Investing in Solana

As at 18 Sep 2022, SOL has a market cap of $11.8 billion (Fully Diluted $17.0 billion), while SOL NFT has a market cap of $941.3 million (https://hyperspace.xyz/).

We believe that the SOL NFT space will continue to grow as the ecosystem grows larger, with more developer moving on to Solana.

Our conservative forecasts for SOL NFT MC in the next 3-5 years is targeting in the $10B - $25B range. EOBR target for SOL price is $300+.

Challenges

Similar to the traditional finance space, trading and investing in NTFs is a competitive game. While Web 3.0 and Solana space provide tremendous investment opportunities, there also exists a tremendous amount of risk. Everyday, there are scammers, ruggers, bad actors and burnout founders with broken business models that are cashing out on projects, or slow rugging projects that will not be sustainable in the low run. We aren’t talking about 10s,100s or even 1000’s but tens of thousands of projects operating autonomously within this space.

We at Fearless Bulls are here to help you on this journey of investing in Solana NFT.