Say what you want, but crypto has an incredibly rich history of adhering to the notorious "4-Year Cycle."
Much of this can be attributed to BTC's halving schedule, whereby block rewards are cut in half roughly every 4 years.
If you look back at BTC's history, and even ETH's first cycle, you'll see it typically takes 3 years (156 weeks) until a new ATH is reach.
I'm going to argue SOL is no different here, as it has network effects of its own that will inevitably lead to price reaching the next wave of price discovery amid a surge in users, developers, and builders.
That said, if we chart out BTC and ETH's price action from previous high to new ATH, we'll see there is a "cup" pattern that forms over the course of 3 years.
If we draw a similar pattern for SOL, we'll see price is following virtually the same trend despite what haters and skeptics are saying. That said, if we assume it'll take SOL 158 weeks to hit a new ATH, there's only 75 weeks left to go....
Much of this can be attributed to BTC's halving schedule, whereby block rewards are cut in half roughly every 4 years.
If you look back at BTC's history, and even ETH's first cycle, you'll see it typically takes 3 years (156 weeks) until a new ATH is reach.
I'm going to argue SOL is no different here, as it has network effects of its own that will inevitably lead to price reaching the next wave of price discovery amid a surge in users, developers, and builders.
That said, if we chart out BTC and ETH's price action from previous high to new ATH, we'll see there is a "cup" pattern that forms over the course of 3 years.
If we draw a similar pattern for SOL, we'll see price is following virtually the same trend despite what haters and skeptics are saying. That said, if we assume it'll take SOL 158 weeks to hit a new ATH, there's only 75 weeks left to go....
- SOL ETF application mania starting
- Worldcoin expands to Solana
- $60M Fund to Accelerate Solana Startups
- SOL Stablecoin Supply increasing
- Pantera Capital calls Solana the Mac OS of Blockchains
- Accelerating crypto distribution through Blinks
- Sanctum Profiles to allow anyone to launch LSTs
- Kamino building the most robust lending protocol ever on SOL
- Jupiter ships V3 and is openly suggesting token supply cuts
- Perp DEX Volumes reaching new highs
- WBTC live on Solana through Wormhole
- Pumpdotfun flipped SOL in 24h revenue
- ZK compression on Solana, meaning onchain state to get 10,000x scale improvements and Solana is 1 step closer to building The Financial Computer