X @mert | helius.dev

Solana Ecosystem Analysis - Pumpfun's TGE (Token Generation Event) is bullish for Solana because Pumpfun doesn't hold Solana, preventing a potential dump [1] - The platform's model involves users buying Solana with USD, paying fees, and the platform selling Solana back to USD, resembling a consumer business model [2] - Revenue generation on Solana is highly bullish for Solana's native asset, attracting founders and potentially re-evaluating it as an investment-grade consumer protocol [3] - Solana-aligned investors who participated in the ICO (Initial Coin Offering) are expected to take profit in Solana [4]