I'm taking a long on this pair, betting that $SOL will outperform $ETH. Long SOL, short ETH in equal proportion with USD collateral on FTX. Will cut on a decisive breakdown.
I'll be looking at more of these sorts of trades against ETH as well, I think it gets eaten.
ya if it's market cap were really $100m right how I would be buying like all of it
but even at fully diluted, I personally like the relatively value play vs e.g. DOT
