According to @bobbyong (source: X, Aug 9, 2025), the once-hyped Solunavax trio has diverged: LUNA is no longer in play, SOL is struggling to clear its all-time high (ATH) amid inflation concerns, and AVAX has seen a drop in market chatter, indicating weaker narrative momentum (source: X, Aug 9, 2025). For traders, this points to monitoring relative strength in SOL versus AVAX and being cautious with narrative-driven setups as liquidity and attention concentrate in SOL while AVAX interest appears to wane (source: @bobbyong on X, Aug 9, 2025).

According to KookCapitalLLC, there is a comparison being drawn between Hyperliquid and Terra Luna within the current market cycle, suggesting potential similarities in their market behaviors or impacts.