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Topic: Can Solana be the next Ethereum??? - page 2. (Read 1712 times)

hero member
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Vave.com - Crypto Casino
November 21, 2022, 10:35:36 PM
Solana was known in the market as a good ecosystem and it became very popular but due to some problems Solana is slowly drifting away from everyone and since the recent FTT crash there are many effects on Solana which will prevent Solana from being like Ethereum.
Their blockchain has many technical problems that caused a lot of troubles to their users and many times were reflected on market price. People believed in Solana because it was backed by FTX and Alameda but now these backers gone away with their collapses and bankruptcies.
Solana was able to develop a lot of their own as a new blockchain but all of a sudden their blockchain problems caused them to lose a lot of investment from their project and their token holders were dwindling.  They are trying hard to solve everything.  But at the same time due to poor condition of market and Luna, FTT cross, more pressure is put on them and they are not able to get out of their problem.  And many are speculating that Solana may also crush
legendary
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Not your keys, not your coins!
November 21, 2022, 09:34:01 PM
Solana will never replace Ethereum, but it will be a good alternative for those who'd want ultra-fast transaction speeds at a fraction of the cost. Compared to other coins, SOL is the best crypto for day trading, NFTs, and P2E games. The FTX collapse will only affect the cryptocurrency's price within the short term. But it should be able to rise back up again if developers continue to work on the project no matter what.
Solana is far to reach to success of Binance Smart Chain BSC so it will impossible to beat Ethereum in near future. Before Solana can move closely to Ethereum, it must beat Binance Smart Chain BSC first. Even BSC is out of reach for Solana at the moment and the Solana network has lot of drawbacks must be handled.

Solana was known in the market as a good ecosystem and it became very popular but due to some problems Solana is slowly drifting away from everyone and since the recent FTT crash there are many effects on Solana which will prevent Solana from being like Ethereum.

Their blockchain has many technical problems that caused a lot of troubles to their users and many times were reflected on market price. People believed in Solana because it was backed by FTX and Alameda but now these backers gone away with their collapses and bankruptcies.

Quote
And Solana might be a better ecosystem in the future.
Solana will have very difficult time ahead until this bear market ends. They must survive first before they can think of brighter future.
legendary
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November 21, 2022, 08:35:09 PM
Admittedly, the death of FTX severely affects Solana as FTX is known to be Sol's biggest strategic investor. Currently, Sol's price is under $20, if you compare it to ATH it's a huge drop but if you compare it with Sol's ICO sale price of $0.10, now the original investors are still making huge profits investing in Sol.

I don't appreciate Sol but it certainly won't die just because of FTX, as for Sol being able to replace ETH, at first I thought it was a myth and never happened. It's all just their marketing hype.

Solana will never replace Ethereum, but it will be a good alternative for those who'd want ultra-fast transaction speeds at a fraction of the cost. Compared to other coins, SOL is the best crypto for day trading, NFTs, and P2E games. The FTX collapse will only affect the cryptocurrency's price within the short term. But it should be able to rise back up again if developers continue to work on the project no matter what.

For what I know, nothing lasts forever. Either Solana disappears or remains on the scene for a very long time. As long as you diversify your investment into various cryptocurrencies, you'll have nothing to worry about. Just my opinion Smiley
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Moonbet.io
November 17, 2022, 09:49:51 AM
for me and probably many newbies in the crypto world Solana is an ordinary blockchain. There is no reason for this blockchain to become the next ethereum and you will stop with this kind of gimmick. Blockchain will not kill another blockchain. You should know that if what you are talking about above is not even true.

Solana has become an alternative blockchain to ethereum and this is a fact that is happening in the market. No need to call ethereum killer anymore. as a good buy is due to the fact that several projects have been launched on this platform and that gives me reason to hold it. Solana is a great project, but it cannot be compared to ethereum, due to the fact that ethereum has grown a lot due to the support of the larger community.

but I don't think that SOL will be the next Ethereum. People who are connected to cryptocurrency know about Ethereum very well and Ethereum has its own community. SOL is still growing and I hope we can see some good steps from it
hero member
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November 17, 2022, 12:34:12 AM
with the ftt crash that affects solana greatly, it could simply implicated that solana could never replaces eth in the long run, let alone solana, even bnb with binance as a giant company backing it still could hardly surpass eth, so I definitely doubt that solana could pull it off and become the next eth. If there's coin out there that could become the next eth I'd say it's matic since it's like having the same characteristics with eth and it's already starting to grow in term of market valuation. solana in the other hand, still got hold back by the bad news revolving around the coin itself.
Solana was known in the market as a good ecosystem and it became very popular but due to some problems Solana is slowly drifting away from everyone and since the recent FTT crash there are many effects on Solana which will prevent Solana from being like Ethereum.  And Solana might be a better ecosystem in the future.  But it will not be the same as Ethereum and it will never be an alternative to Ethereum
hero member
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November 16, 2022, 10:10:02 PM
with the ftt crash that affects solana greatly, it could simply implicated that solana could never replaces eth in the long run, let alone solana, even bnb with binance as a giant company backing it still could hardly surpass eth, so I definitely doubt that solana could pull it off and become the next eth. If there's coin out there that could become the next eth I'd say it's matic since it's like having the same characteristics with eth and it's already starting to grow in term of market valuation. solana in the other hand, still got hold back by the bad news revolving around the coin itself.

Solana had investments from FTX, which explains why the collapse of the exchange severely affected the crypto asset's (SOL) price on the market. It's trading below $20 at the time of this writing, compared to its All-time-high of over $200 per coin. That would be a terrible loss for early investors who got into the Solana hype back in 2021. To top it all off, Solana's been a victim of constant network outages during the course of 2022.

A so-called Blockchain network that's unreliable for payments can't simply replace a behemoth like Ethereum. People are dreaming by thinking SOL is going to replace ETH anytime soon. It's not about speed or cost-efficiency, but rather decentralization and censorship-resistance. Until Solana or any other competitor put their focus on what matters most, Ethereum's position on the market will remain untouched. I'm fine with things just the way they are as long as there's healthy competition on the crypto/Blockchain space. Just my opinion Smiley

Admittedly, the death of FTX severely affects Solana as FTX is known to be Sol's biggest strategic investor. Currently, Sol's price is under $20, if you compare it to ATH it's a huge drop but if you compare it with Sol's ICO sale price of $0.10, now the original investors are still making huge profits investing in Sol.

I don't appreciate Sol but it certainly won't die just because of FTX, as for Sol being able to replace ETH, at first I thought it was a myth and never happened. It's all just their marketing hype.
newbie
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November 16, 2022, 09:17:37 PM
Solana has a large and active following. Solana could become the largest decentralized finance platform in direct competition with Ethereum. Every technology developed by Solana drives the price of the SOL token soaring.
legendary
Activity: 3220
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www.Crypto.Games: Multiple coins, multiple games
November 16, 2022, 08:39:01 PM
with the ftt crash that affects solana greatly, it could simply implicated that solana could never replaces eth in the long run, let alone solana, even bnb with binance as a giant company backing it still could hardly surpass eth, so I definitely doubt that solana could pull it off and become the next eth. If there's coin out there that could become the next eth I'd say it's matic since it's like having the same characteristics with eth and it's already starting to grow in term of market valuation. solana in the other hand, still got hold back by the bad news revolving around the coin itself.

Solana had investments from FTX, which explains why the collapse of the exchange severely affected the crypto asset's (SOL) price on the market. It's trading below $20 at the time of this writing, compared to its All-time-high of over $200 per coin. That would be a terrible loss for early investors who got into the Solana hype back in 2021. To top it all off, Solana's been a victim of constant network outages during the course of 2022.

A so-called Blockchain network that's unreliable for payments can't simply replace a behemoth like Ethereum. People are dreaming by thinking SOL is going to replace ETH anytime soon. It's not about speed or cost-efficiency, but rather decentralization and censorship-resistance. Until Solana or any other competitor put their focus on what matters most, Ethereum's position on the market will remain untouched. I'm fine with things just the way they are as long as there's healthy competition on the crypto/Blockchain space. Just my opinion Smiley
hero member
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Cryptocasino.com
November 13, 2022, 06:09:20 PM
with the ftt crash that affects solana greatly, it could simply implicated that solana could never replaces eth in the long run, let alone solana, even bnb with binance as a giant company backing it still could hardly surpass eth, so I definitely doubt that solana could pull it off and become the next eth. If there's coin out there that could become the next eth I'd say it's matic since it's like having the same characteristics with eth and it's already starting to grow in term of market valuation. solana in the other hand, still got hold back by the bad news revolving around the coin itself.
newbie
Activity: 4
Merit: 0
November 13, 2022, 03:28:36 PM
Solana quickly became a favorite among many investors, Does it became the next Ethereum Huh Huh Huh

It is too difficult to tell Sol will be the next Ethereum. Both altcoins are top in cryptocurrency world. But Ethereum has great potential and its blockchain is more secure then sol. I think sol will be the next Ethereum in the future.

lol how much did you get paid or are you bag holder? to say this...
member
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November 13, 2022, 11:30:33 AM
Solana quickly became a favorite among many investors, Does it became the next Ethereum Huh Huh Huh

It is too difficult to tell Sol will be the next Ethereum. Both altcoins are top in cryptocurrency world. But Ethereum has great potential and its blockchain is more secure then sol. I think sol will be the next Ethereum in the future.
newbie
Activity: 28
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October 29, 2022, 10:35:51 AM
Solana is a fast-growing blockchain. It has the ability to overtake on etherium in future but if the developers are able to make the network more secure, the blockchain with good speed and low costs make it a good and profitable crypto.
hero member
Activity: 616
Merit: 749
October 28, 2022, 06:37:10 PM
One of the advantages of SOLANA is fast transactions, and small fees compared to ETH. Moreover, nowadays many NFT projects are using the SOL blockchain. If Solana continues to improve like this, I think it's a good start to head to head with Ethereum. Yeah I mean, SOLANA better than ETH.

Solana only got all the attention it has because Ethereum was misbehaving but now it's beginning to put itself together and Solana mightn't get any mention in the coming years. Ethereum high gas fee will be fixed and the fastness of the blockchain will also be fixed before the next bull market comes which is likely after the halving of Bitcoin miners reward happening in 2024. Ethereum has moved form Proof of work and now operating with proof of stakes.
Solana as a blockchain has so many flaw which the most famous is the constant stoppage that happens to Solana blockchain. If this habits continue many developers will return back to Ethereum or look for better options out there.
full member
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October 28, 2022, 08:10:04 AM
does not guarantee that it happens . while ethereum itself is still being developed by their team, so far, I don't think anything is really able to compete with ethereum because the name ethereum has a lot of trust in the community and investors. solana may be able to compete with BNB which I think makes more sense as a competitor.
legendary
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zknodes.org
October 28, 2022, 07:55:49 AM
I don't think solana will be able to replace Ethereum. Even though solana is a favorite among some investors, that doesn't mean it will be able to replace Ethereum. As we know that there have been many other altcoins trying to become the next Ethereum but none of them have been successful till now.
Many claims are made that they are new altcoins able to compete with Ethereum and can be one level above it. But that claim is just a one-sided claim where they only made it in their roadmap, but in reality ethereum is still the best. Even though there are now many altcoins that have emerged with their own network, Ethereum is still the top altcoin.
Don't just glance at it, it will take time to prove that the altcoin is able to survive in this high-voltage market.
legendary
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October 28, 2022, 02:49:21 AM
I don't think solana will be able to replace Ethereum. Even though solana is a favorite among some investors, that doesn't mean it will be able to replace Ethereum. As we know that there have been many other altcoins trying to become the next Ethereum but none of them have been successful till now.

There are many coins that come into the market with the slogan to replace Ethereum and they are nowhere near reaching the market cap and popularity of Ethereum. Though we never heard such a statement from Solana team that it is a Ethereum killer but still Solana is much better than other coins in the market. But we cannot compare the more decentralized Ethereum network with the centralized Solana blockchain. People would not trust Solana as much as they trust the Ethereum network because Solana is not decentralized and due to this, we had some issues with its blockchain in the recent past.
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Next Generation Web3 Casino
October 28, 2022, 02:41:54 AM
ethereum is the best coin and cannot be replaced with other altcoins ethereum is a potentially second altcoin after bitcoin so in my opinion ethereum cannot be completed by other altcoins.
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October 28, 2022, 12:04:34 AM
Solana is a Blockchain that seeks to increase the scalability of today's applications. Solana aims to 'copy' the Ethereum protocol to increase speed and efficiency.

Solana is building a blockchain capable of processing more transactions per second than Ethereum, and Ripple. In fact, Solana can process over 6,000 transactions per second and operates at 1 million transactions per second. Solana is the most scalable blockchain in the world today but has a process to fly.
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October 27, 2022, 09:22:28 PM
One of the advantages of SOLANA is fast transactions, and small fees compared to ETH. Moreover, nowadays many NFT projects are using the SOL blockchain. If Solana continues to improve like this, I think it's a good start to head to head with Ethereum. Yeah I mean, SOLANA better than ETH.
sr. member
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DGbet.fun - Crypto Sportsbook
October 27, 2022, 06:54:11 PM
Once i used to Though, solana may another hard competitor  of ether as it set goal to become a model for updated internet application but now due to the shortage with blockchain, it sounds getting down gradually. It need 17x more marketcap to replaced ether position while bnb, cardano and others altcoins are already ahead for this matter. Although solana still time to development themself but Don't think it can win over ether
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