#BREAKING A Whale Shorting $SOL 20x is Gradually Closing Its Position, with an Overall Short Position Unrealized Gain of Over $27.7 Million #Bitcoin $BTC

#跨链基础设施与互操作 Recently, I’ve noticed that banks, exchanges, and payment protocols are all intensively advancing cross-chain infrastructure, and I want to share some thoughts with everyone. JPMorgan completed a $50 million commercial paper settlement on Solana, Coinbase chose Chainlink CCIP as the interoperability solution for $7 billion in assets. These may seem like technological progress, but fundamentally they reflect traditional financial institutions gradually validating the feasibility of on-chain settlement. This process is very pragmatic; they are not risking all their chips at once but are accumulating experience through small-scale pilots. What I want to say is that interoperability is indeed a major trend, but for holders, there’s no need to rush into increasing exposure just because of technological advancements. The more cross-chain solutions there are, the greater the choice, but risks also diversify—each new chain, each new bridge, means new security considerations. Instead of chasing the latest protocols and asset types, it’s better to focus on the following points: First, review your own position distribution. Multi-chain deployment requires clearer configuration logic; don’t let the convenience of interoperability turn into blind dispersion. Second, pay attention to the historical performance and audit status of infrastructure solutions; innovative technology does not necessarily mean lower risk. Third, leave enough liquidity buffers for yourself to ensure ample room for trial and error before engaging in large-scale cross-chain operations. In the long run, the improvement of these infrastructures is a good thing. But what’s most important right now is to ensure your asset management system keeps pace, rather than being driven by the rhythm.

As a steadfast #Solana Holder and investor, I find the ConnectorKit recently released by the SOL Foundation quite interesting. Although it’s not a major upgrade, its focus on the mobile side’s future development is very crucial, especially in areas like social, gaming, and payments. User growth in these sectors is expected to be the first to take off. What practical problems does it actually solve? Enabling #ETH developers to “seamlessly switch” to #Solana Previously, many teams building Ethereum DApps used web3.js or Ethers.js to handle wallet connections. But Solana’s toolchain (like solana/web3.js) differs greatly from Ethereum’s, making the switch time-consuming and labor-intensive. Now, ConnectorKit integrates an interface design similar to web3.js, such as methods like “connect(” and “signMessage),” which are used in a similar way. This means that protocols like Uniswap and Aave, if they want to deploy their products on Solana someday, won’t need to rewrite wallet logic from scratch and can go live quickly. This could lead to more high-quality projects entering the Solana ecosystem faster, bringing genuine activity. Deep integration of Solana mobile suite Kit Everyone knows Solana has a phone called Saga, backed by their Solana Mobile Stack, which includes a development toolkit called Kit, designed to help developers directly integrate on-chain functions into Android apps. ConnectorKit natively supports Kit, which is impressive. DApps no longer need users to jump to external wallets like Phantom. For example, when apps like Stepapp (fitness + Web3) or Kamino (lending protocol) launch mobile versions, users can log in, sign, and transact directly within the app, providing a smooth experience similar to regular apps. This significantly elevates the mobile app user experience and lowers the entry barrier for Web2 users. Support for Passkeys and Kora: Making Web2 users easy to onboard Most wallets still require users to memorize seed phrases, which is a nightmare for beginners. But ConnectorKit natively supports Passkeys (login via fingerprint, face recognition, or Google account) and Kora (Solana’s official embedded wallet solution). Imagine this: you play a Solana game, like @staratlas, and just click “Log in with Google,” the system automatically creates a wallet for you. You can then play the game, buy gear, without needing to understand “private keys” or “seed phrases.” Isn’t this the most familiar process for Web2 users? Once this is running smoothly, user growth could explode exponentially. From the upgrades promoted by the Solana Foundation, it’s clear they have moved beyond traditional performance and stability improvements—since their network is already incredibly strong—to focusing on user experience. They are adopting a user-centric approach to infrastructure upgrades for large-scale expansion. This is a classic American-style innovation. We are very optimistic about this direction: they first build the highway, establish the rules and regulations, and naturally, the ecosystem and users will come. In summary, this upgrade truly addresses several major pain points in Web3 experience: 1. Wallet “invisibility”: Wallet functions are embedded like building blocks into their products, allowing ordinary users to seamlessly experience Web3. 2. ConnectorKit standardizes access, reducing the chaos of multiple wallet integrations and avoiding security vulnerabilities. 3. Focus on mobile users, especially in emerging markets—many people worldwide don’t have computers, but almost everyone has a smartphone. Particularly in Southeast Asia and Latin America, users are tired of “registering accounts + passwords,” let alone managing seed phrases. Using Passkeys + native mobile integration to enable “one-tap play” will greatly increase Solana’s market penetration. While everyone is competing on TPS and decentralization, Solana is competing on user experience. After all, no matter how fast a chain is, it’s useless if no one uses it. I believe that in the future, Solana will continue to lead in scenes like DeFi, RWA, GameFi, and SocialFi that target ordinary users.