Solana blockchain - page 5. | Bitcointalksearch.org

mich

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Quote from: tengui on January 30, 2024, 06:48:07 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.

Yes I am following this project called Jupiter. It just did a airdrop of $700 Million of the JUP tokens. https://cryptoslate.com/jupiter-airdrop-propels-solana-dexs-to-outpace-ethereum-in-daily-trading-activity/

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Quote from: tengui on January 30, 2024, 06:48:07 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.

It's always about the hype. That's what moves Solana all the way to the moon. Why do you think it rose to the triple digits lately? That's because the sale of the Saga phone and the BONk airdrop had a positive impact on SOL's market price. I can't imagine the Jupiter airdrop will "pump" Solana to new heights.

Ultimately, what matters is usability. Not the price. If Solana is able to provide real use cases to the world, then it will have a high chance of surviving for generations. Otherwise, not. I'm yet to see if it will be able to directly compete with ETH in the future. That's assuming the SOL blockchain doesn't experience another outage. Crypto land often behaves in many strange and bizarre ways, so we should expect the unexpected. Grin

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Quote from: cryptoknightt on January 29, 2024, 08:09:32 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.

Those who invested at the time when the price of Solana coin dropped have now reaped huge profits. But currently, many new projects are being released, if you invest here, it is possible to get a lot of profit, especially the projects of Solana Blockchain are becoming more successful. However, there are many projects that are likely to be scams, so it is better not to invest so quickly, but invest carefully and research. So it is always a good plan to apply the research of a successful person and take advice from him.

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Quote from: mich on January 29, 2024, 03:40:14 AM

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and main competition to the Ethereum blockchain.

I understand their battle in terms of Dapps, etc. But I don’t feel like Ethereum blockchain still has a say in the battle because Solana seems to offer a lot. I’m not saying it’s dead but Ethereum blockchain felt dead to me when the gas fee really went ridiculously high a couple of years back. I haven’t done a transaction in a long time but I feel like I’m done with Ethereum blockchain. Projects had to start creating their BSC variant back then since that was more prevalent at the time.

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Solana Coin is doing well already in the cryptocurrency market and is already listed in Binance exchange including in Binance future exchange platform where many people trade to make profits with price movement, and I strongly believe that next Bull Run market Solana Coin we skyrocket to the moon.

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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.

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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.

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Quote from: cryptoknightt on January 29, 2024, 08:09:32 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.

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

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Quote from: mich on January 29, 2024, 03:40:14 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

mich

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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/

cryptoknightt

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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.

huu78

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Quote from: ItsCrafty on January 21, 2024, 01:16:53 PM

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?

mich

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Quote from: oktana on January 28, 2024, 06:29:38 AM

Quote from: mich on January 23, 2024, 03:25:32 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

oktana

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Quote from: mich on January 23, 2024, 03:25:32 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.

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Quote from: slashz9 on January 28, 2024, 02:10:02 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.

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.

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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.

mich

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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/

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Quote from: ItsCrafty on January 21, 2024, 01:16:53 PM

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.

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Quote from: GlacierBIT on January 23, 2024, 04:20:00 AM

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.

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Quote from: Mehedi72 on January 26, 2024, 04:35:56 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

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.

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