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Topic: Solana blockchain - page 3. (Read 3881 times)

donator
Activity: 4704
Merit: 4186
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January 30, 2024, 04:08:06 PM
I like a lot of things about Solana, but definitely not it's reliability.  That being said, I could see it being very useful for metaverse and NFT projects if Ethereum gets too expensive to use and people want a different tech.  The only thing that really puts me off to Solana (centralization and reliability aside) is that the price has gone up so much.  You have to wonder how much upside there is remaining.  With a valuation in the tens of billions, expectations are already pretty high.  Had I bought in before the recent run from $15-$100 I would be feeling good holding, but it's worrisome to buy after such a large run.
member
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January 30, 2024, 07:48:07 AM
Talking about the Solana blockchain, currently there are 2 projects that are being hype, namely WEN and JUPITER. especially JUPITER because this project has received quite large funding and will soon be listed. SOLANA is a potential altcoin and worth investing in.
full member
Activity: 322
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Eloncoin.org - Mars, here we come!
January 30, 2024, 07:18:19 AM
well, if you bought Solana at that time, imagine how many times you would have made a profit, but let that pass, now you can take a chance on the new project that will be released, you can buy it early, please do your own research.

hmm, Dear which project are you talking about? Is there any project going to launch on the Solana network? Or you are just suggesting randomly because suggesting any random token is not good. Investing in altcoin is a picky thing because many of the projects in altcoin are shits or scams. Shit because they perform well only for the short time frame and when the trend of going up ends these coins starts to play shits.

Solana is a good project but nobody knows any coming project like this that can return a big profit to investors so accurately. The best thing is to always invest in altcoins at your own risk and best to invest only the amount you can bear in the form of loss which means investing a small amount in altcoins is the best decision. Other than that you can do whatever you want. DYOR
legendary
Activity: 3108
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January 30, 2024, 06:40:39 AM
Yes I agree with you on that Solana tokens will be worth alot more then it is now. It is a project with a real use case and main competition to the Ethereum blockchain.
We must remember Solana is up almost 2,700% in the last 3 years. And 67% below its all time high so there is lots of opportunites to make some big gains just waiting for the next 'bull run'.
https://finance.yahoo.com/news/solana-almost-2-700-past-113000123.html

Solana is the VCs' coin. It will "pump" massively after the next bull market run. If the project is able to provide real use cases to the world (instead of being solely driven by hype), it could cross its ATH and maintain high prices for a long time. And lets not forget the potential approval of a Solana spot ETF by the SEC. That could drive prices even higher. Probably all the way to "Mars".

Perhaps SOL will go as far as becoming the third-largest cryptocurrency by market cap? Only time will tell. Just keep buying, and holding, and forget about the rest. Wink
legendary
Activity: 3108
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January 30, 2024, 02:29:43 AM
The decentralized exchange aggregator called Jupiter reached all time high in trades last week. This was got 578,000 total trades.

It was the biggest trading platform for 24 hours. https://unchainedcrypto.com/solana-based-dex-aggregator-jupiter-hits-all-time-high-in-weekly-traders/
sr. member
Activity: 1189
Merit: 251
January 29, 2024, 09:09:32 AM
well, if you bought Solana at that time, imagine how many times you would have made a profit, but let that pass, now you can take a chance on the new project that will be released, you can buy it early, please do your own research.
sr. member
Activity: 1204
Merit: 253
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January 29, 2024, 08:42:32 AM
If I talk about Solana blockchain, Solana is a very strong and very big project and it has exceeded expectations and its present price is also around $100. And it's a great project and I expect it to go even higher in the future, and there are a lot of projects going on in the Solana blockchain right now, and a lot of projects are successful. It is a very big and strong project, if anyone invests in it, he will surely benefit.

I wonder whether Solana will be able to reach its ath again, namely at 258$, or will it only stay in the 100$ range.
But considering the project that is being fomo recently on the Solana network, namely Jupiter, which will be released on January 31, do you think it will have an impact on the price of Solana?
legendary
Activity: 3108
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January 29, 2024, 04:40:14 AM
In just January the Solana stabelcoin volume reached a new record of $300 Billion. That is the largest transfer volume in a single month for it. And the first time it passed Tron.

And now there is rumors that there is going to be a Solana ETF. Asset management company Franklin Templeton does think it will happen.

https://ambcrypto.com/solana-stablecoin-volumes-rise-but-is-sol-losing-2023-gains/

Looking at the price right now, I wish I went in when I thought it was “a bit high”, and actually held my coins till now. But no regrets because it’ll happen to me someother way. I still believe it could be worth a lot more and it’s one of the coins that I respect, looking at its blockchain and what use case it’s supplying to many other projects, it’s definitely worth it all. To those who have held it from the early stages, kudos.


Yes I agree with you on that Solana tokens will be worth alot more then it is now. It is a project with a real use case and main competition to the Ethereum blockchain.
We must remember Solana is up almost 2,700% in the last 3 years. And 67% below its all time high so there is lots of opportunites to make some big gains just waiting for the next 'bull run'.
https://finance.yahoo.com/news/solana-almost-2-700-past-113000123.html
sr. member
Activity: 1568
Merit: 280
Eloncoin.org - Mars, here we come!
January 28, 2024, 07:29:38 AM
In just January the Solana stabelcoin volume reached a new record of $300 Billion. That is the largest transfer volume in a single month for it. And the first time it passed Tron.

And now there is rumors that there is going to be a Solana ETF. Asset management company Franklin Templeton does think it will happen.

https://ambcrypto.com/solana-stablecoin-volumes-rise-but-is-sol-losing-2023-gains/

Looking at the price right now, I wish I went in when I thought it was “a bit high”, and actually held my coins till now. But no regrets because it’ll happen to me someother way. I still believe it could be worth a lot more and it’s one of the coins that I respect, looking at its blockchain and what use case it’s supplying to many other projects, it’s definitely worth it all. To those who have held it from the early stages, kudos.
hero member
Activity: 1190
Merit: 516
Eloncoin.org - Mars, here we come!
January 28, 2024, 05:38:05 AM
I think this is because the fomo of the Solana project is quite high, so people want to buy it.
but currently one of the largest Solana dex exchanges is at its highest fomo, and will list later this month.

Where is this fomo coming from? What do you think? Its not only about solana but also about other crypto layer 1 ecosystems whose various protocols don't have their own and have a chance to airdrop on their users. Airdrop farmers are speculating about a potential airdrop from those projects and interacting with those dapps to generate high volumes to get the highest possible airdrop. Some of them already got big rewards, which motivated other users to do the same.
full member
Activity: 1554
Merit: 101
January 28, 2024, 03:10:02 AM
I think this is because the fomo of the Solana project is quite high, so people want to buy it.
but currently one of the largest Solana dex exchanges is at its highest fomo, and will list later this month.
legendary
Activity: 3108
Merit: 1032
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January 28, 2024, 02:24:55 AM
Well if you are wanting to invest in Solana then this is a good time. It is down 68% from its all time high and is still a project that I think has a big chance to earn big gains.

I like its technology cause it is like Ethereum and Cardano with the smart contracts. And a $41 Billion marketcap I think makes it still a good hodl for the portfolio.

https://www.fool.com/investing/2024/01/27/solana-down-68-from-all-time-high-time-to-buy/
member
Activity: 265
Merit: 34
Tontogether | Save Smart & Win Big
January 27, 2024, 12:40:13 AM
If I talk about Solana blockchain, Solana is a very strong and very big project and it has exceeded expectations and its present price is also around $100. And it's a great project and I expect it to go even higher in the future, and there are a lot of projects going on in the Solana blockchain right now, and a lot of projects are successful. It is a very big and strong project, if anyone invests in it, he will surely benefit.

I like SOL and it is very tough and has the fastest rebound and even if there is a downturn it will recover very quickly because the demand is high. For others, there are also those in the Sol class such as AAVE and price today $91,91, but many focus on Sol only because of the post-decline action if a correction occurs at any time.
sr. member
Activity: 1358
Merit: 326
Eloncoin.org - Mars, here we come!
January 26, 2024, 02:07:42 PM
From the heights that solana has already reached, it is unlikely to go away in the near future, development is rapidly moving it upward. The project is definitely worth taking into account and studying for further investment. Solana, like any other cryptocurrency, has strong volatility, its price can change quickly, both for the better and for the worse.

Yes there is a greater volatility in solana because it once reached to 126$ after which continues dump the price of solana to 86$ and now again the price is up and the value is 91$. This volatility is beneficial for both buyer and seller so we have to take it in positive sense because there are lots of people who sell their coins when market goes dump because of fear which means that they dive into investment without knowledge.

Solana is a good option and there is no doubt about its success but as the market is little bit down so Solana will also face the same down movement. Everyone has his own choice but I think that people should add some Solana in their portfolio and hold until it gives you profit because very soon it will hit the previous target and will go ahead it.
newbie
Activity: 2
Merit: 0
January 26, 2024, 01:36:24 PM
Personally solana is one of favorite altcoin after ether and gald to see someone earlier was talking about solana. Solana probably crossed around $262 something during last bull run so investor gained massive profit from it. Although it dumped hardly from that position to $20 only. And whom who haven knowledge About potential altcoin, bought solana from that position and currently it is around $90 something and hope it'll break its previous ath again once new bull run started
Yes, you are right, because during the last bull run, Solana did very well and make more millionaires, I think Solana will do the same this year and get to it's all time high precisely.
copper member
Activity: 1260
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Eloncoin.org - Mars, here we come!
January 26, 2024, 05:58:03 AM
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...
Thanks


Certainly Solana has proved to be worthwhile project, widely recognized and demonstrated impressive growth since it was launched in 2020. It is an independent block chain with highest speed of transactions. However, it is important to note that its performance had been lackluster during the bearish market phase from 2021 to mid of 2023, resulting in drop in its price to less than $10.  Remarkably, it staged an impressive come back surging to $120. Solana can potentially make further gains, specially in anticipated bull cycle likely to occur in mid 2024 following the Bitcoin halving event.
full member
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Chainjoes.com
January 26, 2024, 05:35:56 AM
Personally solana is one of favorite altcoin after ether and gald to see someone earlier was talking about solana. Solana probably crossed around $262 something during last bull run so investor gained massive profit from it. Although it dumped hardly from that position to $20 only. And whom who haven knowledge About potential altcoin, bought solana from that position and currently it is around $90 something and hope it'll break its previous ath again once new bull run started
full member
Activity: 322
Merit: 178
Eloncoin.org - Mars, here we come!
January 25, 2024, 02:52:54 PM
Solana is one of the coins on my portfolio list, and the decision to keep Solana was the right decision, because Solana's growth from the past until now has been very satisfying, right? Even though currently the price of Solana has experienced a slight decline, I will continue to hold it.  and will sell Solana in the future, because I am very sure that Solana will experience a significant increase in the future.

Do not worry about the decline we know that it will surely go up after some time but what was your motive behind investing in Solana just to increase of its price? If you just invested in at looking the price and did not do any kind of research it is the wrong method Dear indeed solana is a very good project with a strong ecosystem and there were alot of airdrops distributed on the Solana network. So my message for you is that, always do some research before investing if you want maximum profit from your investment.
legendary
Activity: 2912
Merit: 1069
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January 25, 2024, 02:29:52 PM
Solana is said to have one of the largest transaction per second (TPS) among the available L1 and L2 network. That makes it fast which enables quick execution in dapps.
That's why it has an increasing number of dapps on the ecosystem. I just at the moment deposited some SOL on my Solflare wallet to try some dapps. The fees are not low according to the current standard but are still around 1 cents. I'm actually attracted by the offers currently available on new dapps in the ecosystem. How long will the hype remain is just guesses. Solana would be a coin I'll be invested on but it still won't be on my high priority.
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January 25, 2024, 01:20:37 PM
Solana is one of the coins on my portfolio list, and the decision to keep Solana was the right decision, because Solana's growth from the past until now has been very satisfying, right? Even though currently the price of Solana has experienced a slight decline, I will continue to hold it.  and will sell Solana in the future, because I am very sure that Solana will experience a significant increase in the future.
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