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Topic: Solana Pump - page 5. (Read 880 times)

legendary
Activity: 2534
Merit: 1397
August 20, 2021, 10:17:46 AM
#24
Some people here don't really get what I want to know. I am curious what is the cause of pumps not what Solana is, we already know Solana is fast and has cheap transaction fees. What I am looking is somehow news or some data or feature/update that cause a massive pump for Solana.
But thanks for all who answered.
full member
Activity: 532
Merit: 104
August 20, 2021, 09:23:23 AM
#23
Solana is a hot rising crypto with the ecosystem of this project growing and expanding rapidly. I find Solana's decentralization problematic as most people can't operate a node easily because the hardware requirements are too strict looking at Solana's validation structure.
sr. member
Activity: 1484
Merit: 253
August 20, 2021, 03:05:59 AM
#22
Use cases of a coin promotes it's price so am convinced the game project attributed to the high prices we seeing now and also it's backed by Sam who is a multimillionaire and he even made it known to the mass some time ago  that there should sell off sol and he would buy them back at a lower prices, imagine the guts. Well I love the fact that the price is pumping real good but it pains me that I got no sol left, sold so early and now I can't buy back because i don't want to FOMO in to the market or going to buy the top.
Actually the hype is real plus the use case is working so definitely its a win win. But like you mate, I also dont have any sol token to be that kinda happy. So were on the same boat. Congrartulations to those who hold and ripping off the profits right now. Just be wise to take some and dont be greedy. Take out your capital at least.
Indeed. They are too patience on holding it for too long. As long as you trust the coin your holding, then you must possibly gain good profit. SOL was a very good project for the future. Overall Solana has had a very good pump with few corrections, and from the current market condition, there is a higher chance that Solana will pump very well again, so make the most of this opportunity. Just be wise on choosing and don't be greedy to avoid such losses. Make sure you have proper knowledge about it to gain higher profit.
legendary
Activity: 2268
Merit: 1379
Fully Regulated Crypto Casino
August 19, 2021, 10:41:42 PM
#21
Use cases of a coin promotes it's price so am convinced the game project attributed to the high prices we seeing now and also it's backed by Sam who is a multimillionaire and he even made it known to the mass some time ago  that there should sell off sol and he would buy them back at a lower prices, imagine the guts. Well I love the fact that the price is pumping real good but it pains me that I got no sol left, sold so early and now I can't buy back because i don't want to FOMO in to the market or going to buy the top.
Actually the hype is real plus the use case is working so definitely its a win win. But like you mate, I also dont have any sol token to be that kinda happy. So were on the same boat. Congrartulations to those who hold and ripping off the profits right now. Just be wise to take some and dont be greedy. Take out your capital at least.
full member
Activity: 658
Merit: 101
August 19, 2021, 05:54:15 PM
#20
I'm looking forward and keep buying this coin because i believe solana will give me huge return in the future and it make me more confident about this coin because their so many big partnership around him which is nfts based projects, lot of defi, exchange, infrastructure and Solana is also often endorsed by SAM BankMan Fried (SBF) and founder/CEO of FTX also support this coin.
full member
Activity: 826
Merit: 111
August 19, 2021, 05:20:48 PM
#19
I really don't know what triggered this solana massive bull. Two highs in two days
The bitcoin bull made a huge impact but definitely not the main reason for the continues rise of solana price. I remember the last bear, all other coins where falling down and it took up to a week or two for solana to breakdown below $40 to $20 since then I've been like " this coin has potential and a strong team behind" and if it continues this way let's just expect nothing less but to see solana at $100 by next weekend.
sr. member
Activity: 1932
Merit: 442
Eloncoin.org - Mars, here we come!
August 19, 2021, 03:56:32 PM
#18
[snip]
I am curious what could be the reasons for these pumps?
Well, that is the hell pumped, it makes me crazy to see that I did not have regret that I bought this coin 20% in my portfolio.
The reason is here [ https://www.youtube.com/watch?v=dIAh3zM-KYw ], one of their great developers explained that because most likely crypto games are now in a bullish situation and could be the reason this coin pumped so much right now because of this factor. NFTs is very common based on game and there was a connection with the recent pump of solana.
sr. member
Activity: 938
Merit: 255
SmartFi - EARN, LEND & TRADE
August 19, 2021, 02:12:02 PM
#17
To be frank, Solana took everyone by surprise, and if my calculations are correct, from the growth so far, it shows that SOL coin has hit another ATH. Even when the market is correcting, the price keeps growing and not only that, another good thing of note is that, as the SOL coin is growing, most of the tokens on its blockchain are growing with it. In as much as I might not know the reason for the pump, but it is clear the team are working on their blockchain in such a way that projects are now finding it easy to launch and if what happened during the BSC network wave is to happen again on the Solana blockchain, then we might be witnessing another round of growth of the SOL coin, that is, as more projects launch on it, the more it grows, moreover it is fast and transaction cost is cheap.
As usual, predictions are already flying on what the price will reach by end of the year, well no one can say but holding SOL might be a good idea just in case this anticipated bull run works more for their blockchain just like it did for BSC some months ago.
sr. member
Activity: 1750
Merit: 267
August 19, 2021, 01:54:22 PM
#16
In my opinion, it was supposed to happen someday. I would recommend you to keep an eye on ALGO. It will also pump in the coming days.
It has already started to rise but still don't know what's the reason behind it. Obviously it is on a good shape now but how can we sure that it will be rising continuously?
full member
Activity: 784
Merit: 100
August 19, 2021, 01:23:18 PM
#15
I think Solana pumped due to some massive game projects that released too such as star atlas and many more. Their ecosystem is quite far from metamask extension but they are building their own system and other investors and whales are seeing how it got improved thats why they bought in. Its really amazing from a very low price now solana is kinda expensive. Only If I bought a lot during its early stage. Anyway thats my opinion and I think it could still grow more.
Use cases of a coin promotes it's price so am convinced the game project attributed to the high prices we seeing now and also it's backed by Sam who is a multimillionaire and he even made it known to the mass some time ago  that there should sell off sol and he would buy them back at a lower prices, imagine the guts. Well I love the fact that the price is pumping real good but it pains me that I got no sol left, sold so early and now I can't buy back because i don't want to FOMO in to the market or going to buy the top.
hero member
Activity: 2856
Merit: 644
https://duelbits.com/
August 19, 2021, 09:50:55 AM
#14
I think Solana pumped due to some massive game projects that released too such as star atlas and many more. Their ecosystem is quite far from metamask extension but they are building their own system and other investors and whales are seeing how it got improved thats why they bought in. Its really amazing from a very low price now solana is kinda expensive. Only If I bought a lot during its early stage. Anyway thats my opinion and I think it could still grow more.
I think it's still a small pump despite the 2x increase, but maybe 100$ will be reached in the near future.
But it's true that there have been many big projects in it including including the sale of IDO which is now much in the interest of investors and it is running successfully just a few days before it, so there will be more investors holding SOLANA for the long term and also something in investing in new projects , so don't be surprised and this will be more the same as the BSC which now also has a bigger pump.
hero member
Activity: 2156
Merit: 685
August 19, 2021, 09:32:38 AM
#13
As someone who has tried the Solana network, they are doing really well as blockchain. It is very fast and the fees are very cheap. They use pos system. They have started many projects recently, all of them ambitious projects and investors are adopting these projects. The Solano team also receives funds from many large investors, and at the same time, I consider it normal to rise.
sr. member
Activity: 2016
Merit: 283
August 19, 2021, 06:09:07 AM
#12
Solana is doing well since last week probably if I'm not mistaken, because as i check this coin when I'm trying to trade alts few days ago,  it's showing a higher percentage in the market, but seems the price is already too high and the growth rate is very steady like a constant uptrend, wherein even there's a small fluctuation but after that it will continue to bump the price.. Honestly through youtube i see there's alot of good specification for solana, and probably that's what happening right now.. Sad to say we miss the opportunity from it.
hero member
Activity: 1638
Merit: 576
Leading Crypto Sports Betting & Casino Platform
August 19, 2021, 05:31:13 AM
#11
I bought solana at 2 dollars early this year, I've been following up with the crypto space but has some works to do feels good I'm independent now. Just came back to see real big bull like what really happened that triggered this on solana my 400 sol that was about $800-$900 is now showing $31k omg so happy for sol. Early birds which I knew I would have bought 1000sol back then
jr. member
Activity: 840
Merit: 6
August 19, 2021, 05:13:34 AM
#10
A lot of people only invest in DApps or projects that they can use, not just a whitepaper and a website. NEAR is the easiest blockchain to use and build on and I'd say that will have an effect on the price going forward.
jr. member
Activity: 277
Merit: 5
August 19, 2021, 05:04:10 AM
#9
I am curious for what could be the reasons why Solana pumped hard a few days ago?

If you take a look, in just 14 days, Solana is up 100+%,  7 days is 77% as of now.

I own a small amount of Solana and already tried this network. But yeah, I am curious what could be the reasons for these pumps?


All due to technological solutions to the problems of the Ethereum network. Many people are simply tired of using outdated technologies, and Solana offers people more functionality for the development of the blockchain for a meager fee.
Take a look at the Near Protocol project. It follows exactly the same scenario as Solana. is growing due to its technological solutions related to transaction fees (inside their blockchain their cost is $ 0.01), transaction speed and huge scalability. Moreover, within the ecosystem of Solana and Near there are their own defi that provide excellent opportunities for new investors. In general, this is the future
full member
Activity: 602
Merit: 102
Trident Protocol | Simple «buy-hold-earn» system!
August 19, 2021, 03:10:01 AM
#8
I am curious for what could be the reasons why Solana pumped hard a few days ago?

If you take a look, in just 14 days, Solana is up 100+%,  7 days is 77% as of now.

I own a small amount of Solana and already tried this network. But yeah, I am curious what could be the reasons for these pumps?


If you look at this with an economic formula, then the process that occurs when pumping solana is the greater demand for them, so that the demand is not balanced with the expenditure on solana, this makes more sense if you see the process happening.

But this is not necessarily true, if you look at it in a different context, many formulations sometimes don't match the actual events, but I believe that more than analyzing with other patterns, which today's recession is also a factor.
full member
Activity: 462
Merit: 100
August 19, 2021, 01:01:20 AM
#7
I am curious for what could be the reasons why Solana pumped hard a few days ago?

If you take a look, in just 14 days, Solana is up 100+%,  7 days is 77% as of now.

I own a small amount of Solana and already tried this network. But yeah, I am curious what could be the reasons for these pumps?

SOL will be a very good project in the near future. It can take BNB's price very soon cause they own a blockchain system and they trying to realize lots of updates for that reason I will invest in the SOL project again. we expecting good something from SOL tem.
legendary
Activity: 2268
Merit: 1379
Fully Regulated Crypto Casino
August 18, 2021, 10:37:25 PM
#6
I think Solana pumped due to some massive game projects that released too such as star atlas and many more. Their ecosystem is quite far from metamask extension but they are building their own system and other investors and whales are seeing how it got improved thats why they bought in. Its really amazing from a very low price now solana is kinda expensive. Only If I bought a lot during its early stage. Anyway thats my opinion and I think it could still grow more.
full member
Activity: 186
Merit: 253
August 18, 2021, 10:11:35 PM
#5
But yeah, I am curious what could be the reasons for these pumps?
If you look deep into Solana, you'll find out that it's really similar to Binance Smart Chain (BSC). BSC is backed by Binance - a top tier exchange and Solana is backed by FTX - also a huge exchange. Solana ecosystem grows like the way BSC grew with a lot of apps and AMMs. Apparently DeFi is the key to Solana's pumps. I tried Solana. It's fast, cheap but the only thing that makes me annoyed is that I have to let a blank window running to use its wallet.

Not only Solana, many other blockchains also pumped in the last few weeks, such as Polkadot or Terra (LUNA).
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