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The "Fat SOL" thesis refers to the idea that Solana's native token, SOL, would accrue value as the network's utility increases, much like "fat" protocols in the internet stack. This thesis seems to be playing out with Solana's significant capture of the L1 fee market, suggesting that as the network grows, so does the economic value returned to its token and stakers through fees and MEV (miner extractable value).

This combination of factors explains why Solana has managed to generate $431M in fees in the past 30 days, capturing 53% of the global L1 fee pool, outpacing all other L1 blockchains combined.

This is NOT PRICED IN!

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EdsVentures

Why the sharp recent dropoff in fees? Is it expected to continue?

Bajabound

What is the price target for SOL in 2025

Chewie

SOL time will come. Folks need to learn patience of investing Those envy TSLA mad 9 days run forget the painful down and sideways too previously

Aibo

I think James most recently mentioned it is maybe heading upward for about 2 to 2.25 x its current value or about $500 plus per SOL projection during 2025. NFA. 🚀

onedollaretc

SOL reminded of TSLA early this year, Jan, March, May til Oct when TSLA price stayed dormant for 10 months, look at it now. BE PATIENT.

Lit Homie

t every rate cut sol pumps hard I think this is it

Oscar Almaraz

So what you are saying is they are making $43mill a month which if it continues will be $5 Billion a year. With a market cap of $100 Billion. If Solana was a company it would have a PE of 20 and earning 5% profit based on its current market cap.. Considering Solana has only just started and crypto adoption is somewhere around around 1-5% I can see a very very bright future and a share price much much higher coming.

Ozzy Vis

Why is Solana struggling so much am I missing something??

Pvo

We’re going to post NEGATIVE Dec in the year of halving?!!! nuts

Fairplay

I swapped a btc for sol at around 225 . Kinda when everyone was going wild on the sol perps James included ! It’s not easy watching btc go to 107000 am my poor sol falling However I am hanging on and have a tiny little bit of confidence that it wil hit All time highs again this yr . Xrp and Sui haven’t helped either !!

Good Will Hunting

Instead of tracking how much SOL does I would like to understand the changes as in which other coins are catching up or gaining favor, like Sui, base, eth