A new DeFi protocol has emerged in the Solana ecosystem, with a current market cap of only 15k, still waiting for the development team's lock-up period to complete. From this perspective, the project is still in the very early stages. Interestingly, another project within the same ecosystem, $PBANK, has already reached 830k, and the growth can be imagined. However, this also reflects how fierce the competition is in the Solana DeFi space—today's newcomer might be overshadowed tomorrow. The key to projects like these still depends on the execution ability of the development team and community enthusiasm, as the true product strength after the lock-up period ends is what ultimately determines success or failure.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
10 Likes
Reward
10
5
Repost
Share
Comment
0/400
GasWaster
· 7h ago
A market cap of 15k, this must be extremely early... However, PBANK's surge is indeed incredible, the gap is a bit outrageous.
View OriginalReply0
MEVHunterZhang
· 7h ago
Early projects are like this, gambling with the team and luck; nine out of ten fail.
View OriginalReply0
GasFeeCrying
· 7h ago
Want to play with a 15k market cap? If you bet right, you can turn things around; if you bet wrong, it's like risk investment.
Once the lock-up period is lifted, the project's fate is decided instantly. Team execution capability is really crucial.
How can the 830k PBANK run so fast? Need to do some research.
View OriginalReply0
StablecoinGuardian
· 7h ago
15k market cap? This is what true early stage looks like. It's time to bet on the team's execution.
---
PBANK has risen from this price level to 830k... This gap shows that the Solana ecosystem is really a horse race.
---
Once the lock-up period is lifted, the real performance will be seen. No matter how hard you hype now, it's useless.
---
Another project that might be overlooked, but what if an unnoticed one suddenly takes off?
---
Alright, the key is whether the community is actually using it. Otherwise, even in early stages, it's all in vain.
View OriginalReply0
StablecoinArbitrageur
· 7h ago
actually, 15k mcap with locked tokens screams massive dilution risk post-unlock. ran the math—if dev allocation hits typical 30-40% thresholds, you're looking at 4-5x sell pressure the moment vesting ends. classic rug setup dressed as "early stage"
A new DeFi protocol has emerged in the Solana ecosystem, with a current market cap of only 15k, still waiting for the development team's lock-up period to complete. From this perspective, the project is still in the very early stages. Interestingly, another project within the same ecosystem, $PBANK, has already reached 830k, and the growth can be imagined. However, this also reflects how fierce the competition is in the Solana DeFi space—today's newcomer might be overshadowed tomorrow. The key to projects like these still depends on the execution ability of the development team and community enthusiasm, as the true product strength after the lock-up period ends is what ultimately determines success or failure.