Binance and Solana Relations Stir Again
Recently, Binance founder Changpeng Zhao (CZ) unfollowed Solana co-founder Toly on X, sparking widespread discussion within the crypto community.
Prior to this, Toly had retweeted a post from OKX Star that linked Binance's marketing activities to the October crypto market crash. Toly's added comment — sarcastically noting that recovery came just 18 months after the incident — referred to SOL's rebound to 2021 bull-market levels 18 months after the FTX collapse.
Possible Implications Behind the Unfollow
While the exact reason for CZ's unfollow remains unclear, many interpret it as a sign of growing tension between the two. In the crypto space, social media followings often serve as indicators of project relationships.
Notably, Binance and the Solana ecosystem have collaborated in the past, including project incubation and ecosystem fund support. However, in recent years, the nature of their partnership has subtly shifted as Solana's ecosystem grows.
How Markets Are Reacting
Interestingly, the unfollow news did not significantly impact SOL's price, but it has sparked discussions about future collaboration between Binance and Solana.
- Will Binance and Solana drift further apart?
- Is the Solana ecosystem seeking to reduce its reliance on Binance?
- Could this affect where future projects choose to list?
While no clear answers exist yet, one thing is certain — the evolving dynamics between leading crypto platforms are drawing increasing market attention.