Has Solana hit its bottom?
Sources:
The sentiment around Solana's bottom is mixed. While some experts, like David Hoffman, believe Solana has experienced its fair bottom due to losses tied to entities like Alameda and FTX, and it's currently holding at lows for the year 1, there are lingering liquidity and market challenges 2.
Despite the setbacks, some, including Hoffman, remain cautiously optimistic about Solana's community and builder ecosystem 3. However, uncertainties still loom, particularly around future liquidity and market capital impacts 4. Assessments indicate that while there may be sentiment for a bottom, considerable risks and uncertainties remain.
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