Solana co-founder toly noted that the industry needs a stablecoin that can only be frozen under a court order, opposing other freeze factors. He suggested that the protocol issue a stablecoin with custom freeze strategies on the base layer and strengthen security measures. This view stems from a recent response by Circle to the Drift protocol hack incident, sparking discussions about centralized stablecoins.

Solana co-founder Toly recently changed his profile picture on X, adding laser eyes and a backpack element, sparking community speculation that a token generation event is imminent. Previously, his profile picture change was also close to the Moonbird project's TGE timing.

Odaily Planet Daily reports that Toly posted on the X platform stating that the October 11 crash might trigger an 18-month bear market, and this period could be an opportunity for us to focus on building (cryptocurrency) products with these disruptive new tools. Earlier today, CZ unfollowed Solana co-founder Toly's X account.

Odaily Planet Daily reports that Solana co-founder toly stated that if this model proves effective, he believes the optimal strategies for early-stage startups in capital formation may include three points: first, providing a staking mechanism for long-term holders; second, releasing more than 20% of the tokens on TGE day; third, it is best not to introduce investors, and if investors are involved, then fully unlocking 100% of the tokens on the same day one year after TGE. He mentioned that the remaining outcomes will depend on product-market fit (PMF).

Solana Labs co-founder Toly stated that if the SKR price is at an early low level, it will allow developers to enjoy early dividends and create a natural filter for long-term believers. He pointed out that a rapid short-term increase in tokens may cause concern, and truly thriving ecosystems usually take ten years to develop.

Solana Labs co-founder Toly responds to Vitalik Buterin's view that "Ethereum needs to break free from testing," stating that Solana needs continuous iteration, relies on developer and user needs, and emphasizes that real-world issues are the primary goal of protocol changes.

Foresight News reports that Solana co-founder toly tweeted, "Protocols should actually store funds for future buybacks. This will force all unlocked tokens to trade at the expected price after the buyback."

Solana founder Toly emphasized on the X platform that a long-term capital structure is more important than buybacks and suggested that staking mechanisms be used to give long-term holders more rights. At the same time, he pointed out that rights are linked to the protocol's future profits, preventing the risk of short-selling arbitrage.

Foresight News reported that Cardano SPO Dave tweeted, "You know I don't like Solana, but I support interoperability. Solana should consider this proposal (bringing SOL into ADA), skipping the step of transferring through Base." Solana co-founder Toly replied, "Let's do it," Cardano founder Charles.

Trends.Fun launched an event on the X platform, encouraging users to describe their relationship with 2025 and Solana using two words. Solana represents "Capital Markets," the founder's keyword is "cooking," and Multicoin's partner chose "Outperforming Cefi." Participants can enter a lottery to win $12,000 worth of Solara tokens.