Why does this type of chart only exist on Solana… like fr tho

icebreaker.xyz/0xen |
https://gallery.so/Oxen/galleries | https://opensea.io/collection/farcats

Sure this is a function of more liquidity and users. But I also wonder to what extent this kind of chart is the product of less experienced retail buyers.

If you’re using an ETH L2 you probably have a bit more experience under your belt (since the modular complexity is a higher barrier to entry) and more likely to take profit along the way.

Horticulturalist. Environmental hand wringer. Open source enthusiast.

'sophisticated users make less money' is a helluvah thesis

In an ordinary distribution it’d be silly sure, but when you take say the top 20% of traders put then in their own semi-isolated market and trade against each other maybe not.

I’m sure the sophisticated users on Solana are doing quite well.

It’d be interesting to do a data analysis on volatility  across a decent sample size and compare both chains. I wonder if we have less panic selling and dumping as well.