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LEVIN 🎩
@levingood
Recently, some friends have asked me about the situation with #SOL, feeling a bit discouraged. Let's boost some confidence. Indeed, the overall market liquidity has been poor lately, and as the second largest position in our portfolio, #SOL has also experienced significant pullbacks. However, we remain confident and are prepared to hold long-term. 1️⃣ Despite the current low on-chain activity, #SOL still accounts for 80% of all blockchain usage. #BTC ranks second with 5%. 2️⃣ The SIMD-0228 proposal, put forward by core institutions like #Multicoin, will reduce the annual inflation rate from 4.8% to 0.87% (ETH is at 0.5%), an 82% reduction, significantly lowering the inflationary dilution of #SOL's price.
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LEVIN  🎩 pfp
LEVIN 🎩
@levingood
Our logic (not necessarily correct): Release a significant amount of unlocked tokens, guiding sell-offs and providing better price points for accumulating tokens. Reduce the dilution of major shareholders' token holdings through SIMD-0228, achieving better control. Release positive news such as the Firedancer upgrade, government collaborations, and the #SOL conference in New York in May to drive up prices. Anticipate the approval of the SOL ETF (June 9 or August 8), attracting substantial capital inflows. Gradually flourishing ecosystem, with market capitalization surpassing $300 billion, becoming the world's largest public chain. These are our expectations, purely for boosting morale. Please DYOR 😎
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