Solana's on-chain metrics paint an intriguing picture. With 2.8 million daily active users and 250 million transactions processed daily, the network is undeniably thriving. Yet here's where it gets interesting—despite these formidable fundamentals, the token carries an 82 billion market cap with a 90 billion fully diluted valuation. The disconnect between adoption metrics and market valuation raises compelling questions about pricing efficiency. Some argue this gap represents significant upside potential, pointing to comparable networks' valuations as benchmarks. The real test lies in whether network growth can sustain its current trajectory or accelerate further. If the current user and transaction momentum holds, we might just see some dramatic repricing in the months ahead.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
7 Likes
Reward
7
5
Repost
Share
Comment
0/400
DecentralizeMe
· 1h ago
SOL's data really stands out, with 2.8 million daily active users and 250 million transactions... but why is the valuation only this much? Feels like the bottom is about to move.
View OriginalReply0
consensus_failure
· 01-14 19:07
Wait, 2.8 million daily active users but only a market cap of 82 billion? That's quite a gap, feels like it's undervalued.
View OriginalReply0
orphaned_block
· 01-14 19:07
NGL, Solana's data still lags behind Ethereum. Can 2.8 million daily active users support a market cap of 82 billion? Feels a bit unrealistic.
View OriginalReply0
TopBuyerForever
· 01-14 18:56
The data from SOL is indeed viewable, but why does it feel overestimated...
View OriginalReply0
DataBartender
· 01-14 18:50
Daily active users: 2.8 million, daily transactions: 250 million. Where is the ceiling of these numbers? It feels like we're still far from reaching it.
Solana's on-chain metrics paint an intriguing picture. With 2.8 million daily active users and 250 million transactions processed daily, the network is undeniably thriving. Yet here's where it gets interesting—despite these formidable fundamentals, the token carries an 82 billion market cap with a 90 billion fully diluted valuation. The disconnect between adoption metrics and market valuation raises compelling questions about pricing efficiency. Some argue this gap represents significant upside potential, pointing to comparable networks' valuations as benchmarks. The real test lies in whether network growth can sustain its current trajectory or accelerate further. If the current user and transaction momentum holds, we might just see some dramatic repricing in the months ahead.