Considered an extremely speculative and volatile asset. It performed the worst of its peers (down 68% in a month) and has a 100% broker maintenance ratio, which is a strong warning sign of its high risk.

Investors with unrealized losses in this stock can use a swapping strategy with another correlated Solana asset to harvest tax losses while maintaining exposure to the ecosystem.

Cited as a cautionary tale after its stock price crashed by approximately 70% when shares from a PIPE deal became eligible for sale.