Is Solana Done For This Market Cycle?
Update: 2025-02-18
Description
Join Matt and Simon as they discuss the current state of the crypto market, focusing on Bitcoin, Solana, and altcoins. They analyse market sentiment, the impact of institutional investment, and the rise of tokenisation.
Key Takeaways
- Bitcoin (BTC) slightly declined in price as dominance remained at nearly four-year highs above 60%.
- Solana (SOL) has had a rough few weeks, with sentiment turning sour and price falling. This is partially due to multiple high-profile token launches extracting several millions of dollars from the community. The most recent of these launches was tied to Argentine President Javier Milei.
- Other altcoins discussed in this episode include Ondo Finance (ONDO), Uniswap (UNI), Lido (LDO) and more.
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