According to Odaily, Zhu Su recently shared his thoughts on the X platform, drawing a comparison between Solana's meme coins and Ethereum's ICO in 2017. He noted that the value accumulation of Solana's meme coins is best likened to the role Ethereum's ICO and ETH played in 2017. Zhu Su explained that while institutions may not have directly participated in the ICOs, they did purchase ETH, which allowed the ICOs to act as Ethereum's beta throughout the year.