Correct, the real institutional money will stay in BTC/ETH since they cannot buy anything else. That’s why it’s not smart to not have any of these 2, no matter how bullish you are in Solana.

But you can still expect some rotation from Bitcoin/Ethereum holders who are in profit who are crypto native like us.

Never cashing out, doesn’t make sense

There will be a company like MicroStrategy but for ETH, mark my words

The majority of it is to be unlocked. Your statement made it like it’s all resolved so I corrected it.

Also supply and demand dynamics is difficult thing to predict. And you’re making lots of hypotheses there.

Wrong. Most of SOL tokens are still locked and 600000+ SOL is being unlocked every month as we speak.

https://docs.google.com/spreadsheets/d/13nUTrm59lUjOiQPbtXD44JW0KLm-OXmZLMURzZeu888/edit#gid=0

If you check on-chain they have been selling now. It is a surprise that the price went up instead but whether this is sustainable or not I don’t know.

This is what people don’t understand. SOL is not something you hold. It is not a store if value, it is a utility.