Solana keeps grinding higher because it is the fastest chain in the space, with real usage, real volume and builders shipping constantly while the rest of the market argues over narratives. The chart projects a 37% next move. x.com 

Solana is one of the two obvious winners of the current on-chain rotation, alongside Robinhood chain. The on-chain bottom was put in months ago, so the path from here is range, then higher, across everything, and on-chain activity stays alive even if majors dip. The playbook is to sell into froth and slowly accumulate the next ecosystem with future catalysts and a reason for people to rotate in, keeping size modest where volume is thin. x.com 

Solana has lost its moats: speed and retail mindshare carried it this cycle, and every narrative it was meant to own now has a stronger competitor. Memecoin attention is spreading to Robinhood, BNB and Base, Robinhood is coming for tokenized stocks, and Hyperliquid owns perps. Solana's perps did $8.9B last week, which Hyperliquid often does in a day. As more volume settles in its $15.5B of stablecoins, SOL matters less beyond gas. Pump.fun has sold about 4.8M SOL and expanded beyond Solana. … Show more

Solana is harder to fade because StonkFun's launchpad generated over $20 million in revenue in the last 30 days. SOL price action should follow. x.com 

Solana is set to gain a trust premium as Stonk Fun becomes the chain's runaway driver of activity, fees and revenue. Copycats have failed to match it, its tokenomics reward holders and small traders, and it diversifies Solana's fees. Solana and its platforms have tens of billions of dollars to deploy, and onchain volume is only 5-10% of bull-market levels. With disinflation and fee-burn proposals passed, and maybe new RWA or DePIN traction, SOL has a real chance of nearing $1K in a blowoff. … Show more

Solana looks like last cycle's Ether, a laggard among the majors, because its inflation keeps diluting holders. Emissions run about $5 million a day at current prices and rise as price climbs, and even with the new proposals SOL would remain inflationary. Growth in onchain activity does not accrue value to the token, and SOL was the worst-performing major even as ETH moved up. Any upside from the proposals passing is a short-term trade to sell into. x.com  x.com 

Solana's on-chain growth should soon show up in its price. Per @gemtoast, Solana has handled over 50% of daily crypto transactions for months and recently did about twice the rest combined. x.com 

Solana may already have bottomed as crypto enters an existential crisis, which is usually how bottoms form. More and more people are leaving the space, pivoting to stocks or exiting crypto entirely, and it takes the capitulation of every bull to bottom the market. For anyone who believes crypto eventually comes back, current levels near $66 for Solana are attractive places to deploy capital, and a vibe shift is starting to show. x.com  x.com 

Solana is struggling to sell blockspace, a commodity racing to zero, while heavily diluting holders. At this year's rate, fees come to about $300M against roughly $2.4B of newly minted SOL, and fees are down about 79% year over year amid competition from Ethereum, Base, Hyperliquid, Near and others. SOL is not money either, so neither a profitable-chain nor a monetary-premium bull case holds. Nasdaq earns 17x what Solana does while buying back about twice as much and issuing no shares. x.com  … Show more

Liquid crypto tokens now offer a rare mix of growth and value after a long, deep bear market, because crypto's cyclical capital flows leave fast-growing projects reasonably priced for extended stretches. The most interesting areas are the intersection of crypto and AI, and 24/7 trading and tokenization, with Venice, Pump, Hyperliquid and Ether.fi among the examples. Liquid tokens offer more opportunity than venture deals right now. rss.flightcast.com