Topic: Can Solana be the next Ethereum??? - page 3. (Read 1706 times)
I don't think solana can ever be the next ethereum, infact it can never
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.
You are right, there is a problem with solana's network last time but I don't think this encourages more people to get in because it doesn't sound positive. Many existing sol users are in fact stopped buying more sol for a while and they can even sell some due to doubts.
it all happened because the Solana network experienced several blackouts so that some investors were afraid or hesitant to invest more in Solana.but actually it is also very high risk if investing in coins that have unresolved problems such as problems on the network will greatly reduce the popularity of the coin and the price will sideway.
and some investors today just prefer to invest in coins that are better for the long term and have high utility in the future such as bitcoin which makes investors more trusting compared to other coins
Yeah, I guess that's one drawback, if the project is really gaining some trust and reputation along the way, they should at least be wary of any downtime because it will really hurt them. And with several blackout being experienced by the project, it make sense that investors are going out and look for other altcoin. Or at least when the project has resolved it's own issues, maybe they can get back the investors they lost.
So still 50/50, but to be fair, we are in the worst bearish state, every project, even Ethereum is losing some investors as they are not willing to put some money because of the prevailing conditions. But then again, no one can dethrone Ethereum at the top of the altcoin market, not even Solana.
Solana quickly became a favorite among many investors, Does it became the next Ethereum 
Crypto market is so unpredictable.
A number of blockchains have made great progress in transaction scalability, and now Ethereum finds itself in the role of catching up with these technologies. Remember that in June, Solana overtook Ethereum in the number of transactions. Also, Solana clearly demonstrates to users the capabilities of the SVM virtual machine, which allowed it to overtake the performance of the VISA payment system (a sacred goal for Vitalik Buterin). So who knows?
You are right, there is a problem with solana's network last time but I don't think this encourages more people to get in because it doesn't sound positive. Many existing sol users are in fact stopped buying more sol for a while and they can even sell some due to doubts.
it all happened because the Solana network experienced several blackouts so that some investors were afraid or hesitant to invest more in Solana.but actually it is also very high risk if investing in coins that have unresolved problems such as problems on the network will greatly reduce the popularity of the coin and the price will sideway.
and some investors today just prefer to invest in coins that are better for the long term and have high utility in the future such as bitcoin which makes investors more trusting compared to other coins
Bless you, not in a million years. Solana can never overtake BNB never mind Ethereum. I mean, you are asking a lot of noise from a project which scalability is a big problem, and network outages are far more regular than ever
Solana is a fantastic coin because it can enter the top 10 ranking in a short time, ETH, BNB and others need more than a year to be able to enter the top 10 but solana has not been a year has entered the top 10 ranking, because it enters the top 10 ranking, of course, it certainly makes the number of users and transactions increase significantly so that there has been a problem with the network.
Eth is the second coin in crypto next to bitcoin and it was the base of all altcoins. Without it, there will be no other altcoins so I think that eth is automatically placed in the second spot but for bnb, yes it is true that it takes time because binance exchange was a new exchange back in time and it also takes time to overcome other old exchanges and then they decided to create their own coin later which they called bnb.You are right, there is a problem with solana's network last time but I don't think this encourages more people to get in because it doesn't sound positive. Many existing sol users are in fact stopped buying more sol for a while and they can even sell some due to doubts.
I doubt this, solana have failed multiple times and the problem of shutting itself down out of nowhere still persists, Ethereum never had such problem in the past, I am thinking that another project will take Solana's place very soon unless the developer fix it's never ending problem.
Whenever I think of a token or chain that has some potential to compete with or take over Ethereum its Solana that comes to my mind.
There is just too many problems with it like constant downtime and not as much hype for new project since there once was. Also many security breaches from the last few months make we concerned.
SOL is down close to 200 dollars per coin this year so if you have confidence in this project there is much profit to be made when the 'bull market' starts again.
There is just too many problems with it like constant downtime and not as much hype for new project since there once was. Also many security breaches from the last few months make we concerned.
SOL is down close to 200 dollars per coin this year so if you have confidence in this project there is much profit to be made when the 'bull market' starts again.
Solana have already made itself one among the strong project in the market securing top position. Solana founder Anatoly Yakovenko have come forward about the ethereum killer narrative. Solana is not actually trying to kill Ethereum. The creators of Solana try to develop it in direct competence and not in the event of killing ethereum. As ethereum is the market leader, Solana make comparisons their level with that of ethereum which keeps them progressive.
Solana Founder Says It Is Not An ‘Ethereum Killer’
Solana Founder Says It Is Not An ‘Ethereum Killer’
Probably because they cant fix the outages and it would be laughable if its the Ethereum Killer their community has been shouting yet the Solana blockchain has shown there is a big problem that they cant fix for a year now.
honestly this statements doesn't make sense since ethereum isn't going anywhere, solana has higher chance of having its value gone than eth since eth having already went through various of corrections and still exists until today.
.. What surprised me is how poor the Solana blockchain is and yet they still get shout-out from those we were supposed to call the leaders in the industry. Solana always get blackout whenever there's a pressure and this goes to show how poor the blockchain is and shoudn't have been launched yet or pit under so much pressure die to the high marketing on the project. They're under delivering as people expectations much better performance than what it is currently providing. Solana will always be under the shadows of Ethereum.
Ethereum is the only layer 1 project that'll stand the test of time and still remain relevant others will die off and better alternative will be launched yet all will still be fighting to be recognized as the Ethereum killer.
I think it might be, but not right now and not in just one night like everyone else does. Investing in Solana is a good idea because compared to Ethereum it has lowest gas fees and is a coin that people want I know that Ethereum is the best coin that Solana can't beat it and that investing in Solana is riskier than investing in Ethereum but it is thought that Solana will become more valuable and useful over the next few years Solana says it can handle about 50,000 transactions per second while Ethereum can handle between 15 and 45 transactions per second this can help Solana grow quickly which is one of the most important things for a coin to do if it wants to catch bitcoin and or Ethereum or even pass them.
Solana is a fantastic coin because it can enter the top 10 ranking in a short time, ETH, BNB and others need more than a year to be able to enter the top 10 but solana has not been a year has entered the top 10 ranking, because it enters the top 10 ranking, of course, it certainly makes the number of users and transactions increase significantly so that there has been a problem with the network.
even though solana is included in the fantastic coin, but I think there is still a very high expectation that solana will be the next ethereum. Solana's power is still very far from ethereum, even I feel that Solana can't even compete with BSC yet. it's not only a matter of transaction speed and low fees, it's also a question of functionality and popularity. Until now, the ethereum user community is still very large. the density of transactions that people do makes gas fees go up. however, i feel that solana can't beat ethereum yet. Solana have already made itself one among the strong project in the market securing top position. Solana founder Anatoly Yakovenko have come forward about the ethereum killer narrative. Solana is not actually trying to kill Ethereum. The creators of Solana try to develop it in direct competence and not in the event of killing ethereum. As ethereum is the market leader, Solana make comparisons their level with that of ethereum which keeps them progressive.
Solana Founder Says It Is Not An ‘Ethereum Killer’
Solana Founder Says It Is Not An ‘Ethereum Killer’
At least the founder didn't lie by saying "Solana is not an Ethereum killer". It's obvious that's the case with this project after so many network outages. There's centralization at every level, so Solana and most other "competing chains" will remain below ETH for a long time. People should understand that it's not about speed or cost-efficiency, but rather about decentralization and censorship-resistance. Why would I want to pay or wait less per transaction if the blockchain I'm using is completely unstable?
For this and many other reasons, I think Ethereum's place won't change for the foreseeable future. At least, there are many alternatives to choose from. As long as decentralization wins, nothing else matters. Just my opinion
And for some, the price is an indicator of which has far better technology over the other. Solana is backed by FTX exchange which made it trusted by many investors.
But I don't think Solana will be the next ETH for there are still fewer projects on top of it. To me, Polygon has attracted more investors including Walmart and Warren Buffet's bank.
Solana have already made itself one among the strong project in the market securing top position. Solana founder Anatoly Yakovenko have come forward about the ethereum killer narrative. Solana is not actually trying to kill Ethereum. The creators of Solana try to develop it in direct competence and not in the event of killing ethereum. As ethereum is the market leader, Solana make comparisons their level with that of ethereum which keeps them progressive.
Solana Founder Says It Is Not An ‘Ethereum Killer’
Solana Founder Says It Is Not An ‘Ethereum Killer’
At least the founder didn't lie by saying "Solana is not an Ethereum killer". It's obvious that's the case with this project after so many network outages. There's centralization at every level, so Solana and most other "competing chains" will remain below ETH for a long time. People should understand that it's not about speed or cost-efficiency, but rather about decentralization and censorship-resistance. Why would I want to pay or wait less per transaction if the blockchain I'm using is completely unstable?
For this and many other reasons, I think Ethereum's place won't change for the foreseeable future. At least, there are many alternatives to choose from. As long as decentralization wins, nothing else matters. Just my opinion
Solana is a VC-funded business, while Ethereum is more akin to a protocol, a la Bitcoin.
Solana is conventional finance with a "crypto" veneer. Ethereum was a good-faith, second step expanding upon Satoshi's vision.
Solana is conventional finance with a "crypto" veneer. Ethereum was a good-faith, second step expanding upon Satoshi's vision.
Even though Solana has some good features, it is still not a trusted network and will never be number one. As for Ethereum, as soon as it became POS, it quickly abandoned Satoshi's vision. Now, I say Ethereum will probably not hold its first-place position much longer. How can you trust a network that censors certain transactions?
Solana has indeed attracted the attention of investors, because solana has its own technology. If talking about solana will be the next eth, I don't think it's right. Because solana and eth are different.
right mate, they are two different things and very different, but can Solana be the next eth? obviously not going to happen.although it must be admitted that Solana has a fast, safe and cheap market application and certainly not much different from eth, only eth has ever had problems with expensive gas costs. but now eth2.0 has started to make improvements which are very reliable in its development.
once again eth has also started to be widely used again although it is not completely but will come back again in time.
Solana have already made itself one among the strong project in the market securing top position. Solana founder Anatoly Yakovenko have come forward about the ethereum killer narrative. Solana is not actually trying to kill Ethereum. The creators of Solana try to develop it in direct competence and not in the event of killing ethereum. As ethereum is the market leader, Solana make comparisons their level with that of ethereum which keeps them progressive.
Solana Founder Says It Is Not An ‘Ethereum Killer’
Solana Founder Says It Is Not An ‘Ethereum Killer’
lke it or not, solana will never be strong enough to kill ethereum, Solana Anatoly Yakovenko, he should remember that they cannot kill ethereum or replace it. with a potential blockchain that has crashed 9 times this year and they have almost not found an effective solution to prevent it and i believe it will continue to happen in the future. solana is leading the race where blockchain crashes the most.
have you heard about Aptos, layer1 project is taking the market by storm these days, i believe it will be future solana replacement with similarities as well as aptos development team coming from solana
Solana has indeed attracted the attention of investors, because solana has its own technology. If talking about solana will be the next eth, I don't think it's right. Because solana and eth are different.
Solana can not be like Ethereum, because they are created in difference Blockchain and motive with a difference roadmap and whitepepper, which we take so many years from now, for Solana Coin to fall range of $1000 per 1 Sol coin, base on the current price of Ethereum, which may increase by that time. The best thing is to buy and hold.
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