Now I want to share my perspective on Sol.
Many people are still comparing Solana to Ethereum, but in essence, they are not entirely similar.
While ETH is the blockchain for developers, SOL is the blockchain for the ‘market’.
To put it bluntly: Solana is the largest market in Web3 right now — and that is not a bad thing.
1. Solana is where every trend begins.
From meme coins, DePIN, restaking, NFT, socialFi... anything that is currently ‘hype’ is present in Solana. And it's not because Solana is good at marketing. But because it is cheap, fast, easy to use — exactly the standard of a ‘market’.
People don't need to understand in depth, just a Phantom wallet, a few clicks and... done. Solana is like Top Top in the blockchain world: simple, fast, and catches trends extremely quickly.
2. Do not underestimate the ‘crowd’.
Many people think: the crowd is shallow, likes to indulge in quick wins, lacks sustainability.
Wrong!
It is the crowd that is the driving force behind the real foundation for a large ecosystem. Don't forget: Pho Bo, Diu Tup, Top Top - all started from the non-professional crowd, not tech people.
Solana is doing the same thing in Web3: bringing blockchain to regular people.
3. If Web3 wants ‘mass adoption’, it must be like Solana, not like ETH.
No one achieves mass adoption with a $30 swap fee.
No one achieves mass adoption with concepts like zk-rollup, DA layer, modular chain…
Ordinary people don't care whether the app they use employs L2 or not. They just need: “Open wallet –> Click –> Successful transaction.”
Solana is building according to that mindset. UX like Web2. Speed like Web2. But still maintains the core decentralized philosophy.
4. Is Solana a VC chain? Maybe. But that’s why it survives.
Many people say: “SOL survives thanks to VC pumping money.”
So what?
Capital is the blood of the market. What matters is whether that capital can create real products. And the reality is: SOL has millions of users (Phantom wallet), has real NFT volume, and has thousands of meme coins traded every day.
Better than a ‘decentralized’ chain that is as empty as a deserted temple.
5. Solana does not need to become ETH.
Solana does not need to become a ‘moral’ Layer 1, absolutely decentralized, academic standard. Because the market does not need another ETH.
Solana just needs to be itself: an open ecosystem, high speed, easy to build, easy to use — where every crazy idea can be tested quickly, fail quickly, and scale quickly if successful.
TECHNICAL PERSPECTIVE
On the weekly chart, Solana is forming a super large Cup and Handle pattern lasting over 2 years — and just broke out of the handle.
The technical target according to the traditional formula L could aim for the range of $450–500 if the model is completed.
Of course, this is just a personal opinion. Not investment advice.
