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Hi Team

I know many of you are concerned w SOL. It was one helluva kick in the teeth - the fallout from FTX etc. 

The good news is the chain is still active and cumulative fee-paying wallets is still growing.  I believe people go or go to the chain with the best experience the fastest transaction times and the cheapest prices. It's human nature. If it survives, which I believe it will it will continue to do very well. However, it will take time to get back to all-time highs.  We will need a strong 3 trillion crypto market.  The Govt and Macro will remain headwinds. 

SOLETH Pair is not falling and could be argued it is creeping up last 5 days. It will be a wait-and-see game. I tell myself I could sell here but if L1's come alive this will run again.  SOL is trading at 1/30th the market cap of ETH and does similar loads. 

In full disclosure, i have not sold any SOL. Balances are as follows as of right now. 


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Anonymous

“The reality is that SOL is not innovative at all! It’s just the first major blockchain to be so reckless in its fundamental design while pretending this is innovative (to attract investors),” said Justin Bons, cryptocurrency researcher and founder of Cyber Capital.

Anonymous (edited)

Comment edits

2023-01-22 19:48:07 i think it’s dead. it’s only utility is NFTs & smart contracts & defi which are dying on the vine. 🥴 i still hold a bunch so will see where it goes. but i am henceforth ₿ only. good luck everyone.
2022-11-20 05:38:56 i think it’s dead. it’s only utility is NFTs & smart contracts & defi which are dying on the vine. 🥴 i still hold a bunch so will see where it goes. but i am henceforth ₿ only. good luck everyone.

i think it’s dead. it’s only utility is NFTs & smart contracts & defi which are dying on the vine. 🥴 i still hold a bunch so will see where it goes. but i am henceforth ₿ only. good luck everyone.