1 month ago
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Key Takeaways
- Lily Liu cites 5.5 billion internet users as tokenization’s addressable market.
- SpaceX prices IPO at $135 per share, valued near $1.75 trillion.
- SOL trades at $67.21, roughly 33% below its 200-day average of $100.43.
Solana Foundation President Lily Liu argued on CNBC on Wednesday that crypto’s defining feature is not price but availability: financial infrastructure open 24/7 to anyone with an internet connection, a population she puts at 5.5 billion people. The argument landed at an awkward moment for Solana’s own token, which trades at $67.21, roughly 33% below its 200-day average, while testing broken support at $68 from underneath.
The Infrastructure Argument
Liu’s core distinction separates crypto’s two functions. “Crypto is not only a ticker or an asset class,” she said, drawing a line between tokens that behave like digital gold and networks built to make finance accessible to everybody. Traditional market access is...
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