Robinhood collected 8.2 million in fees in a single day, while processing only 14 million transactions.
On the same day, Solana collected 530,000 in fees and processed 309 million transactions.
With only 6.5% of Robinhood's fee cost, Solana users completed 22 times the transaction volume.
This is not a criticism of Robinhood; it's just the math. The same trading behavior costs more than ten times as much on one platform, and it's still slower.
Which one you choose is up to you. I choose Solana.
The structure has indeed improved, but the RSI signal has also appeared.
Every time in this round after being overbought, there has been a pullback. If this time is the same, then the current optimism has actually become a risk.
I'm not saying it will definitely fall, but chasing in at this position isn't very attractive in terms of risk-reward.
Let's wait until 82-84K is broken with volume before saying more.
Short positions were liquidated by 560 million, and 100,000 accounts were wiped out. This scale shows that the market has indeed been moving to extremes recently.
But after one wave is cleared out, there are still short positions waiting above. If BTC can break through the 83-85K range, there may be another short squeeze.
The direction is not fully determined yet, but the recent trend is leaning toward bulls having the upper hand. I tend to wait until it gets past 83K before making a judgment.
232x sounds great, but don't just focus on the gains.
The key is that Uniswap Labs recently confirmed it bought PONS, and the price jumped 500% that same day.
When a decentralized exchange giant buys the token of a token launch platform, it’s said to be a strategic partnership on the surface, but in reality Pons now accounts for more than 60% of the trading volume on Robinhood’s on-chain Launchpad, and Uniswap’s trading depth also depends on it. The math works out.
This pullback and consolidation does look a bit awkward, but sometimes “awkward” itself is a sign of a new trend starting.
Many people think it’s fake because they haven’t yet adapted to this rhythm.
I’m inclined to observe a bit more: if these next few days can hold steady without a pullback, then it probably isn’t a trap—it could be a real rotation in position.
There really is selling pressure around 80K, but I feel that after this area has been tested repeatedly, it’s actually not as scary anymore.
Every time price reaches this zone, sell orders show up, but the price doesn’t really drop much. This shows that the buying power underneath has been there all along.
What really matters isn’t how thick the sell wall is, but whether it can hold up when the price pulls back. If every time it drops to 75K it bounces back, then the sell pressure is just a paper tiger.