Scott Jenkings

AGI will change everything we know about ourselves, each other and how we interact with the physical, economic and digital world forever

@KillaXBT Nice chart squiggles! It will never work out agree!

My reasoning is simple. Institutional investors and large pools of capital generally allocate money to assets that have demonstrated long term reliability. The stock market is a perfect example. Investors trust it because it has centuries of historical performance showing that, despite periods of volatility, it has consistently appreciated over the long term. That track record creates confidence. Bitcoin is still young compared to traditional asset classes, but it has now existed for almost 2 decades. During that time, it has survived multiple boom-and-bust cycles, regulatory pressure, exchange failures, and countless predictions of its demise. Yet each major cycle has ultimately resulted in higher long term highs than the previous one. On top of that, we continue to see increasing institutional adoption, growing global demand, deeper liquidity, and remember, fixed supply. Those characteristics strengthen Bitcoin's investment thesis. Now compare that to Solana. We simply don't have enough long term historical data to conclude that SOL is a reliable store of value or long-term investment. Last cycle, SOL recovered to roughly its previous ATH before retracing arounVd 80%. That doesn't establish a consistent long-term pattern of value creation. Instead, it suggests an asset whose price is still highly speculative and heavily sentiment-driven. My concern is also with the market structure. A significant portion of the supply has historically been concentrated among VC firms, early insiders, and large holders. That creates a market where price action can be disproportionately influenced by a relatively small number of participants, making it feel more like a speculative risk asset than a mature investment. The SOL eco itself has become dominated by the rapid creation of shitcoins and highly speculative tokens, in which 99% end up as rug pulls. This trenches crap is the only thing SOL is used for. Whether the chain has utility is almost secondary from an investment perspective. What ultimately matters is sustainable liquidity, long term capital inflows, and a proven history of delivering returns over multiple market cycles. When I step back and look objectively at the charts, the majority of altcoins follow a remarkably similar pattern: explosive growth during one cycle, a second attempt at new highs, and then a prolonged decline into irrelevance. Many of the largest projects from 2017 and 2018, once considered blue chip crypto assets, are barely discussed today. They failed to attract sustained capital over the long term. This cycle, the problem is arguably even greater. There are thousands more tokens competing for the same pool of liquidity. Capital is increasingly fragmented across countless projects, making it much harder for individual altcoins to sustain long-term appreciation. That's why I struggle to believe $SOL will continue attracting enough capital to significantly outperform over the long run. From my perspective, it hasn't yet demonstrated the characteristics of a dependable long term investment. Bitcoin has nearly two decades of evidence supporting its resilience, adoption, liquidity, and historical returns. Solana, in contrast, still appears to be a high risk asset whose long-term success depends on continued market enthusiasm rather than an established record of sustained capital appreciation. From my perspective, SOL is unlikely to establish new ATHs and will instead spend years trading sideways within a broad range, gradually losing relevance as capital flows elsewhere.

I believe $SOL is never reaching ATH's again.

@dotkrueger We need more allowance!

The Bond Market isn't buying what Trump and Bessent are selling.

@scottmelker JP Morgan clearly has no conflict of interest here, oh wait finance.yahoo.com/markets/crypto…

JPMORGAN SAYS HYPERLIQUID’S NEW DEAL WITH CIRCLE $CRCL AND COINBASE $COIN COULD WEAKEN $USDC REVENUE, PRESSURE EARNINGS AND THREATEN CIRCLE’S LONG-TERM STABLECOIN ECONOMICS

@benjamincowen Fed was tightening in 2018, if we done tightening we goin up, period

@benjamincowen Yup we’re in the bottom zone - have been DCA the dip since we closed below the 200W

Core Inflation Actual: 2.6% Estimated: 2.8% Prior: 2.9%

@benjamincowen Maybe

Bitcoin in 2026 is just a less volatile version of 2018.

@QuintenFrancois They always want that last 5% lower… Buy at $54K and don’t look back

This is exactly what happened at every previous Bitcoin cycle bottom Why are people betting against this?

@PeterSchiff @saylor @Strategy Find another gig Peter

@saylor @Strategy The rest of the story is how much money Strategy lost on those Bitcoin buys and how much more money shareholders will losing repaying debt and paying dividends to preferred shareholders.

Orange dots tell only part of the story.

@toly @world_xyz @solana @RobinhoodApp Nature Boy @toly

@world_xyz @solana @RobinhoodApp The greatest thing you’ll ever know is to love and be loved in return.

update: after careful deliberation from the team in the last 24 hours world has made the decision to migrate off of solana and onto @RobinhoodCrypto chain this tactful pivot was not made lightly our sincere appreciation goes out to the solana foundation and community

Spent my morning reading this recent speech from @SecScottBessent. It lays out a new and defining vision for America's role in the economy for the next 100 years. @elerianm calls it a "remarkably important speech." Bessent organizes his vision around five principles. Principle 3 is, "America will write the rules of the next economy." He gives one example of what this means: "Digital assets, stablecoins, tokenization, and new payment systems will help to shape the future of money. The United States should not consign itself to the sidelines while that future is built elsewhere." If you've wondered how committed Washington is to making crypto succeed in the US, that tells you something.

@mikealfred solana:So11111111111111111111111111111111111111112

Stablecoin issuance and payments will be two of the most important financial services businesses on the planet in the age of agentic AI. Placing my bets now.

@mikealfred $CRCL

@world_xyz Welcome to regulated finance using blockchain-shaped settlement infrastructure and KYC hell

world domination

@Cointelegraph Good luck @world_xyz

🇺🇸 UPDATE: CFTC Chair Mike Selig says new rulemakings are coming to give prediction market participants clearer regulatory guidance.

@benjamincowen Asian bros sold in Q4 2025, shallow bear now we run again

I find it fascinating that everyone who mocked the 4 year cycle for Bitcoin last year continue to mock it, despite the market proving them wrong non-stop for the last 8 months.

Hope dies last. The bottom is not in.

RIP Bear Market 6/30/26

@benjamincowen Fractals are useful but not prophetic. Bitcoin hopefully grows up.

The current Bitcoin bear market has been more tame than the last 3 bear markets that started at the end of post-halving years. The reason it feels worse is that there was not a euphoria phase (so the price at which the bear market started was lower than what many expected)

@PeterLBrandt Bottom signal

I am contemplating selling some of my Bitcoin and going to Gold with the money. Looks to me that Gold is going to gain substantially on Bitcoin $XAUBTC