Recently, Solana is indeed very weak!!

There are 4 major obstacles:

1. Outside of Bitcoin, among the top ten mainstream altcoins, Solana was the first to break its all-time high. The price has peaked in the short term, with many people taking profits and others judging that Solana has little room left.

2. Ethereum is gradually rising, and there is only so much money in the crypto space; it’s either with you or with someone else. As an Ethereum killer, performing better than Ethereum is the best proof, but if it is overtaken, it could be dangerous.

3. The rise of the new public chain star, Sui, is reminiscent of the time when many chains were competing like Solana back in the day. As a dark horse, its market cap has already reached half of Solana's, and it has once again broken its all-time high today, posing a significant threat to Solana.

4. The selling pressure from pump and FTX.

Of course, no matter how great the resistance is, I believe it is all short-term. I still have confidence in this coin, which is backed by Wall Street capital, is most likely to be listed on an ETF next, and is the strongest public chain coin, Solana. My expectation of breaking 290 before the end of December remains unchanged!!!

I never just talk; whether you believe it or not, I'm in first! $SOL $BTC #DeFi全线飙升