Let me explain why I am not optimistic about $SOL .

Recently, I took a close look at Solana's economic model. SOL is still being minted every month, with an increase of 2.2 million coins, and its market cap is around 350 million dollars. This is not the scariest part; the problem is that its monthly "actual loss" is about 300 million dollars—meaning that the rewards distributed exceed the earnings, and inflation far exceeds income, relying on printing coins to sustain the ecosystem.

Most of these newly minted coins are not locked up and are directly given to staking users and nodes. The ecosystem appears lively on the surface, but behind it, it is all about "printing money" to prolong life. When the casino is booming, everyone is excited; once the hype fades, if income does not increase and inflation cannot decrease, it may directly lead to a death spiral.

The prosperity of the SOL chain is built on continuously generating trading volume. Large holders and project teams of SOL shout about it every day because they know that only if everyone believes in it, will it not collapse.

So even if the bull market comes, I do not plan to touch SOL. The peak of SOL was when Trump issued coins on the SOL chain; it was a peak that led to decline, and this is SOL's ultimate fate.