**What’s up everybody, it’s Thomas Bahamas and welcome back to another episode of Solana Weekly, where we break down the latest moves in Solana and figure out where we are going. **
• Solana (SOL): $143 – The pump is real.
• SOLETH: 0.058– Slight movement upward.
• SOLBTC: 0.00225
Macro Take: The recent 50 basis point rate cut from the Fed caught the markets by surprise and launched a serious rally. Everyone expected 25 points, but the 50-point cut is pumping risk assets hard. The markets seem lined up for a big pump, especially with Bonk and the explosion of meme coins on Solana making headlines.
Let’s talk Bonk. If you didn’t believe in Bonk, you might want to reconsider. It’s been perfectly primed for this moment.
Seems like a ton of big protocols have raised money recently.
Big Update: The Solana Phone, the Seeker, is here!
Phantom usernames are released., but this must be an attempt to keep users on their wallet.
Breakpoint 2024 is heating up.
Magic Eden teasing their airdrop again, get over yourselves and drop the damn token.
I locked up some funds on Adrena, which is a new derivatives protocol coming out soon.
AI - nothing completed, potential is unreal.
Ordlibrary on Twitter to see all the things he’s been building.
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)
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