Does Solana have a future? - page 4.

kesmex

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Quote from: hamba laeh on March 26, 2022, 09:03:43 AM

Quote from: Abiky on March 18, 2022, 12:28:37 PM

2021 proved to be the biggest year for Solana as the cryptocurrency reached new All-time-highs in price. Mainstream adoption was flowing like never before, with new projects joining in the craze. What made Solana extremely successful at the time was its highly-performing blockchain network (blazing-fast speeds and ultra-low fees unlike any other blockchain in existence). But the recent number of network outages caused prices to sink to the point where Solana is far from its latest All-time-high. It's no wonder since security/reliability is the key towards any project's success.

That said, there might still be hope for Solana if developers continue to improve the network to help prevent further outages from occurring again. Helping build new technologies take time to make them as rock-solid as possible. If all goes well, we might see a better version of Solana 10 years from now.

What do you think about this project? Will it have a future? If not, why? Your input will be greatly appreciated. Thanks in advance.

we have seen good growth from Solona, and solana has good potential to continue to grow in the future. and i'm sure solona developers have big visions in the future like they did with ethereum and binance. they will continue to strive to improve solona with various programs that they will develop in the future. and I also believe solona has strong fundamentals to improve its functionality in cryptocurrencies.

Solana's future can already be seen, it is proven that SOL is able to increase from $2 to $100 in 2 years,
of course this is a very good investment for investors in 2020, although currently it looks like SOL has decreased from $200,
but I'm still sure that SOL can be above Another $200 in the future, so don't worry

hamba laeh

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Quote from: Abiky on March 18, 2022, 12:28:37 PM

2021 proved to be the biggest year for Solana as the cryptocurrency reached new All-time-highs in price. Mainstream adoption was flowing like never before, with new projects joining in the craze. What made Solana extremely successful at the time was its highly-performing blockchain network (blazing-fast speeds and ultra-low fees unlike any other blockchain in existence). But the recent number of network outages caused prices to sink to the point where Solana is far from its latest All-time-high. It's no wonder since security/reliability is the key towards any project's success.

That said, there might still be hope for Solana if developers continue to improve the network to help prevent further outages from occurring again. Helping build new technologies take time to make them as rock-solid as possible. If all goes well, we might see a better version of Solana 10 years from now.

What do you think about this project? Will it have a future? If not, why? Your input will be greatly appreciated. Thanks in advance.

we have seen good growth from Solona, and solana has good potential to continue to grow in the future. and i'm sure solona developers have big visions in the future like they did with ethereum and binance. they will continue to strive to improve solona with various programs that they will develop in the future. and I also believe solona has strong fundamentals to improve its functionality in cryptocurrencies.

magneto

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Quote from: Abiky on March 18, 2022, 12:28:37 PM

2021 proved to be the biggest year for Solana as the cryptocurrency reached new All-time-highs in price. Mainstream adoption was flowing like never before, with new projects joining in the craze. What made Solana extremely successful at the time was its highly-performing blockchain network (blazing-fast speeds and ultra-low fees unlike any other blockchain in existence). But the recent number of network outages caused prices to sink to the point where Solana is far from its latest All-time-high. It's no wonder since security/reliability is the key towards any project's success.

That said, there might still be hope for Solana if developers continue to improve the network to help prevent further outages from occurring again. Helping build new technologies take time to make them as rock-solid as possible. If all goes well, we might see a better version of Solana 10 years from now.

What do you think about this project? Will it have a future? If not, why? Your input will be greatly appreciated. Thanks in advance.

Personally think that there is a future for SOL.

Even though yes, it is more centralised than a lot of the other blockchains, its performance when the network is up is undeniably good.

And there are just a lot of new apps that are deploying on the Solana blockchain right now, which is a healthy sign that a blockchain has a strong ecosystem going forward. Certainly worth watching going into 2024 in my opinion.

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Quote from: Abiky on March 25, 2022, 08:36:44 PM

Quote from: wozzek23 on March 23, 2022, 01:48:30 PM

Solana is a good project and it has been growing back as of recent. And I have read a lot of experts analysis on the cryptocurrency and they are all mostly positive. Most of them expect more than two hundred percent (200%) increase in 2025 and even more by 2030. So, the same thing you believe is what a lot of people do believe; that it will continue to grow in the future, as long as the developers continues to work hard to better the platform of Solana.

Although something else I have seen a lot of people complain about this project is its centralized form. But I have heard that they working towards being as decentralized as Ethereum and Bitcoin this year, and let’s hope they make that happen.

For what I know, altcoins come and go as hype shifts away from one project to another. I don't see Solana any different than other altcoins with shiny new features but without any substance to it. The cryptocurrency's price is way below its latest All-time-high so it's hard to tell if it'll have a future or not. Competition in the smart contracts space is getting fierce every day, but there can only be one winner. And that would be Ethereum as no other alternative can outmatch its level of decentralization and censorship-resistance. Just my thoughts Grin

It is true no other alternative can overcome ethereum in terms of its decentralization, at times gas price will be much discussed. More the competence level, higher will be the innovation. This way we can expect more potential outcomes in the upcoming years. This doesn't want to be Solona, maybe some other blockchain. Altcoins serve to be hype shifts, but this isn't the same with every altcoin. There can be issues, but it needs time to get things settled.

At present condition solona serves better to be a daily usage currency than ethereum due to the gas price. So, things vary between different assets, only time can give the output. Recently krafton have signed a partnership with Solona for developing play to earn crypto games. It have got ability, if not such partnership won't happen.

Abiky

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Quote from: wozzek23 on March 23, 2022, 01:48:30 PM

Solana is a good project and it has been growing back as of recent. And I have read a lot of experts analysis on the cryptocurrency and they are all mostly positive. Most of them expect more than two hundred percent (200%) increase in 2025 and even more by 2030. So, the same thing you believe is what a lot of people do believe; that it will continue to grow in the future, as long as the developers continues to work hard to better the platform of Solana.

Although something else I have seen a lot of people complain about this project is its centralized form. But I have heard that they working towards being as decentralized as Ethereum and Bitcoin this year, and let’s hope they make that happen.

If Solana focuses on decentralization, then it would be on a road towards non-stop success. Its future will greatly depend on how reliable the Blockchain network is. So far, Solana's been nothing but a victim of constant network outages putting its reliability in question. It'll be up to developers themselves to fix this or people will simply move on to another project.

For what I know, altcoins come and go as hype shifts away from one project to another. I don't see Solana any different than other altcoins with shiny new features but without any substance to it. The cryptocurrency's price is way below its latest All-time-high so it's hard to tell if it'll have a future or not. Competition in the smart contracts space is getting fierce every day, but there can only be one winner. And that would be Ethereum as no other alternative can outmatch its level of decentralization and censorship-resistance. Just my thoughts Grin

Adbitco

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It is a newly birth project with its chain and as the case may be the project will have a great move in the nearest future unlike other projects already in existence. So we have to be patient to see there will be further developments, besides lot of projects have been deployed using their network.

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Quote from: mumang siat on March 24, 2022, 02:52:09 AM

Quote from: leea-1334 on March 24, 2022, 01:44:42 AM

Roadmap? Serious stuff? I thought you were a veteran;) That used to be all that ICOs did. Some of the best scams had brilliant whitepapers and roadmaps. New projects do not even bother these days with whitepaper

Actually we also have to understand that the concept of altcoins is indeed more dependent on hype, so no single altcoin is able to be at a big point like bitcoin, I studied individually about altcoins, but what I found almost all of them were influenced by the ongoing hype, one- the only difference is how big and small the hype is, so objectively as you say is very true, no big Votality for altcoins. Even if there is, only Ethereum and BNB and the rest are pretty much the same pattern they run

Not sure what you are going on about mate, if it is true you have studied individually about altcoins then you cannot be serious about 'no big volatility for altcoins',,, the only time altcoins stop becoming volatile is when they are practically down to 1% of their ATH Wink

Anyway, not really relevant to what I was commenting on. Back on point, Solana, not a single person since I commented has laid any argument convincing enough, in fact every point is making my opinion of it worse

HieuAnh

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I love Solana and i really believe 🥰

Oneandpure

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Bitcoin price effect Solana up drastically from $90 until $102 and have potential keep going up depend with bitcoin price keep stay on higher price or not, I think looks have recovery although as slowly but Solana coin keep potential for trading and investing. I have checked with Solana coin after dump to $80 but I saw have slowly price up and daily day just change few percent only.

I am missing opportunity after getting Solana have drastically pump to higher price and success break above $100 but if entry right now looks afraid because have reach higher price and really risk when bitcoin drop again.

Ahli38

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From the beginning of Solana's presence. I am an enthusiastic person for this project. and think positive for the long term. because I think solana's project has a bright future.

and about the obstacles or problems that occur I think they can solve this quickly.
because the enthusiasm of the world of crypto warriors against Solana still hasn't been extinguished.
as evidenced by the increasing number of tokens being born on the Solana blockchain.

super bako

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seasons are always a breath of fresh air, where the right position we plunge is the best position. solana for me is a good coin and has the potential to live long term which can be said is still young. the development of the concept of the solana agenda I am sure there will still be a lot that will happen in the future, it has a good impact on holding solana now

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Quote from: fzkto on March 23, 2022, 08:13:01 AM

I think the future is always the same for any altcoin. Except of course for really good projects, but there is only one so far, and that is Ethereum. All the other projects come and go, it happens all the time year after year. I think that in time a new Solana will come along, which will be much better than the current one. History always repeats itself.

Agree that there will be better altcoins to replace, looking at Topcoins 2017 and 2022 We saw a very clear difference. Most topcoins have been replaced by better altcoins, only BTC and ETH hold their ground. But the market is growing day by day, we should expect more successful projects than failures. Although Solana, DOT, Near… may not be able to replace ETH but I still believe and hope they will develop and exist with the market.

Victorik

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There are many factors to judge if a project has a future or not. The some of the factors are;
• what problem does the project intend to solve?
• does the team have the experience and capability to pull the project through?
• is the project actually solving the problem?

If the above questions can be answered in the affirmative, then hopefully the project will succeed.

Solana was built to solve the problem of transactions fee, transaction scalability. So, with time I am sure the team will get it right and do very well in the future.

Bitstar_coin

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Quote from: Abiky on March 18, 2022, 12:28:37 PM

...That said, there might still be hope for Solana if developers continue to improve the network to help prevent further outages from occurring again. Helping build new technologies take time to make them as rock-solid as possible. If all goes well, we might see a better version of Solana 10 years from now.

What do you think about this project? Will it have a future? If not, why? Your input will be greatly appreciated. Thanks in advance.

I think you already answered the question about solana having a future in your explanation, like you already said, as long as the developers continue improving the network to protect it from further occurrence everything will be fine, besides, solana blockchain is still on alpha stage despite the sudden popularity. besides, other blockchain also experience different network issues that doesn't mean they don't have a future, look at eth also have its own issues, i don't think there is any blockchain that is 100% free of any technical issue.

mumang siat

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Quote from: leea-1334 on March 24, 2022, 01:44:42 AM

Quote from: barbara44 on March 23, 2022, 11:52:29 AM

Quote from: leea-1334 on March 22, 2022, 07:13:38 AM

Not saying that SOL is a scam but it does not at all look different from other "challenger" networks. Tries to get Defi in, then tries to get nft in and now gaming and metaverse also.

Only pro is cheap fees.

I would have to say that it is clear to me we are not going to end up with a big deal out of "all" coins. I mean it is obvious that some of them will fail. Maybe it is the veteran in me, but I know that shiba and the likes will fail, the memecoin ones. How do I know this? Because if a project is basing all of the success on hype alone then it will die, hype is temporary and it will not continue.

What I believe however will happen is that we will see a lot more people making a better coin or token, where the features and the roadmap has serious stuff in it, even better there will be some new features that we haven't seen before, those will succeed.

Honestly speaking,,, one does not need to be a veteran to know that all memecoins will eventually fail because of the reason you say. Nothing but hype, and spending new money on marketing to get more new money in.

And if we are being objective things like Solana are exactly the same.

Roadmap? Serious stuff? I thought you were a veteran;) That used to be all that ICOs did. Some of the best scams had brilliant whitepapers and roadmaps. New projects do not even bother these days with whitepaper

Actually we also have to understand that the concept of altcoins is indeed more dependent on hype, so no single altcoin is able to be at a big point like bitcoin, I studied individually about altcoins, but what I found almost all of them were influenced by the ongoing hype, one- the only difference is how big and small the hype is, so objectively as you say is very true, no big Votality for altcoins. Even if there is, only Ethereum and BNB and the rest are pretty much the same pattern they run

leea-1334

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Quote from: barbara44 on March 23, 2022, 11:52:29 AM

Quote from: leea-1334 on March 22, 2022, 07:13:38 AM

Not saying that SOL is a scam but it does not at all look different from other "challenger" networks. Tries to get Defi in, then tries to get nft in and now gaming and metaverse also.

Only pro is cheap fees.

I would have to say that it is clear to me we are not going to end up with a big deal out of "all" coins. I mean it is obvious that some of them will fail. Maybe it is the veteran in me, but I know that shiba and the likes will fail, the memecoin ones. How do I know this? Because if a project is basing all of the success on hype alone then it will die, hype is temporary and it will not continue.

What I believe however will happen is that we will see a lot more people making a better coin or token, where the features and the roadmap has serious stuff in it, even better there will be some new features that we haven't seen before, those will succeed.

Honestly speaking,,, one does not need to be a veteran to know that all memecoins will eventually fail because of the reason you say. Nothing but hype, and spending new money on marketing to get more new money in.

And if we are being objective things like Solana are exactly the same.

Roadmap? Serious stuff? I thought you were a veteran;) That used to be all that ICOs did. Some of the best scams had brilliant whitepapers and roadmaps. New projects do not even bother these days with whitepaper

wozzek23

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Solana is a good project and it has been growing back as of recent. And I have read a lot of experts analysis on the cryptocurrency and they are all mostly positive. Most of them expect more than two hundred percent (200%) increase in 2025 and even more by 2030. So, the same thing you believe is what a lot of people do believe; that it will continue to grow in the future, as long as the developers continues to work hard to better the platform of Solana.

Although something else I have seen a lot of people complain about this project is its centralized form. But I have heard that they working towards being as decentralized as Ethereum and Bitcoin this year, and let’s hope they make that happen.

barbara44

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Quote from: leea-1334 on March 22, 2022, 07:13:38 AM

My honest 2 cents is that all altcoins have potential. But also,,, all scam coins have potential.

Not saying that SOL is a scam but it does not at all look different from other "challenger" networks. Tries to get Defi in, then tries to get nft in and now gaming and metaverse also.

Only pro is cheap fees.

I would have to say that it is clear to me we are not going to end up with a big deal out of "all" coins. I mean it is obvious that some of them will fail. Maybe it is the veteran in me, but I know that shiba and the likes will fail, the memecoin ones. How do I know this? Because if a project is basing all of the success on hype alone then it will die, hype is temporary and it will not continue.

What I believe however will happen is that we will see a lot more people making a better coin or token, where the features and the roadmap has serious stuff in it, even better there will be some new features that we haven't seen before, those will succeed.

andyou1234

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solana is one of the altcoins that is included in the top 10 of CMC and has strong fundamentals in the crypto market apart from that the adoption of this coin is increasing from time to time so I am very optimistic that solana will grow back along with improving market conditions, and I believe solana has bright future in cryptocurrancy.

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Quote from: retreat on March 23, 2022, 10:24:50 AM

Quote from: ?? on ??

Price drops I think is normal for any coin, it's not a serious threat to a cryptocurrency project.
As long as Solana is still being developed by developers, then there is good potential for Solana's future, regarding the performance of Solana's network I can't doubt it, it could be that the Solana network will become the No.1 network in the future replacing ethereum if the solana project is able to attract the community for their project.

solana won't be able to shift ethereum because there are still quite a lot of bugs encountered in solana. Solana network may in the future be one of the most popular networks but Ethereum cannot be replaced by Solana because Ethereum is the first altcoin to adopt smart contracts.

Why not? Solana can indeed be an ethereum competitor, moreover Ethereum is also rumored to not be able to be mined anymore,

and will switch to PoS, of course this will be a good thing for Solana, because Solana is already using the PoS algorithm without any problems,
Solana's price has also shown this which is very extraordinary, from $3 to $200 last year is a great thing, of course SOL is very bright in the future

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