Solana Weekly

What’s up everybody, it’s Thomas Bahamas and you are here for another episode of Solana Weekly!Prices:Sol Price: 168.93Sol Eth: .045Sol BTC: .00245Regulation wins everywhere!Trump crypto army beating Elizabeth Warren anti crypto army.Sol gets liberated from ftx estate owning any of it. RIP to Harambe and now to Kobasu the Doge dog. We got an Elon tweet, I mean what else do we need for the market to freaking rage?I’m long, I’ll be patient.Sphere- introduces a sick off ramp where you have a sort of wallet for your bank account.Wallets: Squads has released an early beta of Fuse their smart wallet.NFT’s still dead, everyone still looking for the next 100x memecoin and longing Eth and Pepe. Get full access to The Dramas of Thomas Bahamas at thomasbahamas.substack.com/subscribe

What's up everybody it's Thomas Bahamas and you are here for another episode of Solana Weekly. This is a special one because it's the infamous number 69!Roaring kitty is back, meme stocks are back, 23,000 meme coins being created a day on Solana. Wall street bets tweets about Solana Summer constantly, is the great forever cycle of memecoins upon us?Solana Price: 153.14 SOLETH - .05150 - we're back.SOLBTC - .002359- looking solid.Gambling.The CPI numbers look good.I think we are seeing the divide between the older cycle winners and the next generation. Donalt vs the bulls. Solana generated more Transaction Fees and MEV than Ethereum in a single day.Information diets. Trying to build a Wall Street journal for myself for what’s going on in Solana and what I’ve done.Solana users have been the winners of this market so far. Poker to crypto strategies: sizing, being at the right table, knowing when you’re the sucker, pvp in NFTs and how none of that transfers to memcoins.A day in the life of a manlet: have we crossed into real life use cases? Get full access to The Dramas of Thomas Bahamas at thomasbahamas.substack.com/subscribe

What’s up everybody it’s Thomas Bahamas and you are here for another episode of Solana Weekly! Let’s dive into what’s been happening and see where we are going. We got a lot to cover from new government regulations and wells notices to Trump pumping our bags over to the latest in airdrops.Prices not really too interesting as we’ve been in the same range.Solana at 147.SolEth at .049Solbtc at .0237Government insanity. Trump went full pro crypto.Meme coin cycle is insane now.15,000 spl tokens being created daily.Dicki coin adventures and the future of these memecoins.Alpha is on Telegram and not Twitter now. Price targets and where to sell? Integration with usdc and stables as a massive competitive advantage. Zeta markets with the airdrop newsGmx coming to sol, big perps dex from arb.VanEck launched a Meme Coin IndexFTX claims coming out. Fav protocols: Lulo and Moonwalk.Flexlend is the easiest and best way to get yield on stables. Cycle between protocols that have the highest hourly yield without doing anything. Get rewards for any defi protocol offering them.Moonwalk is unstoppable.Airdrops: drift soon, sanctum points pumping, Magic Eden. Get full access to The Dramas of Thomas Bahamas at thomasbahamas.substack.com/subscribe

What’s up everybody, it’s Thomas Bahamas and you are here for another episode of Solana Weekly!Sol Price: 143.21 - down $16 from last week, but not bad considering we tapped below $120. Sol Eth: .0468 - down a little bit from last week, but still strong.Sol BTC: .00231 - down a bit from last week. Bonk Market Cap: 1.8 billion and on the rise!Overall take on market: Recovery mode still, feels euphoric. Seemed like everyone was very ready for everything to nuke and overestimated it.Memes on top - we saw a bunch of 3x’s in meme coins and it’s beautiful to see. They just aren’t going away.Wif vs Bonk and the influence of influencers. Defi: Kamino dropped it’s token.Drift airdrop coming out soon, looks very promising.Friendtech/eigenlayer dropped their token and it seems like it didn’t go too well.Sanctum - awesome and fun.Degods back to Solana.NFT's still remain dead. Get full access to The Dramas of Thomas Bahamas at thomasbahamas.substack.com/subscribe

What's up everybody, it's Thomas Bahamas and you are here for another episode of Solana Weekly! Sol Price - 159 - down 8 from two weeks ago, but it feels like we went to 0 and back.SolEth - .0492 - Up a tiny bit.SolBTC - .00238 - dipped.Bitcoin talk.Madness of the mediaAirdrop talk.Monad - seems bullish.Multichain future talk.Sanctum and LST’s are picking up steam.NFT’s still seem to be dead but that’s how it always seems at the bottom.Thank you for joining in, I’ll catch you next week. Get full access to The Dramas of Thomas Bahamas at thomasbahamas.substack.com/subscribe

What's up everyone, it's Thomas Bahamas and you are here for another episode of Solana Weekly! Sol Price - 167.88 SolEth - .04850 SolBTC - .002412 - dipping here, BTC dominance growing.Tensor drop - Let's go, tons of liquidity released on the market. Trading at 1.30, was as high as 1.80.Airdrops soon:KaminoParclSharky just released their token to Madlads and even included gen 2 Monkes! Let's go, token trading at $2 and we got 370 worth. I'll take it.Marginfi drama.SMB’s getting life, 0% royalties look good on them I guess.Sanctum continued, they tease wonderland and LST’s in general are blowing up.Jup is releasing their own and is distributing all rewards with 0 take, so I’m looking into this more. Also helius is doing the same thing but native stake.Uniswap lawsuit - crazy. Wells notice Get full access to The Dramas of Thomas Bahamas at thomasbahamas.substack.com/subscribe

What’s up everybody, it’s Thomas Bahamas and you are here for another episode of Solana Weekly.Sol Price: 175.98Sol Eth: .05223 Sol BTC: .0025 Overall take on market: Volatility is here. Ups and downs - 205 down to 170's is a pretty big range, we’re sitting at the bottom of that range and I’m buying. To the market:W Token - We got the Wormhole airdrop. Hot dog token taking over. Sanctum - INF lst token, potential airdrop. Holding a good amount in this because the yield is over 10% without any leverage.Zeus airdrop today, nim airdrop coming soon, kmno releasing the amount of tokens you get with a pre release price of $.15/ token. I found out that I have something like $500 at this rate and demand a recount.Ores - proof of work mining and crushing the network.Count down to halvening - under 20 days, historically we’ve seen over 10x’s after this event, how do we play it?1.18 features being released.NFT nyc - send wif to 0, no one went to their party and the dancing was amazing.Degraded performance - we hate it, it’s coming back.Sbf sentenced to 25 years. Crazy, but you think about all the damage he did to people and yea. Get full access to The Dramas of Thomas Bahamas at thomasbahamas.substack.com/subscribe

What’s up everybody, it’s Thomas Bahamas and you are here for another episode of Solana Weekly.Sol Price: 188.79Sol Eth: .0522 Sol BTC: .0026578As always, thanks for showing up and let’s have a great week. Get full access to The Dramas of Thomas Bahamas at thomasbahamas.substack.com/subscribe

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 Get full access to The Dramas of Thomas Bahamas at thomasbahamas.substack.com/subscribe

What’s up everybody, it’s Thomas Bahamas and you are here for another episode of Solana WeeklySol Price: 163.15Sol Eth: .03943 - down a bit. Bonk/BTC: 2.39 BillionOverall take on market: It's hot. BTC has just been coiling at ATH, about to shoot up, the BTC memers have reached mainstream, Saylor is destroying cable news calling people that save in fiat POOR, the top 30 meme coins are on Solana, meme coins are getting shilled on live tv. This is only the beginning and I'm tingling thinking about the upcoming 10x. Very pre rich.solanaweekly.io Get full access to The Dramas of Thomas Bahamas at thomasbahamas.substack.com/subscribe

What’s up everybody, it’s Thomas Bahamas and you are here for another episode of Solana WeeklySol Price: 128.72 - pumping and yes we fill that wick above 140 today.Sol Eth: .0335 - fairly flatSol BTC: .0019185 - down a bitBonk Market Cap: 2.1 billion!Bonk/BTC: 2 billion - will continue to go down.Overall take on market: Up,Bonk!!! - Memecoin of the year on Coin Market Cap. That's right, we hit ath and I can only see it going higher.Quick Coinbase rantSpeaking of USDC, the demand for stables is insane right now. There are literally yields of 50% that are easily accessible. NFT's: Down on my SMB purchase, ahh the old feeling of being underwater on my monkey jpeg. Quekz - removed points from Tensor and the floor price has only been flat or up.Wallets: Magic Eden's wallet is coming out as the best way to bridge between Sol, Eth, and BTC. More and more bullish Magic Eden even though I don't use it.Protocol of the week: Still Moonwalk.Been diving into Access Protocol, Solarplex, Discover, Farcaster and think Friendtech will come to Solana.Token of the week: Bonk - does it even change?The power of Mert Get full access to The Dramas of Thomas Bahamas at thomasbahamas.substack.com/subscribe

Not sponsored by Bonk, but brought to you by Bonk.What’s up everybody, it’s Thomas Bahamas and you are here for another episode of Solana Weekly.Sol Price: 130.38Sol Eth: .038Sol BTC: .00209- BTC is crushing hitting 64k.Bonk Market Cap: 1.3 Billion! and Bonk is just not stopping!!!Overall take on market: HOT. Can't stop, won't stop. Positioning for the bull market and what to do now? If you’re in the right bags, it’s time to sit back and enjoy.Airdrop farms: Basket fi drop is live. Still got my eye on Kamino, Drift, Magic Eden, Tensor, Marginfi, Wormhole, Meteora.Ordinals are Heating up, bought a wizard, sold a wizard. Don’t understand it.Protocol of the week: Moonwalk Token of the week: BONKDog wars of Solana!? Security chat- no links, hardware wallet, multisig, be safe out there folks.If you’re going to sell your coins what are you going to buy? Tradfi always looks so toppy.Starting to see more desperation irl.Banks aren’t leaving, spent some time in them and as long as boomers can go in and hassle zoomers for checks they will be there. Get full access to The Dramas of Thomas Bahamas at thomasbahamas.substack.com/subscribe

What’s up everybody, it’s Thomas Bahamas and you are here for another episode of Solana Weekly.Sol Price: 104.14 Sol Eth: .0357 Sol BTC: .0020 Sol Per BTC: 490.Bonk/BTC: 4.4 billion.Backpack exchange: welcome to the party USA! That’s right, we got access to backpack and I’ll be taking my centralized exchange business to backpack. Lad's doing amazing over 200 Sol floor and talks of a second collection and it seems like there are some being inscribed as ordinals on BTC?They are also rumored to be getting a fat drop from Wormhole, I saw that today is a Wormhole Wednesday, so maybe we see some airdrops soon?Depin: Helium has released Multi Factor Authentication - doesn't sound like that big of a deal, but adds an authenticator to your account which could be massive in stopping hackers from getting into your accounts.Defi: Use airdrops to combine with other airdrops to receive more airdrops. NFT's: NFT market broken with farmers. I couldn't take it anymore and bought my SMB Gen 2 back. Crypto Undeads seem to also be looking into this and I scooped one for the culture.Wallets: Potential issue found on Phantom? No confirmation.Protocol of the week: Moonwalk! That’s right we’re walking on the moon b*tches. Forculus released a beta of his new health app that’s taking the world by storm. Get full access to The Dramas of Thomas Bahamas at thomasbahamas.substack.com/subscribe

What’s up everybody, it’s Thomas Bahamas and you are here for another episode of Solana Weekly where I will be breaking down the last week in Solana and the long term implications. Sol Price: 118.10 - pumping and up over $20 from last week. Sol Eth: .04261 - fairly flat, Eth has actually been moving and it's healthy.Sol BTC: .00226 Flat as well, we love to see this. Sol Per BTC: 441Bonk Market Cap: 1.28 billion and growing. Bonk/BTC: 3.8 BillionOverall take on market: Looking great. Woke up this morning to green candles everywhere and couldn't be happier. BTC leading the charge, but ETH and SOL also following along and SOL still outperforming.Depin: HNT up over 9.30 and they just released a big partnership with Google where they are giving yearly plans away with the purchase of a new phone, or discounted plans and hotspots. Defi: Great opportunities are still out there. NFT's: Nothing crazy, thinking about live event season.Protocol of the week: Bonkrewards.com - locked up over a billion Bonk here with most being at a 6 month lock up for 2x the rewards.Token of the week: Bonk - I'm so bullish on bonk. Other news: Taxes coming up, our man Crypto Tax Sucks is running out of time to get things done in time, reach out sooner than later.Closing thoughts: The importance of figuring out what type of market participant you are. Everyone thinks they are a trader or nft flipper, but take a look back and look where you made the most money, or where you spent the most time. That does it for this week, I’m hoping to see Sol over 140 and Jup over $1 next week, thanks for joining, this is Thomas Bahamas. Get full access to The Dramas of Thomas Bahamas at thomasbahamas.substack.com/subscribe

What’s up everybody, it’s Thomas Bahamas and you are here for another episode of Solana WeeklySol Price: 100.73Bonk/BTC: 4 billion.Dymension drop - massive airdrop that is crushing right now.Depin: Moving my main line over to Helium, f it we ball. Defi: Defi is so hot right now, it's alive and popping. NFT's: Called for strength last week, but we aren't seeing a rotation. Copium - this is an amazing project. (Amazingly bad? probably.) Also Magic Eden just dropped a wallet.Protocol of the week: Gotta be Jupiter, easy one.Token of the week: Jup, it's all Jup. Crazy week on Solana and I hope that you caught the drops and are joining me in farming more. I created a website at solanaweekly.io where I'm hosting these podcasts and would like to ask you to check it out. Get full access to The Dramas of Thomas Bahamas at thomasbahamas.substack.com/subscribe

What's up everybody, this is Thomas Bahamas and we're back with another episode of Solana Weekly. Not the week I expected, with talks of the beginning of the bull last week, ETF released, and the market reacts by viciously dumping. We'll dig into why that happened and what else we have going on in these times of acceleration on Solana.Sol Price: 86.12 - with a crash down to $78SolEth: .03891 with a crash down to .035SolBTC: .002167 with a crash below .00205.Overall market sentiment: you look at this last week and we went from over $100 Solana down over 20% and think that this must be a bad trend. My friends, we must simply zoom out. The etf was in fact a sell the news event. Presidential campaign: Biden has to pump the bags in order to get re-elected or put some sort of positive spin on his political party.To the happenings of the Solana market:Paypal releasing their stablecoin on Solana. I see huge potential here, almost like a way to back into using crypto through traditional rails. Think pay with paypal, but you use their stablecoin. Use those couple hundred dollars you have sitting on Venmo to send direct to your crypto wallet. You can do that with Eth now, but I’m suspecting that you can do this with Solana soon and this could be the start of something big.Drift releasing token/ pointsJupuary madness keeps going - mock jupTensor- nft perps or something like it. Sujiko warriors also launched from the same guy that launched the solana airdrop checker.NFTs - both misunderstood and undervalued per the man himself - loomdart:Helium just launched in Mexico with a huge partnership. Is this getting to mass scale? I think so.Meme coin’s aren’t going anywhere, I tried to fade most but i actually just think they are going to crush now. Some of my fav are the Stanley cup, bib, Wif - the dog has a hat.Bsktfi is something I’m kind of obsessed with right now as well, Solana, Eth, BTC and the latest meme tokens of Solana all backed in one token with insane farming incentives. Seems like a lot of chads are in it, still need to do more research, but I’m in.Wallet talk - Backpack has been putting in some work and it’s performance is excellent. Get full access to The Dramas of Thomas Bahamas at thomasbahamas.substack.com/subscribe

What’s up everybody it’s Thomas Bahamas and you are here for another episode of Solana Weekly. It’s the bull market and we are in full swing with the Crypto Undeads hyping up the NFT market and selling out a 10k pfp instantly, sol is looking great, and yes Jupiter’s airdrop is on it’s way at the end of the month. We’ve got a lot to cover and it seems like Franklin Templeton with Trillions under management have hired an intern and have taken to pumping our bags on Twitter. I’m loving it and we’ll dig into all of these and see what we need to do to prep for this bull run. Sol Price - $101.78 up a small amount from last week, but not quite out of this consolidation. $140 is the short term target with not much in the way after that to $200. SOLETH - .04022 - kind of chopping here which is good, we’ll see this go up more. SOLBTC .00238 - not bad, not bad at all. The BTC ETF has been massive, tons of flows, some of it out of GBTC to other ETF’s but it’s something like 4.5 billion dollars worth of flows and all of this will be positive for our space in general. I’m hoping this leads to my ETHE pumping more and would love to unwind that position. Crypto undead NFT drop - 20 sol, down to 11, then we go to the absolute moon? Got me all excited, can't tell if it's a rug or a moon, the drop of tombstones wasn't cool, but I'm ready and my bags are packed. Either way I think this is getting some hype to NFT's on Solana and would love to see this go to the moon. New Solana phone! I aped the 2nd Solana phone, slightly cheaper, and maybe it will be slightly easier to use. Either way seeing how the first phone went I think it financially made sense and I want to keep supporting them. Even if it flops and we don't get 10k airdropped right away, it will be a great hardware wallet. Helium- added a new line, can't get over how good this is. Mockjup dropped and Jupuary is getting me all jacked up.Bull market prep-Sleep is still necessary. Health is still incredibly important, both physical and mental.Shiny objects go up and down.You don’t need to hit them all.Keep your high conviction and most your portfolio in those and keep them untouched. Set targets - whether that’s sell limit orders or alerts on trading view, have a plan and execute Cobies triangle.People always buy too quick on the way up and sell too slow on the way down. Take some profits. Couple % here and there. Life changing money - take it out, most people start acting very irrationally with access to too much $ so quickly. Chart your largest holdings vs Bitcoin not usdc. Curate good news inflow and actually do research if you’re going to put a good chunk into anything. Motives of people are to make money, bag shilling will be everywhere and will be tempting. Don’t click links - scams will get better. Froth at the top will feel like you can’t miss. You will never catch the exact pico top or bottom. Just get near it and you’re doing better than most. Understand your strengths and what got you here. It likely wasn’t high leveraged positions or wild meme coins, holding strong coins for a while usually does it, the rest is just distraction.All That is advice I’ve accumulated over the years and am hoping to take with me into battle. We have a massive opportunity on our hands and are still early. My plan is to stake and hold Sol, target is $400. Hold bonk until 10 billion mcap, probably won’t make this the whole way. Increase sol holdings through other sol tokens listed on Coinbase. Hold jito, hold jup. I’m probably going to not get too deep into NFTs, or at least try not to. Maybe some presales and I’m really looking at the Kanpai Pandas as a long term play. But I hold the Quekz, Famous Foxes, and few others I have. At the end of last year my tax guru said rather than tax lost harvest, just get rid of any NFTs you don’t want to hold. If you can’t sell them, burn them. This kind of changed my mind about the nft game and makes me just want to hold quality and not care about flipping as much. Please do reach out to the man Cryptotaxsux on Twitter if you also are confused with the state of reporting taxes. He saved me a ton of stress and does amazing work. Other than that looks like SMB Gen 2's are downbad, hit 70 sol and sitting around 75 right now with gen 3 at 7. I had a hilarious thought that gen 3 would flip gen 2. Not going to happen, but I bet the ratio goes up from 1-10 to something like 1-5. Think about it, you get all the perks of the gen 2's and none of the downside. You don't have to vote or see the gen 2 chat, it's 1/10th the cost, the team got fired, art is better, supply got reduced from 15k -10k, and you don't have a massive investment in the hands of a group of people that are working against themselves. Let’s have a good run here and get that bread. Get full access to The Dramas of Thomas Bahamas at thomasbahamas.substack.com/subscribe

What’s up everybody! This is Thomas Bahamas and you are here for another episode of Solana Weekly. Barry said it’s going to be a big week and is finally right, we are getting legitimized.Let’s take a look at how a BTC ETF will impact our bags, the btc price, the whole crypto ecosystem, and how we set ourselves up to benefit off of it.Sol Price - 97.13 and looking like it's ready to pop up.SolEth - .04 - slight dip here, Eth and Eth beta plays are catching a bid.SolBTC - .00209 - this is an interesting one because Sol was mimicking BTC's price action on these wild swings.What were the wild swings you ask? Well the freaking SEC's twitter account was hacked yesterday and they released that the BTC ETF was officially approved.Bonk of course is pumping - at .00001503 and I will simply smooth brain hold this longer thanSaga Phone continues to crush.Helium - again, this is seeming more and more like a no brainer to switch over to.Focus on the majors, as tempting as it is, I think this is the time to sit in spot and sit in majors. Coinbase convoSMB can't catch a break.Quekz floor is down, but the vibes haven't left, the whales simply hold, 250k treasury for parties, centered around fun. So I will keep holding.Airdrop Update:Jupiter will be the biggest of the year as far as wide distribution and total value.Margin is being overlooked, once they convert points to tokens we could see massive wealth effects. I've added significantly to my lending after thinking about this.Drift - contender for coming out with something massive. Kamino is dropping their points system soon, this could be big .Samo did an airdrop to Saga holders and made a tool to airdrop holders of the Genesis NFT token.My guess is after the Jup drop we see NFT's catch a raging pump and we unfortunately see a ton more memecoins go to the moon. I hope the usedcar and urmom coin go to the moon and we all make it. There's going to be so much opportunity and so much fun out there I can't wait. Let's get onchain and have some fun out there. Get full access to The Dramas of Thomas Bahamas at thomasbahamas.substack.com/subscribe

What’s up everybody! This is Thomas Bahamas and we are back for another episode of Solana Weekly! Let’s recap the major W that is 2023, talk about wins, talk about predictions, and talk about the strategies that are going to keep us winning. Sol price: 104.88 - we started the year around $10. Over a 10x for just holding.SolEth: .04560 - with .1 in sights and breaking it a reality. For reference, we started the year at .01.SolBTC - .002353 - started the year at .00055. We’ve been crushing.Year in reviewDca the ultimate strategy. Biggest wins for me - bonk, sol, quekz, gbtc to coin, jito, pyth.Plan for 2024 - hold sol, stake it, hold bonk.Saved Solana phone, we got another one on the way and yes they sold out. Bringing the 3rd option for the app marketplace onboard.Pumped helium - Helium - it pays for itself.Cosmos blowing up? Maybe, there’s always potential there, but it never goes anywhere.Btc as a tradfi toy.Rise of great traders that can talk sophisticatedly about what we’ve been talking about for the last year.Empire price predictions are wild. Looking at 600-700 Solana this year. We have Solana doing awesome things and delivering the best experience for anything crypto:Phone, phone service, maps, walking apps, NFTs, nft marketplaces, dog coins, dao’s, trading platforms including perps, staking, liquid staking, borrow/ lend, yield, airdrops, firedancer, new protocols with tiny spls, inscriptions, compression, wire dancer, tiny dancer. Yes there are other L1’s that are interesting, but none that are at the level that Solana is. Get full access to The Dramas of Thomas Bahamas at thomasbahamas.substack.com/subscribe

What’s up everybody! This is Thomas Bahamas and we are back for another episode of Solana Weekly! Madness in the markets, liquidity is upon us. We got the Jito airdrop kicking off the market, and after recording we even got a Bonk on Coinbase announcement then dump? Not sure what that is about, but let’s dive into it.Sol - 65.61 with a pump up to 78 and a correction back down with the rest of the market. SolEth - .03152, still looking so good. Solbtc- .001667, still hanging on as well. Bonk at .0000116 and even though we pumped up to like 15, we are so optimistic. We had the Coinbase listing, we had a pump up and a full retrace. Think it’s worth looking at. Jito insanity - no way did i think we’d see it this high. Pumped to over $4. I got a wallet hacked.Jupiter airdrop is setting up to be wild. Prediction is that it opens up around a dollar and runs over 2. But we’ll see, different dynamic in this drop from Jupiter in the quantity of wallets. All you had to do was swap to qualify, where Jito rewarded holding. With all this airdrop talk, we gotta talk security. So all my cold storage had Jito sol in them. I had to connect to the site to claim. This made all my cold wallets hot wallets. Knowing this I did a bunch of rearranging and moved that jitoSol from these wallets. This is important because I was actually hacked.It happened, after 7 years of nothing and never really coming close, I got hacked. For a small amount. But I connected my saga phone to claim a drop from the us and it geo restricted that account. So I was asking for help in the discord and I got a dm and a solution. The solution was a hack and I fell for it. He impersonated a mod in the jito discord, had a solution of importing my seed( I know, stupid, it’s like the cardinal rule) into the Solflare web wallet and I did. He then stole the couple sol I left in the wallet. Helium is running 12 days of Christmas. Monkedao is running 24 days of Christmas. Rewards everywhere. Bonk is dropping more tokens on Christmas if you’re on the nice list! Think this might complete airdrops that were failed, so if you think you might have had one, check it out. Got airdropped some chonky coin and bought more, good meme.Hivemapper is absolutely sending right now. This is depin and mapping based off of cars. Saga- free, bonk drop over $350I sold my gen 2 SMB. I feel like it was time. Right after I sold it, it pumped haha. So I was close enough to where I bought and I just don’t have a use for it. I know in real life parties are great, I got kids man, I don’t care about the small mints right now either. I get all those with a gen 3 anyways. I don’t really care about voting and realized that even when I did care and vote it didn’t help. Get full access to The Dramas of Thomas Bahamas at thomasbahamas.substack.com/subscribe

What’s up everybody! This is Thomas Bahamas and we are back for another episode of Solana weekly! We are crushing it and it's a good time to be a Solana enjoyer. Sol Price: 62.60 itching up, looks like 69 is just a small pump away. $142 wen?SolEth: .02774 and the eth narrative is just struggling with their whole narrative lacking.SolBTC: .001425 - staying strong while Bitcoin shines.Bonk: .000007873Sol, Bonk, and Quekz - the perfect portfolio.The Charlie Munger legacy. Rip. Been max listening to interviews and lessons from him and god damn it was he the goat. Get full access to The Dramas of Thomas Bahamas at thomasbahamas.substack.com/subscribe

What’s up everyone this is Thomas Bahamas and you are here for another episode of Solana weekly. Solana - $60, that’s right we’re pumping. Topped out just under $70 and what did I call? 69 by 2024. It’s on the table. SolEth - crushing - .0296. Is .1 feasible?Solbtc - crushing - .0158Now we gotta talk about the market crushing. I’ve been doing this podcast for a year and we’ve been buying coins and pictures that have been mostly going down lol. What do we do here? We follow the trade and don’t get out too soon. High conviction trades working out? Push the trade. Airdrops!Pyth. Crushed.We’ve got Jupiter’s airdrop coming too and I think this is going to be massive. Jto - details released today, that’s right Jito dropping us coins baby.Airdrop checker - there’s an amazing tool out there to see if any of your wallets qualify, no only do they have additional airdrops I wasn’t aware of, but it look like they are adding new ones as they come up.https://solana-airdrop-checker.solworks.devThese drops are basically throwing gas on a fire, injecting liquidity into an already booming ecosystem. I’m so bullish.The ducks. The quekz. We’ve been talking about these for a year, and they’ve launched. Stay strong, follow your convictions, don’t panic and make sure that you’re doing what you can to make the best decisions with where we are at. Get full access to The Dramas of Thomas Bahamas at thomasbahamas.substack.com/subscribe

What’s up everyone this is Thomas Bahamas and you are here for another episode of Solana weekly. Here to breakdown what’s going on the evolving crypto ecosystem and figure out Solana’s place in it. Solana is making its mark in the space and rocketing up in price.Sol price: $42.68 Up 11.15%. We. Can’t. Stop. The. Pump. SolEth: .02263 Up endlessly and we hunt that .1 target.SolBtc: .0012 Up almost 8% on the week.Price talk- excellent.What does excellence in crypto look like?The main characters of the space are pretty much out of the spotlight or incarcerated.Moving passed ftx and Sam is going to the slammer.Node battle with eth. Solana $300/ a month vs Eth validator on a raspberry pi. Don’t really care.Or narrative battle with eth in general.Breakpoint aftermath, seems like everyone got covid.Sollinked won the huge competition.Degen dads actually minted through sollinked. A delightful experience overall. Send some cash and a description of what nft you want and get a sick custom pixelated nft in return. Couldn’t be happier.Armani and backpack exchange. Own the experience in one app.Bonk. BONK. BONK!!!!Not getting too caught up in narratives.Not over trading and overthinking the market.Duration trading - ensure you are looking at the long picture if you’re planning on holding for the long term.Jupiter - airdrop details, perps. Get full access to The Dramas of Thomas Bahamas at thomasbahamas.substack.com/subscribe

We’re so back.What’s up everybody, this is Thomas Bahamas and you are here for another episode of Solana Weekly. Where it’s my job to find the biggest stories of the week and try to figure out the implications of what we’re seeing. We are seeing so much up only and I am having a great time. I would like to say that this episode is brought to you buy the massive pump of Bonk and the absolute chad holders at Quekz. Both are the quality assets we need and are the best examples of great projects on Solana. Sol price - 41.34 up mega, we are up 73% over the last month. Leading into breakpoint with news and releases dropping, combined with token drops and this thing is rocketing. SolEth - .023, up mega Solbtc - .0012 up! We passed previous resistance at .001 i was watching closely and boy we are not stopping. Well the theme of this episode has to address the overall upness of the market and just how pumped I am about it. Huge pumps everywhere, with Sol outperforming everything on the way up, holding higher levels, and the cherry on the top is Bonk pumping over 2x as well.It’s not ending. Yes there might be local tops and some pullbacks, but I think we are starting to the beginning of the bull run. The timing couldn’t be better, it’s token season on Solana combined with Breakpoint coming up and tons of really good protocols humming along. The protocols that I’m most excited about all have tokens coming as well.Jupiter, drift, jito, kamino, meteora, margin, magic Eden, goose, isc have all had pretty serious rumors about dropping tokens and I’m here for it. I think Sol holders and all of us that have been here for years should be rewarded. We are the community and bring value to these protocols. Spreading that would be the most crypto thing. This is how Ethereum has always won, they get their users rich and they never leave. I am here for it. Of course with all these great game changing protocols having really thought out drops, there are the memecoins with no thought as well. I’m seeing jeet, wen, and a whole slosh of other coins flood the market and why not. It’s fun, some of them do okay. But I think the trash tokens are actually highlighting the insane difference between a token and all that Bonk has done. Bonk is built different and with a great drop to the community and integrations with almost all protocols it is the heart of solana. It was there for us on our darkest days after ftx rugged. It dropped on Christmas and Solana was like $8 and sentiment was trash. It was going to 0. I was sitting at my in laws and laughing at bonk and branche dropped that bonk was launching in degen mints and I aped some because I thought it was funny. I bought more because it was fun. Burning your bonk was hilarious. This was the start but they have continued to build this whole year. Great marketing, fun, and tons of use cases are all on the back of this rally and it feels good. If you’re in nfts, pivot to defi. NFTs are doomed. Everything is down mega. I’m not sure when it stops. But I can say what has worked in the past is holding quality nfts that will do well. Maybe adding a couple more that are super bleeding. The only project excelling during these dark times are the Quekz! That’s right, our ducks are the best ducks. I got some sick merch, the holders are absolute chads and it’s going to 10 sol and wouldn’t be surprised to find it at 100 sol. No one sells. It’s funnier if you don’t. As far as other quality NFTs, I’d urge caution, but famous foxes look free, they have a ton of revenue and run time and aren’t going anywhere, smb gen 3 are free, Monkedao isn’t going anywhere either. Empire pod and 1000x is maybe the best pod to think about the crypto markets. One of the hosts Jonah trash talked Solana and got roasted. Then they had Toly on and hes pretty onboard with Solana. How to play the pump: keep an eye on SolBtc. I have the urge to take a little profits on the way up. But the left curve is to just stake and hold. i have most of my sol staked and will hold. But i will keep an eye on the price of solana vs Bitcoin. When it tops I will likely look at swapping over. Because when Bitcoin runs it runs. Updated from breakpoint:Armani and Tristan and the lads are releasing an exchange! A centralized exchange for the people. Super pumped, and they also released a mobile app. Next breakpoint is in Singapore. Fire dancer is officially on testnet and hitting 1 million tps! Eth teases solana speeds, while solana tests unheard of speeds. Pyth airdrop is live. Squads is releasing a wallet called fuse wallet that’s a multisig and super user friendly.AWS releases node runner.anyways sorry for the late episode, everything was pumping and I couldn’t even keep up with the news. It’s Halloween, get those pumpkins carved and enjoy some gains. Get full access to The Dramas of Thomas Bahamas at thomasbahamas.substack.com/subscribe

What’s up everybody, this is Thomas Bahamas and you are here for another episode of Solana Weekly. Where it’s my job to find the biggest stories of the week and try to figure out the implications of what we’re seeing.As Barry Silbert used to say, it’s gonna be a big week. A big week because the SEC is not going to fight GBTC’s application to convert its trust to an ETF.Sol price: 23.72 up over 10% in the last week and outpacing Bitcoin. SolEth : .0151, up 8 percent on the week. Eth looking terrible, narratives are lacking.SolBtc up 4%. We like it. And I will dig into why.ETF Fake out on BTC and we all pump while the shorts get wiped.MetaMask down.Saga displaying pmf with a decentralized App Store built into the phone where Apple or google can’t sensor apps.Degen Dad's in the building, loving what they are doing. Seems like nft mints and presales are back? I’m unsure if they are profitable, but my guess is the front running of breakpoint and I’m excited for it.Cypher protocol coming in hot with an IDO next week. Excited to see how it goes. It was hacked, but could also be the start of defi 2.0.Sollinked.com - so freaking sick.https://app.sollinked.com/solanaweeklyDrop me a line on there and I’ll give you a shout out.Aperture Ai explanations on a block explorer.Flipside crypto- just started digging into this, but looks like a sick platform to analyze big data sets. I use looker a lot and will be using this more.Wash trading - stocks 1 month, crypto 0.Moral imperative to get the fcking money. I see staked sol, ducks and monkeys as the way to get the money.As always, thanks for joining in!-Thomas Bahamas Get full access to The Dramas of Thomas Bahamas at thomasbahamas.substack.com/subscribe

What’s up everybody! This is Thomas Bahamas and you are here for another episode of Solana Weekly. I’m here to uncover the alpha, break down what's going on, and try to figure out where Solana is taking us. We got wars, we got taxes, and we got Breakpoint coming up. To the market:Sol Price 22.19 - fairly flat, down about a dollar. Sol Eth - .014, still fairly flat. Lot of talk out there about eth not having the narrative these days. Sol BTC - fairly flat as well, but it looking bad. We got breakpoint coming up end of the month and I’m expecting a sol pump and some sick new announcements. War - expectation of coins going down and all risk assets are rocky. NFT's and niche alt coins aren't the safe haven needed, but are still doing pretty well. But this could be the inevitable push to get the fed to start printing and we see the start of the great bull run of all assets before implosion, and it's a mess. Arthur Hayes on the Impact Theory podcast, insanely good breakdown of macro. Not into the impact theory, but when Arthur's talking, I'm listening. I heard some very similar ideas on Hidden Forces as well, and it goes into just how the bull run for crypto and most assets begins when the money printer gets turned back on. Information inflow management - I have to constantly check myself and realize who I’m taking info from. The whole NFA not financial advice thing is hilarious. Think about who you are listening to and who helps you think more clearly about markets. Don’t give your fav nft influencer credit for being a macro genius and a war expert, there are a lot of people who have dedicated their lives to that. I also think it would be hilarious to pick your brain and think about why you bought something and if it was an influencer that you wouldn’t take advice about anything on. Socialfi is stupid and it's a circle jerk for crypto people. Two main additions to sol with Friendzy.gg launching chat and hub3 launching. I think Friendzy has more potential for Solana because of the bonding curve not being as aggressive. On hub 3 the pricing increases significantly, like a friend tech. Solana people are cheap. Me included. Avax’s friend tech competitor stars arena was hacked twice in a day and drained for 3 mill. We get reminded of the douchey founder emin gun by him saying it’s not big. We should also remember he hired a law firm to sue Solana labs. Taxes: I did it, I paid Crypto Tax Made Easy to fix my taxes for the 2022 year. He brought 36k in gains down to 6k. I have the netrunner nft and used their platform but I didn’t like it. So I used the website crypto tax calculator and imported my wallets and exchange transactions. It was a mess with 12k transactions and they were all labeled wrong and it scared the f out of me. I knew it was wrong with giving me huge gains on stable coin swaps and no cost basis, but I also didn’t know how to fix it. The platforms aren’t there. It was like $600 to import all those transactions and two g’s for him to do all the work, but the peace of mind knowing that I don’t have a 36k tax liability hanging over me and the potential for the irs to come after are more than worth it. I love crypto and want to keep this as a positive impact on my life so I think it was necessary. I also f’d up and sold a bunch of eth and btc on Blockfi and there is no way that those transactions aren’t going to the irs. My new rule is to never do sales on exchanges. Exchanges are for stablecoins and on and off ramping only. It’s free to on-ramp, the execution and swap costs are better on chain anyways, and the reported gains aren’t accurate yet. So there is NO benefit for me. We need large audiences and bringing in new people. So far all it does is make a better circle jerk for us crypto peeps. This does nothing for our space but let us gamble more. Not improving anything.The whole purpose of using social media is to bring in outsiders to crypto. Think 2017 bull run and how insane twitter was. I even had people shilling lite coin on my Facebook feed. Pomp would get on the news and everyone would go crazy. The positive memes resignated and brought people and institutions in.We don’t have that anymore. Twitter is filled with crypto scam accounts that Normies hate, engagement and our feeds are trash, I have to go to private chats to see the quek tweets. None of these protocols are optimizing for the right thing which is getting outsiders in. No one is paying 5k just to hear market analysis from someone that larps as a car on Twitter, no one is bridging to Avax to buy your keys because none of that fixes a problem for Normies. We need to clean up the crypto scams collectively and get out of our own little bubbles. Find a way to build on x to make things better. Use the tools they provide like community notes and reporting accounts tagging people. Other fun stuff: breakpoint is coming! I got some Quek merch, it’s sick.MadLads coming with some sort of announcements. Huge update on backpack where you can easily l

What’s up everybody! Welcome back to another episode of SOLANA WEEKLY! I'm your host, Thomas Bahamas. After a short break, we're diving back into the world of Solana with some exciting updates and insights.Highlights:* Solana Price Analysis: Currently at $23.95. We witnessed a sharp rise from just under $19, aligning with the broader narrative.* SolEth Performance: A remarkable rise of over 20%. This surge is significant, especially with Ethereum's recent news about the launch of a futures ETF and Grayscale's application to transition ETHE to an ETF. (Side note: Not a fan of Grayscale!)* Sol BTC Update: We're seeing a notable uptick, and it's impressive given Bitcoin's strong performance.* Token Talk:* SPL/S**t token season: How do we navigate this?* Mentions: Bonk bit, OPOS, Bonk, Bern.* Social finance updates: A slowdown in Social fi, with Friendzy hitting a pause.* Friend tech's vulnerability to sim swaps: A reminder to secure your 2FA on Twitter.* Quekz's momentum and the prevailing narrative around Breakpoint.* DeFi on Solana: Despite the token's price being 10% off its ATH, TVL has reached new heights.* Alt L1's: A surge in mentions of Sui, Aptos, and even Avax. While we might see some short-term gains, the long-term prospects remain uncertain.* Tax Talk:* The looming threat of regulatory capture and the potential risks associated with it.* The importance of accurate tax reporting, especially with platforms like TurboTax moving towards crypto support.* Personal note: I've decided to engage 'cryptotaxsucks' on Twitter to review my 11,000+ transactions. It's an investment in peace of mind and ensuring compliance.Join us for all this and more on SOLANA WEEKLY. Stay informed and stay ahead!The Dramas of Thomas Bahamas Get full access to The Dramas of Thomas Bahamas at thomasbahamas.substack.com/subscribe

What’s up everybody! This is Thomas Bahamas and you are here for another episode of Solana Weekly. I’m here to uncover the alpha, break down what's going on, and try to figure out where Solana is taking us. Solana is gaining traction with it’s partnerships with Shopify, Visa, and a recent SVM rollup launched on Eth and the timeline has been insane. Sol Price: $20.16 and holding steady. Strong week for Sol. Up 9.51% on the week and looking juicy af.SolEth- .01240 This is what I’m talking about with an increase of 8.3% and a heap of fud coming out of the .eth’s because of it. We love to see it.SolBtc - Up baby, up 9%.To the market:Overall sentiment seems to be altcoins bad, btc to run this show? Still think solana holds vs btc but the timeline thinks otherwise.Bankless bros are starting to fire back after getting ratio’d over and over.Think this is only the start.FOMC release today expected to not raise rates.NFT’s seeing more traction, SMB’s over 100!FriendTech is pumping and going crazy. IQualifications for a podcast. I Get full access to The Dramas of Thomas Bahamas at thomasbahamas.substack.com/subscribe

What’s up everybody! This is Thomas Bahamas and you are here for another episode of Solana Weekly. This is episode number 42 and that is significant because if you have read “A Hitchhiker’s Guide to the Galaxy” you would know that this is actually the answer to everything. I’m here to uncover the alpha, break down what's going on, and try to figure out where Solana is taking us. Some of the highlights of the week were a pretty major crash across the market, Visa releasing their research into why they chose Solana for settlement, and NFT’s are starting to show some light at the end of the tunnel. To the market:Sol Price: $18.41 and looking like it wants a little higher. We caught a major drop from 19.30 to 18 and it didn’t look pretty. We saw frontrunning and massive short interest from all sides after seeing FTX amounts of SOL that could be unlocked. I think most of that was overplayed and the dumping will take place over months and it won’t be a massive drop. But still the market doesn’t look great and I wouldn’t be surprised to see it hit $14 or $25 next week. Short term we will keep seeing volatility both ways, long term we go up. Breaking news, I just heard from my intern, assistant, and maid that we have wicked down to 18 and we need to look into buying the dip. SolEth- .01145 with a decrease of 5% on the week. Not bad considering Sol dumped before ETH did. My money is on Sol outperforming ETH throughout the year. I bridged some ETH over to SOL and placed bids with it on SOL if we do dip more. I figure it’s time to up the size a bit. SolBtc - down 11% on the week. This is bad, Bitcoin performing as it should with being more of a store of value. Visa settlement on Solana and they released their analysis. This is huge because it’s an independent analysis and validates all the attributes of the network that we’ve been talking about. They went through a ton of research on different blockchains and Solana was a clear favorite. Some of the best were the 400 ms settlement time, interesting Polygon was 20 minutes, the low cost of transactions and the fact that the transaction cost doesn’t fluctuate over time, and that it’s the best suited chain for payments. We like this, and Solana didn’t pay for this, they chose Solana. MetaMask has support for Solana! The best wallet in crypto released a new feature called snaps. With this, it allows it to use other blockchains and integrate with other wallets. For Solana you can basically link a MetaMask with a Solflare wallet. Then you can bridge back and forth very easily. Also native btc and other chains. But this is a pretty sick development. Manage your money from MetaMask while you adventure into the wild world of Solana. Big for eth to sol adoption. How much adoption can we expect? We’ll see, it’s my belief that eth community already joined in and most got burnt and went back to eth. Kind of similar to bitcoiners moving to eth and losing money to scams and ico’s in 2017, then calling all coins other than btc an alt coin scam.But this might give them another reason to revisit and make that journey easier. Removing the friction will always be good. Solana tanks. FTX threat of selling is looming and the timeline is miserable. NFT’s and joy. Small increases in nft prices around and I’m liking it. But what I want to talk about is the NFT’s that I buy that make me smile. My favorite is the SolSunsets project and I just added another. They are so well done, perfect twitter banners, and just brings me joy. These are the projects that I recommend you buy. Who cares about the chart, who cares about the roadmap and utility, the core of what you’re buying is the nft. A tale of two extremes of the nft dao spectrum. Quekz - quektator, impulsive, owner, rules with iron fist, makes changes on a whim, doesn’t care about governance or actually really want to interact with most holders haha. This is super appealing because I actually don’t really care about the day to day either, I just want to laugh and have fun. Smb - oh boy. DAO, votes, vote proposals, weekly meetings, constant bickering, it’s very tiresome. Magic Eden hinting at a token drop and people are trying to farm gems or something. Cant tell if this is a last cry of hope for them or if it will be successful. Tensor has eaten their lunch and have been public about their rewards, token drop, and their platform is a revolution. Speaking of airdrops, I got one for Alldomains, the other name service provider on Solana that hosts the .monke or .bonk addresses. Bought some more on the side because I saw it pop up on Bonkbot in Telegram, but the liquidity isn’t there, I even am providing some liq, but it’s not helping haha. Get full access to The Dramas of Thomas Bahamas at thomasbahamas.substack.com/subscribe

What’s up everybody! This is Thomas Bahamas and you are here for another episode of Solana Weekly. Here to drop some alpha on what's going on and where we're going in this crazy space. It’s been a hell of week again with the bears showing their faces in full force and adoption for Solana showing it’s face with Visa starting to settle with USDC on Solana.To the market:Sol Price: $19.69 and climbing like crazy.SolEth- .01192 with just a tiny decrease on the weekSolBtc - flat.To the news:Booz app- adding a backend to a solana based decentralized marketplace for whiskey. Pretty huge, the owner is in our Solana Wine Snobs named whiskey titan.Visa! Visa is using usdc on Solana for settlement. Base goes down and Solana remains unaffected. Ftx gonna sell 1.5 billion of Solana.With that the bears are here. In full force. Everywhere, can’t avoid them. Still bullish af on the monkes and Nom running it, but it’s rough.Back to the bears:If you think it’s going to zero then just leave and buy gold or something. If you believe in crypto and Solana’s place in it, this is where you buy and have a stack on the side if we dip more. When it becomes the norm to be bearish is when you should be the most bullish.Flatcoin talk Get full access to The Dramas of Thomas Bahamas at thomasbahamas.substack.com/subscribe

What’s up everybody! This is Thomas Bahamas and you are here for another episode of Solana Weekly.Sol Price: $20.80 with an overall decrease of 2.89% on the week.SolEth- .0122 with just a tiny decrease on the weekSolBtc - A small decrease as well, pumped about this one because BTC is back.More on BTC:NFT's still aren't moving.I don't really know what saves NFT's at this point. Need a major catalyst and some energy in the market.Pricing talk - you can't think of an nft at it's ATH.he asset at it’s current value.Social - Solarplex tipping is enabled, vibes are flowing, I’m loving. I get an NFT a day and it’s all our favorite Solana folks on one platform.Kamino - Durden on Twitter broke down the apy on defi yields on Kamino with Impermanent Loss included in.HawksightBonk staking Bonkbot - worth it? maybe, not for me.AssetDash - Best portfolio manager, worth checking out, they give out rewards daily even if you don’t hold their NFT.Finish with some stablecoin chatter. USDC on Solana is the future of payments. 400ms to finality and native to Solana. There is no second best and it’s only betting me more bullish on the future. Get full access to The Dramas of Thomas Bahamas at thomasbahamas.substack.com/subscribe

What’s up everybody! This is Thomas Bahamas and you are here for another episode of Solana Weekly. Here to drop some alpha on what's going on and where we're going in this crazy space. It’s been a trying week where it seems like there is just no bullish news. These are the best of times to buy, but the hardest of times to actually pull the trigger. Excited to dig into it and let’s focking go. To the market:Sol Price: $21.43 with an overall decrease of 8% on the week. We don’t like to see that, but we’re in a recovery from dipping under $20 yesterday so I’m ecstatic about this move up haha. Whole market looked like it was tanking including Bitcoin and the doomers and bears were out in full force giving us their graphs of how low we go. Well I spent my time loading up on longs, so suck it bears. SolEth- .01278 with a small decrease of 1% and nothing meaningful to gain from this really. Everything tanked, Eth looked real bad. SolBtc - Also staying pretty flat. To the news: HNT on Drift. I got a Fock It Shirt, it’s Mad, I’m wearing it now, LFG. Solana Pay on Shopify, I think this is huge and we should get a bounce for it.Sign in with Solana.Blaze airdrop has begun, and with it the bSOL token is getting something like 15% apr. Friend.Tech is taking over all of crypto and is bringing social fi back. With this we are seeing Solarplex launching on Solana and I gotta give a shout out to Solcial, kind of like a bitclout like product where people buy your token for a follow and tier 2access. These have huge potential and are fun. Solarplex is like all of Solana Twitter. NFT's still down while ducks stay up, 20 ducks for private Telegram and whales don’t sell. SMB's sitting around 8 sol, think it's good value. My man Bully Esquire had a great tweet where he said with the adoption of Layer 2's on Eth why are other L1's even necessary. We need to be able to answer this question clearly and concisely, without the technical jargon and hopes and dreams of a bagholder attached to it .The answer, most aren't. What other L1's are necessary for is what can't be done on Eth L1 or L2's. The two most popular answers are DePin and Compression. DePin - Decentralized physical infrastructure is Helium, it's a mobile network incentivized through a blockchain that HAS to be as fast and cheap as Solana or it won't work. Compression - NFT's can be compressed so well on Solana that you can give an NFT to a brand new user for free. Drip.Haus does this. You don't have to pay to get the NFT. Also the core of the question is a bit flawed right. The goal for Ethereum with L2's is to scale a decentralized network which means increase both speed and decrease transaction costs for the masses. This goal is not there. This goal is what Solana is right now at this moment. So other L1's are necessary because they are brining about the new paradigm where cryptocurrencies can scale and be used for non crypto native users. Eth will never have that. Other than that I saw some bearish posts on DeFi and how it hasn't actually been that successful. We saw Balancer get compromised and the only profitable Defi players are the hackers at this point. So I'm cautiously optimistic about Sol Defi. We saw Cypher get hacked and I just don't want to deal with all the extra risk at this point. So I pulled my Margin lends. Get full access to The Dramas of Thomas Bahamas at thomasbahamas.substack.com/subscribe

What’s up everybody! This is Thomas Bahamas and you are here for another episode of Solana Weekly. Here to drop some alpha on what's going on and where we're going in this crazy space. Sol Price: $23.33 with an overall decrease of 4.3% on the week. SolEth- .01285 decrease of 1.8% and nothing meaningful to gain from this.SolBtc - Also flat on the week.News:tBTC officially launches on multiple chains and I’m hoping we get more liquidity on Solana from this.L2’s vs Solana battles keep heating up. Helium launches a $5 mobile plan in Miami. NFT’s - man we’re down bad. SBut during all this struggle we are seeing one gem stand out. That’s right, the Crypto Duck Punkz are thriving. A trade idea Get full access to The Dramas of Thomas Bahamas at thomasbahamas.substack.com/subscribe

What’s up everybody! This is Thomas Bahamas and you are here for episode number 37 of Solana Weekly. Here to drop some alpha on what's going on and where we're going. This was another crazy week with one of the leading Defi protocols on Solana getting hacked, Tensor launching their NFT project and Rollbit sending to the moon. Never a dull week and I’m looking forward to diving in. To the market:Sol Price: $24.38 with an overall increase of 5% on the week. Not a bad week with a good push in the price action starting yesterday. We saw a low of just under 22.50 and a high of almost 25, so not that much volatility and I’m hoping we continue on the upside. SolEth- .01305 with an increase of 14% on the week. Eth acting like a stablecoin these days. Doesn’t dip, doesn’t pump. Hearing more of their deflationary narrative and how people aren’t ready for a token that burns itself, and a talks of and ETH ETF if BTC get’s one through. So yea I’ll take a 14% gain vs ETH. SolBtc - flat on the week. Interesting here, we’re keeping pace with Bitcoin even when Eth underperforms. I’d like to call that bullish but we’ll see. Gambling vs investing long talk.As we see Product Market Fit in Rollbit while I miss the pump and sit on the sidelines, we've gotta have the gambling talk. PMF in crypto has always been gambling. Gamblers are willing to take more risk on risky platforms and have likely been burned a bunch prior to their entry into crypto. This is how I got here, online poker sites weren’t keeping customer funds separate from operational funds and ended up going bust and taking everyone’s money. Crypto solved this. Also to get funds on was dicey. I’ve bought phone minutes that transferred to Party Poker, I’ve had random debit cards I could only withdraw so much cash on, I’ve received faulty checks from Asia, I’ve even transferred money at a Western Union in a grocery store to load up my account one time. All these were BS and bitcoin fixed all the problems. Now add in the everything casino and we have gamblers all over the place. I think that this is some of the underlying problems were seeing in the markets, and I think that SOL’s unique properties highlight this much better. What does that mean? That means you can utilize basically 0 transaction fees and feed the gambler in you. Mint coming up? Max mint, dump any NFT’s that aren’t rare. You can do that profitably on SOL where it’s too expensive to do that on Eth. The meme of listing just under floor is real because a small loss on 5 NFT’s while given the chance to 10x on one or two is a gamble a lot are willing to take. So where does that leave us? With a lot of gamblers in Sol, and even Eth native people using it as gambling to get in and get out. Where Eth has more of a forced investment due to fees. I don’t know how we get out of that, but it is and will always be an important narrative with crypto. Rollbit moving to Eth seems like it’s bringing in more people to the table and this thing is going uponly. With that in mind I think it’s important to try to figure out investments that aren’t a gamble. Minting most NFT’s are a gamble, but if it’s from a top project in the space? Might be out of the gambling range. We need to look at tokens and nft’s that will increase value based on usage of protocol’s. I think we get out of the gambling range and move to investing to make continued gains. Buying and holding good projects has always been the way to make money. Take some swings, size appropriately, and put a long time frame on it. With willingness to add to the position. DCAing is a solid meme because it typically works. I like a good gamble as much as the next person, but my expectation isn’t that I’ll get rich off it, that’s where investing comes in. Cypher hacked to the tune of 1 million. Devastating blow to Solana defi, but powering through. Tensorians - launched and crushing. I imagine this goes up only, it’s the flagship product of the flagship nft marketplace on the chain with the most nft activity. Feels like a smooth brain play. The 6 month investment thesisBetting on the DePin decentralized physical infrastructure network and HNT. Get full access to The Dramas of Thomas Bahamas at thomasbahamas.substack.com/subscribe

What’s up everybody! This is Thomas Bahamas and you are here for episode number 36 of Solana Weekly. Here to drop some alpha on what's going on and where we're going. This was an insane week in the EVM world and it looks like Eth Defi could just all implode. But we’re still thriving in SOL and got a lot to go through. I’m going to get into some moon math and see if the Twitter consensus of Sol hitting $500 in 2025 has any real chance of happening. Sol Price: $23.11 with an overall decrease of 7.26% on the week. SolEth- .01143 - with an overall decrease of 6.42%, WHY IS THIS HAPPENING TO US? SolBtc - down 4.6% on the week. So down vs the market and we hate to see it.Alright let’s get to the market and to some moon math.The Solana narrative is here and everyone seems to be on board with Solana, many seeing it hitting somewhere around $500 by 2025 and let’s see how we can get there.BTC Halvening I think the Halvening, combined with the ETF narrative could be huge.Eth moon’s, Solana gains. The .1 narrative that Z has brought up. BTC goes up, Eth goes up, Sol goes up is still in play. These are all pretty moon mathy scenarios, but all have potential. A touch on some other news:bSol - airdrop szn has begunKanpai pandas dropping soon on Solana. Think it’s huge because it brings eth to sol.Raffling Rolex’s on Famous Foxes Raffles - insane.Bonk - SVBonk, some sort of lottery ticket scheme, someone took down 50k. Get full access to The Dramas of Thomas Bahamas at thomasbahamas.substack.com/subscribe

What’s up everybody! This is Thomas Bahamas and you are here for episode number 35 of Solana Weekly. Here to drop some alpha on what's going on and where we're going.Sol Price: $24.92 with an overall decrease of 6.7% on the week.SolEth- .0134 - with an overall decrease of 4.35%. SolBTC - Flat! Drift building more. I got my New Sim Card from Helium and am pumped to test it out for my one month free. NFT’s have kind of stalled and aren’t dumping as much. But it’s not looking pretty out there, thought I’d do a best of list.Best marketing and hustle during this downturn: galactic gecko’s.Monkey baby business - best discord in web 3. It’s massive, there’s something for everyone. Smb- best dao and best business. Other changes is that telegram copy pasta’d a lot of discords features and some projects are moving over.Cyber sam’s have a telegram and continue with the sick alpha.The crypto duck punkz also have some telegram groups and have a strategy of convincing key players in solana to change pfp. Crazy Eth coins - hamster racing etc on eth. It’s like anything they can do to make money.The EVM landscape vs solana. Marginfi raised limits again and almost instantly a lot of the pools filled up. They are crushing, points are flying, I'm hoping this is one of the narratives flying.Good applications: I've been dabbling in Sol City Poker, and it's fantastic. That’s what we’re looking at and thank you for joining in! Get full access to The Dramas of Thomas Bahamas at thomasbahamas.substack.com/subscribe

What’s up everybody! This is Thomas Bahamas and you are here for episode number 34 of Solana Weekly.Sol Price: $26.72SolEth- .01401 - with an overall increase of 17.73%. SolBTC - up 24%! With the increase in Sol Price, we have to unfortunately AGAIN talk about the underperformance of NFT’s.One NFT that’s catching some steam is our good old friends over at the Crypto Duck Punkz. We got some sweepers sweeping, we got Dudas tweeting, we got memes, are we back? Maybe. Still like the idea of a project that has no utility and is super fun. When the shoe’s come around it’s a blast, otherwise it's kind of a ghost town.Release of Neon and Solang bring solidity and evm to Solana! Pretty huge.Defi Continues to crush.Superstake - clean easy financial products on top of defi. Think this is the future, keep the dirty stuff on the back end.Marginfi crushing - over 20 million lentTrying to find the perfect long term portfolio plays. Lst’s remain high.My favorite story in the crypto news lately is the Ben McKenzie anti crypto arc. It’s amazing. Yes the guy from the OC, yes he has a book, yes the story is absurd and he looks like an idiot.Taxes - no one wants to talk about them in crypto because they are a pain President debates are heating up and crypto is on their mind. Rfk jr looking at both holding btc reserves to back dollar and remove the cap gains tax. Desantis rages against CBDC’s, and I’m expecting a lot more of this.Lightspeed has been released, just listened to a great episode of the Cove with Austin on, the podcasts are so back and I'm glad that I can get the alpha from them.I’m also reading a book titled “You Will Own Nothing,” by Carol Roth which is fantastic. Anyways that will do it for this episode of Solana Weekly. Looking forward to what else we can drum up this week and hope you are all enjoying yourselves as much as I am. Get full access to The Dramas of Thomas Bahamas at thomasbahamas.substack.com/subscribe

Solana Summer is here!Sol defi 2.0Sol Price: 22.40 - up 20%SolEth - Up 21%SolBTC up 18%Tokens up, NFT's down.tBTC coming to Sol.Airdrop sZn and how to get some.Threads coming to take your chick.Social media and constant attention on Web 3 gets you no where. Get full access to The Dramas of Thomas Bahamas at thomasbahamas.substack.com/subscribe

What’s up everybody! This is Thomas Bahamas and you are here for episode number 32 of Solana Weekly. Here to drop some alpha on what's going on and where we're going. Sol Price: $18.69 an overall increase of 15.5% on the week! SolEth- .00980 - or an overall increase of 11.76%. SolBTC - up 15%! Airdrop season coming to SolanaBought a cyber frogs and one of their ordinals. Ordinal fudNft fi- is it the payday lending of web 3?Smb gen 3 - barrels were minted, I got 0/10 barrels from my tickets and 80k total were bought.Prime trust went under. They were a banking partner to many crypto companies.Got a bonk shirt.Still waiting on my Helium 5g Sim Card to test out my one month free with my Saga.Trading view has a 50% off discount and free month of premium, worth checking out.Wallet safety PSA Get full access to The Dramas of Thomas Bahamas at thomasbahamas.substack.com/subscribe

What’s up everybody! This is Thomas Bahamas and you are here for episode number 31 of Solana Weekly. Here to drop some alpha on what's going on and where we're going. We have kind of flattened out as far as price action goes, but we’ve got some NFT action going on. I spent my morning trying to mint Gen 3 SMB’s and failing. I’m going back after it a little later today and I’m all jacked up. Sol Price: $16.18 - down from 16.91 and about 4%. Overall I’m okay with it We didn’t fill the gap to 23, but we also didn’t dip from massive amounts of Robinhood dumping. They had millions of Sol and were to dump it, we remain unaffected. The outlook on sol long term is real good and the value prop has never been clearer. The price is still not reflecting it. I’m okay with it. Sol Eth down 4% to .00877 and Eth continues to hold strong. We just can’t catch a break against our friendly foes in the Eth community. I can’t mention Eth without bringing up the Azuki fiasco. One of the top NFT’s in their community, they dropped a gen 2 and raised 40 mill off of it. The kicker, it’s almost the exact same art. The second kicker, there are a bunch of twins in the set. Disaster, but also highlights what’s only possible on Eth, 40 million raised in minutes. So much money there it’s crazy. Think of this when people start realizing the benefits of Solana. Sol BTC - continues to bleed on this. Saw a comparison of solbtc to eth btc, back when Eth almost died, it hit something like -97% vs btc, we’re at like -95%, if history rhymes, we could almost be at bottom. Gen 3 baby! The SMB mint to unlock the IP and take over the world. Two main topics Lending - both nft lending and centralized lending Investable digital assets vs usable digital assets Merkle tree - is a cryptographic hash that is used to verify the integrity of a set of data. In the context of Solana NFTs, a Merkle root is used to create a compressed NFT.A compressed NFT is an NFT that stores its metadata within the ledger, rather than in a separate account. This reduces the storage cost of NFTs, while still maintaining their security and speed.Another thought I had is that im going to embrace web 3. I’ve been pretty pro crypto over web 3 because it’s what the og’s use but I’m over it. The web 2 guys coming in seemed to coin this term and it got super cringe, but I think it’s actually really good. Much better connotation than crypto. I hear crypto I think super shadowy coders in their parents basement. I hear web 3 and I think NFT’s and defi and fun ways to rework the way we view assets and the internet. Get full access to The Dramas of Thomas Bahamas at thomasbahamas.substack.com/subscribe

What’s up everybody! This is Thomas Bahamas and you are here for episode number 30 of Solana Weekly. Here to drop some alpha on what's going on and where we're going. Where we are going is up and I’m hoping this trend continues. We’ve finally got a positive narrative leading to positive price action and hot damn it’s about time. It seems like all the regulatory pressure is being followed by tradfi making their move.In this episode I cover:Solana Price and relative strength. (It's up!)Solana Outperformance in NFT's + Defi highlighting Drift and Tensor.Bit Dudes.SMB Gen 3 drop dates.The start of Solana Summer. Get full access to The Dramas of Thomas Bahamas at thomasbahamas.substack.com/subscribe

What’s up everybody! This is Thomas Bahamas and you are here for episode number 29 of Solana Weekly. Here to drop some alpha on what's going on and where we're going. I apologize for the terrible audio last week, let’s see how much better this one is. I think the theme of this week is FUD! With the timeline down bad and the vibes even more down bad, the SEC calling Sol a security, bags being dumped, we’ve achieved max fud. I think it’s a good time to take a look at our convictions, and then make sure that our risk profile is in line with how we think things will play out. Sol Price: $14.95 - down a total of 27% from 20.68, we’re down bad. We took a hit and it’s a direct response from the SEC actions. Whether it’s big firms not willing to hold riskier assets, or market makers not willing to stay in the market, we had a massive sell off across major alts. I believe $5 billion of value was wiped in a few hours. The majority were the assets labelled securities in the Coinbase and Binance lawsuits which makes sense. .sol Eth: From .01107 down to .00859 which is down 22.39%. We are seeing Eth move from an alt coin to a major. It will likely not be called a security and this should have positive effects across the board, but we are seeing why that is important. It held it’s value really well, while we see the dip. There is more upside with Solana, but there is more risk and we see that on the downside. Sol BTC: .0005755 down a total of 24.58% and is not great. Will this chart ever turn around? I don’t know, I keep calling for it, but we continue to go down. My guess is BTC might actually have a pump before Sol, so it might be a good time to have a bag. I don’t like it, but it might be the way. From last week we continue to see the SEC and Binance and Coinbase fight publicly. The difference that I’m hearing is that Coinbase is in a much stronger position. They will likely have some large fines to pay and will continue to operate. They also continue to have the tokens deemed securities listed on their exchange. While Binance has much more serious allegations against it, from comingling funds to supporting terrorist funds, they have a bigger fight on their hands and they will be shutting their doors to the US. Flight to BTC - many projects up and leaving Sol for BTC, I think it’s dumb. The experience is so terrible that it might feel fun at first, but it’s really not. XRP - The Ripple case is upon us and everyone seems to think it is one of the last things that can save us. They released some Hinman files, and all it appears to have is discussion on how ETH wasn’t deemed a security a few years ago. Everyone wants an easy solution out of this, and I just don’t think there is one. Ripple is literally the worst example of a cryptocurrency and rallying behind it feels like a sham. It’s basically a token that allowed the founders to dump it on retail and take billions off the table from it. They have bot army’s, and have a warchest from dumping on retails for as long as they’ve been around. Their use case: settlement of funds. EVERY crytpocurrency does this! It’s bagholders that got rekt and are hoping for a way out. The absolute worse case scenario for Solana is turning into bagholders without any real use cases. It is my opinion that we’re building so many use cases right now this will never happen, but still. There is a bill to fire Gensler, and I’m all for it, I wouldn’t bet on it passing though. Sol Beach bum with another banger thread on value accrual:https://twitter.com/solbeachbum/status/1668600382547718146?s=46&t=uc83EyjkPaOcRgJ63RUtbgIt’s funny, because you can take the value prop of any big crypto, Ethereum in this example, and play that out with Sol. The value proposition of Ethereum isn’t unique, it can apply to much more, and a more useful chain could get more value out of it using their own models for appraising value. CPI came it at 4%, under expectations which is great, and the stock market got a rally. Crypto did not. Overall the outlook really isn’t great for the short term. It’s time to prep for the worst, but position yourself to take advantage of mismatches you see in the market. While the price of Sol has dipped, NFT prices haven’t shifted at all. If you have stables around, you can buy into blue chips for a 30% + discount. I didn’t even really bring up NFT’s because it’s not where my mind is at, their value is tied to the value of Solana. I’m still convinced that we see Solana go higher and now is the time that our conviction gets tested. Solana is for the users and is the only blockchain you can actually use right now at a reasonable price and speed. Stay safe out there and let’s stack some cheap coins while we can. Think long term, leverage isn’t needed, but conviction is. Get full access to The Dramas of Thomas Bahamas at thomasbahamas.substack.com/subscribe

What’s up everybody! This is Thomas Bahamas and you are here for episode number 28 of Solana Weekly. Here to drop some alpha on what's going on and where we're going. I think the theme of this week is holy s**t, the SEC is coming for crypto. Full force attack with them bringing up charges against Binance and then Coinbase. It's time to be careful with your coins folks and we will plan on digging into this more. Let's move to Solana and check out the volatility: Sol Price: 20.23 - down a total of 2% from 20.68, and it’s all over the place, so much volatility I can’t even get the price right because it keeps changing. We’re getting hit with the FUD from all angles, with the SEC calling SOL a security, and now we got Jim Cramer calling it a counterfeit coin. We stay bullish long term, but it’s all over the place right now. Breaking: had to delay this because Sol dipped almost two dollars to $18.50 while I was trying to record and had to hit that long button. Pls recover, looks like it’s starting to and we’re back at 19. Sol Eth: .01039 down from .01107 which is down 6%. Was listening to DonAlt give a breakdown and he is basically saying all you need is Eth, it’s the only coin showing strength in the market and looks good vs BTC. If you look at the chart it has held up well and as we see Sol couldn’t hold on as well. Sol BTC: .0007253, down from .0007631 down a total of 5%. Overall the markets tanked and recovered pretty quickly. The news cycle lasted super quick as usual and rather than let the lawsuits get in the way we saw Coinbase go on the offense start tweeting their side of the story out. I'm not sure that was what did it or if people just saw a dip and went for it, but I'm glad we recovered and the volatility is back. Kind of feels like it’s just hanging on and people are degening. Let’s get into the news of the day. Seems like the entire Solana twitter ecosystem including me is shadowbanned, so that’s interesting. The turtles were doing some new launch and the whole contract was compromised, and turtles were on the loose! I think it’s under control now, but gotta be careful out there. Zero monke business continues to moon, around 30 sol now, the Bitcoin ordinal project he did is over 4 Bitcoin, so it is still free. Crazy to see the price differences haha. It also appears that Bern and Token 22 was integrated into Jupiter and we got a +90% wick from it. That other exchange Fluxbeam was bad and no one wanted to use it. The SEC started off with a Binance lawsuit on Monday, and yesterday even went as far as to seek a temporary restraining order to freeze Binance US assets. Kind of insane they are going this far. With this enforcement action we are seeing a run on the bank on their exchange. Only problem is that as a crypto exchange they hold all the reserves and are doing just fine.The core of what they are going after is that they were accused of running an unregistered exchange, unregistered broker dealer, and settlement of those assets. Of course they included Solana in this which we are not happy about, as well as ADA, Matic, FIL, SAN, AXS, CHZ, FLOW, ICP, NEAR, VGX, DASH, NEXO. My favorite part of this is that in 2018 they had a Binance employee say we are running a fking unlicenced securities exchange in the USA bro. Upon further reflection of this it was taken out of context and the compliance officer was actually making a joke and pretending to give an opinion of the SEC. It’s interesting to see the way that the SEC is approaching this because they aren’t just enforcing this in the courts, they are making their case in public with the court of public opinion. Is it the last ditch effort to get people while FTX and all the other class of 2022 scams are fresh on everyone’s minds? Probably. Next day they go after Coinbase. The same type of charges and also bringing up their staking program. They also call Solana a security as well as other tokens. Notably both of these avoid Eth. Overall take: We kind of knew this was coming, but damn. It's pretty intense. My first reaction was that this is bs and the SEC is overstepping, which it sounds like they are, but also there seems to be serious problems with Binance and there were no real differences between us and .com and they were actively allowing us residents on their platform and trading against them. I'm glad the coins came back and we're pumping, but it almost seems like an all out war on crypto at this point. Coinbase has been the most compliant company in Crypto for years and often times made a lot less money because of it. So if they go down there is no real hope for crypto. They are standing up and taking the fight back to them and it at least appears as if they have a good case and we can get some sort of regulatory clarity out of it. It's hard to comply with rules that aren't clear and Coinbase has been toeing that line since it started. I have a soft spot for Coinbase because it was one of the only options in 2016 when I was just learning about

What’s up everyone! Coming in hot with episode 27 of Solana Weekly and we are here to talk about what’s going on in Solana from the perspective of a user. Hope you all had a great Memorial Day Weekend, cause I sure did. We’ve got another fun week with a bunch of action in NFT’s, some airdrops, dog coin pumps, some volatility in the whole crypto market and I’m here to shed some perspective on what’s going on and see where we are going. Price:Solana: Sitting at $20.68 with an increase in 8.27% overall in the week. I swear it looked like it was breaking through this range and I was and remain super bullish. Solana is getting hard to avoid when you talk about crypto and has been nonstop delivering. Yea there is a large entity dumping Solana, but there is sell pressure on every coin.SolEth: Sitting at .01107 and we have an increase of 3.5 percent on the week. This was looking real good and Solana was breaking out. It just couldn’t keep going, but I think it’s the start of a break through. SolBTC: Sitting at .007631 with an increase of 4.6% on the week. Showing some strength. Is the end of this down only chart upon us? I sure hope so. The best part about this was that BTC was looking super bullish too, both showed strength, SOL outperformed. Today is the release of BERN - a Bonkearn token thats a new dog coin. Highly anticipated, airdropped to Bonk holders and has taken up most of my time this morning. What we know: New token standard - 6.9% fee burning when selling. Forced hodl tokenomics. Can only trade on a weird dex FluxBeam and I had a bunch of failed transactions this morning. Some big sales of early holders. I'm bullish overall and holding for a while. It crushed my Bonk position, round tripped some solid gains. However this actually burns Bonk so it should be positive for the Bonk bags. Meme coin season has gotten so out of hand, that this seems like a solid one that's creating some new use cases and tech on Solana. IF we were to compare this to what's going on with Eth, this is real use cases where Ethereum folks are just sending Eth to people that posted an eth address promising nothing in return. I don't get it. More of my bags talk:SMB back over 200, moved to xNFT, Gen 3 teasers are looking solid and looking to be released early next month. Soon. MadLads - holding steady, pumped and it seemed like the massive wall of AMM's was breached and sitting at 84. ZMB - The Zero Monkey Business derivative project by uharefat or something like that is pumppping. All hand drawn, unique, tons of art respectors like them. I own some, they are pumping because he did the Ordinal Maxi Business project on Bitcoin and it's almost a 2 bitcoin floor. Cheaper access to the ZMB, sweeping and over 10 sol floor. I got a Clayno! With my Saga i got a free mint and minted a sick charcoal clayno. Very excited about it, seeing mixed reactions on the timeline. On one hand i could dump it and pay for the phone, on the other hand I want to support the team that is making sick art, and promoting the solana ecosystem with this drop. I hold. Famous Foxes holding steady at just below 60, seeing tons of action with their nft lending protocol citrus. Also been dabbling in Sol City Poker's poker tables and I like what i've seen so far. Deposit USDC and you can play in a few seconds. The tables dont seem botted or filled with sharks either. Good vibe, and fun. Asset dash launched their NFT and it sold out super quick, and I'm actually pretty bullish on Sol NFT's launching. We've got SMB Gen 3, we've also got Tensor's nft coming out which is art by Zenom, and he's also advising on SMB's so it's his time. Some fun thoughts:A Solana Weekly podcasts that looks at an hourly chart is hilarious. Our corner in this space is small. There is finance, there is crypto, there is bitcoin, eth, then there is solana. Bitcoin is digital gold, Eth is programmable money, Solana is a blockchain built to be used. There isn't even a tagline or a single use case. Yes lightspeed, but we're still seeing what exactly a superfast, highly programmable blockchain can build. Some of the most exciting are what I try to highlight. Bonk being distributed to over 450k wallets is something that can't happen at a feasible cost anywhere else. We have a freaking phone that stores our private seeds within the hardware. We have our very own Dapp store that doesn't charge 30% like apple and has crypto native applications in it. There are compressed nft's that you can mint a million for 10 bucks, not sure the exact application of this many, but you can do it. i had an idea that you could distribute text books this way, teacher compiles data that they want students to read, distributes them as a compressed nft. Get's rid of cost. Maybe have people pirate them first until it's big enough. I think Tensor is actually one of the better examples of this. Two developers from Canada took on a Silicon Valley Unicorn Magic Eden and are winning the battle. Yes they took ideas from Blur, but wh

What’s up everyone! This is Thomas Bahamas and you are here for Solana Weekly episode 26! Solana Price - $19.10, down 7.7% from last week and looking like it wants lower. I’m going to get deep into why this is and why the sell pressure won’t stop anytime soon.SolEth - Sitting at .01069, down 7.5% from last week. Eth not looking strong, but Sol looking weaker.SolBTC - .0007293 - which is a decrease of 5.5%, Sol is not performing well and holding up to the rest of the market.Why is Sol dumping you’re probably asking? Well we have major bagholders dumping.https://twitter.com/solanobahn/status/1660465899995025408 Here’s a thread worth reading by SolanoBahn.But in summary we have a super old wallet somewhat connected to FTX/Alameda that is dumping the f out of Sol. They had 17 million Sol and have dumped 7 million Sol of it so far. This is likely the “Wintermute Dumper” that has been TWAPing out of their position for months. They are the reason we haven’t had breakouts and it looks like the buyers at 20 have exhausted their willingness to defend it. Now we break down below support and they still have 10 million Sol to fire at us. Not great.So short term it’s not looking great, my guess is we hit 17, bounce, then hit 13 in the short term. But all is not lost!We’ve got a long term massive bull case for Solana thread, one that I haven’t really seen.https://twitter.com/solbeachbum/status/1660604668332896258Sol Beach Bum coming out with that fire. On it’s current path this puts Solana price up 100x in 10 years, moving to a deflationary currency, a store of value, and TPS over 200k. Rarely do we see predictions like this backed up by data, and I feel like he did a good job of putting those projections together. What this means for us, is to watch out with leverage, stack your Sol’s while you can, be in it for the long term, and that Sol’s price will be stunted in the short term. Once you know this, it will set you free.Metaplex drama - starting to tax NFT mint’s at .01 Sol per. Community up in arms.MadLads catching a pump and I’m here for it.Asset Dash’s Vanta NFT just dropped and sold out in minutes, good sign that there is still demand for good mints, I just haven’t seen that many.Chat GPT coming to Solana.NFT Fi is still exploding, people are stacking that Sol this way, still think it’s generally useless and a net negative.FTX 2.0 gaining some steam.Ledger - everyone is pissed at it for adding an OPTIONAL social recovery plan. Good idea and probably needed if we want secure storage for normies, but pissing off us cypherpunks.BTC NFT’s are pumping and HGE is moving ABC over.Drift is killing it, added mSOL as a collateral option and have 6400 mSol deposited currently.What it all means: I don’t think we are out of the weeds with sol and sol NFT’s just yet. The plan is to dca during dips for the next few months. If we get under 15 we stack hard. We are in an era where the protocol of Solana has immense value and is hitting its stride while the value of its token will be suppressed for the short term. I don’t think Solana summer will be the Solana token mooning. I think it will be opening up access to all markets on Solana. I think NFT’s get sorted out with Metaplex capitulating or a new standard being introduced. All this leads to more transactions, more users, better use cases and strengthens Solana’s value proposition.While beach bum’s 10 year outlook seems pretty high, I can see it happening. That’s a 100x from now. That’s $2000 Solana and 500 Solana makes you a millionaire.We must simply look at the big picture, not waste our time playing games we can’t win. Adapt, overcome, thrive.Stay healthy friends, Get full access to The Dramas of Thomas Bahamas at thomasbahamas.substack.com/subscribe

* Solana Price Update: Sitting at $20.70, only down a tiny bit from 21 last week. Range is tightening, high of 21.50, low of just under 20. Fees like we’re coiling and ready for a big push up. * Both SolEth and SolBTC are basically even as well. It seems like we are just in a bit of a lull in crypto here. * Dudas and 6th Man Ventures announcing 100 million dollar fund. * Best protocols: Drift, Dialect, Solcial. * Proof of stake and history.* Regulation.* NFT’s - mostly meh, Madlads Merch, Vibe Knights.* Attention economy and rage against the community. * Famous Fox Federation checks all the boxes. * SMB holds the attention.* Bonk hit a bottom maybe and starting a come back? * Purpose and Meaning of crypto. * FTX 2.0 and the derug. * The importance of staking your Solana.* Validated podcast with Drift was excellent. * Check us out on Google podcasts too for the saga folks! Get full access to The Dramas of Thomas Bahamas at thomasbahamas.substack.com/subscribe

What’s up everyone! Welcome to Solana Weekly Episode 24. This is Thomas Bahamas and I want to thank you all for joining in on the fun. I skipped last week and need to apologize, I was recovering from the flu and every attempt to record turn into a coughing fit. Gotta give a shoutout to ItsLloyd on Twitter for keeping me honest. Feeling better now, and we’re so f-ing back, and I’m going to hit you with two weeks of alpha in one. I’ve realized that a lot of podcasts seem to qualify the host with credentials, so I’ll attempt a brief elevator pitch of sorts. I’ve been tinkering around on Solana the last two years, Eth and Bitcoin before that and I have a background working in account management and UX/UI at a B2B SaaS company. So a lot of my takes are centered around the unique experience that Solana can provide and tie in some fun that I’ve been having. Solana seems to be the only blockchain that actually focuses on this and crushes it, so I think that’s the reason that it’s so sticky for me. * Solana Price Update: Sitting at $20.99, down a total of 1.7% in two weeks. Some might say it’s more stable than most stablecoins, but this chart is looking pretty bad. We went up past resistance into the 23’s for a little but, but it rejected and haven’t really turned it around. We’re just kind of hanging out on support while Bitcoin and Eth look ready to dump. I’m hoping we hold steady, but my analytical mind is saying we’ll likely hit a dip here. I will be a buyer under $20 for sure. * Solana vs. Ethereum: Down to .01122 with a minor decrease on the week so small we don’t even need to go into it. But I’m seeing the narratives starting to shift on Eth with the transaction fees spiking. Eth L1 fees have hit highs of like $250, while L2’s have seen $50. Not sustainable, and what we are seeing is basically an advertisement for a blockchain that settles at the speed of light for a fraction of a penny. * Solana vs. Bitcoin: Sitting at .00076 which is a small increase of a couple percent. I remain bullish on this chart. I remain bullish on Bitcoin and even more bullish on Solana outperforming it. So I’m keeping a bag of both, while more heavily weighted to Solana until further notice. I’m also seeing our favorite VC’s Jump teasing a BTC product for what I’m hoping is on Solana through their bridge Wormhole. People have been calling for it. * Solana News: Fire Dancer teasing 1 million transactions per second and doing incredible work reworking the Solana client. I saw that Toly mentioned the third client will likely be AI taking both sets of software and creating a third. Insane. But Firedancer is the path forward and will be what get’s Solana out of it’s Beta stage. I’m pumped for the redundancy client and that this will basically remove downtime based on bugs. If there’s a bug in one client, you simply use the other. This is the immediate benefit, but the efficiency increases in the code base and structure will be what leads to unlocking speeds that are unheard of. I hopped on a Solana team call, they opened it up to everyone and it was amazing. They had Armani talk MadLads and give details about his mint, they talked development and it was sick that they were able to allow everyone to join in. Excited for the next one to be quite honest.* Solana Mobile is a hit, I believe they sold out of the initial batch and have now opened up sales to Europe. I need to do more testing, but it’s a sick phone. I am now comfortable with most things Android, and the UI for crypto is literally a game changer. Crypto native phones are a game changer. The dapp store is a game changer. This is huge and I’m loving all the attention it’s getting. I have been starting to think that rather than complain about your privacy being taken, you should do something about it and Saga is literally doing that. I also am embarrassed by how hard it is to change everything over from my iPhone. I have my iphone stand I put my watch and phone on at night, during the day I have my Apple Air pods and use the case while working to prop it up a little bit, and I have a magnetized holder for my iPhone in my car. I’m still using it as a second phone, but want to make the switch. * Helium has officially migrated to Solana and has released their Mobile 5g service. I don’t really know how it works, but I’m on the second wave of beta’s and will let you know when I know more. I want to run my own node, but I don’t think I live in a dense enough town for it to make sense. Still I’m going to research this. I think this is crazy because I remember researching setting up a node years ago when Helium first came out. The idea is awesome and they should be able to open up a lot of cool capabilities and I get a free month of service for buying a Saga. * I finally got to sport my new Mad Lad PFP of my dapper lad smoking a cigar with red background. Kind of pumped about it. * Sui launched and it seems like they are not quite getting the pump they were looking for. Real low float with

What’s up everyone! Welcome to Solana Weekly Episode 23. This is Thomas Bahamas and I want to thank you all for joining in on the fun. This has turned into one of my favorite parts of the week and I can’t wait to dive into what’s been going on in Solana. We’re still attempting a space on Twitter and we’ll see how it goes. I’ve been consuming a ton of Solana content and want to start with expressing that this is a user experience based Solana podcast where I talk about my journey and views. I can’t keep up with everything in a week, I’m not on the Solana team or any team working in the space, I’m just out here having fun on the fun chain and chatting about it. But it really does seem like all the part are setting up for a killer Solana Summer. The Mad Lads kicked off a mint and the whole space has been electric ever since. I’m liking where this is heading and let’s jump into it.Some AI of the monkey’s celebrating for you: * Solana Price Update: Sitting at $21.37, down a total of 9% on the week. This chart doesn’t look the best, and earlier today we looked like we were about to send until we dropped from 23 to 21. That’s about a 10% drop and it happened immediately. Hsaka Trades tweeted out that there was an alert for a US gov wallet moving funds and Jump Trading dumped everything immediately. The kicker is that it was a false alarm. So we’re heading back Is this true? I don’t really know, but it would line up. They seem to be the biggest player still in Solana from what I know and they can move markets. Hate to see it and hoping for a recovery. As I said in the intro, the vibes for Solana have been crazy all week and I’m waiting for price to catch up. * Solana vs. Ethereum: Down to .01145 with a 2.8% decrease on the week. Small decrease, whole market looked pretty dumpy until this morning really. I sold some Eth for Sol because I just see such a disparity right now in the market. Eth transactions are $50 and Solana transactions aren’t even a penny. Hard to justify paying that anymore. * Solana vs. Bitcoin: Sitting at .0007501 which is an decrease of 5%. I’m still super bullish on this chart even though we keep going down lol. I’m seeing more alignment and calls for BTC and WBTC on Solana, and a marketplace for trading wrapped ordinals on Solana. I’m 100% in on this and think that Solana would make a killer L2 for BTC. * Mad Lads mint - a beautiful disaster. They minted in their Backpack wallet and overall it was a sick experience. That was super delayed due to ddos attacks. But to the wallet - solana hummed on at normal speeds and handled it perfectly. Mint was unique because it was in the wallet, you minted a rug and went to the xnft to find your actual lad. So much to say about this, but it was effectively a mass advertisement for backpack and it worked. Love backpack now, the art for mad lads slaps as well and has been performing like crazy. Up over 10x from mint and doesn’t look like it’s slowing down. I actually swapped my pfp to a mad lad and went to Twitter jail for a week while my profile is under review. This is funny because I actually swapped that nft for another sicker one, so I’m currently pulling a milady tactic where I don’t own my pfp. * Tensor - absolutely crushing it. They are doing no fees for the lads and have officially flipped magic Eden. It’s insane. Their product is so freaking good though. Everything about their platform is superior to magic Eden and they deserve this. The volume is also insane, mad lads was the most traded nft project of ALL NFT’s, yes that includes eth NFT’s too. It’s big and it’s the example of a great product at the right time. Magic Eden seems to be clapping back by hiring another intern that shitposts, I like it and missed the war bucks s**t posting. But they haven’t been focusing on Sol and can’t keep up at this point. * Solana phone! I got mine yesterday and unboxed it super hard. It’s sick. I hate android and have to relearn everything, but it’s worth it for this phone. It’s a punk rock feel of a phone where it just seems like a lot of love and tinkering went into it. Drawbacks : it’s long skinny and heavy, but i just need to get used to it and turn off all these damn notifications. * The fun chain thesis: Solana is the fun chain because of everything you can do on it right now. It's built for users, you can do a bunch of cool s**t on chain, and they are building out a ton of cool new things and use cases. Historically blockchains have been primarily built for contrarians and doomers in Bitcoin, and an extremely complicated and intertwining web of complex ideas going no where in Ethereum. Don't believe me? Listen to a Bitcoin space and you'll hear how modern finance is doomed. Listen to an episode of Bankless and you'll hear about ultrasound money that costs $50 for a transaction, but burns some of the supply and causes the supply to be deflationary, making it a big bonus. Solana is simple, it's one layer, that can process transactions simultaneously across

What’s up everyone! Welcome to Solana Weekly Episode 22. This is Thomas Bahamas and I want to thank you all for joining in on the fun. This has turned into one of my favorite parts of the week and I can’t wait to dive into what’s been going on in Solana. I’m testing out a new way of doin this where I go live on Twitter for a space. My team decided that I needed to create a Twitter profile (@solanaweeklypod) for the pod to separate from my terrible twitter posts. (There is no team.) I figured it would be a good time to test out how this amazing technology works and nobody follows that account yet so I’m hoping no one joins and messes up the flow. If they do, we adapt, overcome, improvise, and download the audio and release as normal. (Update: my Airpods spazzed out so I’m not releasing space.) But we have another great show for you guys, we’ve got the mint of the year coming up today with the Mad Lads, prices remain up, memecoin season came and might be ending, SMB IP is getting transferred and we go over how I fumbled the bag by trying out a raffle. * Solana Price Update: A review of the current price of Solana and its performance over the past week. Sitting at $23.37, down a total of 1.39% after breaking out of it’s range last week it just couldn’t get out of the resistance right below 26. I thought it was going to send, but the selling pressure has been to high around that level. I’ve also been reading that Wintermute has been absolutely dumping the hell out of Solana. They had something like a million Solana and have been offloading to recoup. Not ideal, how long will they continue this? We’ll see. Narrative is there, we will overcome. We saw a massive dip last night, hope it stops. * Solana vs. Ethereum: Down to .01178 with a 4.5% decrease on the week. This was looking really good, but Sol took a dive against the market. * Solana vs. Bitcoin: Sitting at .0007997 which is an decrease of 1.6%. I’m still super bullish on this chart. The White Wolf shared this chart on Twitter saying it’s the generational bottom. It’s not happening now, but this is a chart I’m keeping my eye on. * NFT Happenings: On to what the fun chain does best. Biggest news is Mad Lad’s is dropping today for whitelist and tomorrow for public. It’s going to be huge. Everyone in NFT’s, not just Solana NFT’s is pumped. It’s the best advertisement for the Backpack wallet I could imagine, a hyped mint. We’ll see how it goes, but I’m minting two and freaking pumped. I think this is going to be a pivotal moment for Solana NFT’s with the release of xNFT’s to everyone. Executable NFT’s directly in the wallet. These are basically dApps that you can buy and trade and execute in a secure environment. So I’m pumped and I’m excited to see the expansion of NFT’s into more than just pfp’s. * An example of XNFT’s and the amazing utility of quacking is in the newly released xnft of Crypto Duck Punkz. If you download their xnft you can view all your ducks in it and make them quek! It’s hilarious, but I think it’s also a good demo of the product. Ducks are still doing great, meme’s are hopping, giveaways in discord, useless staking also.* SMB IP is in route to Monke DAO, not exactly sure when the release will be, but the deal has been done and I’m waiting on a Nom post to send my SMB to the moon. This is huge, I can’t imagine a better ending to this story and I’m very pleased that the owner is a top notch DAO rather than a borderline scammer. * The Heist minted yesterday and it was a banger, I skipped it, but the game is live as of today and it looks like people are having a blast playing it. * The Chads are minting tomorrow as well, I don’t know too much, they are funny on Twitter, I’m minting. * I also decided to test out a Famous Fox Raffle and dove right in. I wanted to sell a TFF and a Degen Ape above floor, I watched a bunch of other raffles on Famous Foxes go above floor so I said f it and went for it. TLDR, it didn’t go well. Both went just under floor and I would consider it a massive failure. I assumed there was risk ahead of time and figured that the move was +ev overall, but I felt like an idiot for bit. * Solana Phone purchases are live and I got one baby! Ship out on 4/20 and I’m pumped about it. They are doing a whole slough of rewards and bonuses. They sent out cards to everyone and if it made a good poker hand you got a discount, I got four of a kind and they took $50 off. We are also getting some $ on Magic Eden, and a free mint for a new collection of Claynosaurs. I think I’m going to come out ahead on this one, but I’m also just so pumped with the possibilities here. * Helium merge to Solana is also live as of today. Helium is running on Solana and I get one free month of service from Helium with my phone. So I have no idea how to use it, but I’m going to figure it out. But I’m bullish on other protocols doing their own research and finding what they need in Solana. * Bonk is performing super strong and I think it’s going to outperform

What’s up everyone! Welcome to Solana Weekly Episode 21. This is Thomas Bahamas and I want to thank you all for joining in. We’ve got Solana breaking out of it’s price range and the community is teaming up to rally against the disinformation campaign against Solana. More at thomasbahamas.substack.com Get full access to The Dramas of Thomas Bahamas at thomasbahamas.substack.com/subscribe