Solana did have a good week and investors got some big gains. It is up 11 percent in just now the last 7 days. A SOL token now costs $157 and now it is setting to next make the price of $164.
I do hope this current 'bullish' price does stay like this. I am still hodling some of them and it does not seem like it was so long ago price was $200. I do think we will see that price sometime again soon.
https://bitcoinist.com/solana-major-breakout-looms/
Topic: Solana blockchain - page 2. (Read 4582 times)
https://www.theblock.co/post/311937/sec-talks-etf-issuers-concerns-solana-security-source
SEC talks with ETF issuers over concerns of Solana being a security preceded Cboe removing 19b-4s: Sources
"The SEC expressed concerns over Solana’s status as a security in talks with prospective ETF issuers ahead of the Cboe removing the related 19b-4 forms from its website.
The 19b-4 forms have not been filed to the Federal Register."
SEC talks with ETF issuers over concerns of Solana being a security preceded Cboe removing 19b-4s: Sources
"The SEC expressed concerns over Solana’s status as a security in talks with prospective ETF issuers ahead of the Cboe removing the related 19b-4 forms from its website.
The 19b-4 forms have not been filed to the Federal Register."
So now Solana is a security while Ethereum is not? Pure hipocrisy from the SEC. By definition, ETH is a security. But the SEC backed down on its claims due to fear from giants like BlackRock and VanEck. "Money talks", right? So if these giants show their interest in SOL, you can bet the SEC will give the "green light" for the launch of spot ETFs. I'm not so sure about XRP and the others.
Who needs ETFs anyways? SOL experienced gains without "Wall Street" in the game. Just like both BTC and ETH. I'm sure it will do fine without spot ETFs. Rest assured that if they're approved by the SEC, market prices will go higher at a fast pace. A true win for "hodlers" of the cryptocurrency. Let's see what happens in the long run.
Well now hackers are hacking the social media accounts to promote Solana scams. McDonald's account was promoting Solana based memecoin called Grimace.
I do not want to see anyone gets scammed from this good project. https://www.theblock.co/post/312444/mcdonalds-instagram-account-seemingly-hacked-to-promote-solana-token-grimace
I do not want to see anyone gets scammed from this good project. https://www.theblock.co/post/312444/mcdonalds-instagram-account-seemingly-hacked-to-promote-solana-token-grimace
Yeah, and then they changed the bio to having rugged 700k in Solana
That's insane.
Well now hackers are hacking the social media accounts to promote Solana scams. McDonald's account was promoting Solana based memecoin called Grimace.
I do not want to see anyone gets scammed from this good project. https://www.theblock.co/post/312444/mcdonalds-instagram-account-seemingly-hacked-to-promote-solana-token-grimace
I do not want to see anyone gets scammed from this good project. https://www.theblock.co/post/312444/mcdonalds-instagram-account-seemingly-hacked-to-promote-solana-token-grimace
Well now Canadian investment firm called 3iQ Corp has filed documents for the first Solana ETF listed in North America. 3iQ Corp does already have Bitcoin and Ethererum ETFs and this will be big exposure for Solana.
https://coingape.com/canada-may-see-first-solana-etf-as-3iq-submits-etp-filing/
https://coingape.com/canada-may-see-first-solana-etf-as-3iq-submits-etp-filing/
https://www.theblock.co/post/311937/sec-talks-etf-issuers-concerns-solana-security-source
SEC talks with ETF issuers over concerns of Solana being a security preceded Cboe removing 19b-4s: Sources
"The SEC expressed concerns over Solana’s status as a security in talks with prospective ETF issuers ahead of the Cboe removing the related 19b-4 forms from its website.
The 19b-4 forms have not been filed to the Federal Register."
Well now Canadian investment firm called 3iQ Corp has filed documents for the first Solana ETF listed in North America. 3iQ Corp does already have Bitcoin and Ethererum ETFs and this will be big exposure for Solana.
https://coingape.com/canada-may-see-first-solana-etf-as-3iq-submits-etp-filing/
https://coingape.com/canada-may-see-first-solana-etf-as-3iq-submits-etp-filing/
Currently Solana is one of the altcoins that has had very drastic changes, where currently Solana has experienced an increase little by little, I suggest for those of you who don't yet hold Solana to be ready to buy and invest it because I am very optimistic that in the near future Solana will increase higher than before, because over time Solana's popularity is getting higher.
Indeed from the current time,Solana has one of the largest decentralized financial ecosystems in the crypto industry and will again show an increase in 2024 and Solana will show with many projects because of its stability and this shows that it really influences growth for now and is a good coin to invest in for the future.
Currently Solana is one of the altcoins that has had very drastic changes, where currently Solana has experienced an increase little by little, I suggest for those of you who don't yet hold Solana to be ready to buy and invest it because I am very optimistic that in the near future Solana will increase higher than before, because over time Solana's popularity is getting higher.
I think Solana is one of the altcoins that can be used as a long or short term investment option, because Solana has very high potential, especially now that Solana is in a period of development in a more positive direction, so this will really influence growth solana in the future which will come,
what can we expect some people consider ETF to be the more legitimate and safer way to invest to crypto of course these big institutional investment companies will take the chance to profit off that.
regarding solana ETF it definitely has big chance of some company filling up ETF proposal rumour says VanEck already on its way to do this, but we're not sure until they make announcement but this current ETF approval of ETH does indeed opens a way for other altcoin for their long awaited ETF as if its another milestone, back then the milestone was getting listed in various exchange now its ETF, the obviously normal change of narratives.
in regard of the network outage I heard there been commit to the testnet of solana but i don't know whether that could solve the problem, i might be mistaken though but the Co founder already said they have the solution to it already on the work https://decrypt.co/111486/solana-co-founder-long-term-fix-network-outages it was in 2022, 2 years after, still the same outage.
regarding solana ETF it definitely has big chance of some company filling up ETF proposal rumour says VanEck already on its way to do this, but we're not sure until they make announcement but this current ETF approval of ETH does indeed opens a way for other altcoin for their long awaited ETF as if its another milestone, back then the milestone was getting listed in various exchange now its ETF, the obviously normal change of narratives.
in regard of the network outage I heard there been commit to the testnet of solana but i don't know whether that could solve the problem, i might be mistaken though but the Co founder already said they have the solution to it already on the work https://decrypt.co/111486/solana-co-founder-long-term-fix-network-outages it was in 2022, 2 years after, still the same outage.
That "long-term" fix to the network outages is the release of a third-party node software named "Firedancer". It was supposed to be released this summer. If successfully implemented, it could make Solana a reliable alternative to existing smart contract platforms (mainly Ethereum).
And yes, people are always "following the money". Now that ETH spot ETFs are approved, it's likely Solana spot ETFs will come into fruition. Long-term speaking, this should mean higher prices for SOL if approved. It's "Wall Street's game" now. As long as there's money being poured into Solana, don't expect it to go anywhere soon.
Well I do think Solana is still a good coin to hodl. And now it is price of $160 it is a good time to invest in it before it goes back to $200.
This is a ‘bullish’ article for the token for why SOL is a good investment for the future. https://www.cointribune.com/en/solana-in-a-good-momentum-the-crypto-could-soon-explode/
This is a ‘bullish’ article for the token for why SOL is a good investment for the future. https://www.cointribune.com/en/solana-in-a-good-momentum-the-crypto-could-soon-explode/
Found this topic as interesting. As i can see Op asked about sol around 4 years ago. And finally we can see that solana have kept its promise. Years ago, it was facung some issues and that's why it dumped a lot and many were assumed it dead but i like the way as sol come back and hit century by its price. Solana now become improving themselves in scalability, problem solving, their functionality also increasing with days. It hard to guess but many already added sol as their most trusted altcoins list what would be worth in future
Well now PayPal’s stablecoin called PYUSD will launch on Solana blockchain. And if you are a investor that is hodling these tokens it can be 'bullish' news.
https://www.ccn.com/news/crypto/paypal-pyusd-expands-solana-stablecoin-bull-run-making/
https://www.ccn.com/news/crypto/paypal-pyusd-expands-solana-stablecoin-bull-run-making/
Money, money, money. That's what it's all about. We all want ETFs without considering the long-term implications of their approval. Institutional investment companies will own all of the coins, effectively centralizing the Solana blockchain. Especially when it's a PoS coin. Same can be said about ETH.
With constant network outages, I wonder how successful a Solana ETF will be (if approved)? Unless developers do something about the outages, don't expect Solana to go anywhere soon. At least, it's a "free market". Investors will ultimately choose which coins stay afloat and which ones go all the way down the drain in an instant. Just diversify your investment, and there should be nothing to worry about.
regarding solana ETF it definitely has big chance of some company filling up ETF proposal rumour says VanEck already on its way to do this, but we're not sure until they make announcement but this current ETF approval of ETH does indeed opens a way for other altcoin for their long awaited ETF as if its another milestone, back then the milestone was getting listed in various exchange now its ETF, the obviously normal change of narratives.
in regard of the network outage I heard there been commit to the testnet of solana but i don't know whether that could solve the problem, i might be mistaken though but the Co founder already said they have the solution to it already on the work https://decrypt.co/111486/solana-co-founder-long-term-fix-network-outages it was in 2022, 2 years after, still the same outage.
Well now there is a new vote for the Solana community. It has voted to give the validators all priority fees.
This did end a previous split of 50 percent for each. This poropasl called SIMD-0096 did pass with a 77 % vote to pass it.
https://cryptoslate.com/solana-validators-approve-100-allocation-of-priority-fees-ending-50-50-burn-split/
This did end a previous split of 50 percent for each. This poropasl called SIMD-0096 did pass with a 77 % vote to pass it.
https://cryptoslate.com/solana-validators-approve-100-allocation-of-priority-fees-ending-50-50-burn-split/
Well now that there is the approvals for the Ethereum ETF it might be the Solana ETF that is next one. The recent approval might lead to Solana for being classified as a commodity not a security.
https://cryptoslate.com/ethereum-etf-approval-will-set-stage-for-solana-etf-commodity-classification/
https://cryptoslate.com/ethereum-etf-approval-will-set-stage-for-solana-etf-commodity-classification/
Money, money, money. That's what it's all about. We all want ETFs without considering the long-term implications of their approval. Institutional investment companies will own all of the coins, effectively centralizing the Solana blockchain. Especially when it's a PoS coin. Same can be said about ETH.
With constant network outages, I wonder how successful a Solana ETF will be (if approved)? Unless developers do something about the outages, don't expect Solana to go anywhere soon. At least, it's a "free market". Investors will ultimately choose which coins stay afloat and which ones go all the way down the drain in an instant. Just diversify your investment, and there should be nothing to worry about.
Hello guys
Is this really a good project to invest in Solana?Any price prediction in future?
Mainnet is coming in Q3.
Please suggest me...
Mainnet? Which Mainnet againIs this really a good project to invest in Solana?Any price prediction in future?
Mainnet is coming in Q3.
Please suggest me...
Regardless, Solana is a very good coin but it could be disastrous if we are too trusting of any coins, anything can happen in the crypto market which could be adverse irrespective of how good the project is. This is why whenever you buy a coin, you should know you are taking a risk and the risk becomes higher when you do not strike it when it is still very low. Solana is high in price now and it is more than half of its ATH already, and you can't compare yourself buying it now($170) with someone who had struck it when it was still at about $15. The difference is clear and so is the risk.
Still, this will still not stop the coin from appreciating more, but note that you are risking more in case it slips to the bearish trend earlier than expected and you can't earn so much from it anymore in this bullish season. I am one of the few people who believe that Solala could still hit $1,000 this bullish season, if this happens, that's your luck.
Nevertheless, this is merely a wish and an instinct, it is never truly professionally speculated since the asset has never reached that level before.
Well now that there is the approvals for the Ethereum ETF it might be the Solana ETF that is next one. The recent approval might lead to Solana for being classified as a commodity not a security.
https://cryptoslate.com/ethereum-etf-approval-will-set-stage-for-solana-etf-commodity-classification/
https://cryptoslate.com/ethereum-etf-approval-will-set-stage-for-solana-etf-commodity-classification/
Well Coingecko has now said some good news for hodlers of this token. Solana blockchain has shown to be the fastest among large blockchains.
They found the SOL blockchain to be 46 times faster then the Ethereum blockchain. And more then 5 times faster then Polygonm blockchain.
https://www.tradingview.com/news/newsbtc:7bbd212e6094b:0-solana-takes-the-crown-coingecko-ranks-it-the-best-leaving-ethereum-behind-in-key-metric/
They found the SOL blockchain to be 46 times faster then the Ethereum blockchain. And more then 5 times faster then Polygonm blockchain.
https://www.tradingview.com/news/newsbtc:7bbd212e6094b:0-solana-takes-the-crown-coingecko-ranks-it-the-best-leaving-ethereum-behind-in-key-metric/
Solana just had a rally and is at a high point for the last 30 days. Currently trading over $168, It could still be a good investment as it's posing to be a serious alternative in L1 ecosystem. Currently it's leading every of L1 and L2 ecosystem by a big margin on daily transactions. It also has an ever increasing number of dapps and volume of tokens frozen in its network. Ethereum is currently trading at over $3000, Solana can still have a x10 if it kept getting popular.
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