Give me 3 reasons not to be bullish on SolanaSolana’s Total Value Locked (TVL) expanded from $396M on Dec 26, 2022 to $8.69B by July 4, 2025, a 2,094% increase (~22x growth) across 80 weeks . This translates to a weekly geometric growth multiplier of ~1.089, or an 8.9% compound weekly rate .
This rapid TVL expansion reflects capital inflows, increased DeFi participation, and regained trust in Solana’s infrastructure following the FTX collapse.
————————————————
LST Ecosystem Expansion :
Liquid staking derivatives (JitoSOL, mSOL) accounted for a significant share of inflows, as yield-seeking capital returned with Ethereum-style primitives on Solana.
MEV Monetization & Compression Tech :
Validator-side MEV solutions and data compression (via Firedancer and ZK-state) improved scalability and trust in Solana’s low-latency environment.
Resurgence of DeFi-NFT Hybrids :
Protocols like Tensor and HadeSwap blurred lines between DeFi and NFTs, generating sticky liquidity and reinforcing Solana’s unique narrative.
Restored Institutional Confidence :
Post-FTX reforms and a more diversified validator ecosystem helped re-attract institutional capital, supported by enhanced wallet infra (e.g., Backpack, Phantom) and custodianship.
This pattern, paired with the geometric growth trend, suggests Solana’s DeFi ecosystem is entering a new structural bull phase, underpinned by both technical confirmation and fundamental evolution.
Anyways, let me know in the comments 3 reasons not to be bullish on Solana as we speak.
(PS: QC-resistant issues don’t apply only for Solana but for all major crypto assets!)
Long
Long
KWALITY WALLSKwality Walls (India) Ltd. (CMP ₹29.60, NSE: KWIL)
Prepared by Sucrit Patil | The SmartWay Research Desk | 3 June 2026
A frozen desserts and FMCG company, originally part of Hindustan Unilever Ltd., now majority owned by The Magnum Ice Cream Company N.V. (Netherlands) after its 2025 acquisition. Kwality Walls operates across India, South Asia, and Southeast Asia, with a strong brand presence in frozen desserts and ice creams.
Promoter Holding (Mar 2026): Magnum Ice Cream Company — 61.90% stake (no pledges)
FY22–FY26 Snapshot
Revenue Growth: FY25 revenue ₹6,954 Cr vs ₹6,215 Cr in FY24 (+11.9% YoY) → Good
Net Profit: FY25 PAT ₹182 Cr vs ₹156 Cr in FY24 (+16.7% YoY) → Good
Operating Margin: FY25 EBITDA ₹312 Cr, margin 14.1% vs 13.2% last year (+90 bps) → Good
Equity Capital: Stable, face value ₹1 → Good
Dividend Policy: No dividend declared; reinvestment focus → Neutral/Weak
Asset Building: Expansion into South Asia and ASEAN frozen dessert markets → Good
Sales: Strong demand from urban retail and quick-commerce platforms → Good
Expense: Raw material cost pressures (milk, sugar) remain → Neutral
EPS: FY25 EPS -₹3.14 (loss-making year) → Weak
Institutional Interest & Ownership Trends (Mar 2026)
Promoter Holding: 61.90% (no pledges)
FII Holding: 0.45%
DII Holding: 0.05%
Retail & Others: 37.60%
Strategic Moves & Innovations
Expansion into premium frozen desserts and plant-based ice creams.
Strengthening distribution through e-commerce and quick-commerce platforms.
Focus on ASEAN regional growth (Thailand, Singapore, Malaysia).
Partnerships with local dairy suppliers for cost optimization.
Cash Flow & Balance Sheet Strength
Market Cap: ~₹6,954 Cr
Debt: Debt-free balance sheet
Book Value Per Share: ₹0.23
P/B Ratio: ~128.7x
EPS (TTM): -₹3.14
P/E: Not meaningful due to losses
Risk Factors
Loss-making despite revenue growth.
Extremely high P/B valuation.
Dependence on discretionary consumer spending.
Competition from established players in ice cream and frozen desserts.
Raw material cost volatility impacting margins.
Investor Takeaway
Kwality Walls is a well-known consumer brand with strong market presence and expansion plans across Asia. Revenue growth remains healthy, supported by premium products and modern distribution channels. However, profitability remains a key concern, with the company still reporting negative EPS and trading at very rich asset-based valuations.
The investment case currently hinges on a successful profitability turnaround rather than earnings strength. Investors should closely monitor margin improvement, operating leverage, and the company's ability to convert revenue growth into sustainable profits before assigning premium valuations. 
Long
Long
Long
Long
Long
Long
Long
Long
Long
Long
Long
Short
Long
Long
ETHUSD - Bulls Loading Up Just Below BreakoutETH on the 4H chart is forming a cup and handle pattern. The rounded bottom came after the drop into the 1,937 area, and from there, the Crypto has been slowly climbing back up. That kind of recovery usually shows steady buying rather than a quick bounce. Now, ETH is pulling back slightly, which is the handle part. This pullback looks controlled, not aggressive, so it feels more like a pause than any real weakness.
At the moment, price is just moving in a tight range and drifting a bit lower. Sellers are not really pushing hard, and buyers are not chasing yet either. This kind of behavior usually happens before a bigger move, where the market builds up energy. The overall structure still looks clean, so nothing is broken for now.
The key level to watch is 2,405 . This is where price has been rejected before and where the breakout needs to happen. If ETH pushes above that level and manages to stay there, that confirms the pattern and opens the move toward 2,850 . That target comes from the size of the cup projected upward. Until ETHUSD actually breaks that level, it is still just a setup forming, so it makes more sense to wait and react instead of guessing early.
We will update further information soon.
Long
Long 
Long
Long
