Despite the token failure rate of up to 98%, Solana traders remain bullish: What is the reason?

Solana issued more than 1.34 million new tokens in August, most of which are short-lived memecoin, with extremely low practicality. Although 98% of tokens failed in three months, derivatives data show optimism is rising: open contracts hit $12.78 billion and financing rates are positive, indicating traders expect mature projects to achieve long-term growth.