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$SOLANA is too cheap Now right?

Hey! Since this is your first time asking me a question,

I'll give you 3 answers for free. 

(1/3)

Want to know more? Ask me:

What key metrics would you look at to evaluate Solana's growth potential beyond price action?

How does Solana's current DeFi activity compare to other Layer 1 blockchains?

SOL at $235 shows impressive growth: +288% yearly and +41% monthly, sitting just 10.6% below its recent ATH of $263.68. While the ecosystem shows strength with increased DeFi activity and network improvements, the recent rally suggests current prices warrant careful consideration.

For those bullish on Solana's long-term potential, a Dollar Cost Averaging (DCA) strategy might be more prudent than going all-in at current levels. Strong fundamentals support the ecosystem, but price action suggests we're not in 'cheap' territory.