Why do I say empty $SOL and not something else?

Because Solana is already worth 35 billion US dollars, and there are very few applications and TVLs on the chain. Even if Makerdao does something on it, the valuation will be too busy in the short term. Second-tier public chains are now worth billions. Aren’t apt and near great? Will Cancun be unable to beat Solana next year after it is upgraded to layer 2? I don’t see how many times the premium sol can be.

This wave is completely driven by the banker. TVL, which is worth a few hundred million, has reached 35 billion. A lot of funds were bought because the trend was strong. There is no belief at all. Once the trend is weak, the tree will fall and the monkeys will scatter.

Of course, generally speaking, the crypto bull market is not over, it’s just that no matter how awesome it is, it has to adjust. #BTC