Viewpoint: Multicoin, Jump, and DAT are undervalued

Why do people say that the new DAT pool created by @multicoincap + @jump_ + @galaxyhq may be underestimated by the market? Here are my personal thoughts:

1. Forward Industries, Inc. ( $FORD ) is an established company listed on Nasdaq, but with a small market capitalization of less than 60 million, with 1.71 million shares outstanding. After injecting new operating business through PIPE private equity financing, the burden of the original operating entity is not significant, so the subsequent constraints as a shell are relatively small.

2. @KyleSamani is like @saylor for $BTC and @fundstrat for $ETH, always a very dedicated advocate for the technology and narrative of $SOL. This time, in the DAT session, his personal additional investment of 25 million dollars clearly indicates that he intends to play big.

3. The three major institutions, Multicoin, Jump, and Galaxy, have deep ties with Solana. Multicoin has invested over $500 million into the ecosystem; Jump, as a high-frequency trading firm on Wall Street, has actively participated by creating Firedancer nodes and exploring the DFBA (Dual Flow Batch Auction) mechanism, providing market maker services to the ecosystem; Galaxy has accumulated over $1 billion in SOL and has also tokenized its own stock $GLXY on Solana, leveraging its significant advantages in the global VC network and institutional resources.

Narrative preaching + technological innovation + resource access, such a highly complementary iron triangle, is not to be underestimated;

4. The upcoming Alpenglow consensus and Firedancer client node diversity in Solana will significantly enhance its performance. The TPS has previously achieved over 100,000 in mainnet testing, and execution speed can be reduced to under 150 milliseconds. The innovative DFBA mechanism may lead to the emergence of killer new products on the Solana chain. The key point is a technical detail that many people have overlooked: the recent SIMD-228 governance proposal was rejected, and if it were to pass, it would reduce the staking inflation yield of SOL, significantly impacting the attractiveness of the DAT narrative to institutions.

Technical performance, innovative genes, yield rate, you see, everything seems to be ready, just to roll up this DAT relay baton belonging to Solana;

5. The DAT narrative of @solana is not merely a “micro-strategy” model copied from BTC, Ethereum, and other Altcoins. Other DATs focus solely on the tokens themselves, but Solana's DAT treasury will radiate across the entire ecosystem, ultimately aiming to tear away the positioning of a pure MEME chain and transform into a new narrative of Internet Capital Markets (ICM). This aligns perfectly with the trend of TradFi integration promoted by the crypto-friendly government in the United States.

Moreover, the narrative of ICM is grand enough for Solana to encompass a variety of narratives, including MEME launch pads, DePIN, PayFi, and HFT Trading.