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Topic: Solana breakout (Read 288 times)

full member
Activity: 924
Merit: 100
September 11, 2021, 01:13:16 AM
#38
Solana is a layer 1 project with a very high transaction speed. Due to the over expensive nature of ETH Network fee, people are running to Sol network for DEFi, thereby sparking a boom of the Sol price.
Had my first experience using crypto with eth when gas prices were high, transactions took so long.. and then i Started using Solana after and it's been so easy to learn new things for me at this point for me it may still be an investment but it's also a part of my routine now. Yeah Eth is the big AF in this space but Solana just made things easy, cheaper and faster for my simple mind.
sr. member
Activity: 1009
Merit: 328
September 10, 2021, 11:29:40 PM
#37
Many investors have amazed by the rapid rising of solana price this altcoin had overtaken Dogecoin to become the seventh largest crypto currency in market capitalization, some expert says that it is all because of the strong inflows of institutional investors. But I think not only big investors invest in Solan right now I am also holding few amounts of this coin for profit. So I believe that even small investors like me also invest this coin for good.
legendary
Activity: 3122
Merit: 1398
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September 10, 2021, 10:22:15 PM
#36

If ever a correction will happen, I doubt Solana will end up in the worst possible bottom.

The hype around the coin is generic meaning it has fundamentals and not just an ordinary coin that was driven by the hype.

It's really common that some people are still hesitant to make an entry because of the sudden price increase but it's more regrettable if you won't able to ride the wave. Think deeply and face the risks.
sr. member
Activity: 1372
Merit: 275
September 10, 2021, 04:36:04 AM
#35
If we look at Solana's journey in the crypto space so far, it is very appropriate that Solana is sought after by many institutions. The Solana coin's ability to process hundreds of thousands of transactions per second probably keeps Solana on the good charts in the market. I also think that the Solana coin deserves to be behind Binance coin.
In 2021, solana has grown quite rapidly as its price movement continues to increase, although in the last few weeks the price of bitcoin and also several other large altcoins has decreased, but this is different from solana which does not seem to be affected at all due to the decline in the price of bitcoin in the market and even solana was able to reach its highest price yesterday of $213.
I think with its ability to support more than 1,000 transactions per second, with an average fee of around $0.00025, surely Solana can be seen as one of the good and serious crypto projects in the competitive crypto market.


sr. member
Activity: 980
Merit: 255
HALA MADRID
September 10, 2021, 02:41:56 AM
#34
Solana is highly sought after by institutions due to its ability to process hundreds of thousands of transactions a second. The word on the street is that it may become the block chain for the stock market prices in the future. Massive massive interest I expect it to become the number three coin behind Bitcoin and ethereum and possibly number two if they do in fact become the blockchain of stocks in a couple years time. Solana is huge and there’s plenty more upside to go. Wait for a pull back because it’s overbought right now and then make sure u jump in.  NFA
Solana has been a doing very good these past weeks. If this is true, it could potentially be in par with Ethereum and probably you're right with number 3. I've been accumulating lately this last bear market and it really gives a lot of profit. I believe that SOL can go up to a 200$ within this month and could go up to 1000$ in the next years.
I think if we hit that number this bull run it would be crazy. In terms of what Solana SHOULD be I think in the 1k range is fair for now and the amount of money that’s going to come in to crypto next few months is going to be unfathomable.
Solana only got two years only and now pump from $1 become almost $200 and very fantastic growing price for solana coin, looking other coin take long time can break out to higher price and solana did it faster than other coin. Now waiting will solana coin keep stable on higher price? last day when bitcoin dump solana keep dump but very faster coin recovery from 150$ back to $200 and keep stable now although bitcoin still dump.
hero member
Activity: 2562
Merit: 586
September 09, 2021, 11:47:00 PM
#33
Solana is highly sought after by institutions due to its ability to process hundreds of thousands of transactions a second. The word on the street is that it may become the block chain for the stock market prices in the future. Massive massive interest I expect it to become the number three coin behind Bitcoin and ethereum and possibly number two if they do in fact become the blockchain of stocks in a couple years time. Solana is huge and there’s plenty more upside to go. Wait for a pull back because it’s overbought right now and then make sure u jump in.  NFA
I do not think that just because it can be fast and cheap doesn't mean that people would put this much emphasis on it. Look at Nano for example, as far as I know they are the fastest and cheapest ever existed, they can make a transaction pass under 1 second, and they are free, which should mean that if it was all about that then they would be super high.

Solana has a lot more stuff, they have validators, they have staking, they have power of governance, they basically offer so much more than just simply offering regular cheap transactions. If nothing else, look at tron, they even have ecosystem where projects could be done on their blockchain but it is not done like that because projects do not prefer to be on tron and if you make it on tron then you are going to flop for sure. So, there are more things about Solana that makes it more interesting.
full member
Activity: 924
Merit: 100
September 09, 2021, 11:35:52 PM
#32
Solana is highly sought after by institutions due to its ability to process hundreds of thousands of transactions a second. The word on the street is that it may become the block chain for the stock market prices in the future. Massive massive interest I expect it to become the number three coin behind Bitcoin and ethereum and possibly number two if they do in fact become the blockchain of stocks in a couple years time. Solana is huge and there’s plenty more upside to go. Wait for a pull back because it’s overbought right now and then make sure u jump in.  NFA
Solana has been a doing very good these past weeks. If this is true, it could potentially be in par with Ethereum and probably you're right with number 3. I've been accumulating lately this last bear market and it really gives a lot of profit. I believe that SOL can go up to a 200$ within this month and could go up to 1000$ in the next years.
I think if we hit that number this bull run it would be crazy. In terms of what Solana SHOULD be I think in the 1k range is fair for now and the amount of money that’s going to come in to crypto next few months is going to be unfathomable.
sr. member
Activity: 1526
Merit: 251
September 09, 2021, 09:34:00 PM
#31
maybe the correction will only happen for a moment and maybe it will go up to a new ATH again, some people may think so, I also think solana is overbuy when it reaches 100$ but my assumption is wrong and solana continues to rise, now the price is very high but not closing probability that solana will still move up.
hero member
Activity: 1008
Merit: 531
September 09, 2021, 06:08:42 PM
#30
Honestly I don't think that this is sustainable.

Solana has a great platform but at the end of the day what this is catalyzed by is really the NFT hype which will eventually die out.

I simply don't see how this sort of valuation is justified when everything is so primitive compared to the likes of ETH. I understand that transaction costs are a lot lower but that doesn't mean that it's more scalable per se than ETH.
legendary
Activity: 2268
Merit: 1655
To the Moon
September 09, 2021, 04:56:32 PM
#29
Best investment for long term if hold and choose solana coin, I don't know what amazing from this coin when bitcoin dump yesterday solana keep dump but faster take recovery and back almost $200 right now. Many solana coin network keep going up and very good if you have saving money buy and hold solana few years later will be the next BNB coin.

I think that it will not take several years for the price of SOL to reach the current level of BNB, but the price of BNB will also increase by that time. But at the moment, the SOL price has reached local resistance, and now it is impossible to say with certainty in which direction the price will move.
hero member
Activity: 3066
Merit: 629
Vave.com - Crypto Casino
September 09, 2021, 03:31:12 PM
#28
SOL is my favorite coin, very good performance, solid community, very fast development ahead. Making it break through the previous price, I remember the last time I saw the SOL price at the time of the $35 down, now it's $207 at the moment. I'm sure it will continue to rise.
It's $207 a while ago and then those sell orders were hit and now it's $185. That was a quick moment for Solana and I think this is now where it starts to correct some more.
But if not, then it's moving like bitcoin and there's got to be a recovery time for Sol with this quick correction that has happened to it. And we will see if it's going to be back to $200 or not anymore.
hero member
Activity: 2562
Merit: 577
September 09, 2021, 12:35:44 PM
#27
Solana will be a strong competitor for Bitcoin and etherum because of its strong market value and good ecosystem it will certainly be able to reach the top of the crypto market. all i can say is solana is insane, i can't imagine how this coin can survive even when the market is bad and the price keeps going up

A strong contender to Ethereum most especially,  if it has faster transaction, cheaper network fees and more project building on sol network plus nft, definitely a big contender to Ethereum, despite all this am still wondering what is the driving force of this coin, the way it pumps in price is scary but good to investors.
sr. member
Activity: 1190
Merit: 267
Undeads.com - P2E Runner Game
September 09, 2021, 12:21:30 PM
#26
I also agree, but seeing the condition of solana which continues to rise even though btc and other altcoins are down, must make some people confused because they are not sure whether solana will correct or will continue to rise again.
I myself have bought when the price of solana at 157 $.
I hope it will continue to rise until the end of the year.
sr. member
Activity: 980
Merit: 255
HALA MADRID
September 09, 2021, 11:36:41 AM
#25
Today have new coin solana IDO was success break out above 10x and most lucky any one have in waitlist member, I joined but not success in waitlist but I try to buy on market when first time listing that coin, maybe you entry too with cyclo coin have solana network and most profitable when solana launching their new coin network, maybe solana will be the next bsc or eth in the future.
legendary
Activity: 1932
Merit: 4602
Buy on Amazon with Crypto
September 09, 2021, 11:32:27 AM
#24
I believe that Solana is in the hands of manipulators, so her price goes up.
The ecosystem is still very young and there are very few projects, and the price of the coin does not correspond to the market situation.
https://solana.com/ecosystem/smb
Solana launches projects like Bored Ape Yacht Club.
I do not believe that this was the reason for the growth.
hero member
Activity: 1540
Merit: 772
September 09, 2021, 02:10:23 AM
#23
The ability to process hundreds of thousands of transactions per second is part of Solana's creation. In addition, Solana's focus is on making decentralized finance accessible in large numbers. That is the main focus of the Solana Foundation that I read about, so it is not surprising that many investors believe in Solana.
This is the most promising L2 that leading the race. Im not a solana hodler but clearly they won the competition here. Im a solid fantom and avalanche hodler but cant argue that solana keeps it steady while the two I mentioned somehow lag but ofcourse Im faithful with that. Cant just deny that solana did a great job on this.

And I firmly believe in Solana that it will be a coin that will have a lot of fans in the market even though so far I have never made any transactions on the coin. I see a tough job with a big mission carried out by Solana will make their team continue to work to attract investors' trust because they seem aware of being a new Altcoin in crypto.
full member
Activity: 588
Merit: 100
September 08, 2021, 10:03:50 AM
#22
Solana will be a strong competitor for Bitcoin and etherum because of its strong market value and good ecosystem it will certainly be able to reach the top of the crypto market. all i can say is solana is insane, i can't imagine how this coin can survive even when the market is bad and the price keeps going up
member
Activity: 845
Merit: 52
September 08, 2021, 09:35:56 AM
#21
Solana is a layer 1 project with a very high transaction speed. Due to the over expensive nature of ETH Network fee, people are running to Sol network for DEFi, thereby sparking a boom of the Sol price.
member
Activity: 200
Merit: 11
September 08, 2021, 09:22:13 AM
#20
Solana has emerged as a competitor to Ethereum and decentralised finance application .Solana is a blockchain network which develop an ecosystem of cryptocurrency products and services. Solana is different to Bitcoin. 🙏🙏
sr. member
Activity: 980
Merit: 255
HALA MADRID
September 08, 2021, 06:07:37 AM
#19
Best investment for long term if hold and choose solana coin, I don't know what amazing from this coin when bitcoin dump yesterday solana keep dump but faster take recovery and back almost $200 right now. Many solana coin network keep going up and very good if you have saving money buy and hold solana few years later will be the next BNB coin.
hero member
Activity: 3066
Merit: 629
Vave.com - Crypto Casino
September 08, 2021, 05:43:30 AM
#18
Solana quality has been proven in this market, which earned her a top 10 spot in CMC in just a year. I personally believe solona will continue to grow rapidly.
It will continue to grow and the reason why it's gaining attraction is because of how good the project is. Personally, I don't have SOL but I also noticed the quick improvement that it had shown. And there can be more from Solana to show and its growth is a clue that investors are liking it and even it's also part of the drop lately, the price of it is much better than a few months ago and those who have sold at the top, they can rebuy again with their gains and the capital taken away.
member
Activity: 414
Merit: 23
September 08, 2021, 05:42:08 AM
#17
Solana is no ordinary coin, but it is more than that. The ability to process hundreds of thousands of transactions per second one of Solana proofs. I see Solana is preparing to create her own network. Another proof that I see is that Solana still has high trust from investors because to this day Solana is still holding on to market conditions that have caused all the top altcoins to decline.
sr. member
Activity: 938
Merit: 255
SmartFi - EARN, LEND & TRADE
September 08, 2021, 05:07:14 AM
#16
Solana is highly sought after by institutions due to its ability to process hundreds of thousands of transactions a second. The word on the street is that it may become the block chain for the stock market prices in the future. Massive massive interest I expect it to become the number three coin behind Bitcoin and ethereum and possibly number two if they do in fact become the blockchain of stocks in a couple years time. Solana is huge and there’s plenty more upside to go. Wait for a pull back because it’s overbought right now and then make sure u jump in.  NFA

To be frank Solana is leading the race when it comes to blockchain coins which has made tremendous growth in the few past weeks, and not only is it growing on its own, but other tokens on its blockchain are leveraging the hype to grow as well. To add to this, more NFT projects are migrating to it while having tremendous success as well.
Now talking about Solana being the blockchain for the stock market due to its low gas fee and speed; but before I proceed, BSC network also had same, that is, low fee and speed, and this lead to the massive growth BNB witnessed but today that many projects are on it, is the fee and speed still the same? The answer is No.
Therefore, continuing with my opinion about Solana, it is experiencing low fee and so on, because much projects are not on it yet, but when they do, then we will know how far the team are willing to go to tackle high gas fee and so on.
Thus in all ramifications, the more a blockchain network grows with more projects on it, the more the network speed reduces and fee increased, it's now left for the team to do something about it.
sr. member
Activity: 1876
Merit: 259
September 08, 2021, 04:06:35 AM
#15
Solana quality has been proven in this market, which earned her a top 10 spot in CMC in just a year. I personally believe solona will continue to grow rapidly.
hero member
Activity: 2114
Merit: 603
September 08, 2021, 04:02:31 AM
#14
The ability to process hundreds of thousands of transactions per second is part of Solana's creation. In addition, Solana's focus is on making decentralized finance accessible in large numbers. That is the main focus of the Solana Foundation that I read about, so it is not surprising that many investors believe in Solana.
This is the most promising L2 that leading the race. Im not a solana hodler but clearly they won the competition here. Im a solid fantom and avalanche hodler but cant argue that solana keeps it steady while the two I mentioned somehow lag but ofcourse Im faithful with that. Cant just deny that solana did a great job on this.

If we are talking about the lightening network replacement then this could be in the race. Considering how the fees and daily transaction are growing on the erc20 network this will be just an alternative to them. However, I also think about it in different way if compared with LTC. They are the oldest player in the field and also has lowest gas fees and speedy transaction but they are not being as popular as they should have been. Being one of the victim of high fees of BTC and ETH I would always prefer those alternatives and would pay little fees and do the job. If they can do it then they will be popular and will see good days.
jr. member
Activity: 277
Merit: 5
September 08, 2021, 03:50:14 AM
#13
Solana is highly sought after by institutions due to its ability to process hundreds of thousands of transactions a second. The word on the street is that it may become the block chain for the stock market prices in the future. Massive massive interest I expect it to become the number three coin behind Bitcoin and ethereum and possibly number two if they do in fact become the blockchain of stocks in a couple years time. Solana is huge and there’s plenty more upside to go. Wait for a pull back because it’s overbought right now and then make sure u jump in.  NFA
Yes you are saying the right thing, Solana does offer fundamental solutions to many crypto problems using flawless technology. But now there is a direct competitor to Solana, Near Protocol has a much higher technological potential and investment potential too, because the project capitalization is less, so you should take a closer look at Near
legendary
Activity: 1904
Merit: 1159
September 08, 2021, 03:03:00 AM
#12
A lot of blockchains have been promising cheap transactions. There is nothing new in what Solana claims. It is mostly a marketing game where the first player to latch onto the latest buzzword tends to go up. Solana did it with NFTs and timing the hackathon. ETH is breaking down with congestion and any alternative, whether Solana or something else, that is seen as a cheaper alternative will pump.

A lot of others have seen upward trends like Terra, FTM etc etc. Solana has the marketing buzz behind it but as soon as the ETH fees normalize, there is little they can offer. I don't see anything fundamentally different. Its the same buzz about projects, PoS, validators, a discord and false claims about "Developers love Solana". In the medium term the price may have some upside but it has nothing special to guarantee long term survival.
jr. member
Activity: 49
Merit: 1
September 08, 2021, 02:18:05 AM
#11
Solana is highly sought after by institutions due to its ability to process hundreds of thousands of transactions a second. The word on the street is that it may become the block chain for the stock market prices in the future. Massive massive interest I expect it to become the number three coin behind Bitcoin and ethereum and possibly number two if they do in fact become the blockchain of stocks in a couple years time. Solana is huge and there’s plenty more upside to go. Wait for a pull back because it’s overbought right now and then make sure u jump in.  NFA

Definitely buy the dip!
hero member
Activity: 1722
Merit: 895
September 08, 2021, 02:01:04 AM
#10
Solana is highly sought after by institutions due to its ability to process hundreds of thousands of transactions a second. The word on the street is that it may become the block chain for the stock market prices in the future. Massive massive interest I expect it to become the number three coin behind Bitcoin and ethereum and possibly number two if they do in fact become the blockchain of stocks in a couple years time. Solana is huge and there’s plenty more upside to go. Wait for a pull back because it’s overbought right now and then make sure u jump in.  NFA

Solana is being talked about more and more nowadays, both positive and negative, but I don't think this is what I want to convey, the ability to process hundreds of thousands of transactions per second is a step forward that Solana currently has in the crypto world. .

However, to ensure Solana's sustainability is not only talking about transactions, especially if Solana starts aiming for the third position below bitcoin or ethereum, this is not an easy job for Solana in the future, it takes a lot of refinement and development to achieve this position.
member
Activity: 534
Merit: 19
September 08, 2021, 12:47:31 AM
#9
Solana is highly sought after by institutions due to its ability to process hundreds of thousands of transactions a second. The word on the street is that it may become the block chain for the stock market prices in the future. Massive massive interest I expect it to become the number three coin behind Bitcoin and ethereum and possibly number two if they do in fact become the blockchain of stocks in a couple years time. Solana is huge and there’s plenty more upside to go. Wait for a pull back because it’s overbought right now and then make sure u jump in.  NFA
Solana has been a doing very good these past weeks. If this is true, it could potentially be in par with Ethereum and probably you're right with number 3. I've been accumulating lately this last bear market and it really gives a lot of profit. I believe that SOL can go up to a 200$ within this month and could go up to 1000$ in the next years.
sr. member
Activity: 1344
Merit: 253
September 07, 2021, 11:50:57 PM
#8
Solana's movement seems to only be uphill, indeed we don't find any significant correction movement. but at the end of the day solana seems to be forming resistance, hopefully this resistance will break through again and continue the up trend. but I think to buy it we wait for price developments first considering the price is too high, if there is a breakout on resistance, maybe I will look for an area to buy
legendary
Activity: 2268
Merit: 1379
Fully Regulated Crypto Casino
September 07, 2021, 11:43:38 PM
#7
The ability to process hundreds of thousands of transactions per second is part of Solana's creation. In addition, Solana's focus is on making decentralized finance accessible in large numbers. That is the main focus of the Solana Foundation that I read about, so it is not surprising that many investors believe in Solana.
This is the most promising L2 that leading the race. Im not a solana hodler but clearly they won the competition here. Im a solid fantom and avalanche hodler but cant argue that solana keeps it steady while the two I mentioned somehow lag but ofcourse Im faithful with that. Cant just deny that solana did a great job on this.
sr. member
Activity: 2016
Merit: 283
September 07, 2021, 05:59:51 AM
#6
Solana never make a massive correction like what happened to some coin that rapidly increase during the bullish season so it's very surprising,. wherein seems only solana continually making all time high value at the moment and probably no one can stop it because mostly are good news reason it keep surging.. By the way congrats to those who keep holding despite of some fluctuation you all a winners on this season..   Wink indeed i never expect that solana will not go to this level its very surprising to be honest.
hero member
Activity: 1540
Merit: 772
September 07, 2021, 05:38:01 AM
#5
The ability to process hundreds of thousands of transactions per second is part of Solana's creation. In addition, Solana's focus is on making decentralized finance accessible in large numbers. That is the main focus of the Solana Foundation that I read about, so it is not surprising that many investors believe in Solana Koin. We can also see Solana's journey from being launched, the price chart rising so fast.
newbie
Activity: 28
Merit: 1
September 07, 2021, 05:26:00 AM
#4
Many people are wondering whether Solana will stay with us, I recently read an article on this topic on Bloxter, it is more of a guide, but still there is a lot of useful information, for those who want to read the link : https://blockster.com/blockdesk/1423_a-complete-guide-to-solana-is-it-here-to-stay
full member
Activity: 896
Merit: 100
September 07, 2021, 01:11:02 AM
#3
solona is still in a good rally at the moment. it is very risky to enter the market now because the price is still increasing.
indeed adoption for this new ecosystem is growing fast. even in every new project sale in the solona ecosystem, it always gives benefits to their participants.
full member
Activity: 826
Merit: 105
September 07, 2021, 12:57:45 AM
#2
Solana has grown strongly in the past year. This crypto adjustment is essential. I don't know how hierarchical Solana is but to my knowledge sorting the data by "proof of History" will make Solana heavier and difficult to reach high speeds. Creating a node with Solana requires equipment with supercomputer power.
The FOMO by the community and the fact that SAM has plenty of money to raise Solana's price will probably end soon.
jr. member
Activity: 72
Merit: 1
September 07, 2021, 12:40:53 AM
#1
Solana is highly sought after by institutions due to its ability to process hundreds of thousands of transactions a second. The word on the street is that it may become the block chain for the stock market prices in the future. Massive massive interest I expect it to become the number three coin behind Bitcoin and ethereum and possibly number two if they do in fact become the blockchain of stocks in a couple years time. Solana is huge and there’s plenty more upside to go. Wait for a pull back because it’s overbought right now and then make sure u jump in.  NFA
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