Lightspeed Solana's Next Big Catalyst In 2026
9 snips
Dec 4, 2025 Ryan Connor, a researcher at Blockworks, shares insights on macro cryptocurrency trends, while Carlos, known for his Solana commentary, dives into market microstructure. They discuss Solana's recent momentum and the impact of prop AMMs displacing traditional models. The conversation explores the vision of Solana as a decentralized capital market, the potential for tokenized stocks, and the importance of transparency in the evolving DeFi landscape. Key themes for 2026 include deepening liquidity and innovative equity perps, setting the stage for Solana's bright future.
AI Snips
Chapters
Transcript
Episode notes
Solana's Enduring Leadership
- Solana remains the dominant chain with deep talent and consumer experimentation despite mixed price action in 2025.
- The ecosystem shows sustained innovation, especially in prop AMMs and market microstructure.
Prop AMMs Reshape Market Structure
- Prop AMMs now dominate Solana trading and capture most volume for highly liquid assets.
- Traditional AMMs will likely handle long-tail, lower-liquidity assets while prop AMMs handle the rest.
Lafinity's Shutdown Shows Competition
- Lafinity, an early prop AMM, shut down after losing flow to competitors like Humidify.
- That shutdown illustrates how cutthroat and HFT-driven the prop AMM space has become.