Solana takes back top 10 position | Bitcointalksearch.org

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Quote from: Blitzboy on January 26, 2023, 12:46:27 PM

Solana is promising, based on what I have read. They do have a fast blockchain. But above all, they have a great community that understand how powerful Solana is. In my country, the number of Solana developers is only less than the number of Solidity developers. And there have been several start-up companies using Solana for their layer 1. FTX is an absurd event. If Solana survive through this winter, I believe it deserves to stay in the top 20 for next 10 years

I intend to hold Solana but I am quite too late. If the price goes lower, I will definitely accumulate a lot.

Can't agree more. The implosion of FTX is actually beneficial for the long-term health of the ecosystem. Sam/Alameda has been using the Solana ecosystem to inflate their balance sheet by launching high FDV, low cap coins (MAPS, OXY, SRM, etc.).

This is one of the reasons why I believe that Solana will remain one of the top alts in the coming years: the bad actors have been removed, the network is now stronger than ever, and the community is still active and engaged despite the events of last year.

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Quote from: Abiky on January 20, 2023, 06:02:31 AM

Quote from: KiaKia on January 15, 2023, 02:59:52 AM

Solana is once again a top ten coin, I am starting to feel like I will regret not buying solana and hold for a long time because if this project survive it will bring the highest ROI in the list of top coins on coinmarketcap, the present value is even looking good, what is your take on Solana? Are you a believer or you think it won't do well for long.

Whales keep pumping SOL for unknown reasons. But if the Solana blockchain itself keeps failing, the pump won't last for long. Just because it's among the top 10 ranks in market cap, doesn't mean it's worth the investment. Market cap is just the calculation of the coin's total circulating supply multiplied by the current market price. What really matters is the project's real use cases to the mainstream world.

So far, it's been driven by hype instead of delivering concrete results to the public. There has been so many network outages in the past, which greatly damages Solana's reputation. With the FTX collapse, SOL will lose traction in the long run (especially when FTX was a major investor of the coin). There are far better alternatives that are much more reliable and decentralized than Solana. Instead of focusing on Solana, why don't you take a look at Cardano or Polygon instead? Just my thoughts Grin

Solana is promising, based on what I have read. They do have a fast blockchain. But above all, they have a great community that understand how powerful Solana is. In my country, the number of Solana developers is only less than the number of Solidity developers. And there have been several start-up companies using Solana for their layer 1. FTX is an absurd event. If Solana survive through this winter, I believe it deserves to stay in the top 20 for next 10 years

I intend to hold Solana but I am quite too late. If the price goes lower, I will definitely accumulate a lot.

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Quote from: solehdavid on January 21, 2023, 11:38:06 AM

i thought solana would somehow get back to the top 10 but to be honest this happened sooner than i expected. still if i had to choose between the two coins i would prefer etherium even if solana is recovering. in the long run i expect a lot from etherium

FTX is not owning solana. that's why people were not losing their trust to the solana. People are staring to trust solana again after there was a good partnership has come. You might see another token was pumping so hard like aptos.
Solana has been gaining the trust by investors again. I'm not feeling doubt if solana can come back again at the top but for me solana was over rated altcoin at this moment consider so many bad cases that happened with it

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Quote from: KiaKia on January 15, 2023, 02:59:52 AM

Solana is once again a top ten coin, I am starting to feel like I will regret not buying solana and hold for a long time because if this project survive it will bring the highest ROI in the list of top coins on coinmarketcap, the present value is even looking good, what is your take on Solana? Are you a believer or you think it won't do well for long.

Well, i am definitely not a believer in Solana as a long term coin, basically i consider pretty much all altcoins to be short term projects, they are more or less coins you acquire for short term profits which you accrue by selling off quickly when the coins pump, and later you go in search of other coins that are yet to pump, it is pretty risky to do, and akin to gambling, but if you get it right more often than not you might make some decent ROI.

Having said that, if you believe in SOL, then buy it, but make sure it is after you have done your own research, SOL has had a very unstable movement in the last couple of months, whilst i don't think it might survive at the top and be valuable for a long time, i might as well be completely wrong, every investor should do their research and take a stand on what to do, but personally i wouldn't buy SOL now.

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Quote from: Xal0lex on January 24, 2023, 07:35:23 AM

Although Solana is often referred to as a project that is pumped up by market makers from large funds, at the same time, a large number of NFT projects are unfolding on this network. Demand for the blockchain space was high even during the bearish trend. Despite its return to the top 10, Solana will have a long time of trouble with its blockchain, which is still in beta stage.

That's odd. I wonder why NFT creators prefer Solana as their blockchain network of choice when it's constantly a victim of network outages? I'm aware that there's no other blockchain as fast and cheap as Solana (please correct me if I'm wrong), but reliability/stability issues would force people to look elsewhere. Despite the setbacks, I'm hopeful Solana will deal with its issues in the long run until it becomes a "force to reckon with". It could rival the very existence of Ethereum, Cardano, and many others if developers lead it into the right direction.

SOL's market price was severely affected by the FTX collapse (the exchange had investments in the cryptocurrency after all), so it's going to take a long time to recover. Who knows if you get to cash out huge profits after it goes to the moon? Just my thoughts Grin

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Solona (SOL) coin is the fundamentally strong coin. Solona coin proved to be one of the most talked about this coin in the crypto space it past year. It seems that by 2030, the price on SOL coin can reach $300. So, if you want to invest in crypto & want to give pump to your investment try to invest in best currencies like eth, btc, SOL.

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Quote from: Abiky on January 23, 2023, 09:53:08 AM

Quote from: FanEagle on January 21, 2023, 09:55:22 AM

The key to SOL's future will be getting more and more projects. They are on the right track by attracting projects that could attract investors. They do not need to get investors directly to SOL, that's what the newbie tokens and such do, that's not the way SOL will go up.

However, if they could end up with getting huge projects based on SOL's network, that could be a lot better and it would definitely give them an edge over everyone else. That's what ETH and BNB did and they are at the top, and that is exactly what SOL need to do in order to make a noise. They do it, but not at enough levels and should be doing something higher for sure.

What sense would it make to attract more projects into the Solana network, if the same is literally broken? Developers must first focus on fixing the network's inherent issues, before talking about attracting the masses. They don't seem to care about putting Solana back in order, especially when there's a lot of money to be made. SOL is purely driven by hype, so I'd suggest you stay away from it if you want to prevent losses in the long run.

Whales may be keeping SOL among the top 10 ranks in market cap, but that may not last for long because of the reasons mentioned earlier. Who knows if Solana ultimately becomes history? Just my thoughts Grin

Although Solana is often referred to as a project that is pumped up by market makers from large funds, at the same time, a large number of NFT projects are unfolding on this network. Demand for the blockchain space was high even during the bearish trend. Despite its return to the top 10, Solana will have a long time of trouble with its blockchain, which is still in beta stage.

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Quote from: FanEagle on January 21, 2023, 09:55:22 AM

The key to SOL's future will be getting more and more projects. They are on the right track by attracting projects that could attract investors. They do not need to get investors directly to SOL, that's what the newbie tokens and such do, that's not the way SOL will go up.

However, if they could end up with getting huge projects based on SOL's network, that could be a lot better and it would definitely give them an edge over everyone else. That's what ETH and BNB did and they are at the top, and that is exactly what SOL need to do in order to make a noise. They do it, but not at enough levels and should be doing something higher for sure.

What sense would it make to attract more projects into the Solana network, if the same is literally broken? Developers must first focus on fixing the network's inherent issues, before talking about attracting the masses. They don't seem to care about putting Solana back in order, especially when there's a lot of money to be made. SOL is purely driven by hype, so I'd suggest you stay away from it if you want to prevent losses in the long run.

Whales may be keeping SOL among the top 10 ranks in market cap, but that may not last for long because of the reasons mentioned earlier. Who knows if Solana ultimately becomes history? Just my thoughts Grin

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Quote from: mich on January 21, 2023, 11:43:10 PM

Solana is now #10 on coinmarketcap and has taken the lead over Polygon. SOL is up 10% just in the last week with total marketcap of $9.2 billion.

I think much of this is because that Bitcoin also up 10% is the last 7 days. Since Bitcoin is up more then 50% from the 'bear market' and SOL has more then doubled since the crash of FTX now we are seeing more confidence in investors.

It seems the competition for that last spot on the top 10 is undergoing very heavy competition, because as of now Solana is outside of it again and now the spot is being held by OKB, which should not be surprising as there is only a difference of 170 million between OKB, SOL and MATIC, so even the slightest change in the value of those coins allows one of them to take that spot for themselves, and while holding such a spot may seem useless, it is not, as many investors are only interested in the top coins in the market.

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Solana is now #10 on coinmarketcap and has taken the lead over Polygon. SOL is up 10% just in the last week with total marketcap of $9.2 billion.

I think much of this is because that Bitcoin also up 10% is the last 7 days. Since Bitcoin is up more then 50% from the 'bear market' and SOL has more then doubled since the crash of FTX now we are seeing more confidence in investors.

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Quote from: solehdavid on January 21, 2023, 11:38:06 AM

i thought solana would somehow get back to the top 10 but to be honest this happened sooner than i expected. still if i had to choose between the two coins i would prefer etherium even if solana is recovering. in the long run i expect a lot from etherium

that sounds like right decision because comparing ethereum with solana certainly ethereum will become better investments in the long run even though it has lost so much of its value but that's also reason this coin gonna recover fast, meanwhile solana there's still many uncertainty, the value indeed increase quite high enough but that certainly doesn't mean their value gonna hold for long.

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Quote from: solehdavid on January 21, 2023, 11:38:06 AM

i thought solana would somehow get back to the top 10 but to be honest this happened sooner than i expected. still if i had to choose between the two coins i would prefer etherium even if solana is recovering. in the long run i expect a lot from etherium

Ethereum is more established than Solana so we can clearly see the edge of Ethereum when comparing them. However, Solana has been through ups and downs since last year but it's a good thing that it recovers and still reaching a good spot. It simply means that lots of investors still trust it. Solana still has a good potential to still recover continuously and reach a better value especially when the market recovers completely.

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i thought solana would somehow get back to the top 10 but to be honest this happened sooner than i expected. still if i had to choose between the two coins i would prefer etherium even if solana is recovering. in the long run i expect a lot from etherium

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The key to SOL's future will be getting more and more projects. They are on the right track by attracting projects that could attract investors. They do not need to get investors directly to SOL, that's what the newbie tokens and such do, that's not the way SOL will go up.

However, if they could end up with getting huge projects based on SOL's network, that could be a lot better and it would definitely give them an edge over everyone else. That's what ETH and BNB did and they are at the top, and that is exactly what SOL need to do in order to make a noise. They do it, but not at enough levels and should be doing something higher for sure.

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Quote from: Abiky on January 20, 2023, 06:02:31 AM

Whales keep pumping SOL for unknown reasons. But if the Solana blockchain itself keeps failing, the pump won't last for long.

Two days ago or so i was pretty sure, that a correction of the recent Solana price pumps was imminent and that we would see the price go back to the range between 16 and 18 dollars. Now it is obvious that the complete opposite has happened and now Solana is standing even 20 % higher than it was a few days ago. Thank god i did not buy any short options of Solana. Now it feels to late though for me to invest into Sol it just feels wrong for me to buy sonething that did cost 50% less 2 weeks ago.

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even though solana was somehow got entangled up with some of the collapsing platform it can't be denied that it somehow holds up its value really well instead it's even rising even though it was partly because of the meme coin but regardless it's still good feat anyways.
I think solana could easily regain its position above the rank of 10 if it could keep rising in value, we still don't know how solana will performs in bullish market but at least it's already having some good starts even before bullish.

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Quote from: Abiky on January 20, 2023, 06:02:31 AM

Quote from: KiaKia on January 15, 2023, 02:59:52 AM

Solana is once again a top ten coin, I am starting to feel like I will regret not buying solana and hold for a long time because if this project survive it will bring the highest ROI in the list of top coins on coinmarketcap, the present value is even looking good, what is your take on Solana? Are you a believer or you think it won't do well for long.

Whales keep pumping SOL for unknown reasons. But if the Solana blockchain itself keeps failing, the pump won't last for long. Just because it's among the top 10 ranks in market cap, doesn't mean it's worth the investment. Market cap is just the calculation of the coin's total circulating supply multiplied by the current market price. What really matters is the project's real use cases to the mainstream world.

So far, it's been driven by hype instead of delivering concrete results to the public. There has been so many network outages in the past, which greatly damages Solana's reputation. With the FTX collapse, SOL will lose traction in the long run (especially when FTX was a major investor of the coin). There are far better alternatives that are much more reliable and decentralized than Solana.

That is why I don't recommend investing in hyped projects, not it looks scammy but the situation is kinda a sort of warning as to what will happen after the price surge. Because in the bear situation of the market, you'll gonna be wondering why this is happening to Solana when the majority are in the dip. Of course, we can really think and assume that there is manipulation happening in this project, and investing in them could have something terrible to happen when the hype is over.

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Quote from: KiaKia on January 15, 2023, 02:59:52 AM

Solana is once again a top ten coin, I am starting to feel like I will regret not buying solana and hold for a long time because if this project survive it will bring the highest ROI in the list of top coins on coinmarketcap, the present value is even looking good, what is your take on Solana? Are you a believer or you think it won't do well for long.

Whales keep pumping SOL for unknown reasons. But if the Solana blockchain itself keeps failing, the pump won't last for long. Just because it's among the top 10 ranks in market cap, doesn't mean it's worth the investment. Market cap is just the calculation of the coin's total circulating supply multiplied by the current market price. What really matters is the project's real use cases to the mainstream world.

So far, it's been driven by hype instead of delivering concrete results to the public. There has been so many network outages in the past, which greatly damages Solana's reputation. With the FTX collapse, SOL will lose traction in the long run (especially when FTX was a major investor of the coin). There are far better alternatives that are much more reliable and decentralized than Solana. Instead of focusing on Solana, why don't you take a look at Cardano or Polygon instead? Just my thoughts Grin

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even though i've missed the chance with this coin when it got its value decreasing so significantly but I guess considering the fact that this coin still far from its all time high, quite fair enough to say that this coin recovery isn't that great, I'd say this coin will make it back to their former glory once they at least reached 75% of its all time high even though many said that probably already too late but with this coin i'd always rethink the decision twice before investing.

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Quote from: Kelvinid on January 18, 2023, 08:09:02 AM

Quote from: RAppleby on January 18, 2023, 03:53:33 AM

Solana is undoubtedly a serious competitor to Ethereum. Any project has advantages and disadvantages. I think Solana's processing speed is very fast. I like that very much. In contrast, the transaction processing speed of Ethereum is indeed a bit slow, and of course some people may not care about it. Matic can be seen recently. I wonder if the adoption of Polygon network by major companies has attracted the hype of Matic, but I also like Matic and bought it a long time ago. Solana's main focus is scalability and user-friendly applications, making it one of the best options for developers when considering a new blockchain platform other than Ethereum.

New projects like Solana have a great advantage when it comes to transaction fees and speed of confirmation compared to ETH. Therefore, it was expected that some ETH or ERC20 users will take Sol as their option. But if we talk about market potential profit, ETH is still unbeatable. Long-term investors will certainly be choosing ETH over Sol or any other altcoins. But something it was not a smart choice for short-term investors and for traders, they are practical enough when it comes to moving their coins as they could save transactions cost using Solana.

The problem with all of those coins which have tried to replace ethereum as the number two coin in the market and the most dominant altcoin is that at the beginning they seem to have the potential to replace it as they are faster and cheaper, but once they get to a certain size they begin to face the same problems ethereum has, and when that happens people stop supporting the coin with the same enthusiasm as if both coins have the same issues then they will prefer to support the coin which has the longest history in this market and which has a higher value.

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it might be just momentarily mainly because there is certainly better coins out there than solana, even like that I still think that solana might make up for it losses of its big share of value eventually so investing in solana might still makes some sense.
regardless though you should be careful allocating investment in solana, even if it could regain its position back, it still have bigger chance of collapsing just like its partner.

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Quote from: JeffBrad12 on January 17, 2023, 05:53:01 PM

Quote from: blockman on January 17, 2023, 12:56:39 PM

It's now at 11th rank while Polygon takes over the 10th place. Those that are regretting to say that they've missed buying it, you shouldn't feel regret on it.
Because if you look at the price of it right now, its ATH was a lot and then after the bull run the price went too low. So from $250+ ATH then it's down to $10 and now at $22. So, you name the price if it's a worthy time to buy it.

agreed with this one, the recent pump was some measly amount compared to what it has lost from bearish, so I don't think it could even reach that all time high ever again, even right now it hardly retains its value. moreover, the main reason it gets rise in value was because of meme coin, which of course not gonna last long. I think this solana rise in value was only momentarily so everyone that didn't invest in solana before the rise shouldn't really regrets their decision.

That's the truth with most altcoins, after hitting an ATH, they barely go back there. The reason is that there's always a new trend, and a new project that's too good for the eyes of the investors then it is there that they're going.
Even if we go back to the bull run times again, I have the same opinion that reaching back there with a 10x gain from its current price, if it's going to be back there again. It'll be hard or almost not going to be back.

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This is another story of Solana after some issues in the past, I think the supporters are building up high again. But we couldn't assure that the current momentum will keep that straight long, this can be temporary the same thing might happen to other coins. We are still in the bear market, we couldn't assume that the price will soar high like a bullish market, we'd rather not be confident enough about what we have seen.
Yes, it was a great deal for Solana holders but for those who have not, I would suggest analyzing the market firs before buying this coin.

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I Think that was a short time entry dear there are many strong contendor for these spots Dot, Matic , Near and on some level Atom too. So Sol community hold down SOL is on ventilator. I can't even count the flaws in SOL projects so be patient and watch how New Stars shine in the coming Bull era.

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Quote from: RAppleby on January 18, 2023, 03:53:33 AM

Solana is undoubtedly a serious competitor to Ethereum. Any project has advantages and disadvantages. I think Solana's processing speed is very fast. I like that very much. In contrast, the transaction processing speed of Ethereum is indeed a bit slow, and of course some people may not care about it. Matic can be seen recently. I wonder if the adoption of Polygon network by major companies has attracted the hype of Matic, but I also like Matic and bought it a long time ago. Solana's main focus is scalability and user-friendly applications, making it one of the best options for developers when considering a new blockchain platform other than Ethereum.

New projects like Solana have a great advantage when it comes to transaction fees and speed of confirmation compared to ETH. Therefore, it was expected that some ETH or ERC20 users will take Sol as their option. But if we talk about market potential profit, ETH is still unbeatable. Long-term investors will certainly be choosing ETH over Sol or any other altcoins. But something it was not a smart choice for short-term investors and for traders, they are practical enough when it comes to moving their coins as they could save transactions cost using Solana.

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Quote from: KiaKia on January 15, 2023, 02:59:52 AM

Solana is once again a top ten coin, I am starting to feel like I will regret not buying solana and hold for a long time because if this project survive it will bring the highest ROI in the list of top coins on coinmarketcap, the present value is even looking good, what is your take on Solana? Are you a believer or you think it won't do well for long.

The collapse of FTX had cascading effect on Solna due to its strong partnership with it, and it was generally believed by market participates that, it too will fail, but thanks to Solana management team who successfully avoided it. Solana is very strong presence if NFT sector beside its high speed of transactions.
It has shown good performance during the past weeks (its price almost doubled), since Bitcoin market started recovering.

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Quote from: KiaKia on January 15, 2023, 02:59:52 AM

Solana is once again a top ten coin, I am starting to feel like I will regret not buying solana and hold for a long time because if this project survive it will bring the highest ROI in the list of top coins on coinmarketcap, the present value is even looking good, what is your take on Solana? Are you a believer or you think it won't do well for long.

I actually have strong expectations for solana, if the developers are able to keep the blockchain and if they have the cabability to resist throughout thebear market then we havea good project to follow through

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Solana is undoubtedly a serious competitor to Ethereum. Any project has advantages and disadvantages. I think Solana's processing speed is very fast. I like that very much. In contrast, the transaction processing speed of Ethereum is indeed a bit slow, and of course some people may not care about it. Matic can be seen recently. I wonder if the adoption of Polygon network by major companies has attracted the hype of Matic, but I also like Matic and bought it a long time ago. Solana's main focus is scalability and user-friendly applications, making it one of the best options for developers when considering a new blockchain platform other than Ethereum.

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last year Solana coins however dumped the highest. Such dumping of Solana was really beyond our expectations. Because no one could have imagined that a coin in the top ten would disappear from the market like this. However Solana But started again from the end. Currently the price of one Solana coin is $22.99. But recently it appears that the market has been dumping a bit but it is very temporary. I think the market will be pumping big again very soon. Those who lost a lot by investing in Solana are now in a lot of relief.

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I'd say never ever trust solana even though it increase in value it could lost its value quite easily, there's still many rumours revolving around it and every rumour it could quite literally shaken the condition of solana.
the rank doesn't matter if the value fluctuates a lot, I think at current moment you better off investing in its alternatives that is ada and matic but regardless if you're so insistence in investing in this solana be sure to invest when the value still low or you could simply just wait until it decrease in value.

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Quote from: blockman on January 17, 2023, 12:56:39 PM

It's now at 11th rank while Polygon takes over the 10th place. Those that are regretting to say that they've missed buying it, you shouldn't feel regret on it.
Because if you look at the price of it right now, its ATH was a lot and then after the bull run the price went too low. So from $250+ ATH then it's down to $10 and now at $22. So, you name the price if it's a worthy time to buy it.

agreed with this one, the recent pump was some measly amount compared to what it has lost from bearish, so I don't think it could even reach that all time high ever again, even right now it hardly retains its value. moreover, the main reason it gets rise in value was because of meme coin, which of course not gonna last long. I think this solana rise in value was only momentarily so everyone that didn't invest in solana before the rise shouldn't really regrets their decision.

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Quote from: lalabotax on January 17, 2023, 04:22:33 PM

It seems that Solana's position is still uncertain and uncertain. When I checked this, Solana was in 11th place, below Polygon.
https://coinmarketcap.com/currencies/solana/
These two coins are indeed quite tight in competition because they managed to raise the trend at almost the same time with almost the same project concept with their respective uniqueness and pros and cons.
On the other hand, it seems that Solana has just faced a considerable drop of about -1.27% compared to Polygon.

Im not minding much in between these two projects yet its included on my portfolio.It doesnt matter or mind much about getting that top10 ranking spot as long it does give out some gains.

When we do speak about utility then this is what i do like on coins which do make use of their own blockchain rather than on focusing on projects which are really that using similar
which i dont really see for it to be interesting.

This is why it would really be suggestible to invest on some likes of these projects and hold.If you do tend to scalp then it isnt a bad idea but of course it would be more
risky.

lalabotax

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It seems that Solana's position is still uncertain and uncertain. When I checked this, Solana was in 11th place, below Polygon.
https://coinmarketcap.com/currencies/solana/
These two coins are indeed quite tight in competition because they managed to raise the trend at almost the same time with almost the same project concept with their respective uniqueness and pros and cons.
On the other hand, it seems that Solana has just faced a considerable drop of about -1.27% compared to Polygon.

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Quote from: Jackl87 on January 17, 2023, 07:03:34 AM

Solana took a massive hit during the whole FTX scandal and the following bankruptcy of FTX. Back then Solana dumped way harder than any other big crypto project (except the FTX token itself of course) mainly because Alameda Research and therefore FTX were the main investor of Solana. Then the panic of the other investors came and it dumped even lower. So it is no big surprise to me that Solana is now gaining a little more in the last few days were we have seen pretty nice gains in the entire crypto space.
I also think though, that this is not the start of a real bull run yet and that we are seeing at least a few setbacks before the bull really comes.

It's normal when someone who needs that much money and had that much SOL scared a lot of people. This was mainly because everyone thought that they would sell all of the SOL they had to pay for everything, and I am not sure if they actually did sell and that's why it dropped so hard or was it just the people who feared such a thing to happen, and that's why they sold and the price dropped that harshly.

I am not sure which one is the main reason for it but I am sure that it was definitely something that took some interest from people and it dropped hard. I do not see this recovery to be that legit neither, SOL hasn't shown anything promising so far, hence the increase is not justified in my mind.

wiss19

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Surviving doesn't mean it is also doing great so don't think it will be the coin to have the highest ROI as there are better coins out there but I think it's not bad to include Solana in our portfolio. This coin is showing that it is strong because even though it have some issues last time, the coin still manage to enter the 10 list.

We should only monitor it because we don't know what if the jump is only temporary or a kind of a trap? Going back earlier on the coins to have a higher ROI, I think it will only be Bitcoin because this coin is the first crypto and this is only the coin that is more guaranteed to last longer. That means more increase is going to be seen.

blockman

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It's now at 11th rank while Polygon takes over the 10th place. Those that are regretting to say that they've missed buying it, you shouldn't feel regret on it.
Because if you look at the price of it right now, its ATH was a lot and then after the bull run the price went too low. So from $250+ ATH then it's down to $10 and now at $22. So, you name the price if it's a worthy time to buy it.

fzkto

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Quote from: Hildentine on January 17, 2023, 12:22:30 PM

I think Solana is a good coin and many people invest in Solano coin .
According to my experience is that Solana again rise and the present time Solana position is very strong and many new projects come is Solana chain and the people interest show that it will soon add in top coins.

It was all good work by the market maker. First to create good news and launch projects like stepn to make the project popular. And then when the bear season started to show bad news, up to and including the collapse of FTX. Hopefully now the news will only be good news again!

Hildentine

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I think Solana is a good coin and many people invest in Solano coin .
According to my experience is that Solana again rise and the present time Solana position is very strong and many new projects come is Solana chain and the people interest show that it will soon add in top coins.

JunkieMiner

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As recently there were and still are some airdrops that has been on solana chain in only phantom wallet, as we can say them meme coin, I think there is a trend of Solana, so everyone like to join the trend and follow it, that's why I think Solana will take off to a next level in the coming days as due to these airdrops trends.

Xal0lex

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Quote from: KiaKia on January 15, 2023, 02:59:52 AM

Solana is once again a top ten coin, I am starting to feel like I will regret not buying solana and hold for a long time because if this project survive it will bring the highest ROI in the list of top coins on coinmarketcap, the present value is even looking good, what is your take on Solana? Are you a believer or you think it won't do well for long.

The market deceived many investors who thought Solana would fall to $5-7 and they would have a great opportunity to buy the coin at the bottom. The market also deceived those who traded derivatives on Solana and many got a margin call because they were sitting in short positions. Maybe a lot of people buried this asset early, which is why they are so surprised now. This is not surprising, in a bear market everything seems dead and hopeless.

Jackl87

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Quote from: KiaKia on January 15, 2023, 02:59:52 AM

Solana is once again a top ten coin, I am starting to feel like I will regret not buying solana and hold for a long time because if this project survive it will bring the highest ROI in the list of top coins on coinmarketcap, the present value is even looking good, what is your take on Solana? Are you a believer or you think it won't do well for long.

Well Solana took a massive hit during the whole FTX scandal and the following bankruptcy of FTX. Back then Solana dumped way harder than any other big crypto project (except the FTX token itself of course) mainly because Alameda Research and therefore FTX were the main investor of Solana. Then the panic of the other investors came and it dumped even lower. So it is no big surprise to me that Solana is now gaining a little more in the last few days were we have seen pretty nice gains in the entire crypto space.
I also think though, that this is not the start of a real bull run yet and that we are seeing at least a few setbacks before the bull really comes.

ethereumhunter

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Solana is currently eleventh on the CMC basis and I don't know if it is time for Solana to come back into the market with a price increase or if this is just a temporary increase. You should be careful if you want to buy Solana just because it hit a high yesterday. I haven't invested in Solana yet and will need some time to look into it and find out more. Maybe if there is good news from Solana's side, I will consider investing in Solana. But I'm still trying to buy more bitcoins before the bitcoin price really increases high.

Shinpako09

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Quote from: Ziskinberg on January 16, 2023, 05:55:35 AM

Good to see that patient holders get their rewards but this pump could be a warning for those who plan to buy now. I would say that gonna be a risky attempt.

Agreed. It's very risky to buy while it's up/rising. Prices are currently trading at $23.39, which is up 134% since the start of the year. Maybe the dump is just around the corner at this point. Who knows if the holders have reached or almost at their selling point.

Solana is one of the most promising alts to invest in. That is why I'm gonna add it to my portfolio soon but I'm gonna wait for it to drop again.

KennyR

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Solona is one among the potential project, so it's bounce back is much expected and the same have happened now. The fast transaction, performance, network stability and various other features makes the blockchain one among the best. Atleast for this reason the market of solona can be considered for investment. The recent FTX issue haven't left solona. It have reached the top list, but it is predicted to blast and as predicted it happened last year. Maybe short term investment will be safe for now.

shinratensei_

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even after series of crashes and many things that somehow try to bring down solana it still standing unwavered, I wonder if it's just that solana is that good.
solana indeed have the chance of increasing further, moreover the BONK pumps was indeed such a great help towards solana, but I still doubtful and reluctant investing in solana for the very reason that it could be losing its value easily compared with its competition like matic. I guess investing in solana gonna be roller coaster of investments, but meanwhile I still see investing in btc and eth more promising.

AakZaki

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Solana is one of my favorite altcoins and is on the list of investments I made. Although several incidents caused the price of solana to crash, currently solana is back at the 10th position on the CMC list. This proves that the Solana project can rise and become a profitable project in the future. Buying Solana when the price was completely destroyed yesterday will certainly provide quite a lot of profit. I'm just holding out for the long term, and I still believe the price of solana will still be higher ( DWYOR ). This is my personal choice and is my own responsibility. Bitcoin remains the top investment on my list.

ItsCrafty

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According to Coinmarketcap Solona is still in no 11 with 8.64 Billion volume and matic is in no 10 with 8.64 billion volume. It's not too big difference but matic is high demanding coins and can easily beat Solona. I remembered the previous pump of Solona when it's jump from 12$ to 39$ and then survive in bear market to 50$ and so on but the situation is now different because there are some competitive coins launched like Aptos.

el kaka22

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Definitely a pump and the part where it is going to be a dump is coming right away. I have to say that it's going to be something that is going to be troubling for most people when the price starts to go down and I fear that too many people will be impacted by this as well.

I get that it made some hyped movements and a lot of people ended up buying it, but I am warning everyone against getting too much of it because it will definitely end up with losing a lot of its valuation very soon. It's better to have just a bit of return but at least a return that you are proud of, that would be a lot better for all of us to make sure we invest into something trustworthy instead.

fzkto

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Quote from: Marykeller on January 16, 2023, 02:14:16 AM

Solana, Polkadot, and Matic are the three major altcoins that have caught my attention in this cryptosphere. The only reason why I didn't invest in Solana is because of how hackers attacked it last year and her terrible price decrease. That incident alone discouraged me not to invest in it. I thought that what happened to Luna would soon happen to it. Nevertheless, I think I will invest the amount I can afford to lose in Solana. Who knows what it will turn out to be tomorrow

Maybe these projects are really interesting and technological, with lots of innovations. But they all remind me of EOS. Back then, too, there was a lot of hype and record fees for ICOs. But in the end the project went unclaimed. I am afraid that Solana and Dot may suffer the same fate.

Ziskinberg

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Somewhat surprising but I see that Solana still has the potential to run for another huge pump. However, it didn't look so comfortable seeing this time, at this bear season to see such an increase in a short period of time while the majority of the market is still on the decline. For some reason, I didn't buy this coin but never I regret doing it because of its previous issue which also bring the price to dump badly.

Good to see that patient holders get their rewards but this pump could be a warning for those who plan to buy now. I would say that gonna be a risky attempt.

Savemore

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Quote from: crwth on January 15, 2023, 09:34:35 PM

Could you do it now, OP? Did you buy SOL already to continue and possibly HODL it? It is one of the coins you could profit from, especially if you are talking about NFTs and some projects that use it. It will still do well in the long run.

It's good to practice getting interested in projects even if it has low value or went low. That's the sale that will be worth it in the long run.

Quote from: Thomas Kralow on January 15, 2023, 09:15:53 PM

As one of the high-quality projects, I am very optimistic about SOLONA, which solves the scalability of the blockchain. Although there may be some bugs, I firmly believe that his future is bright. The silence of the bear market is not indicative of the future. I hope that in 2023, it will bring me good income, after all, I have persisted for a long time.

What the hell is SOLONA? Is that a new token? Shocked

SOLONA

Kidding aside, the SOL is one of the leaders in the market. It is now up with 130% in just 2 weeks. It even beats the general market wherein the BTC only up by 23% in 2 weeks. I have a good bias with SOL in these following months. Today, the price is still competitive wherein its breakouts in 100 EMA where it consider as a long term resitance. If the price of the SOL stays above the 100 EMA then we should expect something good with the SOL. I have also bag of SOLs, I intend to long term hold it so let's see what will happen to its price in this year.

michellee

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It looks like Solana wants to repeat its previous glory moment by trying to make it to the top of the top list. Maybe that can happen later, especially if the altcoin season returns so that Solana can gain investors' trust again. Meanwhile, it seems that people's attention is still focused on the movement of bitcoin, which can increase in a short time. Let's wait and see how Solana moves next and what the Solana team will say and if it's good news, some big investors can come back to the Solana project and invest in it.

mich

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I am very pleased that I did hodl most of my Solana tokens and we are being rewarded now. SOL is now #11 on coinmarketcap after losing 80% over the year and was down more then 94% just 1 month ago.
And the 'Ethereum killer' has seeing high trades in volume. It has doubled this month with highs back to $24.65 and a marketcap of $8.6 billion. Not very far behind Polygon with marketcap of $8.9 billion so can swap again soon now.

Marykeller

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Solana, Polkadot, and Matic are the three major altcoins that have caught my attention in this cryptosphere. The only reason why I didn't invest in Solana is because of how hackers attacked it last year and her terrible price decrease. That incident alone discouraged me not to invest in it. I thought that what happened to Luna would soon happen to it. Nevertheless, I think I will invest the amount I can afford to lose in Solana. Who knows what it will turn out to be tomorrow

landheer

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Solana is a quality coin and is very much in demand and right now if you see the market price of Solana has increased by 6%, it means that the Solana coin has good potential. but the ranking we won't know in the future, but what is clear is that Solana is now ranked 11th on CMC. and position 10 is occupied by , MATIC.

Pandji02

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Well, another month, another hacking story from SOL. An unauthorized actor accessed and exported certain user data from the Solana Foundation’s Mailchimp instance. I don't understand how to trust SOL at this point. It's not the first problem that happened recently.

Odusko

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Solana have done an amazing recovery movement in the last few days back and climbing back to the top 10 on coinmarket cap is quite an exciting movement that anyone should take note of, Solana dumped hard when the FTX bankruptcy sega was at its highest impact and investors were cashing out all their cryptocurrency investment which led to the dump of solana price in the first place.
At some point, Solana was connected to FTX but gradually we discovered that solana is a chain on its own and the project has some potential even the Ethereum developer and CEO confirmed the project's potential and how Solana can be one of the best projects in the industry, so this latest recovery is most expected.

yazher

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Quote from: Nwada001 on January 15, 2023, 05:20:07 AM

Solana and polygon Matic have been fighting for that 10th position for some time11 now.. as of the time of this reply Polygon Matic is top 10 bringing down Solana 11 position. Both coins are of two great blockchains but I believe polygon have lot's of demand more than the Solana.

Those projects are both active and they need to keep it up because the competitions in their category are tight and if they slack off, another one will take their place. It has been a trend in the past that these two projects will be more likely to become the next BNB or ETH but as we can see, they are far from it and they really need to work to continue updates and develop their platform. Especially in this time of the crypto season when investors are losing hope in the other coins because of their lack of activities they need to take advantage of the current situation to attract more investors this year to further improve their projects.

crwth

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Could you do it now, OP? Did you buy SOL already to continue and possibly HODL it? It is one of the coins you could profit from, especially if you are talking about NFTs and some projects that use it. It will still do well in the long run.

It's good to practice getting interested in projects even if it has low value or went low. That's the sale that will be worth it in the long run.

Quote from: Thomas Kralow on January 15, 2023, 09:15:53 PM

As one of the high-quality projects, I am very optimistic about SOLONA, which solves the scalability of the blockchain. Although there may be some bugs, I firmly believe that his future is bright. The silence of the bear market is not indicative of the future. I hope that in 2023, it will bring me good income, after all, I have persisted for a long time.

What the hell is SOLONA? Is that a new token? Shocked

pawanjain

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Back in the previous bull run Solana has been a very promising coin and had generated great profits for the investors.
But at the same time it was dumped heavily in the bear trend. Also, it had halted quite a few times in bearing trend which is definitely not a good sign.
I guess its good to invest a little portion of portfolio into SOL just so that we don't miss the boat.

bittraffic

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Quote from: cryptoaddictchie on January 15, 2023, 08:07:57 PM

Quote from: KiaKia on January 15, 2023, 02:59:52 AM

Solana is once again a top ten coin, I am starting to feel like I will regret not buying solana and hold for a long time because if this project survive it will bring the highest ROI in the list of top coins on coinmarketcap, the present value is even looking good, what is your take on Solana? Are you a believer or you think it won't do well for long.

Of course everyone would be entice with its current price since sol skyrocketed a lot during the time of bull run and having this price now will be so good for new players and even traders. The market is so volatile that we dont know if we can see those ATH and surpass it once again but its definitely a good one to think of. I dont have any sol as I like other L1 than sol but my take is that it will be great again if the developer focuses on the network upgrade and not just on hype.

Before the FTX collapsed I was wishing SOL to dive down to $10 but when it did, I wasn't interested anymore. I got what I wish but I didn't buy SOL though. It doesn't look good anymore when I know it's being pumped by FTX guys and we know SOL is one of the tokens they hold just like the FTT holding during thier collapse

Anyone who bought at the price of $10 raised more than double. But what I'm surprised about is the pump last week which might also go plummeting next, SOL price could also dive which is another blow for those who bought.

Thomas Kralow

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Quote from: KiaKia on January 15, 2023, 02:59:52 AM

Solana is once again a top ten coin, I am starting to feel like I will regret not buying solana and hold for a long time because if this project survive it will bring the highest ROI in the list of top coins on coinmarketcap, the present value is even looking good, what is your take on Solana? Are you a believer or you think it won't do well for long.

As one of the high-quality projects, I am very optimistic about SOLONA, which solves the scalability of the blockchain. Although there may be some bugs, I firmly believe that his future is bright. The silence of the bear market is not indicative of the future. I hope that in 2023, it will bring me good income, after all, I have persisted for a long time.

cryptoaddictchie

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Quote from: KiaKia on January 15, 2023, 02:59:52 AM

Solana is once again a top ten coin, I am starting to feel like I will regret not buying solana and hold for a long time because if this project survive it will bring the highest ROI in the list of top coins on coinmarketcap, the present value is even looking good, what is your take on Solana? Are you a believer or you think it won't do well for long.

Of course everyone would be entice with its current price since sol skyrocketed a lot during the time of bull run and having this price now will be so good for new players and even traders. The market is so volatile that we dont know if we can see those ATH and surpass it once again but its definitely a good one to think of. I dont have any sol as I like other L1 than sol but my take is that it will be great again if the developer focuses on the network upgrade and not just on hype.

Silberman

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Quote from: KiaKia on January 15, 2023, 02:59:52 AM

Solana is once again a top ten coin, I am starting to feel like I will regret not buying solana and hold for a long time because if this project survive it will bring the highest ROI in the list of top coins on coinmarketcap, the present value is even looking good, what is your take on Solana? Are you a believer or you think it won't do well for long.

MATIC and SOL are very close as there is only a difference of 200 millions when it comes to their market caps so I would guess they will exchange positions often during the next weeks, however SOL has been the coin which has presented the biggest recent growth in the top 25 and if this trend continues it would not be odd for SOL to at some point get the 10 position in terms of market cap and not let it go as the community has shown a lot of interest in it lately.

klidex

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For now, the ongoing trend is memcoin or Shitcoin, which uses more networks than Solana.
So it's only natural that Solana can take position 10 again, but this trend won't last long because the Shitcoin trend is only influenced by the ongoing hype.
We can prove and witness for ourselves that within the next few months the hype will disappear by itself and Solana will return to its original position.
Memcoin or Shitcoin is just a token that is used by whales to be able to manipulate a trade so that they can easily generate huge profits. So we have to be careful and always do research if we want to get into the Shitcoin we trust.

fzkto

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Quote from: BIT-BENDER on January 15, 2023, 11:49:39 AM

Although I am not a fan of Altcoin and if I were to ever be part of or invest in any Altcoin it would be Ethereum and that’s because it has a more reliable history than any other Altcoin.

But to be honest Solana has really surprised me this year. I know of a friend who bought Solana last year but still sold it out last year because of how bad it was doing. But right now Solana is probably doing the most in the Altcoin market right now.

Ether was also once a common shitcoin. And after the breakdown of The DAO, everyone buried Ethereum and even vice versa, pinned their hopes on ETC. But now we all see what kind of gains ETH made. Of course, I don't believe that Solana will repeat its success, but it seems to me that it won't die.

BIT-BENDER

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Although I am not a fan of Altcoin and if I were to ever be part of or invest in any Altcoin it would be Ethereum and that’s because it has a more reliable history than any other Altcoin.

But to be honest Solana has really surprised me this year. I know of a friend who bought Solana last year but still sold it out last year because of how bad it was doing. But right now Solana is probably doing the most in the Altcoin market right now.

bittraffic

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We've already jumped out of that Sol Boat to another. If it pumped again, I'm guessing the ones who pump SOL are the ones who also have bought all SOL in the market, most likely Alameda and its backers. But true, this is really going to make you earn a lot if it goes more than $100 soon. Even if you start buying now, it's still a good wait to make it. Good luck to us altcoins a.k.a shitcoins speculators Grin

fzkto

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Quote from: GreatArkansas on January 15, 2023, 06:00:28 AM

I believe Solana just went dumped too hard and really devasted is because of what happened to FTX Exchange. FTX Exchange is a major backer of Solana and last cycle, FTX Exchange is treating Solana as the Binance Smart Chain (BSC) of Binance Exchange, or CRO of Crypto.com.
So for now, I am more positive with Solana because it's still here even what happened to FTX Exchange, Solana is the best L1 alternative after Ethereum.

Yes, it is very good that the system is recovering despite the fact that many thought solana refers to FTX exchange, but now there is no doubt that solana is not an exchange token, but a normal blockchain with many advantages over other blockchains. So I think solana will take its place in the future.

Yatsan

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Quote from: tvplus006 on January 15, 2023, 10:37:52 AM

Quote from: KiaKia on January 15, 2023, 02:59:52 AM

Solana is once again a top ten coin, I am starting to feel like I will regret not buying solana and hold for a long time because if this project survive it will bring the highest ROI in the list of top coins on coinmarketcap, the present value is even looking good, what is your take on Solana?

It is impossible to know in advance which coin will bring the highest ROI to the investor. And we will see many more examples like Solana in the next bull run. And if you are upset now that you did not buy Sol at the lowest price, I think the market will still give you such a chance.

Highest ROI or Profit? ROI should simply be a breakeven of what you have engaged on this industry. But indeed it is impossible to know which cryptocurrency would generate more profit because that would depend on the amount you have invested and the coin you chose. On my end, I am never seeking for the best one; earning profit would be enough because that'll just give me regret monitoring which coin should have I invested even if that would be impossible to be certain of in the first place; you'd only know it once an increase occur. Also, it will never be too late to invest not only on Solana but to others as well. The market still is down by a high percentage since ATH, and if you will be choosing the right coin, profit will surely be earned once bullish trend enter this industry.

tvplus006

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Quote from: KiaKia on January 15, 2023, 02:59:52 AM

Solana is once again a top ten coin, I am starting to feel like I will regret not buying solana and hold for a long time because if this project survive it will bring the highest ROI in the list of top coins on coinmarketcap, the present value is even looking good, what is your take on Solana?

It is impossible to know in advance which coin will bring the highest ROI to the investor. And we will see many more examples like Solana in the next bull run. And if you are upset now that you did not buy Sol at the lowest price, I think the market will still give you such a chance.

o48o

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Quote from: stadus on January 15, 2023, 08:37:17 AM

Quote from: KiaKia on January 15, 2023, 02:59:52 AM

Solana is once again a top ten coin, I am starting to feel like I will regret not buying solana and hold for a long time because if this project survive it will bring the highest ROI in the list of top coins on coinmarketcap, the present value is even looking good, what is your take on Solana? Are you a believer or you think it won't do well for long.

-cut-
In fact, there are a lot of coins that are more profitable than Solana, buy ETH and Bitcoin instead as it was worth regretting of not taking the move.
-cut-

More profitable how? Sure, it went crashing down and you are talking about that in present tense like now, sol is heavily oversold and has ton of room to grow.
During this pump of 2 weeks now, SOL up 132%. Eth is up 28.7% and BTC 22.9. And with Vitalic comments i am guessing that the bottom for SOL was in.

So can you revisit and elaborate your comment?

stadus

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Quote from: KiaKia on January 15, 2023, 02:59:52 AM

Solana is once again a top ten coin, I am starting to feel like I will regret not buying solana and hold for a long time because if this project survive it will bring the highest ROI in the list of top coins on coinmarketcap, the present value is even looking good, what is your take on Solana? Are you a believer or you think it won't do well for long.

I guess you don't unless you do nothing during the market crash and don't get affected by those few pumps. In fact, there are a lot of coins that are more profitable than Solana, buy ETH and Bitcoin instead as it was worth regretting of not taking the move.

Well, anyways, good thing it happens to Solana but it is not enough to convince me of the potentiality of the project after having some issues connecting to this project.
https://news.coincu.com/100844-why-solana-is-the-biggest-scam-in-crypto/

o48o

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Quote from: KiaKia on January 15, 2023, 02:59:52 AM

Solana is once again a top ten coin, I am starting to feel like I will regret not buying solana and hold for a long time because if this project survive it will bring the highest ROI in the list of top coins on coinmarketcap, the present value is even looking good, what is your take on Solana? Are you a believer or you think it won't do well for long.

I bought it and made money but i was buying a lot of other coins too so only small fraction went to Solana. And i guess that's always the problem with me. Every time i invest i feel i made a mistake because i didn't invest enough. Then again i have lost so many times i should understand that being too greedy a sure way to to get rekt or rich. And that it's better to 100x 10% of your money and regret not investing more then let 50% of your money drop to zero or 100x

GreatArkansas

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I believe Solana just went dumped too hard and really devasted is because of what happened to FTX Exchange. FTX Exchange is a major backer of Solana and last cycle, FTX Exchange is treating Solana as the Binance Smart Chain (BSC) of Binance Exchange, or CRO of Crypto.com.
So for now, I am more positive with Solana because it's still here even what happened to FTX Exchange, Solana is the best L1 alternative after Ethereum.

Nwada001

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Solana and polygon Matic have been fighting for that 10th position for some time11 now.. as of the time of this reply Polygon Matic is top 10 bringing down Solana 11 position. Both coins are of two great blockchains but I believe polygon have lot's of demand more than the Solana.

KiaKia

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Solana is once again a top ten coin, I am starting to feel like I will regret not buying solana and hold for a long time because if this project survive it will bring the highest ROI in the list of top coins on coinmarketcap, the present value is even looking good, what is your take on Solana? Are you a believer or you think it won't do well for long.

Topic: Solana takes back top 10 position (Read 638 times)