A lot out there seem to be losing faith real fast. Don\’t forget that we are also in a bear market and have been in it for sometime now. But that being said I too agree that we wont be seeing Solana pump all the way to the top. At least not anytime soon. I would not call it dead though.

If you take this from a bearish scenario and if Sol does not find its use case in the next couple of years, it could start to fall to the lower market cap ranks of top 20 or 30. Just look at what happend to other layer 1s.

It usually is the case where you see a coin pump during one cycle. But it will never go up to that limit.

If you look at the stats and do the math you can understand what the status of it is. Even with all the adoption happening its still not possible. I mean reaching 250 would be a dream from where it is now.

If you are asking if Solana will hit a new all time high. I don’t think so. But Sol has been working on a lot of things and has a good eco system.