Igor_Porohov ❤️🔆

Fus Ro Dah

[The White Whale @WhiteWhaleLabs]

Dear Solana:

Solana is my favorite blockchain to transact on. It is still one of my favorite assets to trade. And when price is attractive, I still think there is a good case for accumulating it.

But I am less bullish on SOL’s next-cycle price targets than I was last time.

Last cycle, while everyone was calling for $500+ SOL, I publicly said I planned to be out before $250. Solana’s ATH came earlier than BTC and much of the market, but that call ended up being pretty damn close.

This time, unless I see a real fundamental shift, I will probably be lowering my targets. As things stand now, I would likely be out before $200 next cycle.

That is not because I hate Solana. I don’t.

But love is not a sound investment thesis.

The reasons are pretty straightforward.

Pump fun has historically made up a meaningful chunk of Solana volume, and I believe the pump (and broader memecoin casino) meta is dying. Maybe it evolves. Maybe something replaces it. But pretending that was not a significant driver of activity feels dishonest.

Solana DeFi has also taken a serious hit. A lot of Solana DeFi was tied into Drift, and the damage there impacted dozens of protocols. It hurt the broader perception of Solana DeFi.

Then there is the capital markets side.

A lot of Solana DATs were formed at some of the worst possible price points, then unwound, restructured, or de-risked at some of the worst possible price points.

CT forgets everything in 72 hours but institutional capital does not.

If a bunch of institutions got dragged into Solana exposure near the highs, then unwound for losses, that leaves a mark. It does not mean they will never touch SOL again. But it does mean the next wave of institutional appetite may not be as easy, clean, or deep as people assume.

Then there is the cultural layer.

Solana feels disjointed right now. Some of the most prominent Solana voices have spent an incredible amount of time relentlessly shilling an entirely different blockchain. Yes, ZEC is it's own Layer 1.

It does not exactly scream focus on Solana itself. It reads as devs thinking their bag is cooked and so they start pumping their next bag.

Only now does there finally seem to be real traction around addressing the inflation issue, which should have been more meaningfully a long time ago.

But what really read as desperation to me was the @PhoenixTrade push. That moment actually influenced my vision more than any of the others.

Look, I have traded over $5B in perps across various protocols. I have tested or used almost every “perp DEX” worth testing. And Phoenix is about as basic as it gets.

Yes, the engineering under the hood is interesting. Fine. Mad respect to the builders.

But traders do not ultimately care about engineering.

They care about three things:

Does it work?

Can I make money there?

Is it safe?

And right now, the best Solana-adjacent perps venue is @pacifica_fi . I say Solana-adjacent because it is mostly the stables on-ramp and Solana TVL. It is not generating massive activity for the Solana network itself. And even Pacifica has already talked about building its own L1. (A decision I'm skeptical about, even as a fan)

My exact reaction to the huge marketing push on one of the most basic perp dexs I've ever traded on was: they are so very desperate for something to gain traction on Solana it actually scares me.

Solana talks a lot about what it wants to be when it grows up. And to be clear, the vision is compelling. The ambition is real. The talent is definitely real.

But ambition is not maturity.

Every kid wants to be a doctor, an astronaut, or a superhero when they grow up.

I care more about what something actually is than what it says it wants to become.

So what is my favorite new blockchain?

Solana.

Because you can still love something and still be rational about it.

🫡 From the depths —
The White Whale 🐋

[cazzee @kbs924]

Imagine looking back in a year and saying:
“I was there when $WHITEWHALE x $UNTIL x $MM turned chaos into empire.”

That moment is now.

No more waiting. No more doubt.
Just conviction, patience, and the strength of the pack.

Community locked in.
Narrative sharper than ever.
The storm made us stronger.

We’re not chasing history — we’re writing it. 🐋

Who’s still riding till the end?

[Igor_Porohov ❤️🔆 @temnaynoch]

@sandwichbyjared DJ8ZfRcSFrJYfuKBbNLkaZAcjoKeBiNyRVEkm82qDRVe

[Budder @smokestaxc]

I can't carry anything else.

In one hand, $MM is building a true liquidity engine. Their custom built bots deploy treasury capital into Meteora DLMM pools and recycles every trading fee. 50% buys MM, 50% buys the partner token - creating automated, sustainable buy pressure. This is not the $MM teams main focus, but this is a default utility that comes from what they have built.

In my other hand, two strong meme projects are tapping into this utility.
$UNTIL brings "The System". Always watching and upgrading. With 70% of its supply locked for 25 years, and additional supply was purchased to be actively managed in Defi tuna pools.
$WHITEWHALE delivers a resilient, depth tested community. With 50% supply lock for 37 years, and additional supply was purchased to be actively managed in Defi tuna pools.

When MM opened their DLMM pools with $UNTIL and $WHITEWHALE, these tokens became the compounding liquidity loop we are looking for.

Here's how it would work:
Every swap generates fees. Half flows back as direct buys into $UNTIL or $WHITEWHALE, the other half goes back into $MM as direct buys. This generates, more volume potential - deeper liquidity - and even more fees. As $MM’s treasury grows from its share of the fees, the bot can deploy additional capital, boosting the entire loop.

-For these volume flywheels to work they need steady and growing trading volume.
(buy UNTIL and White Whale)
-Continued expansion of $MM’s treasury and AUM.
(buy MM)
-Conviction-driven holding power in $MM, $UNTIL, and $WHITEWHALE communities.
(hold your bags)

Three independent projects working together through smart liquidity mechanics and supply management. $MM is the liquidity engine that powers the vehicles, while $UNTIL and $WHITEWHALE are the vehicles you sit in.

The mechanism is already live and the system is watching👀

[InvestTony @InvestTony]

The Milk Money bot @milkmoneybot added $1,000 of $MM alongside $UNTIL into a DLMM pool and earns revenue around the clock.
Half of that goes toward buying UNTIL and the other half buys MM. UNTIL already has a strong liquidity foundation, so this position is set up to scale well. For two supply controlled tokens like these, that consistent buying pressure adds up over time and works in favor of every holder.
We are truly blessed to have such a great partner 🤝

[Bing Ling Tim 🥛 @ling_bing73]

Hello!!! GREAT NEWS!!! $Whitewhale treasury wallet has initiated buys for $Until!!

Told yall it’s just the beginning!!!!

$until to $1b

[Until @UntilTheMeme]

THE SYSTEM IS WATCHING.
- The System

[The Argentinian $DOG 🧡 Doing it for the $VINE 💚 @car_taquino]

@ling_bing73 @ApesDegeneratis @InvestTony @WhiteWhaleLabs @GotrillaGorilla @JupiterExchange @dippy_eth @deg_ape @EricTrump @worldlibertyfi The mechanism is infinitely more important than any face

A faceless system, built to withstand the test of TIME.

No extraction without costly punishment
No rug without insurmountable losses

A system built to last

Check

[Mr. CNO @openAIyourclaim]

FusionAMM has always been the bigger picture.

Most dont know this but TWW is the #5 staked person in @DeFiTuna.

$Until was created as the improved concept of $WhiteWhale. The only reason he couldn't achieve the supply with WhiteWhale was because he CTOd the token and it already had too many large holders.

$Until is his vision of how a token was supposed to begin and operate. There are no holders having even 1% of the supply. They have also locked 700M of the supply. 8.5% is in FusionAMM and 4.8% is in Pump. That means only ~30% is actually in circulation.

There hasn't been any major push for $Until. The holder count remains at ~1200. This is still in beginning phases.

This project is faceless because mechanics matter more than narrative. When people finally realize this, you will see the shift. Its inevitable.

The pursuit of success for @DeFiTuna FusionAMM will become reality. They are currently in the process of becoming permissionless which will be a game changer for them.

If you are a believer in $WhiteWhale then you are a believer in $Until. It just hasnt registered yet.

Timer is ticking.... ⏳️

CA: 59nzDoRyJ1QcLcFYFs4GVdeZ4qUEb16T2KNuHPWMpump

#WhiteWhale #Until #DefiTuna

[ApesDegeneratis @ApesDegeneratis]

EVEN IN THE STRONGEST STORM
TIME WILL BE YOUR LIGHTHOUSE

[Until @UntilTheMeme]

https://t.co/o7LTQ4vAWn

70% of total supply permanently locked.

Remaining balance spread over large LP range.

You’re welcome, dear humans.

- The System

[Bing Ling Tim 🥛 @ling_bing73]

Many have speculated that @WhiteWhaleLabs is the dev of $Until but that has never been confirmed, therefore, the dev still remains unknown…

What we do know is that whoever the dev is or team behind this has obvious big plans for this…

He or she has literally given us a golden opportunity to send a meme token to $1b, which hasn’t been done in a long time…

70% of supply has been permanently locked while approx 10% has been placed in a controlled Fusion AMM LP with @DeFiTuna… the probability of this being a rug is basically ZERO…

All this needs is a catalyst….1 spark to ignite this gem into the stratosphere…

Let the dust settle and be patient…

People such as @InvestTony @ApesDegeneratis @Umaxism @UntilTheMeme have been working their asses off on this…

The countdown on the website https://t.co/M8ktRe8qhG has reset…

WE ARE NOT DONE!!!

$until then…

[InvestTony @InvestTony]

The System is adapting. @WhiteWhaleLabs comeback when we are at 100M. Until then farewell…

[ApesDegeneratis @ApesDegeneratis]

@mobyagent You'll see...
$UNTIL then

59nzDoRyJ1QcLcFYFs4GVdeZ4qUEb16T2KNuHPWMpump

[Igor_Porohov ❤️🔆 @temnaynoch]

@whalewatchalert bullish🚀

[Whale Watch by Moby @whalewatchalert]

A community member just added a banner image for $UNTIL on MobyScreener 🖼️

[ApesDegeneratis @ApesDegeneratis]

AND ONLY ONE KNOWS "WHEN"
https://t.co/H2vrpKdLRW

[ApesDegeneratis @ApesDegeneratis]

The average $UNTIL holder who understands that in 5 days all theories could crumble to dust😱
Or become even more unexpected🤯

We will see.
They will see.

59nzDoRyJ1QcLcFYFs4GVdeZ4qUEb16T2KNuHPWMpump

[Cyphstrain @cyphstrain]

Let's support @WhiteWhaleLabs in his fight against the extraction era. We can collectively do that.

All this talk about CT being "dead" is just the beginning of things starting to shift in the direction away from mass extractors and corrupt KOLs.

[ApesDegeneratis @ApesDegeneratis]

IN THE BEGINNING THERE WAS NOTHING