What’s up everybody! Welcome back to another episode of SOLANA WEEKLY! I'm your host, Thomas Bahamas. After a short break, we're diving back into the world of Solana with some exciting updates and insights.

Highlights:

* Solana Price Analysis: Currently at $23.95. We witnessed a sharp rise from just under $19, aligning with the broader narrative.

* SolEth Performance: A remarkable rise of over 20%. This surge is significant, especially with Ethereum's recent news about the launch of a futures ETF and Grayscale's application to transition ETHE to an ETF. (Side note: Not a fan of Grayscale!)

* Sol BTC Update: We're seeing a notable uptick, and it's impressive given Bitcoin's strong performance.

* Token Talk:

* SPL/S**t token season: How do we navigate this?

* Mentions: Bonk bit, OPOS, Bonk, Bern.

* Social finance updates: A slowdown in Social fi, with Friendzy hitting a pause.

* Friend tech's vulnerability to sim swaps: A reminder to secure your 2FA on Twitter.

* Quekz's momentum and the prevailing narrative around Breakpoint.

* DeFi on Solana: Despite the token's price being 10% off its ATH, TVL has reached new heights.

* Alt L1's: A surge in mentions of Sui, Aptos, and even Avax. While we might see some short-term gains, the long-term prospects remain uncertain.

* Tax Talk:

* The looming threat of regulatory capture and the potential risks associated with it.

* The importance of accurate tax reporting, especially with platforms like TurboTax moving towards crypto support.

* Personal note: I've decided to engage 'cryptotaxsucks' on Twitter to review my 11,000+ transactions. It's an investment in peace of mind and ensuring compliance.

Join us for all this and more on SOLANA WEEKLY. Stay informed and stay ahead!

The Dramas of Thomas Bahamas

Get full access to The Dramas of Thomas Bahamas at thomasbahamas.substack.com/subscribe