
CryptoCondom|Oct 15, 2025 23:31
NGL. The state of Solana DATs is pretty grim atm.
💀Trading volume is in decline for the past month minimizing the possibility of ATM buys.
⚠️Furthermore, most SOL DATs are trading well below mNAV with no free cash left on hand to deploy.
Worth noting: Although SOL ETF approval is a bullish narrative, currently SOL staking ETFs to-date have had anemic volumes which do not outpace the rate of SOL circulating supply inflation from network rewards and unvesting.(CryptoCondom)
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