Toly: The major crash on 10.11 may trigger an 18-month bear market, making it a "lucky opportunity" to build new products.

GateNews

Odaily Planet Daily reports that Toly posted on the X platform stating that the 10.11 major crash might trigger an 18-month bear market, and this period could be an opportunity for us to focus on building (cryptocurrency) products with these disruptive new tools.

Earlier today, CZ unfollowed Solana co-founder Toly’s X account.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Solana Price Faces Downside Risk as Bears Eye $74 Zone

Key Insights Solana trades near eighty dollars as bearish momentum builds, with indicators signaling weakness and increasing probability of testing lower support levels soon. Technical signals, including weak MACD and low RSI momentum, indicate sellers remain dominant, reinforcing downside p

CryptoNewsLand16m ago

Solana Holds Key Support as Range Tightens Below $90

Key Insights Solana trades near $80 support as price compresses within a tight range, reflecting reduced volatility and balanced market participation among traders. Persistent lower highs and price below major moving averages confirm ongoing bearish structure, limiting recovery attempts

CryptoNewsLand4h ago

SOL Strategies acquires Solana zero-knowledge technology company Darklake Labs for $1.2 million

SOL Strategies announced on April 7 that it will acquire Solana zero-knowledge technology company Darklake Labs for $1.2 million. The deal includes $200k in cash and $1 million in stock. Darklake Labs developed the zero-knowledge proof system Zyga for Solana, aiming to improve transaction privacy and prevent front-running trading and sandwich attacks. After the acquisition, its founders and core team will join SOL Strategies.

GateNews5h ago

Solana Foundation Launches Agent Skills to Bring AI Agents On-Chain

Solana Foundation has introduced Solana Agent Skills, a toolkit for integrating prebuilt on-chain capabilities into AI tools, enabling faster development of AI agents that can execute blockchain actions efficiently. This simplifies the process for developers and positions Solana favorably in the evolving intersection of crypto and AI.

CryptoNewsFlash7h ago
Comment
0/400
No comments