#Solana #MEME is in retreat, and now the focus is on researching opportunities on chain #Hype and #Sonic , the next gathering place for wealth codes.

Here are some of my brief thoughts on Solana, focusing on why I think Solana may underperform relative to other assets in December (a trend I believe has already begun, but will continue).
I opened a short position at ~$235-240, thinking this was the last great asymmetric opportunity of the year. I should note that I also have short positions in other assets (e.g. Bitcoin, as the gap between Saylor's buy price and the ETF continues to widen; and I think Ethereum's downtrend could extend longer if it falls).