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Show Notes
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: 441
Bonk Market Cap: 1.28 billion and growing.
Bonk/BTC: 3.8 Billion
Overall 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.
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