Token not needed

Solana attempted to be a layer 2 to ETH in the interim while ETH was building out proto danksharding.

Narratives -

1. Base on ETH has began to garner a significant amount of capital. Solana's only value prop is memecoins. If a chain secured by Ethereum's base layer can do the same, what's the point of launching on Solana unless you're trying to run a pump and dump.

2. We're getting late in the cycle, especially if this cycle in the case of a left translated cycle. Majors topping and starting a bear market does not typically bode well for Solana.