation. She criticized the idea that simply placing…
