At 1 a.m., the living room is so quiet it’s almost eerie—only DouDou is flicking its tail by the couch. I stared at the line of $SOL for a long time, and the more I looked, the more it felt like it wasn’t pretending this time.

It can be reignited because the market recently is willing to look back at the narrative that “there really is something running on-chain.”

On one side, overall market sentiment is warming up, and capital doesn’t just want to stay in the most stable place like $BTC .

On the other, RWA—this story that maps relatively more realistic assets—also just needs a chain that’s fast, has active users, and low costs to carry it.

So this $SOL resonance isn’t only the old public-chain narrative reviving.

It’s more like three things collided: “active on-chain applications + real-world assets tokenized on-chain + renewed market risk appetite.”

The news says Solana’s transaction volume is up to 4.2 billion, and the RWA market size is also nearing $4 billion.

I won’t treat numbers like these as a reason to blindly rush in—but at least they show the money and attention aren’t just going in circles; they’re really turning toward this ecosystem.

Still, I don’t want to get carried away at this spot.

Right now, $SOL spot is $96.79, and over the last 24 hours it’s still down 4.14%, meaning after a 40% run-up, once people above loosen their grip, the shaking is still obvious.

And contract trades are 7.2 times the spot volume—this kind of order book looks exhausting. Too many short-term sentiment waves stacked on top of each other.

My view is that, for the medium term, the $SOL line hasn’t broken down, and the narrative is still there.

But in the short term it doesn’t feel comfortable—especially since it surged up to around 103 and then got pushed back. Chasing in here would easily break your mindset.

Spending the day drawing and revising until I want to cry, then coming home at night to watch such high-volatility coins—I honestly can’t believe it.🥲

My approach will be to stay on the sidelines. If I really do make a move, I’ll only wait for it to stand firmly again, not force an entry when everyone’s emotions are running hot.

Whether it makes money or not—set that aside for now. Don’t let yourself lose sleep first.$SOL #SOLana

I might be wrong too. I’m just making my own judgment.