Solana’s Usage Paradox: Why Network Activity Isn’t Price Support
Conventional wisdom positions Solana as the ultimate 'usage' chain. High TPS....
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Conventional wisdom positions Solana as the ultimate 'usage' chain. High TPS....
Hook We didn't see this coming. Solana Labs just dropped a new priority fee...
Fear
Market Sentiment
Independent validator client goes live on mainnet
Circulating supply increases by about 2%
Block reward reduced to 3.125 BTC
Block reward halving event
Team and early investor shares released
Raises validator limit and account abstraction
92 million ARB released
Improves data availability sampling efficiency
Bitcoin Season
| # | Coin | Price |
|---|---|---|
| 1 |
Bitcoin
BTC
|
$64,699.6 |
| 1 |
Ethereum
ETH
|
$1,867.04 |
| 1 |
Solana
SOL
|
$75.92 |
| 1 |
BNB Chain
BNB
|
$569 |
| 1 |
XRP Ledger
XRP
|
$1.1 |
| 1 |
Dogecoin
DOGE
|
$0.0723 |
| 1 |
Cardano
ADA
|
$0.1661 |
| 1 |
Avalanche
AVAX
|
$6.58 |
| 1 |
Polkadot
DOT
|
$0.8362 |
| 1 |
Chainlink
LINK
|
$8.35 |