If you compare srlan with ethereum, then Ethereum works stably, unlike Solana.
Bots brought Solana to a halt again – this is the seventh time this year
If we talk about investments, then you can find a dozen promising projects that have not yet given a profit to investors.
Topic: Solana’s position in the space. - page 2. (Read 273 times)
Solana took a pretty big hit since the market has been down.
Are people confusing the quality of a product with the shop that’s vending it?
Are people confusing the quality of a product with the shop that’s vending it?
I have seen negative threads and articles about Solana here in this forum, but also on other crypto related channels and websites way before all the stuff with the bankruptcy of FTX even happened. In those articles the people were mainly criticizing that Solana is a very centralized crypto project and that this centralization is against everything that crypto projects should stand for. It is the same with XRP, which is also heavily centralized.
I also think that Solana will have a hard time to prevail because there are other projects coming up, that are doing similar things like Solana. Aptos for example was listed recently. Of course Aptos also took a hefty hit because there also Alameda (FTX) was the biggest investor, but that was just an example of new projects coming up, that are competitors to Solana.
everyone is afraid of their investments going down?
It would be my first purchase of sol, personally. This speculation is more friendly to someone who never invested in them before. Also, the market is kinda absorbing the forced selling of sol very well no? New opportunity, quite like people saying bitcoin price going down is a chance for new adopters to get in and bad players to get out.
Not really sure why we have Sol threads as of late, did it really have a lot of investors from this community? Or they just jump on the hype recently and then when the price goes down, everyone is afraid of their investments going down?
I think those investors seen really the growth of Solana and how it's likely to be dominating the NFTs and the same experience as what ETH did before.But, it just so happen that there were attacks and hacks that has happened which led many of those investors to look at the true potential of it.
With many of its former developers leaving, and that actually hit them as investors also leave them because these hacks or outages are not doing good for any project like solana.
Not really sure why we have Sol threads as of late, did it really have a lot of investors from this community? Or they just jump on the hype recently and then when the price goes down, everyone is afraid of their investments going down?
In any case, it's really hard to predict where Sol is going at this bear market. Every is taking a hit because of what had happen to FTX and to Terra Luna as it affected the market negatively. So for now, no one will know where we are heading, even ETH, the top altcoin is also down big this year.
In any case, it's really hard to predict where Sol is going at this bear market. Every is taking a hit because of what had happen to FTX and to Terra Luna as it affected the market negatively. So for now, no one will know where we are heading, even ETH, the top altcoin is also down big this year.
Solana took a pretty big hit since the market has been down.
Are people confusing the quality of a product with the shop that’s vending it?
NFT’s fell off as BTC and ETH dropped from their 2021 ATH’s.
FTX event saw massive forced selling from at both the institutional and retail investor level.
Solana has seen a few hour long outages, (one being caused by a single node apparently?).
Ethereum also had a few bumps in the road when looking at its history.
Investors will naturally gravitate to faster, cheaper, and what’s easy to use/scalable.
Anatoly claims that Solana is purely being stress tested on Logan Jastremski’s podcast on YouTube.
https://youtu.be/_csMor-uMS8
Furthermore, both him and co-founder Raj Gokal seem super chill during the hour long segment, and discuss all of:
-the protocols limits
-solanas narrative
-solanas view on their partners
-misconceptions and FTX event perspective
How do you guys feel about it? I mean, it’s sitting far below its ATH at ~250 currently trading at ~12.
Something that makes me personally interested is the fact that ledger released a new hardware wallet called “stax” that supports a little NFT wallpaper. https://shop.ledger.com/pages/ledger-stax
With CEX’s being boycotted, crypto is making its way to hardware wallets like never before.
Will the new cycle of investors who chose to hold their coin on their ledger stax cause increased demand and activity on NFT based protocols like solana?
Are people confusing the quality of a product with the shop that’s vending it?
NFT’s fell off as BTC and ETH dropped from their 2021 ATH’s.
FTX event saw massive forced selling from at both the institutional and retail investor level.
Solana has seen a few hour long outages, (one being caused by a single node apparently?).
Ethereum also had a few bumps in the road when looking at its history.
Investors will naturally gravitate to faster, cheaper, and what’s easy to use/scalable.
Anatoly claims that Solana is purely being stress tested on Logan Jastremski’s podcast on YouTube.
https://youtu.be/_csMor-uMS8
Furthermore, both him and co-founder Raj Gokal seem super chill during the hour long segment, and discuss all of:
-the protocols limits
-solanas narrative
-solanas view on their partners
-misconceptions and FTX event perspective
How do you guys feel about it? I mean, it’s sitting far below its ATH at ~250 currently trading at ~12.
Something that makes me personally interested is the fact that ledger released a new hardware wallet called “stax” that supports a little NFT wallpaper. https://shop.ledger.com/pages/ledger-stax
With CEX’s being boycotted, crypto is making its way to hardware wallets like never before.
Will the new cycle of investors who chose to hold their coin on their ledger stax cause increased demand and activity on NFT based protocols like solana?
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