Solana Weekly #62 - Memes and Dreams

What’s up everybody, it’s Thomas Bahamas and you are here for another episode of Solana Weekly where we discuss what has been going down on Solana in the last week and try to figure out the long term implications. Sol Price: 189.92 - up from 163 last week, but it sure doesn’t feel like it. Sol Eth: .05379 - The eth maxis in disbelief as this chart mooned.Sol BTC: .002824 - this is on an uptrend and we love to see it. Bonk Market Cap: 1.5 billion.Solana Price at ATH while the network struggling is also at ATH is something that’s happened before. To the market:Meme coins have taken center stage on Solana and have gotten out of hand. FDouble standards of reporting - Solana reports are terrible saying how congested it is, where on Base fees are bullish for demand, it’s insane. Defi: Kamino points to an end soon, Parcl points ending soon, I think it’s about time we get some more tokens dropped and it seems like that’s the case.BonkRewards are coming in thick.NFT's: Dead, bloodbath for NFT’s on Solana right now, if you believe in Sol NFT’s, here’s your dip.Bitcoin NFT’s are popping off, thats right it’s ordinal season.Protocol of the week: Flexlend - if you have stables, throw them in there and watch the 10-20% yields flow. Token of the week: I could say a memecoin, but I think I’m going to stick with Solana itself, we saw a 160-212 candle, I didn’t expect that level of volatility, but this is what we see in a bull market and I’m here for it.As always, thanks for tuning in, like, subscribe, and leave a review if you found this useful. We’ve got a crazy few months coming up and let’s make sure that we get the most out of it. Looking forward to next week, make sure you all get your taxes in and your stables out.Airdrop checker:https://solana-airdrop-checker.solworks.dev/Solanaweekly.io This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit thomasbahamas.substack.com