The next level UP for SOL
Solana chain is a baby at 4 years old that has been through a lot in it's youth from outages for moving recklessly fast (like any teen), to rising to an early ATH of 260 and then crashing to 8 bux FTX low caused by bad boy friend SBF. Add to that the regulatory challenges which now with ETF proposals and so many other trad fi engagements seem to be behind the chain.
Here we are in 2024 and SOL has shown RESILIENCE and MASSIVE strength! It did not just recover - it DOMINATED! In just 4 months, SOL shot up 800% from around $20 at Breakpoint last year to $220 in March of 2024. Since the yearly high, in this very strange and tepid year, SOL price has been in a descending triangular wedge and has built strong resistance floor around the 129 level. The chain has grown massively and is now without a doubt the uncontested leading Layer one. While SOL gets accused of being a MEME coin factory, there are things happening on SOLANA that go far beyond Crypto in real potential impact.
Consider the early SOL years the foundation. Now the #3 Crypto chain, SOL is undervalued and due for a major breakout. FIREDANCER will be revolutionary. SAGA 2 is coming. Integration in a Global Machine is on it's way. I see SOL jumping to 300-500 range next. This is conservative. Consider the ETH market cap. SOLANA is outperforming ETH in many chain activities, but ETH still has a much higher MC. That will change. It is not a question of if - it is a question of WHEN. The thing Im doing right now is accumulating.
Here we are in 2024 and SOL has shown RESILIENCE and MASSIVE strength! It did not just recover - it DOMINATED! In just 4 months, SOL shot up 800% from around $20 at Breakpoint last year to $220 in March of 2024. Since the yearly high, in this very strange and tepid year, SOL price has been in a descending triangular wedge and has built strong resistance floor around the 129 level. The chain has grown massively and is now without a doubt the uncontested leading Layer one. While SOL gets accused of being a MEME coin factory, there are things happening on SOLANA that go far beyond Crypto in real potential impact.
Consider the early SOL years the foundation. Now the #3 Crypto chain, SOL is undervalued and due for a major breakout. FIREDANCER will be revolutionary. SAGA 2 is coming. Integration in a Global Machine is on it's way. I see SOL jumping to 300-500 range next. This is conservative. Consider the ETH market cap. SOLANA is outperforming ETH in many chain activities, but ETH still has a much higher MC. That will change. It is not a question of if - it is a question of WHEN. The thing Im doing right now is accumulating.
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