Haotian | CryptoInsight
Haotian | CryptoInsight|Sep 12, 2025 06:08
Why is it said that the newly accumulated DAT rounds of @ multicoincap+@ jump_+@ galaxyhq may be undervalued by the market? Let me share my personal opinion: 1) Forward Industries, Inc. (FORD) is a well-established company listed on Nasdaq, but its market value is not large, currently less than 60 million yuan, with 1.71 million outstanding shares. After injecting new operational business through PIPE private equity financing, the original operating entity has little burden, so the subsequent impact of being a shell is relatively small; 2) @ KyleSamani is like @ Taylor of BTC and @ fundstrat of ETH, and has always been a very persistent technical and narrative evangelist for SOL. In this DAT game, he personally invested an additional $25 million, which is obviously going to have a big impact. 3) The three major institutions of Multicoin, Jump, and Galaxy have a deep connection with Solana, with Multicoin having accumulated investments of over 500 million US dollars within the ecosystem; Jump, as a high-frequency institution on Wall Street, has been involved in the game, serving as a Firedance node, exploring the DFBA (Double Flow Batch Auction) mechanism, and providing Market Maker services to the ecosystem; Galaxy has accumulated holdings of over $1 billion in SOL and has also tokenized its stock GLXY on Solana, demonstrating its impressive advantages in global VC networks and institutional resources. The strength of such a highly complementary iron triangle, consisting of narrative preaching, technological innovation, and resource outreach, should not be underestimated; 4) Solana's upcoming Alpenglow consensus and Firedance client node diversity will significantly enhance its own performance. TPS has undergone over 100000 mainnet tests before, and its execution speed can be reduced to less than 150 milliseconds. The DFBA innovation mechanism may give birth to a killer new product on the Solana chain. The key is that there is a technical detail that many people have not paid attention to. The latest SIMD-228 governance proposal was rejected. If it is passed, it will reduce SOL's pledge inflation yield and greatly affect the attractiveness of DAT stories to institutions. Technical performance, innovative genes, and profitability, you see, everything seems ready just to roll up the DAT baton belonging to Solana; 5) The DAT narrative of @ solana is not just a copy of the "micro strategy" model of BTC, Ethereum, and other Altcoins. Other DATs only focus on the token itself, but Solana's DAT treasury will radiate the entire ecosystem, ultimately tearing down the positioning of a pure MEME chain and transforming into a new narrative of Internet Capital Markets (ICM). This is in line with the TradFi convergence trend promoted by the US encryption friendly government. Moreover, ICM's narrative is grand enough for Solana to encompass a range of narratives such as MEME launch pad, DePIN, PayFi, HFT Trading, and more.
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