Bonk Guy said on X that he had previously been bearish on Solana and had written an analysis favoring Robinhood and BNB Chain while expecting Solana to lose market share and attention in this cycle. According to Odaily, he now says his view is shifting toward a more bullish stance on Solana and its ecosystem.
He said Solana has recently reembraced trench culture, become more active in supporting community projects, and seen management reach out to understand how to better align with the trench ecosystem. He also said Solana officials and core members have recently begun acknowledging ecosystem projects such as $STONK and $USELESS.
Bonk Guy said the changes reflect a broader cultural shift at Solana and efforts by management to address problems in the ecosystem. He said his criticism had focused on ecosystem culture and the impact of extractors on new projects and users, rather than on Solana’s technology or infrastructure.
He added that a long bearish analysis he had planned to publish will first be shared with Solana for reference. He said he may revise his view further and eventually release a more balanced analysis.