#sol板块 Does $SOL have growth potential? Let's talk about it from both a technical and fundamental perspective!
When it comes to this token, we need to analyze SOL from both technical and fundamental angles.
First, let's look at the facts:
Solana is one of the few altcoins that can reach new highs in this cycle. Since 2016, the number of developers on Solana has actually surpassed that of Ethereum. These are not project-hired personnel, but independent developers working on these blockchains. Moreover, the total value locked (TVL) on Solana accounts for nearly 10% of all blockchains' TVL.
These achievements are not coincidental. The Solana blockchain is incredibly fast in terms of transaction speed, and although the fees are a bit higher than L2 solutions, they are still relatively low overall.
That being said, the hype is primarily driven by the surge in meme coins and shitcoins, most of which are on the SOL blockchain. All fees, transactions, contract deployments, gas payments—everything is processed on Solana, so the demand for SOL has naturally increased.
Don't forget, the market goes through cycles, and we might be entering a bear market by the end of the year. However, I believe the final wave of altcoin/meme coin speculation will come before the bull market ends. This summer could be quite interesting, as we haven't seen any major rebounds yet. Normally, summer has low market volatility, but this year might bring surprises.
From a fundamental perspective, I think SOL's growth potential is pretty strong.
Now let's talk about the technical perspective:
🔸 A Wyckoff distribution is forming. 🔸
We are currently in a consolidation phase, and then the UTAD will make one last upward push; after that, Solana may enter a downtrend.
#加密货币普及 #CZ的“西兰花”梗 Although the overall market is slightly sluggish right now, it will come back; just wait for the pullback opportunity. When that happens, I'll lead everyone to aim for the lucrative opportunities in altcoins to buy the dip, and doubling your investment should definitely be achievable. Like and comment, and let's seize the big opportunities in this bull market together.