Picks and shovels play with a structural bid from aggressive token buybacks and $62M revenue potential.

A potential long-term 'picks and shovels' infrastructure play on the growth of Solana and other blockchains. However, investors are advised to be cautious of near-term selling pressure due to concerns around its tokenomics and early investor unlocks.

The 2Z token is central to the network's economy, driven by demand for access and a token burn mechanism. The project received a 'no-action letter' from the SEC, which is a major de-risking event and bullish catalyst.

A 'very bullish' signal was received via a 'no action letter' from the SEC. The project is an infrastructure play with existing adoption, as over 10% of Solana's stake already runs on its network.

Highlighted as one of the 'better sol beta plays' and a speculative play based on the thesis that institutional staking on Solana will become a major trend.