Picked up some GP, 2 level seems like a decent trade r/r into the announcement.

A utility play finally grinding up and doing well on Sol, opening room for other legitimate utility projects to catch a bid.

One of those projects that ticks every box - everyone knows it’ll run eventually, but most are holding out for a cheaper entry or waiting for someone else to pull the trigger.

“That news is old” people miss the point. In this space, timing and positioning matter more than novelty. The same headline can move markets if the setup’s right.

Some of the worst positions I’ve taken started with one subtle shift: My reasoning changed from “I think X will happen” to “I hope X happens.” That hope-based reasoning creeps in more than people admit to themselves. And to be fair, some degree of speculation and uncertainty is inherent. But the moment your thesis hinges on someone else doing something (e.g., “I hope the team launches X,” or “maybe a big account shills this”) you’ve lost control of the trade. That kind of setup isn’t invalid by default it just needs structure. You need to bracket it with rules. What helped me is refraining it like this: “My thesis is that X will happen by N time. If not, I’m out.” “If price drops to Y and fails to reclaim, the setup is invalid.” Without those constraints, you’re no longer trading a thesis; you’re praying for one to appear. The second-order problem? Hope trades linger. You hesitate to cut because “maybe tomorrow.” You anchor to your entry. You stop evaluating risk dynamically. And that’s when a small misstep turns into a big loss. Build structure around your beliefs or be ready to get punished by them.

Maybe controversial, but a big reason Sol leans into memes and lags on utility is the rise of tight inner circles. Memes are easy: - No dev work - Quick coordination - Fast cycles for attention and exits Once that meta takes over, incentives break and it becomes recursive. That’s what participants chase, so that’s what gets built. Why spend months shipping when coordinated pumps outperform real products? Builders migrate, go quiet, or play the game and the chain keeps optimizing for low-effort speculation.

Hyperliquid.

Do you think we see BTC first at:

Base down? Last block seems to be 30m ago..

- $300M AUM (10s of Xs greater than Mcap) - Top-tier performance, recently a 200% return - Major V2 update this week: New Token + Brand new Chart - Vaults launch: profits used for token buybacks - Big marketing push in August as soccer season Chart starting to curl...