Solv CEO: 3 Protocols That Would Matter in a Tokenless Crypto World

Ryan Chow, CEO and co-founder of Solv Protocol, says token prices are often a noisy, lagging signal and that real value in crypto would shift to fundamentals if tokens ceased to matter. He argues that adoption, usability and security would become the dominant measures, and that builders would prioritize infrastructure that institutions can trust.

Chow expects speculative activity to vanish without token-driven incentives, leaving instrumental uses such as stablecoins for payments and treasury, onchain credit for capital efficiency, and verifiable rails for issuance and collateral. Developer focus would move from short-term marketing gains to durable systems: verifiable reserves, auditability, uptime, compliance-ready workflows and reliable settlement rails.

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