Why embrace the Solana ecosystem?
1. Solana seems to have experienced a bull market, but there are very few projects that have gone through the bull market and survived to the present. For example, there are only Ray, Orca, and Solend. During the price increase of $SOL, it is difficult to find a high-quality target for the overflow traffic, which is why Memecoin ($BONK $MYRO) was very popular in the Solana ecosystem at the beginning.
When SOL performed well, the market trend shifted from other tracks to Solana, including developers. In order to match this wave of popularity, Solana officials held a $1 million hackathon.
Therefore, every time Solana releases a new high-quality asset, such as $JUP $JTO, there will be a sentiment premium built into the market's pricing. This is also an opportunity for us.
2. There are few high-quality assets, which also reduces our workload. We only need to look at fundamentals + emotions to face the hype of corresponding asset valuations.
DeFi: $ORCA $RAY $SLND $JUP
Storage: $SHDW
DePin: $HONEY
Oracle: $PYTH
AI/Rendering: $RNDR
MEME: $BONK $MYRO
Gaming: $ATALS
LSD: $JTO $MNDE
Payment: $ZBC
The newer the project, the greater the opportunity. The latest ones are: JUP JTO PYTH MYRO, and HONEY and SHDW are the ones that have been noticed recently.
3. What is the focus of Solana’s ecosystem? Who are Solana’s users?
You can refer to the hackathon for the focus. Other things are commonplace, but DePin (although the market has mentioned it for a long time, but the volume is not loud) is something Solana has just started to promote.
If it were me, I would focus on $HONEY in addition to the basic opportunities. After all, Hivemapper is a made thing. It is conservatively estimated that the mining machine has been sold for 7 million (actually more).
4. In addition, Backpack has become the launch pad for Solana’s ecological high-quality assets, and List is definitely the priority for Solana’s ecological assets. Therefore, in the absence of platform currency, we can completely regard Mad lads as Backpack’s exclusive platform assets. 9999*220*63=138M. So what is the market value of the platform coins of other exchanges?
Finally, I recommend that everyone find an opportunity to experience the Solana chain.