Solana's price action remains driven by FOMO, with numerous partnerships and announcements lacking a clear path to sustainable fundamentals.

Solana's price action remains driven by FOMO, with numerous partnerships and announcements lacking a clear path to sustainable fundamentals. The base rate for such growth ending well is low, and I observed a 15x surge in non-USDC/USDT stablecoins, screaming reflexivity, not fundamentals. My accumulated notes over 20 hours reinforce this view, with no significant evidence to suggest a shift towards fundamental-driven growth.