This bottoming formation on $BRETT looks just GIGA bullish.
We swept extreme Liquidity and are forming a nice bottom on 12h.
+USDT.D Confluence
+BRETTUSDT/BTCUSDT Bottomed
+BRETTUSDT/TOTAL Bottomed
Good time to buy some Spot.
Or go into longs if you get a good Setup.
$Brett is also following a scenario that we have already seen👀
We will break the previous ATH and $Brett will easily reach 10 billion
It doesn't matter when it happens, it will definitely happen
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crypto is full of speculation
solana scales crypto
so, solana scales speculation
it's easy to fixate on the negative aspects of this ("hurr durr memecoins"), but there are important positives
we're seeing these play out right now, and they're happening so fast that they're hard to notice:
i) unparalleled performance and battle-proofing
ii) extremely rapid iteration on market structure and defi competition leading to better and better trading
everyone already knows about solana's performance but I suspect they're not aware how fast solana is improving upon itself
in the past few weeks alone:
- solana has increased blockspace 20% (with plans to double it)
- TPS has been up and to the right for months (with reverted txns going down and successful txns going up)
- frankendancer and doublezero have been gaining adoption rapidly
- we hit 104k TPS *burst* on *mainnet*
- median fee volatility has remained remarkably consistent (meaning users and apps get better UX and economics)
coming soon:
- finality getting 80x faster to just 100-150ms
- jito's bam enabling app controlled sequencing and private pre-execution txns
- helius shreds and new archival system speeding up reads across the network
- ptoken
there is simply nothing that comes even close to this right now
but we already know that solana = speed + scale, so I posit that ii) is the real underdog here and it is not something people have awaken to yet
Solana DeFi is getting better, extremely fast
look at the chart below — the volumes for SOL-Stables went from being dominated by 3 DEXes to ruthless competition between 9 of them
you can now get better pricing *onchain* than an actual CEX, spreads are literally less than half a bp
read that again ^
you have prop AMMs rising up and market making getting much more competitive; same with tg bots, trading interfaces, launchpads, searchers, and even routers
you have teams IPO'ing on the NASDAQ and receiving stables on Solana
teams are surpassing trillions in volumes, ATHs in TVL, and continue to lead all apps in crypto in revenues
where is Coinbase expanding to after adding support for their own chain for their new trading focus? Solana, the reason is obvious
and this is not to mention the countless teams who've started expanding to Solana or are silently starting their startups on Solana after seeing what's possible with teams like pump, bonk, axiom — or the upcoming DATs and institutional partnerships
all of this, going into Solana Breakpoint, where teams start sprinting faster and faster, partnerships ramp up, and attention spikes
if you want to have a sizeable impact on the future of global trading and internet markets, come join us on Solana
the kanye launch showed once again that solana is the best place to launch a coin for massive retail adoption
this scale would break almost any other chain, while their protocol, infra providers and frontends scaled smoothly
we're ready for internet capital markets
Always like seeing founder data from Alliance:
- 84% of applicants built on Ethereum or Solana
- Solana above 25% for first time ever
- For the Ethereum builders, Base starting to dominate
- Polygon and Arbitrum are most popular L2s after Base
- Africa growing (slowly)
Not too surprising but still interesting.
Bullish just made history with the first IPO settled in stablecoins 🔥
The vast majority of these $1.15B stablecoins were minted on Solana.
Wall Street, meet Solana.
So shameful and spineless of @BBC. You've lost all respect and all claims to truth telling during this, the supreme moral test of our lifetime. The largest mass slaughter and ethnic cleansing of civilians in modern times is under way and you are too timid to show a documentary you yourself commissioned from some of the country's most acclaimed award-winning documentary makers. Utterly shameful.
In addition to Gaza, we must also stay focused on the terrible situation in the occupied West Bank.
Annexation is illegal.
Settlements are illegal.
Only a two-State solution can deliver sustainable peace:
Israel & Palestine living side-by-side in peace & security.
Just to put this out there with clarity: Robbie Gibb, who is responsible for turning the disgraced JC into a right-wing Pro-Netanyahu propaganda rag, is one of five people - including the Director General - on the @BBCNews editorial guidelines and standards committee. It’s on the BBC website.
Minutes of the last meeting show they discussed complaints about Israel/Gaza. Quite apart from the fact he is not remotely impartial on the Middle East, how can the owner of a paper with such poor journalistic standards have a role over the BBC’s?
Robbie Gibb gets to censor the BBC's Middle East coverage. He needs to resign today.
https://t.co/SnaJNlkH8w
How is it that profoundly compromised pro-Netanyahu @BBC staff like Robbie Gibb & Raffi Berg are allowed to remain while those like @GaryLineker,who bravely speak out against the mass starvation & ethnic cleansing of Gaza, in line with @amnesty@hrw and @CIJ_ICJ are told their position is untenable? Why so spineless @BBC Director General Tim Davie? Isn't the point of the BBC to protect free speech and to speak truth to power, rather than cave in to populist bullying? How the great BBC has fallen under your cowardly watch.
The camera man sprinting to the scenes…
Onien racing off in front of him…
Neil and cirkin in the crowd…
Jobe brought to tears smashing the beach ball, bent style.
This is the angle of all angles, the Stadium of light 💡#SAFC