In fact, I think SOL could easily get a 15x to 20x TVL multiple on the basis that TVL will continue to accelerate on strong fundamentals & strong hype evidently continues to build as seen with images below.
AVAX was also able to get to 20x TVL multiple despite TVL declining, which makes the case that $SOL getting there even stronger.
On a base case scenario where I believe TVL could get to 4bn and you apply a 15x to 20x TVL multiple, $SOL could get to a 60bn to 80bn circulating mkt cap.
That would be 4x from here.
Thinking big picture is how you get rich in investing.
Came across a very interesting project recently that reminded me of @OlympusDAO back when it was $30mm mkt cap.
Chart looks prime, now is the $TIME anon.
This is an easy 3x at the minimum from here.
Some quick thoughts 👇
As you all know, making a non-pegged stable coin project come to fruition is difficult.
@OlympusDAO was able to succeed because it was able to attract a strong community early on where everyone believed in (3,3) Zeus was also a god figure which helped.
Wonderland is an experimental fork of Olympus on AVAX with more aggressive treasury mgmt.
The project is founded by @danielesesta (giga brain) from Abracadabra & Popsicle.
To bootstrap the project, Wonderland will donate 30% of rebase fees to Olympus as a sacrifice to the gods
$PENDLE just announced some massive changes to the protocol, which I expect to drive material fundamental growth for the protocol over the coming months.
Interest rate derivatives is an untapped market in DeFi and there is continuous innovation happening here.
👇 to learn more.
Here is a quick recap on @pendle_fi in case you forgot.