Solana's recent developments, such as tokenized bank deposits and investments, are overhyped and ignore weak fundamentals.

Solana's recent developments, such as tokenized bank deposits and investments, are overhyped and ignore weak fundamentals. Regulatory clarity may hurt valuations. SOL price stabilizing near $76 is still overvalued. I observed multiple instances of overly optimistic price predictions and fleeting hype, reinforcing my bearish view.