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No Chain Has Ever Achieved This (Patreon)

Published:
2024-10-09 13:46:05
Imported:
2026-06
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Content

Monthly Active Addresses on Solana surpass 100 million, a new all-time high.

h/t Sanjay for the image

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Comments

Darth Bitcoin

Who cares if some of the new wallets are bots. Bots are used by sophisticated investors. The more wallets there are, the more money flows in. That takes time. Price goes up when the money comes. Sometimes it comes in quick. Some time it comes in slow. Nobody knows when that will be. Crypto is no different than other investments. You invest and wait for the handful of days when the asset spikes. This is a patience game. Traders make money on the short term fluctuations in price. Investors make money in the long term trends when things go up. Asking James when things will go up is unfair. Also remember that SOL is up over 1700 percent since it's lows last year. I have a lot of it. I wish I saw god candles every day but that isn't realistic. SOL is a sound layer one. The odds it goes up from here are good based on the fundamentals. Furthermore, BTC is the sun to which all of crypto orbits. It goes up, most of crypto goes up. Staying up is a different thing. If you need crypto to go up to pay bills or mortgages get out now. If you are in crypto to get more than the real rate of inflation then stay in. My 2 cents.

Sol Purpose
>>151846451

I always appreciate your 2 cents worth, Brian 🙏 (or 2 sats worth as I recently heard here.) 😆

Wrama

Can't wait till the price chart looks like the monthly active addresses one.

Ryan

Unfortunately the price action still sucks ass

Cryptologic

I’ll take my $22 all in to $140 all day. If you were late to the party….try harder. SOL ⬆️

LLL

Is there any public / investable company like Microstrategy but with a SOL warchest instead ?

MGM

At some poont it is only fair a simple fact to be acknowledged. SOL has done unimaginable progres during the last 6-8 months. Most inovative, most efficient, fastest one and at greatest level of adoption. All true! Yet, one thinh is clear - SOL cannot get away from the BTC's shadow. It is not an indipendent player. Cannot appreciate without BTC doing so first. All of these are simple facts, 100% valid for the last 8 months. The sad truth is that right now, no matter what SOL can do, it somply doesn't matter! It objectively has failed to separate its price movement from BTC and therefore failed the most important tests of all! I will gladly and without any hesitation give SOL its due when and if this has changed. Right now it is what it is!

WormF-16
>>151861206

Yeah, I feel the same way. But I do believe there will come a day when SOL, or some other amazing chain, will finally break away and not be so tied to BTC.

WormF-16
>>151860554

Yes, IA mentioned it a week or so ago on one of the videos and there is a Patreon post as well. Can't remember the name, but it shot up when IA invested in it.

LLL

Thx for the reply. If you think of it please let me know

Oksowhat

Despite this sol is under $140. Why? Because owning a coin does not mean u own a piece of the chain or share in it’s revenue