Pages:
Author

Topic: How good is solana? And can it run along Ethereum in long run? - page 2. (Read 373 times)

jr. member
Activity: 74
Merit: 6
Solana had a DDoS attack on it's network and was down for hours. That's the weakness. If it FUDs in the future that's the reason.
hero member
Activity: 1764
Merit: 505
#SWGT PRE-SALE IS LIVE
For now I would consider both sol and ada a good option of eth although they have some limitations, recently sol network experience a serious breakdown (I know it can happen to any network) but it goes to show that the network still have some work to be done to actually be in the level of eth in near future,  they are doing good but more work needs to be put in.

They're good but with eth continuous developments like the upgrades they're doing I guess solana can't beat their worth. Though they had been showing us a great times, that won't be an assurance for us to loss support on established coins because they're more reliable compared with altcoins. Sol, needs more efforts to compete along other coins in the market and it might take several years to do it.
legendary
Activity: 2338
Merit: 1354
Most modern blockchains use some form of PoS. But Solana's biggest competitor is Ethereum, which still relies on PoW – though it's in the process of switching to PoS.
Yep, I think that's why these alternatives Ethereum networks starting to become popular because Ethereum users are indeed having a hard time with transaction fees, look how these PoS networks boomed recently specially Solana.

I don't think also Solana or other POS networks will flip Ethereum, what can I see is Ethereum is too far from other POS networks, so I don't think so that it makes sense to make a comparison since Ethereum still has a lot of upcoming updates.
member
Activity: 744
Merit: 10
Syntrum.com
Team are working hard to established project so that it climb the top position but it will really impossible to replace eth in near future .Lets see how it will move in the upcoming days .

Every project's doing the best efforts to be in the top list, but none's gonna be the ethereum killer or same like that because every new projects has their extra feature along with smart contract support. So blind users will always say, next ethereum killer and other stuff like this to create fomo among the newbies. So lets wait and see, how long solana or other projects will keep the hype or gonna keep the bullish momentum for long run by increasing the adoption.

I'm expecting next 1-2 years to be bullish for Solana and if devs make to stable release and several useful projects get on this ecosystem then it could run for next 5-7 years with increasing price.

With Solana's current price, I can see it Bullish.
The important thing is that Solana Network does not stop like we saw some time ago, if it continues then the price of solana will go down as we saw today.
But if you look at the development of the SOL price, the price increase is happening so fast, and I don't expect this to be manipulation by the whales
hero member
Activity: 2912
Merit: 613
More than thousand cryptos with their own blockchain are running around but to be I can only see Cardano and Solana to be a better version. People following crypto since 2015 might have fall or many crypto projects. What do you think about Solana? I would like to learn more from people of this forum
Can't deny that Solana is performing so well which might a thing to consider in choosing a project for investment. I can't say that it will compete with Ethereum closely or it keeps that momentum for long but at least we are seeing the new coin, a new project that is somewhat potentials and in fact, only a few of them have this kind while many were just shit.

therefore, I could say that Solana is a better market prospect but don't expect much for this, we are still not sure about its future.
sr. member
Activity: 938
Merit: 255
SmartFi - EARN, LEND & TRADE
More than thousand cryptos with their own blockchain are running around but to be I can only see Cardano and Solana to be a better version. People following crypto since 2015 might have fall or many crypto projects. What do you think about Solana? I would like to learn more from people of this forum

Yes, there are many blockchains but if you notice, a lot of them must have started on the Ethereum blockchain, however because of how outstanding the Ethereum blockchain is, they are all finding it hard to beat it till date. Starting with ADA blockchain, sometimes it gets congested and one will ask if it is capable of challenging the Ethereum blockchain, even Solana some days ago had issues with their network thus still proving that Ethereum is more effective and efficient than them.
Asking, about Solana, it has proved itself through the massive growth it experienced so far this year alone, and currently a lot of projects are building on it which will lead to more growth. Also, owing to the fact that DeFi and DEX are still coming back gradually, Solana might be the centre of attention soon because it's evident the blockchain is attracting more good projects. Nevertheless, more blockchains are stepping up such as Fantom, and the competition in the coming months will be a good one, which will be good for Solana as it is already leading in that aspect.
legendary
Activity: 2030
Merit: 1189
Solana cannot allow users to set up a node easily and neither can Cardano. So far, Solana's network has had two outages. Cardano still works well with the supernodes they create.

Apparently, the reason for Solana's recent outage for hours is that it's still running on it's test version - still not an excuse though.

To be fair, in my view both Cardano and Solana still have a long way to go to even come close to the activity performed on Ethereum. They are good alternatives but still in their early stages.

You can't say Cardano is ready when the upgrade for smart contract deployment has only just been launched. The proper stress test hasn't even began yet.

There's potential as much as there's work to do.
full member
Activity: 2128
Merit: 180
At present Solana is a very good coin. Many have earned a lot of money from this Solana.Especially those who have done futures trading have made a lot of profit from here.At present, Bitcoin Ethereum has made Solana much more profitable than these. I myself have made a lot of profit from this Solana.
There’s also a lot of people who get trapped on top because of the hype, so not everyone makes money. Anyway, SOL can really work along with ETH, it can compete and there’s a chance that it will be next to ETH but I don’t think this project can really replace ETH since we also anticipate for ADA to beat ETH and yet they failed to do so, its better now to work together because they can’t really replace ETH.
legendary
Activity: 2044
Merit: 1075
Leading Crypto Sports Betting & Casino Platform
You can assume anything you want in the crypto world, but that doesn't mean it will be right or wrong. Solana is a great product, it is a great project and it would definitely run all of ETH on its blockchain without increasing the gas fee at all, but none of this means that it would be second ranked coin in the future. However, it also doesn't mean that it will suck neither. We are talking about things in crypto that are totally incalculable because it is not something we could predict.

We have seen doge which was a joke to begin with to make people laugh become 5th biggest coin for a while this year, it has a horrible blockchain and it was a pure joke and still somehow got attention, and we are talking about amazing projects that do not even go to top 10. We also have great projects in top 10 and have horrible ones crash to zero as the common thing of course. All in all nothing about SOL can be predicted just yet, we need to wait and see.
sr. member
Activity: 1428
Merit: 250
Most modern blockchains use some form of PoS. But Solana's biggest competitor is Ethereum, which still relies on PoW – though it's in the process of switching to PoS.
hero member
Activity: 2408
Merit: 693
SecureShift.io | Crypto-Exchange
For now I would consider both sol and ada a good option of eth although they have some limitations, recently sol network experience a serious breakdown (I know it can happen to any network) but it goes to show that the network still have some work to be done to actually be in the level of eth in near future,  they are doing good but more work needs to be put in.
hero member
Activity: 654
Merit: 500
Team are working hard to established project so that it climb the top position but it will really impossible to replace eth in near future .Lets see how it will move in the upcoming days .

Every project's doing the best efforts to be in the top list, but none's gonna be the ethereum killer or same like that because every new projects has their extra feature along with smart contract support. So blind users will always say, next ethereum killer and other stuff like this to create fomo among the newbies. So lets wait and see, how long solana or other projects will keep the hype or gonna keep the bullish momentum for long run by increasing the adoption.

I'm expecting next 1-2 years to be bullish for Solana and if devs make to stable release and several useful projects get on this ecosystem then it could run for next 5-7 years with increasing price.
sr. member
Activity: 1428
Merit: 275
BitByte Crypto: https://link3.to/bitbytecrypto
Team are working hard to established project so that it climb the top position but it will really impossible to replace eth in near future .Lets see how it will move in the upcoming days .

Every project's doing the best efforts to be in the top list, but none's gonna be the ethereum killer or same like that because every new projects has their extra feature along with smart contract support. So blind users will always say, next ethereum killer and other stuff like this to create fomo among the newbies. So lets wait and see, how long solana or other projects will keep the hype or gonna keep the bullish momentum for long run by increasing the adoption.
full member
Activity: 1050
Merit: 104
More than thousand cryptos with their own blockchain are running around but to be I can only see Cardano and Solana to be a better version. People following crypto since 2015 might have fall or many crypto projects. What do you think about Solana? I would like to learn more from people of this forum
I have seen the price of the cryptocurrency solana (SOL) in recent times attracting the interest of crypto asset investors.
What's wrong with Solana?
When the market trend is correcting, the stock price of the SOL currency continues to increase.
Perhaps one of the reasons for Solana's skyrocketing price is that the blockchain project that is the center of the crypto asset continues and the results are increasingly visible.
So the Solana blockchain project is claimed to be the fastest blockchain in the world.
full member
Activity: 1292
Merit: 101
Vave.com
Well, cardano and solana, both of these coins are having hype from the whole community as we see a lot of hypes from different coins or sub-chaina. So it’s just one of those and eventually this hype will slow down when other sub-chain or ecosystem will take that place. But both are good for long term perspective as well.  Cheesy
Its true that the market were going through hype in the recent past and some project has gained enough from this time .SOL is on of the coin which has shown a lot of potentiality and also get a good hype that's why it has gone so far within short time .I strongly believe that SOL is a great project with a great ecosystem and well developed.Team are working hard to established project so that it climb the top position but it will really impossible to replace eth in near future .Lets see how it will move in the upcoming days .
legendary
Activity: 2982
Merit: 1069
Solana is more hype and less work. They have rebounded from last weeks crash but they still not have a ecosystem good enough for people to switch. As newer platforms with better speed and fees are coming with easier development, a lot of people are still stuck with older ones. So, it would be difficult for any new projects to gain attention of developers as there's a though competition and a better one comes out every day. Till they fight, Ethereum is going to go strong but in long run the newer platform that attracts the most developers is going to win.
full member
Activity: 1382
Merit: 105
 Solana is a growing fast blockchain and on CARDANO blockchain will also perform well in coming days, Solana blockchain projects getting good success and many projects coming on Solana blockchain, I hope will be along with Ethereum and will rival of Ethereum.   
jr. member
Activity: 840
Merit: 6
More than thousand cryptos with their own blockchain are running around but to be I can only see Cardano and Solana to be a better version. People following crypto since 2015 might have fall or many crypto projects. What do you think about Solana? I would like to learn more from people of this forum
I think Solana will do alright but projects that try and partner with Ethereum and scale Ethereum, like NEAR and Aurora will do better than projects trying to kill Ethereum. That said, if you are still trading or farming on Ethereum you are stupid or a whale that doesn't care about throwing thousands of dollars in ETH away for mining fees. It's better to farm on Solana or NEAR protocol- Ref Finance or even on Fantom or Celo for that matter.
hero member
Activity: 2184
Merit: 513
Moonbet.io | Web3 Casino
Solana chain was a good chain coz it was fixing all of problems that happened with the old blockchain like ethereum. ADA was also a good platform but it's not better as solana. Solana was offering a new ecosystem that more scalable on its TPS. The problem is just because it can load big transactions and it makes the blockchain to be stopped. That's quite strange to see that. If there's a lot of nodes and this may not possible to happen as long as there are still active nodes in the network. SOL can be considered as a new version of ethereum but almost all of smartcontract projects were also fixing problems of ethereum.
The tech that already brought by solana was not a new tech.
full member
Activity: 1829
Merit: 134
Moderator
More than thousand cryptos with their own blockchain are running around but to be I can only see Cardano and Solana to be a better version. People following crypto since 2015 might have fall or many crypto projects. What do you think about Solana? I would like to learn more from people of this forum
Both of them it's the best Ethereum alternative beside BSC, Solana itself offering tons of benefits and it was simple, Higher TPS (50k+), Cheaper Transaction fees and more flexible Smart-Contract Programming (From what i read on the other discussion) and it will making more wider scalability, Cardano itself it's good too but i think solana it's much better.
Pages:
Jump to: