It’s pretty clear what’s going on—money is flowing into the Solana blockchain. Right now, most of the capital seems to be leaving Ethereum, Base, and BNB Chain, and heading straight into Solana.
With all that money coming in, Solana’s been pumping. It’s trading around $180 at the moment, which feels kinda high for me to go all in. I’ll definitely grab a little, but I’m not waiting for it to drop under $100—that’s for sure.
Well, that "money" is only temporary. Especially when Solana is full of hype. Once whales and VCs get bored of Solana, they will move on to the next big thing. At the time of this writing, SOL has been unable to reach a new ATH. Even with the craze surrounding "meme" coins (tokens) on its own Blockchain network. ETH is in the same boat (no new ATH since 2021), but it's a much better investment because of its tried-and-tested blockchain network.
Whenever SOL is worth buying or not, it's up to you. Just remember to diversify in case things go south in the long run. I'd "hodl" ETH, SOL, and BNB for complete peace of mind. Nothing is set in stone, so anything can happen in the future.