【Solana's recent wave feels like being left with no pants after the Meme tide recedes】

As of May 29, the SOL/Second Token trading pair has broken through a rising wedge that lasted for several months, and those who understand technical analysis know what this means—once this pattern breaks, it usually doesn’t just drop a little.

The on-chain Meme heat has also cooled down, with Pump.fun's daily revenue almost hitting an annual low, and even the jokesters have run away. Standard Chartered previously sounded the alarm: if SOL's ecosystem still relies on issuing tokens for memes, then in the context of the full rollout of Second Token L2, the situation may become increasingly awkward.

Analyst Alex Clay has directly spoken up: the strong cycle of Ethereum has arrived.

SOL holders: this summer, can we have some other storylines?

Comment section speaks out—do you think SOL is experiencing a temporary pullback, or is the trend gone for good?