SOL has once again held above $100 this time—I still think there’s something here.
On-chain fundamentals aren’t as bad as people imagined. TVL is already close to $5.9 billion. DEX 7-day trading volume has returned to $17.3 billion. RWA has also risen to $4.3 billion, and XStocks trading volume has even surpassed $1 billion.
Plus, expectations around ETF inflows, regulatory frameworks, and tokenized stocks mean Solana’s application scenarios are still expanding.
The issue right now isn’t that there’s no demand on-chain, but that interest rates are still compressing valuations.
If later on $100 can hold steadily, and on top of that RWA, ETFs, and tokenized stocks continue to scale up in volume, personally I would remain bullish on SOL. Pullbacks are actually worth paying attention to.
Look for opportunities in pullbacks—don’t wait for it to start rising and then chase.
$SOL
On-chain fundamentals aren’t as bad as people imagined. TVL is already close to $5.9 billion. DEX 7-day trading volume has returned to $17.3 billion. RWA has also risen to $4.3 billion, and XStocks trading volume has even surpassed $1 billion.
Plus, expectations around ETF inflows, regulatory frameworks, and tokenized stocks mean Solana’s application scenarios are still expanding.
The issue right now isn’t that there’s no demand on-chain, but that interest rates are still compressing valuations.
If later on $100 can hold steadily, and on top of that RWA, ETFs, and tokenized stocks continue to scale up in volume, personally I would remain bullish on SOL. Pullbacks are actually worth paying attention to.
Look for opportunities in pullbacks—don’t wait for it to start rising and then chase.
$SOL