Topic: Why is Solana still among the top 10 coins in market cap? - page 3. (Read 346 times)
I think that most of the increase in crypto prices comes in the midst of a wider surge in the equity market, because the US market remains closed for national holidays in the US. This opportunity was apparently used by Whales investors who decided to buy up crypto or buy the Dip Assets when the price was down.
Cause top 10 pretty follows which marketcap is on the lead. Well solana still high on marketcap so thats why they are still on top. If someone overtake their cap then some will advance. Its not about the tech when it comes to ranking on cmc, coingecko or coins out there. Its the quantity of volume and marketcap they are basing the ranking whether the token or coin is worthless one.
In terms of security, clearly the one you mentioned are good ones and more dominant than solana and probably other chains but its not like that.
(example)
Even shiba can surpass btc on ranking if he surpass the marketcap of btc even their project is just a meme and has no vital utility.
In terms of security, clearly the one you mentioned are good ones and more dominant than solana and probably other chains but its not like that.
(example)
Even shiba can surpass btc on ranking if he surpass the marketcap of btc even their project is just a meme and has no vital utility.
I can't understand why Solana is still at the top, when it's been a victim of constant network outages and hacks. For a Blockchain network which aims to provide unparalleled processing times and low costs, this instability makes everyone look elsewhere. But for some reason, SOL hasn't gone all the way down to zero. Maybe whales want to keep Solana afloat for their own benefit? Whatever the case may be, there isn't any indication Solana will disappear anytime soon. The project's developers still haven't solved the outage issue, so why would you use Solana when there are far better blockchain networks which focus on security and reliability (eg: Cardano and Ethereum)?
What are your thoughts? Your input will be greatly appreciated. Thanks.
What are your thoughts? Your input will be greatly appreciated. Thanks.
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