Solana blockchain - page 6. | Bitcointalksearch.org

Abiky

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Quote from: naikturun on May 04, 2023, 07:35:37 AM

In terms of price predictions, it is difficult to predict the future performance of any cryptocurrency with certainty. The price of Solana and other cryptocurrencies is influenced by various factors such as market sentiment, adoption, and competition. Some analysts and experts believe that Solana has potential for growth and may see significant price increases in the future, while others remain more cautious.

There's a new Blockchain called "Sui" that's getting all of the attention of mainstream investors and "airdrop hunters". I hardly doubt Solana will be able to get "back on its feet" if it doesn't come up with something that blows everyone's minds. The development team needs to solve the network outages first, before talking about a new "Solana-powered" phone. The project has been nothing but hype, without providing any concrete results that would surprise serious investors in the industry.

I'd move my money elsewhere until Solana developers decide to fix the inherent issues of its Blockchain network. With better options that are decentralized and reliable, why would I consider adding SOL to my portfolio in the first place? Just my thoughts Grin

naikturun

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In terms of price predictions, it is difficult to predict the future performance of any cryptocurrency with certainty. The price of Solana and other cryptocurrencies is influenced by various factors such as market sentiment, adoption, and competition. Some analysts and experts believe that Solana has potential for growth and may see significant price increases in the future, while others remain more cautious.

monedauno

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A:

Well in the last few days there's been a lot of talk about how blockchain is really becoming very popular lately, which I believe is related to Solana, that's the technology behind many of the projects to be built around crypto.
In the last two months things have shifted a bit since blockchain, and a lot of new projects are announced with the introduction of decentralized blockchains.
In the last few weeks, several projects from the blockchain community are announced, such as the Ethereum Blockstream, Bitfinex and Bittrex.
That's because many people are interested in creating decentralised blockchains with many and/or different blockchains, but also want to build blockchains that could be decentralized.
Also that's just an idea as the blockchain is decentralised and you can get many of the projects working on it in a few weeks.
I hope that this is useful for you.
Best regards

Bolivar_Tony

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Solana!!! the only problem I have with solana is that when the coin wants to pump, it goes up very fast and when it wants to goes down, it goes down with the momentum, my advice is that you should invest in solana when the market is on the upward trend and exist when it start going downtrend, I have made few bucks using this strategy

Andrija Branislav

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Quote from: NicNacCoin on April 15, 2023, 03:24:18 PM

Quote from: Bitcoin_people on April 15, 2023, 04:55:53 AM

Solana Blockchain is definitely considered a good project as we saw its market peak in 2021. But last few days I saw in a news that they have launched a Saga smartphone from Solana platform. And this smartphone is very secure and powerful and it uses the facility of hardware wallet. I think this coin will be in a good position in the future and as the market is currently slightly higher, it should be held for the future. Holding Solana Coin for a long period of time will definitely yield good profits in the future. And this Solana platform has already gained huge popularity and is a very powerful blockchain.

In 2021, if in a very good position, but now the price has come down a lot. When the price of Bitcoin goes up, the price of Solana Coin goes up a lot. However, the Saga smartphone will be released to the public by Solana Labs on May 8. The mobile is fully cryptocurrency friendly. The mobile also has special features and is built with hardware wallet. The market price of the phone is $1000. But this good news may not increase the price of Solana Coin much. If the price had increased then the price would have gone up as soon as the news was released. However those Solana holders can wait.

Yes, there are always updates. The release of the Saga smartphone by Solana Labs is a major development that has the potential to significantly increase the adoption of the Solana ecosystem. This smartphone is built with a hardware wallet, making it an easy and secure way for people to store and use cryptocurrency. While it may not directly cause a jump in the price of Solana Coin I do think it benefits from the long term growth of the Solana ecosystem. The Saga smartphone is just one step in Solana's journey towards mainstream adoption.

mich

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The credit card company Mastercard has now partnered with some blockchain developers. And Solana foundation is one of them.
It is called the Mastercard Crypto Credential. It wants to gain trust from its users with a new cross-border transfers. https://www.coindesk.com/business/2023/04/28/mastercard-launches-crypto-credential-service-for-cross-border-transfers/

Abiky

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Quote from: Emitdama on April 19, 2023, 07:48:10 AM

Solana started weak but it peak later on and then disappeared after the bad news about them. Up until now, many people are distancing themselves for a while in Solana. Maybe this lead for the team to produce this new Solana powered smartphone but I am not surprised with it because there are not the first to implement this.

Before there are Samsung, Xiaomi and other brands who also featured a crypto smartphone. Their main feature might be is they already have a crypto wallet installed but we can also install a crypto wallet on a regular smartphone. If it works like a hardware wallet, people will be encouraged to store their cryptos there and carry it around which was risky.

There are rumors FTX will make a comeback before the end of the year. If that happens, SOL's market price will "pump" big time. That's because the now-defunct exchange had big investments in the Solana project itself. But if FTX stays dead, I doubt Solana will survive unless developers start caring about the security/reliability of its own Blockchain network.

There have been too many outages in the past, telling us that Solana is still in "experimental phase". Whales are keeping the coin afloat, but that may not last for long if NFT and dApp projects continue to leave the platform for other competing chains. The team is now hyping the Solana smartphone, instead of putting their efforts on what matters most. Ultimately, the market will decide the fate of SOL. As long as you don't invest more than what you can't afford to lose, there should be nothing to worry about. Just my thoughts Grin

Emitdama

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Quote from: Bitcoin_people on April 15, 2023, 04:55:53 AM

Solana Blockchain is definitely considered a good project as we saw its market peak in 2021. But last few days I saw in a news that they have launched a Saga smartphone from Solana platform. And this smartphone is very secure and powerful and it uses the facility of hardware wallet. I think this coin will be in a good position in the future and as the market is currently slightly higher, it should be held for the future. Holding Solana Coin for a long period of time will definitely yield good profits in the future. And this Solana platform has already gained huge popularity and is a very powerful blockchain.

Solana started weak but it peak later on and then disappeared after the bad news about them. Up until now, many people are distancing themselves for a while in Solana. Maybe this lead for the team to produce this new Solana powered smartphone but I am not surprised with it because there are not the first to implement this.

Before there are Samsung, Xiaomi and other brands who also featured a crypto smartphone. Their main feature might be is they already have a crypto wallet installed but we can also install a crypto wallet on a regular smartphone. If it works like a hardware wallet, people will be encouraged to store their cryptos there and carry it around which was risky.

Abiky

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Quote from: NicNacCoin on April 15, 2023, 03:24:18 PM

In 2021, if in a very good position, but now the price has come down a lot. When the price of Bitcoin goes up, the price of Solana Coin goes up a lot. However, the Saga smartphone will be released to the public by Solana Labs on May 8. The mobile is fully cryptocurrency friendly. The mobile also has special features and is built with hardware wallet. The market price of the phone is $1000. But this good news may not increase the price of Solana Coin much. If the price had increased then the price would have gone up as soon as the news was released. However those Solana holders can wait.

Solana lost a lot of value, ever since the Blockchain network experienced a series of outages without any fix by the developers. Add to that the FTX collapse, and you'll see why SOL market prices have been stagnant these days. I can't tell whenever Solana will "pump" in the future or not, especially when the crypto market is highly-unpredictable. But I can tell you that utility matters above all else. So far, the Solana project has been nothing but hype with its blazing-fast speeds and ultra-low fees. The launch of a new phone, adds more "fuel to the fire". Some NFT projects and dApps have migrated from Solana to other blockchain networks because of the outages. If this keeps up, adoption for SOL will decrease until it becomes a worthless "shitcoin".

But who knows? Maybe Solana will "resurrect" from the dead, surpassing its ATH of over $200 per coin. That would be a huge gain for investors who bought SOL at current market prices. Considering that there's the risk of volatility, I'd suggest you diversify your investment to minimize risks of loss as much as possible. Just my opinion

NicNacCoin

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Quote from: Bitcoin_people on April 15, 2023, 04:55:53 AM

Solana Blockchain is definitely considered a good project as we saw its market peak in 2021. But last few days I saw in a news that they have launched a Saga smartphone from Solana platform. And this smartphone is very secure and powerful and it uses the facility of hardware wallet. I think this coin will be in a good position in the future and as the market is currently slightly higher, it should be held for the future. Holding Solana Coin for a long period of time will definitely yield good profits in the future. And this Solana platform has already gained huge popularity and is a very powerful blockchain.

In 2021, if in a very good position, but now the price has come down a lot. When the price of Bitcoin goes up, the price of Solana Coin goes up a lot. However, the Saga smartphone will be released to the public by Solana Labs on May 8. The mobile is fully cryptocurrency friendly. The mobile also has special features and is built with hardware wallet. The market price of the phone is $1000. But this good news may not increase the price of Solana Coin much. If the price had increased then the price would have gone up as soon as the news was released. However those Solana holders can wait.

Bitcoin_people

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Solana Blockchain is definitely considered a good project as we saw its market peak in 2021. But last few days I saw in a news that they have launched a Saga smartphone from Solana platform. And this smartphone is very secure and powerful and it uses the facility of hardware wallet. I think this coin will be in a good position in the future and as the market is currently slightly higher, it should be held for the future. Holding Solana Coin for a long period of time will definitely yield good profits in the future. And this Solana platform has already gained huge popularity and is a very powerful blockchain.

mich

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The new SOL smart phone is going on sale on May8. The new phone called 'Saga' is a crypto ready smart phone and will cost $1,000.
I think that we can look towards some gains with this 'bullish' news. I think people will want to own it.
https://finance.yahoo.com/news/solana-crypto-ready-saga-smartphone-170000392.html

beerlover

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Quote from: Daltonik on January 22, 2023, 04:52:36 AM

Of course, there are many factors that negatively affected Solana, including the actions of SBF, which actively acted on pumping and dumping some tokens, including Solana, which Alameda used as collateral for loans, such even began to be called "Samcoins". But be that as it may, Solana continues its development as a blockchain and, for example, fulfills its promise to release a Saga smartphone for which it has officially opened a pre-order in 33 countries.

Archive of an article in the New York Times about how SBF used FTX to pump some tokens: https://archive.is/T3XkX

I don't think Solana is that centralized to be pumped and dumped easily. SBF is only one of it's supporters but we should also consider the thousands of people who invest in the same project. However the collapse of FTX have affected the entire crypto market and not just Solana. After it I think Solana also faced some problems which worsen their price evenly.

Alameda have the rights to use Solana as their collateral whenever they take a loan because it was their own possession. They pay for the coin to be able to acquire it. It's nice to know that despite of the hardships Solana is facing now, they still have the passion to pursue their project.

Daltonik

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Quote from: safar1980 on January 13, 2023, 11:42:40 AM

Justice Department Probing Saber Labs Founders Over Solana-Based Projects: Sources
The investigation follows a CoinDesk exposé that showed Ian and Dylan Macalinao used a web of 11 pseudonymous identities to build an ecosystem of interlocking financial products around Saber. The U.S. Department of Justice is investigating the two brothers behind Solana stablecoin exchange Saber Labs, Ian and Dylan Macalinao, according to two people familiar with the matter.

Of course, there are many factors that negatively affected Solana, including the actions of SBF, which actively acted on pumping and dumping some tokens, including Solana, which Alameda used as collateral for loans, such even began to be called "Samcoins". But be that as it may, Solana continues its development as a blockchain and, for example, fulfills its promise to release a Saga smartphone for which it has officially opened a pre-order in 33 countries.

Archive of an article in the New York Times about how SBF used FTX to pump some tokens: https://archive.is/T3XkX

safar1980

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Justice Department Probing Saber Labs Founders Over Solana-Based Projects: Sources
The investigation follows a CoinDesk exposé that showed Ian and Dylan Macalinao used a web of 11 pseudonymous identities to build an ecosystem of interlocking financial products around Saber. The U.S. Department of Justice is investigating the two brothers behind Solana stablecoin exchange Saber Labs, Ian and Dylan Macalinao, according to two people familiar with the matter.

Daltonik

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Let's hope that the developers of Solana have finally managed to fix the error that has already led to the shutdown of the blockchain several times, which occurred once again on June 5. As the developers found out, the bug consisted in the function of permanent one-time transactions.

https://solana.com/news/06-01-22-solana-mainnet-beta-outage-report-2

omone1

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Solana is a layer1 protocol which has about 60,000 tps. It attempted to do 400k tps, the chain crashed which led to a temporary pause. The many tokens I bought under solana ecosystem are currently under the dust waiting for redemption.

Benefactor

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I think Solana Coin is really great for venture particularly since Solana has been recorded on different trades including binance. Concerning esteem relies upon your own and future expectations are attached to how much interest and how much stock of these coins and the great administration of Solona Coin itself.

Daltonik

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The Solana community also did not stay away from the terrible events that are currently taking place in Ukraine and collected $1 million in donations to its official Solana wallet of the Aid for Ukraine initiative https://solanabeach.io/address/66pJhhESDjdeBBDdkKmxYYd7q6GUggYPWjxpMKNX39KV/transactions the FTX exchange provides the conversion of funds to fiat, fundraising continues in both SOL and USDC and NFT.

Quote from: https://twitter.com/everstake_pool/status/1501563596115001345

sana54210

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Quote from: Daltonik on March 07, 2022, 06:50:58 AM

It is reported about scammers targeting the assets of users of the Solana network, they use phishing attacks by creating websites with airdrop NFT and also create various contests and as soon as users interested in such content visit a similar site and sign a transaction, all SOL is debited from the wallet and gets to the address of the scammers.

https://twitter.com/WuBlockchain/status/1500066606948708353

This is not just based on SOLANA, but on other places as well. Of course solana is a bit more about NFT and others are different, like BSC has airdropped tokens. You can dust attack and you see some coins on your wallet and you want to cash that out, so you go to their website, and see how you can trade, click on it, transferred to pancakeswap or whatever looking phishing website, connect your wallet and suddenly all of your money will be gone. That is the bsc method, and mostly ETH method as well, ADA has other methods, Matic has NFT as well and so forth. Basically it is rarely ever the same method for everything, but the results are always the same, getting hacked via phishing.

Topic: Solana blockchain - page 6. (Read 3941 times)