Solana's Fastest Growing DeFi App | MacBrennan Peet

Bullish:

• $SOL - Solana is undervalued with $80B FDV against $2.5B in revenue, suggesting multiple compression presents a buying opportunity

  • “So and it made, like, 2,500,000,000.0 last year or something like that. So, like, the multiple is just compressing right now.”

    MacBrennan·1:31
• $PERPDEX - Solana perpetuals infrastructure is set for significant improvements in 2026 with innovations from multiple teams enhancing the ecosystem

  • “I am very optimistic on the state of, like, Solana perps, like, in 2026, essentially.”

    MacBrennan·19:13
• $ENA - Ethena is smartly diversifying beyond funding rate yields into white-labeled stablecoin services, positioning for potential growth

  • “I think, like, what yeah. What Athena is doing is pretty smart, honestly, to expand beyond, like, a yield that's just reliant upon, like, like, funding rates.”

    Ian·1:07:16
• $PROPAMM - PropAMMs are underestimated in their depth and speed of adaptation, potentially handling 80-90% of all trading needs

  • “I think people underestimate the depth of PropAMMs and how quickly they can update if, like, a big order comes in.”

    MacBrennan·25:31
• $HYPE - Hyperliquid has strong fundamentals with nearly $1B in buybacks and is expected to rebound quickly

  • “I'm sure, like, hype prior rebounds pretty fast. Pump prior rebounds pretty fast.”

    Ian·59:13

Bearish:

• $AI - AI sector is overvalued with massive financial investment not delivering promised productivity gains, instead producing low-quality output

  • “The US obviously went all in from a financial standpoint on on crypto not crypto, AI. And, like, the big idea there is, like, it's gonna bring in all these productivity gains. And meanwhile, like, it's just everyone making, like, slop with AI.”

    Ian·55:58