What’s up everybody, this is Thomas Bahamas and you are here for another episode of Solana Weekly. Where it’s my job to find the biggest stories of the week and try to figure out the implications of what we’re seeing.

As Barry Silbert used to say, it’s gonna be a big week. A big week because the SEC is not going to fight GBTC’s application to convert its trust to an ETF.

Sol price: 23.72 up over 10% in the last week and outpacing Bitcoin.

SolEth : .0151, up 8 percent on the week. Eth looking terrible, narratives are lacking.

SolBtc up 4%. We like it. And I will dig into why.

ETF Fake out on BTC and we all pump while the shorts get wiped.

MetaMask down.

Saga displaying pmf with a decentralized App Store built into the phone where Apple or google can’t sensor apps.

Degen Dad's in the building, loving what they are doing.

Seems like nft mints and presales are back? I’m unsure if they are profitable, but my guess is the front running of breakpoint and I’m excited for it.

Cypher protocol coming in hot with an IDO next week. Excited to see how it goes. It was hacked, but could also be the start of defi 2.0.

Sollinked.com - so freaking sick.

https://app.sollinked.com/solanaweekly

Drop me a line on there and I’ll give you a shout out.

Aperture Ai explanations on a block explorer.

Flipside crypto- just started digging into this, but looks like a sick platform to analyze big data sets. I use looker a lot and will be using this more.

Wash trading - stocks 1 month, crypto 0.

Moral imperative to get the fcking money. I see staked sol, ducks and monkeys as the way to get the money.

As always, thanks for joining in!

-Thomas Bahamas

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