Solana blockchain

[doubletheprof]

I'd rather be watching kaspa. Brighter future than Solana.

[Out of mind]

I'd rather be watching kaspa. Brighter future than Solana.

However, if you want to invest, always think carefully so that you don't lose. When you make such a decision to invest, you must know good details about that coin, or else you might. However, Silana is not that bad a coin is in a very good position in the current market and if you invest in it your future is sure to be bright.

[Abiky]

I don't agree with you about the comparison between Solana and ETH. Solana will be more popular with many people in the future than ethereum, even though the prices of the two are very different, but when many people complain about the expensive fees paid for ethereum, it doesn't hurt to hold or invest in solana. everything is fast and cheap, let's see the light that shines from Solana in 2024

"Fast and cheap" at the cost of centralization and unreliability. Totally not worth it, in my opinion. If you're only planning to use SOL for quick trades or micropayments, this shouldn't be much of a problem. But if you want to preserve your capital for the long term, I'd suggest you look elsewhere. You can hold both SOL and ETH if you want. The decision is yours.

Time will tell us which chain(s) will survive as crypto/Blockchain tech is put up to the test. Just remember to never invest more than what you can't afford to lose, and there should be nothing to worry about.

[goldkingcoiner]

On the low liquidity exchange Poloniex, the Solana withdrawals are paused and the price dropped over 35% from the market price and currently it is 5% below normal price. Obviously once they resume withdrawals, the prices will sync back to market price. Do you guys see this as a good opportunity to make a free 5% profit? Or do you guys think that they will take ages to resume the withdrawals and the price will keep falling in the coming days?

I am going to take advantage since this is not the first time this has happened and withdrawals usually resume in days.

[MiauKitchen]

Solana can maintain momentum for several years.
This means that even though Solana is a blockchain, it is able to provide the best for investors.
But that way of course we need to be vigilant because crypto performance is unpredictable.

[idarasun]

Solana can maintain momentum for several years.
This means that even though Solana is a blockchain, it is able to provide the best for investors.
But that way of course we need to be vigilant because crypto performance is unpredictable.

Yes, that's how crypto is, it has become a yellow light for me to play with it, many events beyond reason affect all these movements, especially many coins that are tempting but cannot be confirmed.

[Nechiequ]

Solana can maintain momentum for several years.
This means that even though Solana is a blockchain, it is able to provide the best for investors.
But that way of course we need to be vigilant because crypto performance is unpredictable.

I think that almost all types of crypto cannot be ascertained, sometimes in crypto we have to be careful to understand fundamental analysis because most of them analyze with technical analysis always misses, especially when well-known companies are involved in it

[fzkto]

On the low liquidity exchange Poloniex, the Solana withdrawals are paused and the price dropped over 35% from the market price and currently it is 5% below normal price. Obviously once they resume withdrawals, the prices will sync back to market price. Do you guys see this as a good opportunity to make a free 5% profit? Or do you guys think that they will take ages to resume the withdrawals and the price will keep falling in the coming days?

I am going to take advantage since this is not the first time this has happened and withdrawals usually resume in days.

It's normal when the withdrawal is blocked and the price has dropped. In a few days, if withdrawals are resumed again, the price will become the market price. But if you have the opportunity to buy, it's probably a good idea to take advantage of it. But sometimes sell-offs on poloniex are an indicator of market movement, so you need to be careful.

[Abiky]

On the low liquidity exchange Poloniex, the Solana withdrawals are paused and the price dropped over 35% from the market price and currently it is 5% below normal price. Obviously once they resume withdrawals, the prices will sync back to market price. Do you guys see this as a good opportunity to make a free 5% profit? Or do you guys think that they will take ages to resume the withdrawals and the price will keep falling in the coming days?

I am going to take advantage since this is not the first time this has happened and withdrawals usually resume in days.

If you believe in Solana, then I'd say "go for it". But constant network outages makes me think twice before putting my own money in it. Some say the upcoming "Firedancer" node software release by Jump Crypto will solve Solana's reliability problems once and for all. I'm yet to see whenever that'll be the case in the coming months.

If Solana proves to be a reliable ETH alternative, there won't be nothing stopping it from reaching a new ATH. I'd proceed with caution just to be safe. We can't predict the future, so lets hope for the best.

[goldkingcoiner]

On the low liquidity exchange Poloniex, the Solana withdrawals are paused and the price dropped over 35% from the market price and currently it is 5% below normal price. Obviously once they resume withdrawals, the prices will sync back to market price. Do you guys see this as a good opportunity to make a free 5% profit? Or do you guys think that they will take ages to resume the withdrawals and the price will keep falling in the coming days?

I am going to take advantage since this is not the first time this has happened and withdrawals usually resume in days.

If you believe in Solana, then I'd say "go for it". But constant network outages makes me think twice before putting my own money in it. Some say the upcoming "Firedancer" node software release by Jump Crypto will solve Solana's reliability problems once and for all. I'm yet to see whenever that'll be the case in the coming months.

If Solana proves to be a reliable ETH alternative, there won't be nothing stopping it from reaching a new ATH. I'd proceed with caution just to be safe. We can't predict the future, so lets hope for the best.

Well, it is not really as much as a belief in Solana as a reliable ETH alternative as it is rather a belief that it is safe to buy and hold (for a week or two) smaller amounts of Solana on low liquidity exchanges like Poloniex during events in which the price can be expected to diverge due to a problem with the exchange itself. This happens everytime, with any altcoin when a low liquidity exchange decides to "pause withdrawals" to fix the wallet. People panic and start selling their SOL because they think something bad is going to happen. A sudden 60% drop in price is a good chance.

The only danger here is that the exchange might not resume the withdrawals or something happens to the altcoin itself, while you are holding it.

[fzkto]

On the low liquidity exchange Poloniex, the Solana withdrawals are paused and the price dropped over 35% from the market price and currently it is 5% below normal price. Obviously once they resume withdrawals, the prices will sync back to market price. Do you guys see this as a good opportunity to make a free 5% profit? Or do you guys think that they will take ages to resume the withdrawals and the price will keep falling in the coming days?

I am going to take advantage since this is not the first time this has happened and withdrawals usually resume in days.

If you believe in Solana, then I'd say "go for it". But constant network outages makes me think twice before putting my own money in it. Some say the upcoming "Firedancer" node software release by Jump Crypto will solve Solana's reliability problems once and for all. I'm yet to see whenever that'll be the case in the coming months.

If Solana proves to be a reliable ETH alternative, there won't be nothing stopping it from reaching a new ATH. I'd proceed with caution just to be safe. We can't predict the future, so lets hope for the best.

Many investors made huge profits when they bought solana at the previous bottom. The workings of the blockchain have not changed since then. I think that in the near future nothing will change and the blockchain will not work stably. But now it is probably too late to buy coins.

[mich]

Well Solana is having big gains in just the last 7 days. It is up more then 25%. I wonder if those big gains is because SBF was telling security guards to buy Solana.

https://nypost.com/2024/02/29/business/sam-bankman-fried-reportedly-gives-crypto-tips-to-brooklyn-jail-guards-heres-his-top-pick/

[Sayeds56]

Hello guys
Is this really a good project to invest in Solana?Any price prediction in future?
Mainnet is coming in Q3.
Please suggest me...
Thanks

Solana has emerged as a prominent  block chain with high speed of transactions resulting in lower transaction fees. It has registered tremendous growth since it was launched. This network is also famous for creating NFTs at comparatively lower cost. Fortunately, I booked substantial profit when i purchased Solana coins at less than $10 and currently it is trading above $130.

Despite its all successes, it has been facing  network outage from time to time which is a challenging situation and raises questions about its decentralization. however, there is optimism that team is committed team and will do all they can to overcome this long standing issue.

[tengui]

Solana's recent price increase has been extraordinary, if there is a significant price increase other than BTC or ETH then it is Solana. this is the solana that has been missing for a long time and now solana has returned and is ranked 5th in the CMC. If this situation continues it is certain that BNB's position will be shifted by Solana.

[Sayeds56]

Solana's recent price increase has been extraordinary, if there is a significant price increase other than BTC or ETH then it is Solana. this is the solana that has been missing for a long time and now solana has returned and is ranked 5th in the CMC. If this situation continues it is certain that BNB's position will be shifted by Solana.

It is true that Solana has seen impressive price surge and gained significant popularity. This is the result of advancement in scalability and functionality of Solana network. The rise of Solana to 5th position on coinmarketcap is a noteworthy achievement, and its improving performance can potentially challenge other players, such as BNB coin. however, it is very challenging task to predict future of any digital asset with accuracy due to high volatility of cryptocurrencies market.

[Abiky]

Many investors made huge profits when they bought solana at the previous bottom. The workings of the blockchain have not changed since then. I think that in the near future nothing will change and the blockchain will not work stably. But now it is probably too late to buy coins.

The blockchain could improve if developers put their efforts into it. There are rumors that a new third-party node software (Firedancer) will solve Solana's network outages for good. If that happens, we should expect SOL to become a reliable cryptocurrency for payments and all things "De-Fi". I would never compare it against Ethereum because of it's semi-centralized design. But nothing can beat Solana in terms of cost-efficiency and performance.

Imagine how big it will grow with the approval of a Solana spot ETF by the SEC. The sky is the limit to how far will the cryptocurrency go. Crypto land often behaves in many strange and bizarre ways, so expect the unexpected.

[mich]

Well crypto asset manager Pantera Capital now wants to buy the Solana tokens from ftx exchange. They can buy $250 Million worth of the tokens.

It is for the Pantera Solana Fund. https://finance.yahoo.com/news/pantera-raising-funds-buy-big-111934271.html

[Abiky]

Well crypto asset manager Pantera Capital now wants to buy the Solana tokens from ftx exchange. They can buy $250 Million worth of the tokens.

It is for the Pantera Solana Fund. https://finance.yahoo.com/news/pantera-raising-funds-buy-big-111934271.html

They want to buy SOL at a heavily-discounted price. The only way this will happen is if there's a massive bloodbath in market prices. Maybe someone is planning to massively dump SOL tokens soon?

I sure hope Solana will be able to keep its promise of fixing network outages for good. Once that's settled, then we can talk about spot ETFs, a new ATH, etc. The crypto market often behaves in many strange and bizarre ways. So lets hope for the best.

[mich]

Well it is good to be safe and the devs say to revoke app permissions. That is because there is big attacks because o the meme coins.

This is now from the financial losses from unauthorized access to the apps.  https://crypto.news/solana-users-urged-to-revoke-app-permissions-amid-massive-drain-attack/

[Abiky]

Well it is good to be safe and the devs say to revoke app permissions. That is because there is big attacks because o the meme coins.

This is now from the financial losses from unauthorized access to the apps.  https://crypto.news/solana-users-urged-to-revoke-app-permissions-amid-massive-drain-attack/

Something similar happened to Ethereum a while ago. Hackers were siphoning funds from people's wallets through dApp permissions. I guess no Blockchain with smart contract features is immune from this. Solana is known to be less secure than Ethereum, so we should expect greater vulnerabilities than the one mentioned. At least, SOL users were advised to take action.

I sure hope Solana achieves resiliency to become a fierce ETH competitor in the future. Firedancer node upgrade may just be the beginning of a wonderful journey for the project. With "meme" coins "pumping" SOL's market price, Solana will be here to stay. It's VCs' favorite coin, after all. Who knows if the next step would be approving a spot ETF for the cryptocurrency?