Solana Weekly #53 - Happy BTC ETF Day, If You Celebrate
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What’s up everybody! This is Thomas Bahamas and you are here for another episode of Solana Weekly. Barry said it’s going to be a big week and is finally right, we are getting legitimized.

Let’s take a look at how a BTC ETF will impact our bags, the btc price, the whole crypto ecosystem, and how we set ourselves up to benefit off of it.

Sol Price - 97.13 and looking like it's ready to pop up.

SolEth - .04 - slight dip here, Eth and Eth beta plays are catching a bid.

SolBTC - .00209 - this is an interesting one because Sol was mimicking BTC's price action on these wild swings.

What were the wild swings you ask? Well the freaking SEC's twitter account was hacked yesterday and they released that the BTC ETF was officially approved.

Bonk of course is pumping - at .00001503 and I will simply smooth brain hold this longer than

Saga Phone continues to crush.

Helium - again, this is seeming more and more like a no brainer to switch over to.

Focus on the majors, as tempting as it is, I think this is the time to sit in spot and sit in majors.

Coinbase convo

SMB can't catch a break.

Quekz floor is down, but the vibes haven't left, the whales simply hold, 250k treasury for parties, centered around fun. So I will keep holding.

Airdrop Update:

Jupiter will be the biggest of the year as far as wide distribution and total value.

Margin is being overlooked, once they convert points to tokens we could see massive wealth effects. I've added significantly to my lending after thinking about this.

Drift - contender for coming out with something massive.

Kamino is dropping their points system soon, this could be big .

Samo did an airdrop to Saga holders and made a tool to airdrop holders of the Genesis NFT token.

My guess is after the Jup drop we see NFT's catch a raging pump and we unfortunately see a ton more memecoins go to the moon. I hope the usedcar and urmom coin go to the moon and we all make it. There's going to be so much opportunity and so much fun out there I can't wait. Let's get onchain and have some fun out there. 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)