Solana co-founder Toly dropped a line today: “If you work in data centers, switch to crypto.” It’s been all over the feed all day.
The price hasn’t really reacted.
It’s still hovering around 93, while Bitcoin is slightly up over the same period, leaving SOL relatively weak.
It briefly plunged to around 90 in the morning, then slowly clawed back.
He added that if the government blocks data center construction, could all those infrastructure promises from big tech end up as empty pledges?
The rhetoric is hot, but the market is cold. This looks more like a slow-burn narrative taking shape—not something likely to pay off with one or two green candles.
In the short term, watch whether it can hold around 90. A high-volume move back above around 94 would make up for today’s sell-off.
Do you put more faith in the data center narrative gradually lifting valuations, or are you watching today’s low first?
$SOL
#SOL #DataCenters
The price hasn’t really reacted.
It’s still hovering around 93, while Bitcoin is slightly up over the same period, leaving SOL relatively weak.
It briefly plunged to around 90 in the morning, then slowly clawed back.
He added that if the government blocks data center construction, could all those infrastructure promises from big tech end up as empty pledges?
The rhetoric is hot, but the market is cold. This looks more like a slow-burn narrative taking shape—not something likely to pay off with one or two green candles.
In the short term, watch whether it can hold around 90. A high-volume move back above around 94 would make up for today’s sell-off.
Do you put more faith in the data center narrative gradually lifting valuations, or are you watching today’s low first?
$SOL
#SOL #DataCenters
