Francis Hunt told Michaël van de Poppe that market cap figures are vaporware, as massive simultaneous selling lacks buyers and forces private placements instead of public execution.

According to @MikeSilagadze on X (Dec 17, 2025), he previously viewed Solana’s edge as stemming from Multicoin’s shilling and astroturfing, but he now believes that promotion is a net negative for the project (source: @MikeSilagadze on X, Dec 17, 2025). According to @MikeSilagadze, the tactics include vanity metrics, vaporware announcements, and bad-faith attacks on Ethereum (ETH), which he says erode credibility and tarnish Solana’s brand (source: @MikeSilagadze on X, Dec 17, 2025). According to @MikeSilagadze, this critique targets Solana (SOL) marketing and its perceived impact on brand trust, a factor traders track when evaluating reputation-driven narratives in SOL vs ETH discussions (source: @MikeSilagadze on X, Dec 17, 2025).