Solana Activity (Patreon)
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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.