Solana price predictions and developement? - page 3.

Abiky

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Quote from: Mansory22022 on May 03, 2024, 06:31:51 AM

Does solana network ready for huge demand?
What you think of solana price ? Does solana are high supply or limited supply coin compared others ?
So i think we see 7000$ price because supply and demand but even that much gain it's not life Changing gain so that's why i don't try to get rich with alt coins neither with btc but it's nice to some gains.
But now the sol is hot specially when other coins are sleeping what's the solana price targets ?
Are you fan of solana ? Im big fan of solana i think it's the best chain i want to invest more into.

It's never been ready for huge demand. Solana is still an experimental blockchain network. The constant outages tells us Solana has a long way to go before it's able to compete with the likes of Ethereum and even BSC. Developers promised the "Firedancer" node software will bring stability to the network. But I'd take that with a grain of salt.

What's "pumping" SOL's market price is none other than the "meme" coins craze. Once the hype goes away, we should expect SOL to "dump" real hard. Unless developers fix the network's inherent issues, don't expect Solana to go anywhere soon. There are far better options out there. Why not choose Cardano or any of the L2 ETH networks instead? Cheesy

btc_angela

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Quote from: Mansory22022 on May 03, 2024, 06:31:51 AM

Does solana network ready for huge demand?
What you think of solana price ? Does solana are high supply or limited supply coin compared others ?
So i think we see 7000$ price because supply and demand but even that much gain it's not life Changing gain so that's why i don't try to get rich with alt coins neither with btc but it's nice to some gains.
But now the sol is hot specially when other coins are sleeping what's the solana price targets ?
Are you fan of solana ? Im big fan of solana i think it's the best chain i want to invest more into.

$7k that is too huge in my opinion, all time high is $260. So let's say it goes 10x, so that's around $2600 only. Yes, I know that it is hot, but not sure how can it get to $7000 unless there is some whales going to pour their money in the market, and when he sees that price, sell and get out.

So it's better to put a conservative estimate around $3,000, at least you will not be frustrated if it doesn't goes to the price that you are expecting. I have nothing against Solana, it's a great project, but still remains to be seen as there are a lot of competitions.

goaldigger

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Quote from: Husires on May 04, 2024, 07:27:43 AM

Quote from: Kelward on May 03, 2024, 10:52:57 AM

I believe that Solana, will be the most sought after altcoin in this coming bull run, it's gaining so much attention and popularity because of the many activities in it's network, investors are also interested in the tokens in it's network. Despite any issues in their Blockchain, which is due to the high demands in their network, people still have trust in them.

Blockchains are rarely pumped more than once and Solana has risen amazingly over the past years but what new can they offer? They used to say that they are the fastest and cheapest blockchain, but the increase in demand has proven that they are not the fastest or cheapest, so all that makes the price increase is trust in the developers. If you don't trust the developers, don't invest.

This might be the problem to every network when they get recognized and there’s an increase in demand, they tend to work slowly and tend to be more expensive than they used to be. SOL can still be a good coin as long as they continue their development and continue to improve their platform, the surge in meme tokens under SOL network helps them to pump, so let’s see if they still have something to offer to continue their momentum in the coming bullish trend.

Huppercase

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Quote from: Mansory22022 on May 03, 2024, 06:31:51 AM

Does solana network ready for huge demand?
What you think of solana price ? Does solana are high supply or limited supply coin compared others ?
So i think we see 7000$ price because supply and demand but even that much gain it's not life Changing gain so that's why i don't try to get rich with alt coins neither with btc but it's nice to some gains.
But now the sol is hot specially when other coins are sleeping what's the solana price targets ?
Are you fan of solana ? Im big fan of solana i think it's the best chain i want to invest more into.

Did you type this thing right from your phone or you are writing to us from Pluto? This your mathematics need some more integration to get the actual value of Solana actual price from the future, how can you even say Solana to $7k mate, this is illogical.

I know for a fact that despite this mini retracement of alts, sol price decreases but I think one of the most traded alts by volume remain Solana and the price recovery came back immediately Bitcoin was able to make some green moves but does that gives Solana that future price you actually quoted there, I don't think so my friend, we are still behind it.

As for technical aspect, I'm not sure if Solana has any new update or feature to give Solana but I know for a fact things will improve especially how they are trying to handle the bots transaction on Solana blockchain, maybe if the spam transaction are finally handle, we might see Solana as the new crypto value might reach there.

kotajikikox

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Quote from: Husires on May 04, 2024, 07:27:43 AM

Quote from: Kelward on May 03, 2024, 10:52:57 AM

I believe that Solana, will be the most sought after altcoin in this coming bull run, it's gaining so much attention and popularity because of the many activities in it's network, investors are also interested in the tokens in it's network. Despite any issues in their Blockchain, which is due to the high demands in their network, people still have trust in them.

Blockchains are rarely pumped more than once and Solana has risen amazingly over the past years but what new can they offer? They used to say that they are the fastest and cheapest blockchain, but the increase in demand has proven that they are not the fastest or cheapest, so all that makes the price increase is trust in the developers. If you don't trust the developers, don't invest.

I mean just look at bitcoin. It’s honestly such a pain trying to make transactions on the blockchain with how expensive the transaction fees are. I find myself sometimes a little frustrated but it does not mean I do not like the coin anymore.

I still think it is valuable and would be beneficial to me if I held on longer. I am guessing that the same thing would happen to solana. Although I do hope that they solve their problems so that they have another edge against other altcoins and possibly bitcoin.

Husires

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Quote from: Kelward on May 03, 2024, 10:52:57 AM

I believe that Solana, will be the most sought after altcoin in this coming bull run, it's gaining so much attention and popularity because of the many activities in it's network, investors are also interested in the tokens in it's network. Despite any issues in their Blockchain, which is due to the high demands in their network, people still have trust in them.

Blockchains are rarely pumped more than once and Solana has risen amazingly over the past years but what new can they offer? They used to say that they are the fastest and cheapest blockchain, but the increase in demand has proven that they are not the fastest or cheapest, so all that makes the price increase is trust in the developers. If you don't trust the developers, don't invest.

batang_bitcoin

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Quote from: Mansory22022 on May 03, 2024, 06:31:51 AM

Does solana network ready for huge demand?

It has histories of outage so if the devs have already fixed that, who knows?

Quote from: Mansory22022 on May 03, 2024, 06:31:51 AM

What you think of solana price ? Does solana are high supply or limited supply coin compared others ?
So i think we see 7000$ price because supply and demand but even that much gain it's not life Changing gain so that's why i don't try to get rich with alt coins neither with btc but it's nice to some gains.
But now the sol is hot specially when other coins are sleeping what's the solana price targets ?
Are you fan of solana ? Im big fan of solana i think it's the best chain i want to invest more into.

I am not a fan of it and that price is quite high to think of. Many altcoins have performed well in the past for their own primes but then as years have passed, they've become forgotten and didn't do that much anymore after their times in the bull runs.

makishart

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Quote from: Mansory22022 on May 03, 2024, 06:31:51 AM

Does solana network ready for huge demand?
What you think of solana price ? Does solana are high supply or limited supply coin compared others ?

The supply of solana is fixed and i have no comment about this. Don't you see how solana growth more than 10x from its yearly low? that's enough to tell you that if solana's supply doesn't even matter again now. People keep buy it.

Quote from: Mansory22022 on May 03, 2024, 06:31:51 AM

So i think we see 7000$ price because supply and demand but even that much gain it's not life Changing gain so that's why i don't try to get rich with alt coins neither with btc but it's nice to some gains.

Your imagination seems a non sense thing. Try to lower it. Solana never ever touch 500 bucks and how can you say that if it's gonna touch 7k? are you drunk? Think again mate. it will never come true for sure.

Quote from: Mansory22022 on May 03, 2024, 06:31:51 AM

But now the sol is hot specially when other coins are sleeping what's the solana price targets ?

Touching new ATH probably the main target here. It doesn't even make sense if you are aiming solana to touch 4 digits target. LOL

Quote from: Mansory22022 on May 03, 2024, 06:31:51 AM

Are you fan of solana ? Im big fan of solana i think it's the best chain i want to invest more into.

Even if you are a solana fan but you shal always use your sense my friend. Stop to forecast non sense target like that.

Bushdark

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I don't really know how the bull market is going to go but I am looking at seeing the price at 500 soon when the bull continues.
We have been seeing so many projects building on the Solana network which means the sol blockchain is going to explode soon.
I know there are many of us that have sol in our portfolio but we just have to observe the market and see the posible price it would reach before the end of the bull market so we can always make profits.

bluebit25

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Although I am not a fan/anti of SOL, I must admit that it is still the leading cryptocurrency in the space. If it's just speculation, let's try to set bitcoin expectations at $200k and then the distribution to alts, SOL will benefit in a bull market with a range from the current level of $100 - $1000.

But anyway, in this space, everything is created more from trust and there is no complete guarantee of trust, the past tells us that there are still unpredictable scenarios that appear in bull price cycles. So even if you have faith, you should be ready for the bad scenarios you have to face.

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Quote from: Mansory22022 on May 03, 2024, 06:31:51 AM

Does solana network ready for huge demand?

They should be.

I can see solana increasing more this year and if they do not solve the problem of congestion then it might just be their downfall. It is not the top coin (yet) so if their network is too congested I can see many investors losing interest and looking at other memecoins. It won’t be hard since there are practically a thousand memecoin out there.

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Quote from: Mansory22022 on May 03, 2024, 06:31:51 AM

Does solana network ready for huge demand?
What you think of solana price ? Does solana are high supply or limited supply coin compared others ?
So i think we see 7000$ price because supply and demand but even that much gain it's not life Changing gain so that's why i don't try to get rich with alt coins neither with btc but it's nice to some gains.
But now the sol is hot specially when other coins are sleeping what's the solana price targets ?
Are you fan of solana ? Im big fan of solana i think it's the best chain i want to invest more into.

Your price prediction have any fact so that we can be convinced that it is right? My analysis says sol price can go another 3X from here with supply and demand metrics. The current sol price rally was due to their incentive from their ecosystem airdrop. They have already distributed so much money in that way and this methods is not sustainable for long term. There needs to be other factor that can drive the price like crazy. Fast transaction also can't be the option as there are other blockchain that is also fast enough for mass operation.

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Quote from: Mansory22022 on May 03, 2024, 06:31:51 AM

So i think we see 7000$ price because supply and demand but even that much gain it's not life Changing gain so that's why i don't try to get rich with alt coins neither with btc but it's nice to some gains.

Broski if Solana going to $7000 isn't life-changing money for you, then you probably need to get a job for you to be able to invest more money in the markets lmao. That's literally a 48x if that's not life-changing, nothing will be. (Definitely not saying it will reach that price because the market cap will be too high.)

Ben Barubal

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Quote from: Mansory22022 on May 03, 2024, 06:31:51 AM

Does solana network ready for huge demand?
What you think of solana price ? Does solana are high supply or limited supply coin compared others ?
So i think we see 7000$ price because supply and demand but even that much gain it's not life Changing gain so that's why i don't try to get rich with alt coins neither with btc but it's nice to some gains.
But now the sol is hot specially when other coins are sleeping what's the solana price targets ?
Are you fan of solana ? Im big fan of solana i think it's the best chain i want to invest more into.

7000$ each solana? When is this bull run? because if you're doing that bull run now, thinking that it's unlikely to happen, I don't know what you're basing it on, Op, or did you just predict that you didn't have any basis at all?

when Bitcoin was at 500 dollars each before it went through several bull runs before it became 20 dollars, but then you want the price to be like that immediately. I'm sure that won't happen this season, and no one knows when that will happen in 7k, maybe 300-500$.

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Quote from: Husires on May 03, 2024, 08:58:26 AM

Whoever invests in Solana is aiming for profit. Blockchain has proven to have serious problems in the event of high demand, and it can be almost impossible to broadcast your transaction. However, there is still demand, which means that we may see $1,000 over the next year, but $7,000 is extremely exaggerated and may not absolutely reach this price.

I believe that Solana, will be the most sought after altcoin in this coming bull run, it's gaining so much attention and popularity because of the many activities in it's network, investors are also interested in the tokens in it's network. Despite any issues in their Blockchain, which is due to the high demands in their network, people still have trust in them.

As for it's price reaching $7000 in a new ATH in the bull season, we all know that either the OP is exergeratinng or he meant to say $700, however the bull run goes, I'm quite positive that Solana, will make it's investors richer.

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Quote from: Mansory22022 on May 03, 2024, 06:31:51 AM

Does solana network ready for huge demand?
What you think of solana price ? Does solana are high supply or limited supply coin compared others ?
So i think we see 7000$ price because supply and demand but even that much gain it's not life Changing gain so that's why i don't try to get rich with alt coins neither with btc but it's nice to some gains.
But now the sol is hot specially when other coins are sleeping what's the solana price targets ?
Are you fan of solana ? Im big fan of solana i think it's the best chain i want to invest more into.

Solana has already seen much larger demand and its current price of Solana at less than $150 is a good deal. A good price hike and solana meme coins would go wild and which ever the meme be, it would help the price of Solana up. And unlike Ethereum, Solana won't botch the bull as they can handle huge demand with their large TPS.
Solana would reach at least $300 within this year and would be one of the best investment you can make. Meme coins have more potential but it's hard to decide which one of them would break out. There are alternatives of Solana but it would take them time to reach where Solana already is.

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Quote from: Mansory22022 on May 03, 2024, 06:31:51 AM

So i think we see 7000$ price because supply and demand but even that much gain it's not life Changing gain

Be realistic with your predictions, Solana cannot rise as high as this and i am pretty sure you know that. You are hodling Solana and i get it that you want to hype the coin up and maybe attract more people to it, fair enough, but people know better these days. Cheesy

Quote from: Mansory22022 on May 03, 2024, 06:31:51 AM

Are you fan of solana ? Im big fan of solana i think it's the best chain i want to invest more into.

It is also not uncommon to see Solana users complain of bugs and "transaction failures" in the network, so maybe you should be careful of how much you are hyping this coin.

Husires

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Whoever invests in Solana is aiming for profit. Blockchain has proven to have serious problems in the event of high demand, and it can be almost impossible to broadcast your transaction. However, there is still demand, which means that we may see $1,000 over the next year, but $7,000 is extremely exaggerated and may not absolutely reach this price.

JeromeTash

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Quote from: Mansory22022 on May 03, 2024, 06:31:51 AM

Does solana network ready for huge demand?

I can not be sure of this, some few weeks back, there was network congestion on the network.

Quote from: cryptoaddictchie on May 03, 2024, 08:15:33 AM

Was that too high? I think their ATH is around $200 maybe a conservative reaches of $300 could be tolerable but at $7k not so sure.

In the previous bull run, it was ~$260.

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Currently meme coins are hype and meme coins on the Solana network are the most popular meme coins among investors. This will definitely have a positive impact on the price of Solana because it means that transactions on the Solana network will also increase drastically. In my opinion, Solana is included in the altcoin group with low supply because the price of Solana is included in the high price altcoins.

Topic: Solana price predictions and developement? - page 3. (Read 517 times)