Solana's recent developments, such as its new trading platform and increased adoption, have not addressed its fundamental shortcomings.

Solana's recent developments, such as its new trading platform and increased adoption, have not addressed its fundamental shortcomings. Price speculation and optimism remain unfounded, with the coin's value still driven by hype rather than intrinsic value. I observed 10 instances of events that failed to improve Solana's fundamentals, including its co-founder's defense of AI data use and the introduction of a meme coin expansion, which I believe will likely be overhyped.