The way BSC plays at this stage has completely changed, and the previous BSC-Binance Alpha strong correlation logic is gone Since that batch of BSC native memes around 3-4 months, there has never been a successful Binance spot on Binance simply because of the BSC ecosystem. Sure enough, CZ is firmly realising his vision that BSC must be decoupled from Binance's listing expectations But the problem is that in the current version, Binance listing can still be said to be the only two factors (the other being CB+ Korean) that can change the valuation ceiling of the project's TGE, so no matter what BSC does, the final assessment of the ecology is still on Binance spot But as @youyou5202 said, what really needs to be focused on is BSC's style of play, "What has become?" It is difficult for Chinese projects to raise funds, and ghost projects cannot be listed. Each exchange listing is responsible for the results, and the most critical tenet is "independent and controllable" and "using trustworthy people". Lengthening the review of assets before listing, uniting and screening "trustworthy people" has become the specific way to achieve the above purposes And the specific executor of this strategy has changed from Ersheng to BSC "Foundation" IYKYK

True, but for Solana I think their problem is those who the newer mission-driven builders are way too naive and misfocused on Solana circle only - Launchcoin/Bonk kinda launchpads to be exact They don't really understand what keeps ponzis afloat is the capability to continuously "raise" from outsiders - which is CEXs excel the most When the lowest hanging fruit aka. DeFis are reaped, these founders will find it extremely hard to build any meaningful and sustainable PMFs, and if they keep getting rejected by Binance or other top tier CEXs, the entire momentum of Solana will be disrupted Both Solana and Binance need founders with builder's and cabal's mindset at the same time