there’s been a lot of fear and uncertainty around Mina lately.
I decided to do my own research quietly, away from the noise, behind the scenes.
I think it’s still a bit too early to have a strong opinion about everything that’s happening right now.
but people keep asking for my honest take, as an ambassador, here it is:
>> the BingX delisting
a big hit to confidence and honestly, it scared me too.
what I know is that the teams are aware and working on it.
more information should come soon.
>> Zeko, Lumina, Nori, ZK Arcade
first, some big updates are happening across the ecosystem:
- Zeko alpha bridge went live.
- Lumina deployed Solis, the first zkDEX built on its SDK.
- Nori’s bridge was a success.
- every Plankton tester can now participate in ZK Arcade with Aligned Layer.
there’s a lot of nuance to all this, but uncertainty is something we have to accept.
my view on the current Mina situation:
I think what the community needs most right now
is more communication from the internal teams.
@zktrivo and @dwillems42 are extremely active and share a lot,
but it’s still not enough and the community can feel that.
the expectations built around Mina over the past few years
have led to a serious loss of trust from both investors and the community.
and yet, I have this deep conviction that we’re about to witness something big with Mina.
a quick reminder when Solana was at $8 in January 2024,
most people thought it was dead.
you know why it didn’t die?
because the devs and the core community never gave up.
I see Mina the same way.
we have devs building harder than almost any other ecosystem.
we have a solid, loyal core community that keeps believing through the turbulence.
we have a new vision, with two CEOs leading the technical and commercial directions.
people hope Mina will suddenly rise to new heights in price and adoption,
but that won’t happen overnight.
we need to focus on building useful products, on better communication with the community, and on a new, stronger community strategy.
I have huge respect for the teams at Mina and O(1)Labs, I trust them.
we just need better coordination across the ecosystem, so we can make noise together, not separately.
like any human, I can be wrong.
but I’ll do everything I can to see Mina in the top blockchains starting by re-motivating the community.
> my speculation:
take this with a grain of salt.
we have to keep nuance in everything.
1. zkDEX and L2
with excitement, I think this DEX could be a major turning point
for the ecosystem and even for Mina’s price in the short and mid-term.
having a way to trade, swap, and bring liquidity
would make us far more independent,
and would reduce our overreliance on staking and block producers.
2. we’re still at level 1 of expansion
we’re only at the very beginning of Mina’s growth.
the technology is here.
products are being built.
what’s missing is coordination across the ecosystem.
3. the BingX delisting
ngl, the delisting is a bad signal and we all know it.
that’s why, as an ambassador, I need to address it.
but without more internal information, I can’t give any valid reason for it,
so I’ll refrain from speculating.
> conclusion
I think we’re in a grey zone right now;
a moment where we need to readapt our community strategy,
coordinate announcements better,
and improve visibility across the ecosystem.
many have lost hope, some are still building, others stay silent and I understand all of them.
I just hope the Mina team realizes that we need to act now, on the things we already control.
I’m not talking about unrealistic promises.
I’m talking about what’s already in our hands.
we can build momentum together around the big announcements,
organize new community spaces, reignite energy around projects like Mina Mastermind or ZkNoid, and keep connecting through real conversations
sharing visions, fears, hopes, and updates.
in the end, I trust the Mina and O(1)Labs teams.
I trust the OGs.
and I trust my ability to keep you informed.
this is just the preparation before the renaissance of Mina.
the launch of Mesa, Zeko, and Solis on mainnet, the new ZkNoid games, the decentralized treasury, and new marketing and community strategies.
all of this will mark the rebirth of Mina.
gmina ●
4k
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