Despite a 70% year-on-year decrease in network interruption issues in 2023, the complete decentralization and censorship resistance are still under scrutiny. Furthermore, the intensifying homogenization competition among projects within the ecosystem may lead to liquidity dilution, and the policy risks related to the SEC's examination of SOL's security attributes have not been fully lifted.

Overall, the surge of Solana stems from the resonance of technological iterations, positive ecological cycles, institutional empowerment, and market sentiment, but its long-term value capture ability will depend on the continuous expansion of practical application scenarios and further verification of network robustness.