>>61245670There's just one little problem with your theory: the validators aren't selling. They have no reason to sell.You see, gas costs don't actually represent the value of the work being done. They represent demand for blockspace. There is effectively NO COST for processing these transactions. So it's not a subsidy. Validators don't need to sell their rewards to stay online. They can just get richer and richer.It's an infinite money glitch. Solana rises into the hundreds of billions of dollars, people keep flocking to the token because number go up. The validators all become billionaires and eventually trillionaieres, and that value is real, because they are the ones securing the most valuable, most used blockchain on the planet.Solana was always the chosen one. Why do you think all these VCs attached themselves to it?
>>61245691>the validators aren't sellingAaaahhhh here we go again... :D
>>61245670VC's bought at 0.0268. They will dump on retail.>Nothin personal kid.
>>61245691I'm a validator and I've been DCAing out for years
>>61245691>>61245713TOPKEK thats the same what the avax roaches were claiming all these years and look at them now