$SUI Sharp recovery after a few days of sideways chop.
One of the biggest movers out of the large caps.
Market structure flipped back to bullish on this timeframe. Got to keep making higher highs and higher lows from here on out to keep the bounce going.
There are only 2 networks that matter at an engineering level.
Solana and SUI.
Solana is and will dominate retail markets. Everything will trade on Solana.
SUI will dominate enterprise integration to the digital liquidity and grow to be the liquidity hub Ethereum wanted to be but canβt because itβs not good software.
Nothing else is even close.
The basket is $BTC $SOL $SUI till the end of the quantitative easing and the Miran Cycle.
Technical based take.
Until Market Structure is passed into law these fundamentals will not reflect in the manipulated price action but once fundamentals are the price driver the network effects of these two supercomputers will take over majority of blockchain daily transactions.
Remember this post.
Tom Lee wont tell you about this.
Saylor doesnt speak about this.
Armstrong doesnt speak about this.
Im telling you now. The current internet cannot support the transactions coming with adoption. Only @doublezero have solved this and they started a year ago. This advantage is huge. Perhaps insurmountable if you understand the Lindy Effect.
Main net launches Thursday October 2nd. They will be on The Office Space Friday. Bring questions.
π¨ JUST IN: UPDATED S-1βS FOR THE 9 $SOL ETFβS HAVE BEEN FILED BY FIDELITY, GRAYSCALE, VANECK, BITWISE, COINSHARES, FRANKLIN TEMPLETON, 21SHARES, AND CANARY.
THIS SIGNALS βETF APPROVALS ARE COMING VERY SOONβ
#SOLANA β‘οΈ
DeepBook's open architecture means anyone can analyze, visualize, and build directly with its onchain data.
No gatekeeping. No privileged feeds.
Transparency is the default.
Solana treasury companies now hold 20,921,000 $SOL.
This is almost 3.64% of SOL's total supply.
After $BTC and $ETH, SOL is becoming the preferred choice for institutions.