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Part-IV of the New coin series (Mid - Long term)$CLOUDI think it goes without saying that Solana has printed more millionaires so far this cycle than any other chain courtesy of pumpfun

CN
Metaquant
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1 year ago
AI summarizes in 5 seconds.

Part-IV of the New coin series (Mid - Long term)

$CLOUD

I think it goes without saying that Solana has printed more millionaires so far this cycle than any other chain courtesy of pumpfun, so much so that we mostly refer to it as a meme-only chain.

However what's mentioned less often is how well Solana's newly launched DeFi projects have performed;

KMNO - hit over 10x from August lows (ATH)

DRIFT - hit over 10x from August lows

PRCL - hit over 5x from August lows

then there is Jto and Ray

Yet there is one coin whose fundamentals have been up only but is still trading at 2x from the August lows with No team Unlocks until Q2 25

> Has 1.8B TVL (only 20% lower than KMNO, 30% than jup)

> Is partnered with two T1 CEX's for product integration

> bnSOL, launched in collaboration with Cloud and Binance has reached over $1B mcap - this TVL is also not included in the 1,8B TVL attributed to Cloud (important)

> Looks to have caused some panic in the market leader (Jito) as seen in JIP-09 - Cloud's Sanctum Router has been taking ~$25M liquidity from JitoSOL pools via Sanctum router, growing Cloud's market share

And when I see more and more Solana DeFi projects getting T1 CEX listings like $ORCA last week, I don't see any coin better positioned than Cloud given its ties to Binance through bnSOL.

Decent backers

What makes it even better?

Sol sentiment feels bottomed

Today feels like capitulation on the chart

r/r is good because downside is pretty capped from here

Not a single mention on my timeline – these are the types of coins I can wait for and hold onto for months.


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