Think Anoma is building cool tech.
But tech alone ≠ price action or valuation.
At pumping straight to >$2B FDV, with what I perceived as a rater negative sentiment on CT, I just had to go short.
Taking that risk payed off.
Only flaw is that I'd have very much preferred to do

Twitter

Global payments giant Visa has launched a pilot to test stablecoins for cross-border payments, providing businesses with a new way to transfer money abroad more quickly.The pilot will allow businesses...

Visa pilots stablecoin payments for businesses sending money abroad

As is known, the US Securities and Exchange Commission (SEC) made an important move yesterday that paved the way for altcoin ETFs.
According to a report by Fox Business reporter Eleanor Terrett, the S...

8 Altcoin ETFs, Including XRP, Solana (SOL), and Dogecoin (DOGE), Requested Yesterday by the SEC! What Does This Mean for 8 Altcoins?

With the market's attention focused on the Perp Dex and stablecoin protocols, the Solana meme coin became a thing of the past almost overnight. While daily revenue on pump.fun remains substantial, it's difficult for players to capture the tens of millions of dollars in "large MC memecoin" they once did.
In this environment, $nl, whose market capitalization briefly surpassed $10 million today, can truly be called a "large MC memecoin." This coin, launched on pump.fun, is a "meme on Solana..."

10x in two days, perhaps the most abstract Perp Dex on Solana

and $XPL dip comes in at exactly the right time to scoop up more with the gains here