Days after @solana's biggest-ever consensus upgrade went live, Anza CEO Brennan Watt says the chain's real moat is usage, and new chains will struggle to catch it: "When you look at Solana's moat, I think the moat is really usage. People know, developers know that when they launch on Solana, they're launching into an existing user base that is excited to try new products with low friction because my assets are already sitting here. All I need to do is connect my wallet and away I go. I don't have much friction... And so you have that in a box on Solana, which is pretty cool. It's really hard to launch a new chain and get enough breakaway momentum to do stuff." — @bw_solana, CEO of @anza_xyz, with @IOV_OWL on @Genfinity

Everything is a token. "We've basically discovered all the possible use cases for tokens over the last 10 years. So all the things that work for crypto and all the things that work for meme coins will work for equities, work for other things that are permissionless. And we don't have to rebuild that. We're not starting from scratch. That infrastructure is battle-tested over many years. And so when there's a new thing that emerges, it just plugs in to this entire stack that exists... So I like that framing 'everything is a token' because it kind of gives us a sense of familiarity with what we already know and just allows us to apply that mental model to... an asset class, or multiple asset classes, with tons of latent value still to come." — @vibhu, Chief Product Officer at the @SolanaFndn, on @therollupco with @robbieklages