Solana Weekly #34 - Solana Summer
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What’s up everybody! This is Thomas Bahamas and you are here for episode number 34 of Solana Weekly.

Sol Price: $26.72

SolEth- .01401 - with an overall increase of 17.73%.

SolBTC - up 24%!

With the increase in Sol Price, we have to unfortunately AGAIN talk about the underperformance of NFT’s.

One NFT that’s catching some steam is our good old friends over at the Crypto Duck Punkz. We got some sweepers sweeping, we got Dudas tweeting, we got memes, are we back? Maybe. Still like the idea of a project that has no utility and is super fun. When the shoe’s come around it’s a blast, otherwise it's kind of a ghost town.

Release of Neon and Solang bring solidity and evm to Solana! Pretty huge.

Defi Continues to crush.

Superstake - clean easy financial products on top of defi. Think this is the future, keep the dirty stuff on the back end.

Marginfi crushing - over 20 million lent

Trying to find the perfect long term portfolio plays. Lst’s remain high.

My favorite story in the crypto news lately is the Ben McKenzie anti crypto arc. It’s amazing. Yes the guy from the OC, yes he has a book, yes the story is absurd and he looks like an idiot.

Taxes - no one wants to talk about them in crypto because they are a pain

President debates are heating up and crypto is on their mind. Rfk jr looking at both holding btc reserves to back dollar and remove the cap gains tax. Desantis rages against CBDC’s, and I’m expecting a lot more of this.

Lightspeed has been released, just listened to a great episode of the Cove with Austin on, the podcasts are so back and I'm glad that I can get the alpha from them.

I’m also reading a book titled “You Will Own Nothing,” by Carol Roth which is fantastic.

Anyways that will do it for this episode of Solana Weekly. Looking forward to what else we can drum up this week and hope you are all enjoying yourselves as much as I am. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit thomasbahamas.substack.com)