if you build in the evm, you get access to 99% of major chains—to megaeth and monad’s performance, ethereum and base’s liquidity, polygon and arbitrum’s resources. if you build in the svm, you get one chain: solana. maybe two if we count fogo. this is solana’s biggest threat. because if you’re a new builder or even a new chain, you’re going to build in the evm. the network effects are too great. this is very different from a year ago, when solana was the only chain that could claim performance, liquidity, and distribution all at once. it was a powerful trifecta but now there are many more—and they’re all evm. and that suggests future ones will be evm as well. so if you’re a builder who wants access to all the future performance, liquidity, and distribution of chains like tempo, you’re going to build evm as well. solana is still one of the most cracked teams in the industry and can easily overcome this moment, and maybe even be the top execution environment in the space. but they’re gonna have to support evm