Stop scrolling for a second. This picture is telling a story most people are missing.🚨🚨🚨
In 2021 $SOL was trading around 233 dollars. Market cap was about 71 billion. Hype was everywhere. New users were coming daily. Many people thought this was already expensive.
Now look at today. Market cap is again around 71 billion. But the price is near 126 dollars. Same value. Very different price. This confuses many people and that is where mistakes happen.
The reason is simple. Supply changed. More SOL tokens exist now compared to 2021. Market cap stayed similar but price adjusted because total coins increased. $SOL Price alone does not show real value. Market cap does.
Here is the important part. In 2021 Solana was mostly hype driven. Network was new. Apps were few. NFTs were early. Now Solana has real usage. Real volume. Real developers. Real users. Memecoins. DeFi. Payments. Everything is more active than before.
Same market cap. Stronger ecosystem. Lower price per coin.
Smart money looks at this and stays calm. Emotional money only looks at price and panics.
Sometimes the chart is not bearish. Sometimes it is just misunderstood.
These coins are in the losers list but that is not the full story. Price has dropped and now it is sitting near an important level. The fall is slowing and candles are getting smaller.
When selling starts to calm down near support it often means the worst pressure is already done. This is the stage most people ignore because the screen is still red.
Sometimes red days create the next green move. Watch how these coins behave here before you scroll past.
This Ramadan feels a little more special. Binance is bringing daily activities and rewards, so I thought to share it with you all.
If you want to join, just open the link, register yourself, and complete the daily tasks to claim rewards. Simple and easy. Let’s see what this Ramadan brings ✨