Solana blockchain

[mich]

Well Solana has now handled more then $7 Million in nft sales just in the last 24 hours. This was more then Bitcoin that had $6.9 Million in last 24 hours.
I am still very 'bullish' on this coin. I think it is a good alt to have in our crypto portfolio, I think it is going to moon again more then $200 in next 'bull run'.
https://ambcrypto.com/solana-surpasses-bitcoin-on-this-front-good-news-for-sol-investors/

[synchronym]

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

Soluna Coin is pretty good you can definitely invest if you want to definitely invest you have to look enough about Soluna Coin market then you have to decide to invest. Because you will invest without depending on someone else's decision, you need to know enough about yourself and then you need to invest.

[Nazmul012]

Now Solana already on supremacy position after Ether and bsc Blockchain, in my opinion. People continuesly involving with solana community to unlock more advanced features what solana offering and no need to explain more about this project. Recently solana facing some issues for its transaction failure due to higher traffic in its Blockchain. That's why many people feeling awkward about solana but i believe soon this issue will be solve and solana will come back again with more advance facilities

[Abiky]

Well Solana has now handled more then $7 Million in nft sales just in the last 24 hours. This was more then Bitcoin that had $6.9 Million in last 24 hours.
I am still very 'bullish' on this coin. I think it is a good alt to have in our crypto portfolio, I think it is going to moon again more then $200 in next 'bull run'.
https://ambcrypto.com/solana-surpasses-bitcoin-on-this-front-good-news-for-sol-investors/

I would've wished the Solana dev team focused on reliability more than anything else. The network often experiences congestion, and at times, outages. What's "pumping" SOL's market price is none other than the "meme" coins craze. That, and also the recent sale of the Saga smartphone. The upcoming Firedancer node software release promises to fix network outages once and for all, though.

We'll see whenever Solana will be able to truly live up to its name or not. So far, nothing can beat the "King of Altcoins" (which is ETH). Even though Ethereum is slow and expensive at times, you can always switch to a L2 network (Arbitrum, Polygon, Base, Optimism) for complete peace of mind. No outages or network disruptions of any kind. Even BTC has been running without issues since day one. Who knows what will be the future of Solana?

[Mate2237]

Though the thread was created in May 03, 2020, 05:23:54 PM but it still has discussion important in the present happenings. Solana coin would have been a very good coins in the cryptocurrencies ecosystem even it would have better than Ethereum because Ethereum movement is more slower than Solana. But the congestion of it network that also slow down process of people using the coin and the network. So I will also like the developers to focus on the congestion of the network to reduce the high transaction fee so that people can use the network very frequently. Solana network is one of best for cryptocurrency enthusiast.

[Bushdark]

Now Solana already on supremacy position after Ether and bsc Blockchain, in my opinion. People continuesly involving with solana community to unlock more advanced features what solana offering and no need to explain more about this project. Recently solana facing some issues for its transaction failure due to higher traffic in its Blockchain. That's why many people feeling awkward about solana but i believe soon this issue will be solve and solana will come back again with more advance facilities

There are good Blockchains just like Solana like Ton that could do pretty well in the market if we know what we are doing and we are ready to make money from the market. Solana Blockchain is doing pretty well and we should not miss the opportunity to buy and hold some of the projects that are launched on it. We should be prepared and ready for the price of Solana to skyrocket mir because the adoption is huge and more projects are launching.

[mich]

A Solana-based move-to-earn application called Stepn has now joined Adidas brand. It is to introduce NFT to its big user base.

The NFL collection will be of 1,000 NFTs designed by Adidas for it. https://www.cointrust.com/market-news/adidas-teams-up-with-stepn-for-nft-sneaker-collection

[Sophokles]

Now Solana already on supremacy position after Ether and bsc Blockchain, in my opinion. People continuesly involving with solana community to unlock more advanced features what solana offering and no need to explain more about this project. Recently solana facing some issues for its transaction failure due to higher traffic in its Blockchain. That's why many people feeling awkward about solana but i believe soon this issue will be solve and solana will come back again with more advance facilities

There are good Blockchains just like Solana like Ton that could do pretty well in the market if we know what we are doing and we are ready to make money from the market. Solana Blockchain is doing pretty well and we should not miss the opportunity to buy and hold some of the projects that are launched on it. We should be prepared and ready for the price of Solana to skyrocket mir because the adoption is huge and more projects are launching.

Recent hype of solana came from the airdrop craze and meme coin hype in solana. I don't see any other utility from it right now and other than that, many people hate solana blockchain for many reasons. Its uptime is quit bad. If speed is the only thing that matters, then there are other blockchains beside solana that are also pretty fast. SUI can be one that we can talk about. Solana needs to attract real utility focused project and ETH and Matic can be a prime example of it where most of the DePin and AI projects are located right now.

[Bushdark]

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

Soluna Coin is pretty good you can definitely invest if you want to definitely invest you have to look enough about Soluna Coin market then you have to decide to invest. Because you will invest without depending on someone else's decision, you need to know enough about yourself and then you need to invest.

I have seen many projects investing in the Solana network which are doing pretty well in the market with high liquidity.
Many projects are always conscious in the Blockchain they are launching their tokens because that would determine the fast adoption.
Before we invest, we need to always check the network the project is being launched which could determine how much we are earning from such project and how fast the adoption will go. Good projects are always launched on good blockchains and exchanges.

[Tahid12]

Are you earlier adopter of solana? I also used to believe that this coin could archive huge a lot. But it hadn't came to my focus in 2020. I notice when it was pump higher in 2021 bull. In 2022, it dumped a lot from ath and i listed some altcoins what should i buy in upcoming bull run and solana was one of them.. and bought in with $30-35 avarage price. After that it went down at $20 something but then it again crossed $200 and today i was about to $135 as market is down and such growth is very surprising. That is too much withing some months. So better to wait and let market correction occured if anyone want to buy

[Abiky]

Recent hype of solana came from the airdrop craze and meme coin hype in solana. I don't see any other utility from it right now and other than that, many people hate solana blockchain for many reasons. Its uptime is quit bad. If speed is the only thing that matters, then there are other blockchains beside solana that are also pretty fast. SUI can be one that we can talk about. Solana needs to attract real utility focused project and ETH and Matic can be a prime example of it where most of the DePin and AI projects are located right now.

Yes. Uptime has been terrible over the past few years. But developers are working hard to solve this issue once and for all. The Solana team promised a third-party node will become a solution to the network's outages. Firedancer is expected to launch next summer. It's written on C programming language which is much more stable and reliable than Rust. If all goes well, Solana could become a soild competitor against ETH. Only time will tell.

Despite SOL's inherent issues, that hasn't stopped investors from pouring money into it. For some time, Solana has been able to retain its spot on the market. I guess many people have faith on this coin. Who knows? Maybe it will break a new ATH in the future. Just remember to never invest what you can't afford to lose, and there should be nothing to worry about.

[mich]

Well if you live in EU now you can stake your SOL tokens on trading app Robinhood. Annual percentage yield is 5 percent.
This does compare for SOL staking on Kraken for 5 percent Annual percentage yield. And on Binance it is more with 8 percent.
https://financefeeds.com/robinhood-launches-solana-staking-in-europe-with-5-apy/

[Tipstar]

Solana just had a rally and is at a high point for the last 30 days. Currently trading over $168, It could still be a good investment as it's posing to be a serious alternative in L1 ecosystem. Currently it's leading every of L1 and L2 ecosystem by a big margin on daily transactions. It also has an ever increasing number of dapps and volume of tokens frozen in its network. Ethereum is currently trading at over $3000, Solana can still have a x10 if it kept getting popular.

[mich]

Well Coingecko has now said some good news for hodlers of this token. Solana blockchain has shown to be the fastest among large blockchains.

They found the SOL blockchain to be 46 times faster then the Ethereum blockchain. And more then 5 times faster then Polygonm blockchain.

https://www.tradingview.com/news/newsbtc:7bbd212e6094b:0-solana-takes-the-crown-coingecko-ranks-it-the-best-leaving-ethereum-behind-in-key-metric/

[mich]

Well now that there is the approvals for the Ethereum ETF it might be the Solana ETF that is next one.  The recent approval might lead to Solana for being classified as a commodity not a security.

https://cryptoslate.com/ethereum-etf-approval-will-set-stage-for-solana-etf-commodity-classification/

[EarnOnVictor]

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...

Mainnet? Which Mainnet again

Regardless, Solana is a very good coin but it could be disastrous if we are too trusting of any coins, anything can happen in the crypto market which could be adverse irrespective of how good the project is. This is why whenever you buy a coin, you should know you are taking a risk and the risk becomes higher when you do not strike it when it is still very low. Solana is high in price now and it is more than half of its ATH already, and you can't compare yourself buying it now($170) with someone who had struck it when it was still at about $15. The difference is clear and so is the risk.

Still, this will still not stop the coin from appreciating more, but note that you are risking more in case it slips to the bearish trend earlier than expected and you can't earn so much from it anymore in this bullish season. I am one of the few people who believe that Solala could still hit $1,000 this bullish season, if this happens, that's your luck.

Nevertheless, this is merely a wish and an instinct, it is never truly professionally speculated since the asset has never reached that level before.

[Abiky]

Well now that there is the approvals for the Ethereum ETF it might be the Solana ETF that is next one.  The recent approval might lead to Solana for being classified as a commodity not a security.

https://cryptoslate.com/ethereum-etf-approval-will-set-stage-for-solana-etf-commodity-classification/

Money, money, money. That's what it's all about. We all want ETFs without considering the long-term implications of their approval. Institutional investment companies will own all of the coins, effectively centralizing the Solana blockchain. Especially when it's a PoS coin. Same can be said about ETH.

With constant network outages, I wonder how successful a Solana ETF will be (if approved)? Unless developers do something about the outages, don't expect Solana to go anywhere soon. At least, it's a "free market". Investors will ultimately choose which coins stay afloat and which ones go all the way down the drain in an instant. Just diversify your investment, and there should be nothing to worry about.

[mich]

Well now there is a new vote for the Solana community. It has voted to give the validators all priority fees.
This did end a previous split of 50 percent for each. This poropasl called  SIMD-0096 did pass with a 77 % vote to pass it.
https://cryptoslate.com/solana-validators-approve-100-allocation-of-priority-fees-ending-50-50-burn-split/

[shinratensei_]

Money, money, money. That's what it's all about. We all want ETFs without considering the long-term implications of their approval. Institutional investment companies will own all of the coins, effectively centralizing the Solana blockchain. Especially when it's a PoS coin. Same can be said about ETH.

With constant network outages, I wonder how successful a Solana ETF will be (if approved)? Unless developers do something about the outages, don't expect Solana to go anywhere soon. At least, it's a "free market". Investors will ultimately choose which coins stay afloat and which ones go all the way down the drain in an instant. Just diversify your investment, and there should be nothing to worry about.

what can we expect some people consider ETF to be the more legitimate and safer way to invest to crypto of course these big institutional investment companies will take the chance to profit off that.
regarding solana ETF it definitely has big chance of some company filling up ETF proposal rumour says VanEck already on its way to do this, but we're not sure until they make announcement but this current ETF approval of ETH does indeed opens a way for other altcoin for their long awaited ETF as if its another milestone, back then the milestone was getting listed in various exchange now its ETF, the obviously normal change of narratives.

in regard of the network outage I heard there been commit to the testnet of solana but i don't know whether that could solve the problem, i might be mistaken though but the Co founder already said they have the solution to it already on the work https://decrypt.co/111486/solana-co-founder-long-term-fix-network-outages it was in 2022, 2 years after, still the same outage.

[mich]

Well now PayPal’s stablecoin called PYUSD will launch on Solana blockchain. And if you are a investor that is hodling these tokens it can be 'bullish' news.

https://www.ccn.com/news/crypto/paypal-pyusd-expands-solana-stablecoin-bull-run-making/