Solana's success in making a comeback depends on new tokens from blockchain teams that have not issued them before. These tokens are crucial for increasing liquidity, trading activity, and attracting new users to the decentralized finance ecosystem. Cypher and MarginFi have contributed to Solana's growth by offering loyalty programs that reward crypto traders with "points" for participating in their respective markets. If Solana DeFi succeeds, it could return to its multibillion-dollar heights, but failure could lead to irrelevance.
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Cypher Protocol's Barrett Believes Success of Solana's DeFi Ecosystem Depends on New Tokens
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