Looking back at the SOL ecosystem, I mapped out this trajectory months ago, but held onto optimism about a different path forward. Over the past eight months, I genuinely believed the meme coin phenomenon on Solana could shift—that we'd see a maturation of both project quality and community behavior. Reality proved otherwise. The technicals aligned with my original bearish thesis, and the market dynamics didn't budge. The data speaks for itself. My position? SOL faces real headwinds. I tracked the metrics, attempted to rationalize a bullish narrative, but the charts told a different story.
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Looking back at the SOL ecosystem, I mapped out this trajectory months ago, but held onto optimism about a different path forward. Over the past eight months, I genuinely believed the meme coin phenomenon on Solana could shift—that we'd see a maturation of both project quality and community behavior. Reality proved otherwise. The technicals aligned with my original bearish thesis, and the market dynamics didn't budge. The data speaks for itself. My position? SOL faces real headwinds. I tracked the metrics, attempted to rationalize a bullish narrative, but the charts told a different story.