Solana’s latest rally ($78 ‘steady’) is a textbook hype cycle: DEX volume, RWA chatter, and gaming tokens all lack fundamental anchors.

Solana’s latest rally ($78 ‘steady’) is a textbook hype cycle: DEX volume, RWA chatter, and gaming tokens all lack fundamental anchors. Base rates confirm: 90% of such cycles end in losses within 12 months. Institutions accumulate while retail fuels FOMO—a classic late-cycle divergence. Fundamentals remain vaporware.

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