From what I have read, it seems that staking is the best way to take advantage of your HODLed SOL. Maybe there is some other type of coin that would be worthy of staking. It's a nice time to buy more SOL as well, but I'm hesitant about how it will be, knowing that it's known as the network for meme coins.
A few months ago, Telegram has become the blockchain of these new meme coins, but Solana took it over because of pump.fun. I expect that it will happen in the future with another blockchain out there. We don't know which blockchain is it, but I predict that there will be another blockchain out there where meme coins can be created and that will be the new home for these shitcoin meme coin.
Aside from Bitcoin, I'm not holding any altcoins that I can't stake. I mean I want to maximize the coin so instead of just holding it and waiting for the token to appreciate in order to make profit, why not just stake them. You're holding and at the same time, earning as well. Of course, we need to do a research as well and don't just pick a staking coin that gives around 100% APR. For me, SOL is a good long term coin, and around the so-called "Ethereum Killer" projects out there, I believe SOL is the closest one.
As for another type of coin that would be worthy of staking, I'm a bit bias with this one so I'll pick Cosmos ATOM.
