Analyzing candidates for the next 'spot ETF'
https://www.tradingview.com/chart/cWZwM23p/
The chart above combines SOL price action, volume, and key-level moving averages over the past three years.
As you can see, while SOL was the most prominent new L1 coin in the '21 bull run, it was the most rapidly emerging L1 coin in the '24 bull run.
Personally, I often look at the chart of SOL to find coins with large expected returns like SOL, but whenever I look at it, I think that I can't go all-in even if I go back to '23.
But at the same time, I realize that there are still opportunities for skyrocketing coins even in large market capitalization coins, and that with a little luck and my own skills, I can come up with an 'another SOL' for for you.
The following headlines are a list of recent SOL-related issues.
June 04.
Solscan “54.7 million new tokens issued in May on Solana network”
May 31.
PayPal executive “Solana, the best network for payments”
May 24.
Skybridge Capital founder “Solana ETF to be ready”
May 23.
Bernstein “ETH spot ETF approval will boost expectations for ‘SOL=commodity’ classification”
May 17.
Solana has the highest daily average TPS...Sui is second
The chart above combines SOL price action, volume, and key-level moving averages over the past three years.
As you can see, while SOL was the most prominent new L1 coin in the '21 bull run, it was the most rapidly emerging L1 coin in the '24 bull run.
Personally, I often look at the chart of SOL to find coins with large expected returns like SOL, but whenever I look at it, I think that I can't go all-in even if I go back to '23.
But at the same time, I realize that there are still opportunities for skyrocketing coins even in large market capitalization coins, and that with a little luck and my own skills, I can come up with an 'another SOL' for for you.
The following headlines are a list of recent SOL-related issues.
June 04.
Solscan “54.7 million new tokens issued in May on Solana network”
May 31.
PayPal executive “Solana, the best network for payments”
May 24.
Skybridge Capital founder “Solana ETF to be ready”
May 23.
Bernstein “ETH spot ETF approval will boost expectations for ‘SOL=commodity’ classification”
May 17.
Solana has the highest daily average TPS...Sui is second
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