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Recently, the crypto community has been stirred up again. When Nikita, an advisor to Solana, showcased his investment portfolio on X (formerly Twitter), he deliberately placed Sol Meme coins below BTC, subtly indicating his optimism for the Solana ecosystem. Subsequently, the official Solana Twitter account also began to engage more frequently, which many interpret as a move to boost Solana's visibility on X.
This move has made supporters of BSC (Binance Smart Chain) a bit uneasy. People started speculating whether X is going to allocate more resources to Solana to help it counter BSC in the ecosystem competition. Anxiety within the Binance community has also spread.
However, Binance founder CZ quickly revealed his hand. He publicly stated that Binance has held a 1.3% stake in X for a long time. This investment cost $500 million, which is part of the total $44 billion spent on X's acquisition. This statement effectively reassures BSC supporters—Binance has a say on X and won't be easily suppressed by the Solana camp.
But the battle for traffic in the crypto world is far from over. From executive alliances to capital investments, various interests are intertwined. In theory, major shareholders have more influence over platform decisions, but the final outcome still depends on Elon Musk, the current owner of X. Who will win this invisible contest remains uncertain for now.