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Author Topic: Solana breakout  (Read 245 times)
Olayinka2225 (OP)
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September 07, 2021, 05:40:53 AM
 #1

Solana is highly sought after by institutions due to its ability to process hundreds of thousands of transactions a second. The word on the street is that it may become the block chain for the stock market prices in the future. Massive massive interest I expect it to become the number three coin behind Bitcoin and ethereum and possibly number two if they do in fact become the blockchain of stocks in a couple years time. Solana is huge and there’s plenty more upside to go. Wait for a pull back because it’s overbought right now and then make sure u jump in.  NFA
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September 07, 2021, 05:57:45 AM
 #2

Solana has grown strongly in the past year. This crypto adjustment is essential. I don't know how hierarchical Solana is but to my knowledge sorting the data by "proof of History" will make Solana heavier and difficult to reach high speeds. Creating a node with Solana requires equipment with supercomputer power.
The FOMO by the community and the fact that SAM has plenty of money to raise Solana's price will probably end soon.
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September 07, 2021, 06:11:02 AM
 #3

solona is still in a good rally at the moment. it is very risky to enter the market now because the price is still increasing.
indeed adoption for this new ecosystem is growing fast. even in every new project sale in the solona ecosystem, it always gives benefits to their participants.
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September 07, 2021, 10:26:00 AM
 #4

Many people are wondering whether Solana will stay with us, I recently read an article on this topic on Bloxter, it is more of a guide, but still there is a lot of useful information, for those who want to read the link : https://blockster.com/blockdesk/1423_a-complete-guide-to-solana-is-it-here-to-stay
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September 07, 2021, 10:38:01 AM
 #5

The ability to process hundreds of thousands of transactions per second is part of Solana's creation. In addition, Solana's focus is on making decentralized finance accessible in large numbers. That is the main focus of the Solana Foundation that I read about, so it is not surprising that many investors believe in Solana Koin. We can also see Solana's journey from being launched, the price chart rising so fast.

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September 07, 2021, 10:59:51 AM
 #6

Solana never make a massive correction like what happened to some coin that rapidly increase during the bullish season so it's very surprising,. wherein seems only solana continually making all time high value at the moment and probably no one can stop it because mostly are good news reason it keep surging.. By the way congrats to those who keep holding despite of some fluctuation you all a winners on this season..   Wink indeed i never expect that solana will not go to this level its very surprising to be honest.
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September 08, 2021, 04:43:38 AM
 #7

The ability to process hundreds of thousands of transactions per second is part of Solana's creation. In addition, Solana's focus is on making decentralized finance accessible in large numbers. That is the main focus of the Solana Foundation that I read about, so it is not surprising that many investors believe in Solana.
This is the most promising L2 that leading the race. Im not a solana hodler but clearly they won the competition here. Im a solid fantom and avalanche hodler but cant argue that solana keeps it steady while the two I mentioned somehow lag but ofcourse Im faithful with that. Cant just deny that solana did a great job on this.

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September 08, 2021, 04:50:57 AM
 #8

Solana's movement seems to only be uphill, indeed we don't find any significant correction movement. but at the end of the day solana seems to be forming resistance, hopefully this resistance will break through again and continue the up trend. but I think to buy it we wait for price developments first considering the price is too high, if there is a breakout on resistance, maybe I will look for an area to buy

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September 08, 2021, 05:47:31 AM
 #9

Solana is highly sought after by institutions due to its ability to process hundreds of thousands of transactions a second. The word on the street is that it may become the block chain for the stock market prices in the future. Massive massive interest I expect it to become the number three coin behind Bitcoin and ethereum and possibly number two if they do in fact become the blockchain of stocks in a couple years time. Solana is huge and there’s plenty more upside to go. Wait for a pull back because it’s overbought right now and then make sure u jump in.  NFA
Solana has been a doing very good these past weeks. If this is true, it could potentially be in par with Ethereum and probably you're right with number 3. I've been accumulating lately this last bear market and it really gives a lot of profit. I believe that SOL can go up to a 200$ within this month and could go up to 1000$ in the next years.
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September 08, 2021, 07:01:04 AM
 #10

Solana is highly sought after by institutions due to its ability to process hundreds of thousands of transactions a second. The word on the street is that it may become the block chain for the stock market prices in the future. Massive massive interest I expect it to become the number three coin behind Bitcoin and ethereum and possibly number two if they do in fact become the blockchain of stocks in a couple years time. Solana is huge and there’s plenty more upside to go. Wait for a pull back because it’s overbought right now and then make sure u jump in.  NFA

Solana is being talked about more and more nowadays, both positive and negative, but I don't think this is what I want to convey, the ability to process hundreds of thousands of transactions per second is a step forward that Solana currently has in the crypto world. .

However, to ensure Solana's sustainability is not only talking about transactions, especially if Solana starts aiming for the third position below bitcoin or ethereum, this is not an easy job for Solana in the future, it takes a lot of refinement and development to achieve this position.

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September 08, 2021, 07:18:05 AM
 #11

Solana is highly sought after by institutions due to its ability to process hundreds of thousands of transactions a second. The word on the street is that it may become the block chain for the stock market prices in the future. Massive massive interest I expect it to become the number three coin behind Bitcoin and ethereum and possibly number two if they do in fact become the blockchain of stocks in a couple years time. Solana is huge and there’s plenty more upside to go. Wait for a pull back because it’s overbought right now and then make sure u jump in.  NFA

Definitely buy the dip!

I like cryptos and stocks. Not a financial advice. Subscribe to my YouTube channel! linktr.ee/dndfinance
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September 08, 2021, 08:03:00 AM
 #12

A lot of blockchains have been promising cheap transactions. There is nothing new in what Solana claims. It is mostly a marketing game where the first player to latch onto the latest buzzword tends to go up. Solana did it with NFTs and timing the hackathon. ETH is breaking down with congestion and any alternative, whether Solana or something else, that is seen as a cheaper alternative will pump.

A lot of others have seen upward trends like Terra, FTM etc etc. Solana has the marketing buzz behind it but as soon as the ETH fees normalize, there is little they can offer. I don't see anything fundamentally different. Its the same buzz about projects, PoS, validators, a discord and false claims about "Developers love Solana". In the medium term the price may have some upside but it has nothing special to guarantee long term survival.
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September 08, 2021, 08:50:14 AM
 #13

Solana is highly sought after by institutions due to its ability to process hundreds of thousands of transactions a second. The word on the street is that it may become the block chain for the stock market prices in the future. Massive massive interest I expect it to become the number three coin behind Bitcoin and ethereum and possibly number two if they do in fact become the blockchain of stocks in a couple years time. Solana is huge and there’s plenty more upside to go. Wait for a pull back because it’s overbought right now and then make sure u jump in.  NFA
Yes you are saying the right thing, Solana does offer fundamental solutions to many crypto problems using flawless technology. But now there is a direct competitor to Solana, Near Protocol has a much higher technological potential and investment potential too, because the project capitalization is less, so you should take a closer look at Near
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September 08, 2021, 09:02:31 AM
 #14

The ability to process hundreds of thousands of transactions per second is part of Solana's creation. In addition, Solana's focus is on making decentralized finance accessible in large numbers. That is the main focus of the Solana Foundation that I read about, so it is not surprising that many investors believe in Solana.
This is the most promising L2 that leading the race. Im not a solana hodler but clearly they won the competition here. Im a solid fantom and avalanche hodler but cant argue that solana keeps it steady while the two I mentioned somehow lag but ofcourse Im faithful with that. Cant just deny that solana did a great job on this.

If we are talking about the lightening network replacement then this could be in the race. Considering how the fees and daily transaction are growing on the erc20 network this will be just an alternative to them. However, I also think about it in different way if compared with LTC. They are the oldest player in the field and also has lowest gas fees and speedy transaction but they are not being as popular as they should have been. Being one of the victim of high fees of BTC and ETH I would always prefer those alternatives and would pay little fees and do the job. If they can do it then they will be popular and will see good days.
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September 08, 2021, 09:06:35 AM
Last edit: September 08, 2021, 10:08:03 AM by inanilujimi
 #15

Solana quality has been proven in this market, which earned her a top 10 spot in CMC in just a year. I personally believe solona will continue to grow rapidly.
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September 08, 2021, 10:07:14 AM
 #16

Solana is highly sought after by institutions due to its ability to process hundreds of thousands of transactions a second. The word on the street is that it may become the block chain for the stock market prices in the future. Massive massive interest I expect it to become the number three coin behind Bitcoin and ethereum and possibly number two if they do in fact become the blockchain of stocks in a couple years time. Solana is huge and there’s plenty more upside to go. Wait for a pull back because it’s overbought right now and then make sure u jump in.  NFA

To be frank Solana is leading the race when it comes to blockchain coins which has made tremendous growth in the few past weeks, and not only is it growing on its own, but other tokens on its blockchain are leveraging the hype to grow as well. To add to this, more NFT projects are migrating to it while having tremendous success as well.
Now talking about Solana being the blockchain for the stock market due to its low gas fee and speed; but before I proceed, BSC network also had same, that is, low fee and speed, and this lead to the massive growth BNB witnessed but today that many projects are on it, is the fee and speed still the same? The answer is No.
Therefore, continuing with my opinion about Solana, it is experiencing low fee and so on, because much projects are not on it yet, but when they do, then we will know how far the team are willing to go to tackle high gas fee and so on.
Thus in all ramifications, the more a blockchain network grows with more projects on it, the more the network speed reduces and fee increased, it's now left for the team to do something about it.

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September 08, 2021, 10:42:08 AM
 #17

Solana is no ordinary coin, but it is more than that. The ability to process hundreds of thousands of transactions per second one of Solana proofs. I see Solana is preparing to create her own network. Another proof that I see is that Solana still has high trust from investors because to this day Solana is still holding on to market conditions that have caused all the top altcoins to decline.
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September 08, 2021, 10:43:30 AM
 #18

Solana quality has been proven in this market, which earned her a top 10 spot in CMC in just a year. I personally believe solona will continue to grow rapidly.
It will continue to grow and the reason why it's gaining attraction is because of how good the project is. Personally, I don't have SOL but I also noticed the quick improvement that it had shown. And there can be more from Solana to show and its growth is a clue that investors are liking it and even it's also part of the drop lately, the price of it is much better than a few months ago and those who have sold at the top, they can rebuy again with their gains and the capital taken away.

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September 08, 2021, 11:07:37 AM
 #19

Best investment for long term if hold and choose solana coin, I don't know what amazing from this coin when bitcoin dump yesterday solana keep dump but faster take recovery and back almost $200 right now. Many solana coin network keep going up and very good if you have saving money buy and hold solana few years later will be the next BNB coin.

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September 08, 2021, 02:22:13 PM
 #20

Solana has emerged as a competitor to Ethereum and decentralised finance application .Solana is a blockchain network which develop an ecosystem of cryptocurrency products and services. Solana is different to Bitcoin. 🙏🙏

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