RyToTheMoon ☮

solana had its highest economic onchain activity **ever** this week along with dev interest, this is the most important metric stakers, validators, and defi eating good if you stake with helius, you get back all of jito revenue and issuance revenue directly to your pocket

there is a huge wave of projects migrating or expanding to Solana if you're one of them, hit me up — I will help with infrastructure, devs, ecosystem connections, GTM, marketing, intros, general advice and solana nuances accelerate

SOL has a stupidly simple value prop it aims to enable as much activity as physically possible directly on the L1 this has a few direct consequences for the asset: i) real productive yield if there is valuable activity on the chain, people bid to access the valuable state (think a hot coin or market) — similar to buying real estate in a business centre city like NYC the validators on the network then capture that value and might pass on to stakers (Helius passes on all MEV to stakers for example) meaning, importantly: you get net productive yield on your staked asset the less activity happens on the L1, the less valuable spots, and hence less productive yield for stakers and node operators ii) lack of competition L2s compete with countless other L2s, appchains compete with countless other apps building a scalable, secure L1 that can handle immense loads without layering is **incredibly** difficult, maybe even the most difficult thing in crypto it's literally requiring some of the top minds in all of high performance computing on earth to do this for solana with the exception of perhaps 1-2 newer alt L1s, no one seems to be even trying to compete with this anymore and have all shifted to different architectures — meaning it's a very easy market to invest in iii) the network effects of composable state people often talk about the network effects of an asset, but perhaps what's more important are the network effects of state i.e., if there's a hot market on the L1, that market can maximize efficiency with more and more downstream programs directly on the L1 utilizing it, meaning more markets leading to more downstream applications leading to more markets and so on — that's very hard to compete with after escape velocity iv) a currency for an integrated system has a much stronger moat on Solana, there is no way to get around using SOL to accomplish any task: paying fees, starting a validator, voting, storing data, creating accounts, accessing sw bandwidth (for now) importantly: this doesn't require social belief, it's physically enforced as a consequence of everything being on the same layer v) easy to understand future cash flow solana has a clear path to a million tps — when you combine this with localized fee markets and valuable state not needing to leave the L1, you can paint a very clear picture as to how the network will generate income: a lot of marginally low value txns combining to make up a large sum + the value of hot states