The performance of SOL is disappointing, it really needs reflection.

Looking at the recent trends of SOL, to be honest, it feels a bit like Don Quixote. $137, a fall of -3.34%, this is just the surface number.

The problem is here:

Good news is useless? When the ETF was just approved, we all thought it was a major turning point. But what happened? The coin price didn't react. Data shows that there was a net inflow in the first 10 days after the ETF went live, but the price continued to fall. The logic just doesn't make sense.

Recently, there have been a lot of news, but the coin price is still falling. This is ridiculous. Either large funds are releasing good news to escape the peak, or the fundamentals of the Sol ecosystem are not as strong as imagined. In any case, the result is — news is news, and prices are prices.

Weak sideways movement, lack of rebound. BTC is rebounding, what about SOL? Can't even see BTC's tail light. It's even being pressed down and rubbed on the ground by the neighboring DOGE. In this round of market, SOL's competitiveness is indeed a bit lacking.

Is it the manipulation of the big players? Maybe. But it’s more likely that the market is voting with its feet—against options like BNB and XRP, SOL seems rather unremarkable.