Topic: Solana just reached $80! - EDIT: Now $110+ - page 6. (Read 1099 times)

I noticed that Solana has been pumping heavily the last few months, I assume this is all due to the new projects joining the Solana ecosystem? Although that being said, is a significant portion of Solana not still held by whichever entity is now responsible for the SBF wallets? I have not heard of any selling going on yet but I do not think it will stay that way for very long...


Furthermore, how is the news on Solanas constant Blockchain standstills? Are there still problems in that regard?

Sure, Solana may have reached a nice number but I am still not convinced that it has solved any of its old issues. The pump is almost purely speculative.

It reminds me of Vitalik's tweet before. Vitalik posted the tweet below on Dec 29, 2022 when SOL price was only $9... supporting SOL in the most difficult days and now some SOL holders think they are too smart to mock Vitalik? Where are you when SOL $9, doubt when FUD happens and maybe we don't like it. Although I really support SOL but to be fair, in addition to technology issues, financial issues are always the same what makes us pay attention to them.

Currently the attention is not only on SOL, but its ecosystem is also receiving great attention as there are constantly things being hyped and bringing profits to participants, which is also people's attraction and FOMO to Solnana.

Well now Solana has reached price of $95. It is now the number 5 coin on coinmarketcap passing Ripple. It is now up 27% in the last 7 days.
And it did pass BNB with $41.9 Billion and BNB was $41.8 Billion. But I think some investors sold their profits.
It is only now less then $1 Billion marketcap from BNB coin. I still do hodl some of these tokens wish I did not sell so many.
https://cointelegraph.com/news/solana-sol-price-surge-flips-bnb-crypto-market-cap

It's definitely the solana season I still remember the day when the solana is about 200$ later down to 6$ , that show how much crypto is volatile but due to all positive news one after other like recently they had launched their soLana smart phone worth $599 so whoever brought that get airdrop of $bonk worth only 900$ , now most probably we can see meme season of solana really soon it has been a roller coaster journey for Solana till now

It did pump yesterday and was on the verge of clearing the $100 barrier but the resistance was too high and it did not. Today we can see profit booking as the price has now gone down to $94 which is expected. It would break the $100 price resistance very soon looking at the way it has been pumping lately. Those who had invested in Solana when it was $15 would be enjoying the fruits and those who have staking it would be able to see an increase in their staking revenue. It is still a good project to invest in before the next bull run comes.

Wow, this is a very impressive project that aims to solve the scalability and security issues of blockchain. I like the idea of using proof-of-history and proof-of-stake to achieve high throughput and low latency. Solana seems to have a lot of potential to become a leading platform for decentralized applications and smart contracts. I am curious to know more about the team, the roadmap, and the tokenomics of Solana.

Solana has already touched 99.50$ on some exchanges. I expect Solana to touch in $100 in no time. If you are planning to hold long term then you better hold long as Solana platform has already launched 2 of their projects. I am looking at this Solana coin from $27 but not ready to invest. Slowly it appears that Solana has moved to $100 so far I have not invested. But their bull run suggests they could reach all-time highs.

That's all that we can say to them, we're both happy for those that were able to ride this train but we just can't ride on this train anymore. I also remember that there were news like that before but it seems that it's covered with its increase and people doesn't anymore with the old issues as long as they can get money on it and can ride the train until they can. Was this also affected during the FTX debacle, right? Well, it's already almost half from its former ATH.

Yeah. I bought my Solana when it was at $20 and $30 and some few more at $57  But as you said, need to be cautious and don't get blind it will start go down one day.
But my best profit is still from BONK. Also wanted to buy Raydium when it was at 0.7$ but didn't and not it's $1,78. But I think Raydium will increase more.

What a beast that's having its good run now. Of course, we've got Bitcoin that's also making rounds but this one is making noise as it has surpassed first XRP and then BNB. Too many people didn't see this coming and that's why it's making a lot of attention now. Good luck to those that will feel FOMO on buying this one but just like these people have said above, I'm also out with this and scared of getting in. Congratulations also if you're in profit and don't forget to get some for yourselves because you don't know if this increase will continue until the actual bull run comes or it just came to bull run first because of some circumstances that we're seeing right now.

Those that have bought when it's $9 which is like the low of it from the start of this year. You guys are great but don't you forget that there's a time for you to take profit and I've seen people that are also stuck from $200 from the past ATH that it had got but at least they've never lost their hope on it. There's so much to wait from this market and we only see the ones that are making a huge gain and we're all happy for those that have it on their stashes. I am just waiting for some of my altcoins to get ahead from this bull run and hopefully the domino impact of it positively will start soonest.

Damn bro. You know what you talking about. Respect to you.





Nothing more needed to be said.

I just can’t get on board with Solana. The network goes down too often and is so centralized for my liking. However, you can’t deny that the price isn’t on an absolute tear. It seems to be the biggest benefactor of the Bitcoin mempool issues at the moment. While I’m not on this train, I am happy for those that are.

I am not FOMOIng but just accepted the fact that I've missed buying this on its low. It reached $90 today and who knows if it will be $100 tomorrow or by the next day.

It's a good hold but many have missed it like me. When a network or chain is being chosen by other projects to build themselves, they are increasing in demand so as SOL.

the airdrop was not this massive before solana suddenly has some bullrun i guess, now people are so eager to earn airdrop and sometime only the way is through staking in various defi platform in solana.
i remember back then solana just getting some massive bullrun out of the blue and it caught many people off guard because initially many people expect solana to keep dumping just because it was invested heavily by ftx and there is rumour that ftx gonna dumps their posession of solana into the market turns out right now solana is hottest thing just after ethereum.
so I guess its mainly not because airdrop that solana is increasing in price, moreover the fact that those defi require people to stake some good amount of money might just help solana increase it demands.
but yes, the airdrop in solana is trendy right now you could literally find some of the defi in solana have massive total value locked just by some short amount of time and it speaks a lot about the well being of solana blockchain right now.

  You know there are many times that the price value of a coin or token can rise; in fact, there is only hype that can happen, so suddenly there is a so-called pump and dump. And there are others because they have a development plan project that they are working on and showing to people, so there is also innovation in increasing its value in the market.

  Although I do not deny that it is also good to hold the solana in the long term for investors who believe in it, So, when that happened to SOL, it was obviously because of the evenness of their project, so that and the upcoming halving or bull run may be just a few of the possible reasons.

You are right here. I think the airdrop announcement on it ecosystem has a great factor on the price of Solana. I myself is planning to run an airdrop, which is on Solana. To do this, I have to buy Sol and this is applicable to anyone that are interested in the airdrop. The more people continue to buy, the higher the price.

This rise should be taken in cautious manner. There's reason why it is getting traction.
But the decline is imminent if the foundation is weak, so you need to dig the reason why they are heading to this direction.
Though SOL is one of the top alts out there but one should not jump on board blindly.
At least do your homework and learn why it is worth putting some of your funds.

Your hesitation was completely understandable. Markets were scary and in desperate times we often would like to see them as hopeless, so we wouldn't need ponder the risk of investing.

But i didn't see this coming this fast. It's $92 now and growing. Avalanche looks explosive too, in fact, so does the whole market. It looks like the perfect storm is coming. Correction might feel bad for some people here. Especially if they are coming in with leverage.

Altcoin season has truly started. Next this will flow into midcaps and then small caps.

Its connection with FTX and Alameda gives it such a bad reputation that its price dropped to below 20$. That time, I hesitate to buy sol but i think that was a mistake. I should have taken the risk to add some sol to my portfolio. It doesn't matter right now but crossing 1000$ will make it overvalued. The current sol rally came from its airdrop hype and smart phone release, and as long as airdrop farmers get new projects to speculate about, they will leave sol. It can cause a correction but i don't think sol will go below 40$ any more.

investors who are late in getting into Sol are already regretting not buying this token while it's below $50. i kinda of see it that way already as some investors speculate that it will touch $1000 after BTC halves. while halving hasn't yet arrived, people are thinking this next bull run is the supercycle they were waiting for back in 2021 and it's happening this 2024 because of another factor which is the spot ETF.