Solana is back around $104 and people are still waiting for Alpenglow to do something.
Price dropped from $120+ at the start of the month. Still −65% from the $296 ATH. Nothing new.
ETFs have taken in over $1.5B total, but just went negative after 14 weeks of inflows. Solana memes are still trading, but it’s not 2024 anymore.
The tech is fine. Speed is there. Upgrade is coming.
But the price has been trading like a regular alt for a year now — it bounces when someone mentions tokenization or staking, then goes quiet again.
Everyone keeps saying “infrastructure” and “ETFs”.
In reality most of the volume is still memes and people who just don’t want to sit in cash.
If Alpenglow on the 21st doesn’t actually move the needle, how many more times are we going to buy this under another “upgrade that changes everything”?
Honestly, it’s getting hard to believe.
#solana
Price dropped from $120+ at the start of the month. Still −65% from the $296 ATH. Nothing new.
ETFs have taken in over $1.5B total, but just went negative after 14 weeks of inflows. Solana memes are still trading, but it’s not 2024 anymore.
The tech is fine. Speed is there. Upgrade is coming.
But the price has been trading like a regular alt for a year now — it bounces when someone mentions tokenization or staking, then goes quiet again.
Everyone keeps saying “infrastructure” and “ETFs”.
In reality most of the volume is still memes and people who just don’t want to sit in cash.
If Alpenglow on the 21st doesn’t actually move the needle, how many more times are we going to buy this under another “upgrade that changes everything”?
Honestly, it’s getting hard to believe.
#solana