#实际世界资产(RWA)代币化# After reading this analysis, I feel that the gap between ETH and SOL is indeed significant. ETH not only has star spokespersons like Tom Lee, but its treasury strategy scale also far exceeds that of SOL. The management scale of ETH ETF has surpassed 22 billion USD, and it has high institutional recognition. In contrast, SOL is somewhat lacking in narrative heat and capital attraction. However, SOL has also been making efforts to catch up recently, such as bringing in big names like Arthur Hayes to join the advisory board and collaborating with China Merchants Bank to launch RWA projects. Although the SOL/ETH exchange rate continues to decline, I believe that SOL's underlying competitiveness has not weakened, and there are still opportunities for a rebound. The key is to see if SOL can achieve breakthrough applications in RWA, Decentralized Finance, and other fields to attract more institutional capital into the market. This market still requires caution, and diversifying risks is very important.