also haven't seen talked about that much on the timeline but @UmbraPrivacy currently trading at ~7x for ppl who did presale on @MetaDAOProject
core issue w/ @solana that has emerged this cycle is
**too many tokens
&
**launchpads w/ lack of accountability for projects
believe that what will drive $SOL higher will be the internet capital markets thesis around real protocols w/ token+equity alignment for users & builders - memecoins were great stress test for the network & great POC for why cheap txns + high TPS is important for an L1, but it should and will facilitate a lot more activity in other areas as well
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