Recently, the cryptocurrency market has been fluctuating back and forth, and many coins cannot withstand the volatility, but SOL is completely different. Its resilience is at an all-time high, directly becoming the 'stabilizer' in the market. Why is it so stable? The signals are clear: on-chain funds continue to flow in, large holders are either withdrawing coins or staking, with ongoing activity; in addition, there are companies in the US stock market looking to establish the world's largest SOL treasury, and there may be a SOL ETF launching in October. With so many positive factors stacking up, it's hard for SOL not to be stable.
When SOL is strong, the entire ecosystem heats up as well. Especially the tokens that bear core functions in the ecosystem, are particularly worth paying attention to right now, and these three cannot be missed:
First, RAY - the leading DEX in the SOL ecosystem, holding the position of liquidity hub. Now, funds are flowing back into the SOL ecosystem, on-chain transactions are active, and RAY, as the direct responder to trading demands, is very likely to be among the first to benefit.
Second, JUP - an aggregation trading protocol on SOL, equivalent to a 'trading router,' helping users find the most cost-effective trading paths. Recently, the number of users has been increasing, and on-chain activity continues to rise. In the market, funds prefer assets with high elasticity, and JUP's speculative value is quite prominent.
Third, JTO - focusing on the staking derivatives track within the SOL ecosystem, similar to Ethereum's LSD. As the demand for SOL staking continues to grow, JTO can fill the gaps in staking scenarios. In the future, as the scale of SOL staking expands, the demand for JTO is also likely to increase significantly.
Overall, the value of the SOL main chain is still being released and will bring long-term vitality to the entire ecosystem. RAY, JUP, and JTO are all infrastructure-level projects, and they are likely to attract fund attention in the upcoming market conditions. If you seize the opportunity, there is a good chance of obtaining excess returns.
When SOL is strong, the entire ecosystem heats up as well. Especially the tokens that bear core functions in the ecosystem, are particularly worth paying attention to right now, and these three cannot be missed:
First, RAY - the leading DEX in the SOL ecosystem, holding the position of liquidity hub. Now, funds are flowing back into the SOL ecosystem, on-chain transactions are active, and RAY, as the direct responder to trading demands, is very likely to be among the first to benefit.
Second, JUP - an aggregation trading protocol on SOL, equivalent to a 'trading router,' helping users find the most cost-effective trading paths. Recently, the number of users has been increasing, and on-chain activity continues to rise. In the market, funds prefer assets with high elasticity, and JUP's speculative value is quite prominent.
Third, JTO - focusing on the staking derivatives track within the SOL ecosystem, similar to Ethereum's LSD. As the demand for SOL staking continues to grow, JTO can fill the gaps in staking scenarios. In the future, as the scale of SOL staking expands, the demand for JTO is also likely to increase significantly.
Overall, the value of the SOL main chain is still being released and will bring long-term vitality to the entire ecosystem. RAY, JUP, and JTO are all infrastructure-level projects, and they are likely to attract fund attention in the upcoming market conditions. If you seize the opportunity, there is a good chance of obtaining excess returns.