Solana attempted to be a layer 2 to ETH in the interim while ETH was building out proto danksharding.
Narratives -
1. Base on ETH has began to garner a significant amount of capital. Solana's only value prop is memecoins. If a chain secured by Ethereum's base layer can do the same, what's the point of launching on Solana unless you're trying to run a pump and dump.
2. We're getting late in the cycle, especially if this cycle in the case of a left translated cycle. Majors topping and starting a bear market does not typically bode well for Solana.
Narratives -
1. Base on ETH has began to garner a significant amount of capital. Solana's only value prop is memecoins. If a chain secured by Ethereum's base layer can do the same, what's the point of launching on Solana unless you're trying to run a pump and dump.
2. We're getting late in the cycle, especially if this cycle in the case of a left translated cycle. Majors topping and starting a bear market does not typically bode well for Solana.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.