The market was really boring over the weekend. An event as significant as block production being cut in half $SOL , and yet nobody is talking about it, while trading volume is still so low:
After the upgrade, the Solana mainnet began producing blocks every 200 milliseconds. The epoch was shortened from 48 to 24 hours, and network performance really did double.
Think about it: at this year's Token 2049 conference in Singapore, weren't projects like RWA, which bring web3 into the real world, being discussed?
This is one of Solana's strengths—its performance is among the best of all public blockchains, and it's one of the likeliest candidates to serve as a bridge between web3 and web2.
That's why you can see institutional investors continuing to accumulate assets during this downtrend, just as they have in previous weeks. Over 20 trading days, Fidelity bought $SOL worth $18.2 million.
Since the on-chain fundamentals haven't deteriorated, and the performance upgrade provides a safety net, this decline should be viewed as a correction.
Those who hold spot assets should hold on to them, and those who don't have any have a good opportunity to buy the dip.
After the upgrade, the Solana mainnet began producing blocks every 200 milliseconds. The epoch was shortened from 48 to 24 hours, and network performance really did double.
Think about it: at this year's Token 2049 conference in Singapore, weren't projects like RWA, which bring web3 into the real world, being discussed?
This is one of Solana's strengths—its performance is among the best of all public blockchains, and it's one of the likeliest candidates to serve as a bridge between web3 and web2.
That's why you can see institutional investors continuing to accumulate assets during this downtrend, just as they have in previous weeks. Over 20 trading days, Fidelity bought $SOL worth $18.2 million.
Since the on-chain fundamentals haven't deteriorated, and the performance upgrade provides a safety net, this decline should be viewed as a correction.
Those who hold spot assets should hold on to them, and those who don't have any have a good opportunity to buy the dip.