Is Solana still bullish now?

[xzone]

Solana is a good coin at the moment in the crypto market, but the movement of Solana today looks red on the coinmarketcap charts and I think the decline that occurred today in Solana is a common thing in the market. Investing in Solana Koin is good in my opinion.

Solana started very well, showed a pretty good rise. But the problems experienced in recent days are not acceptable. Investors have started to give up on their investments in solana now, it is very difficult to have hype again. No one would want to invest in such a risky place. I think SOL needs some time to recover, problems still not resolved.
Those who like to take risks can invest and earn money

[Twinscoin2017]

Solana is now a little bit down but I think it will still bounce back and it will reach or have another ATH in the next few days. Dropping of price is normal in crypto and there are a lot of factors that affect the price, for now we need to look at the news and the possible development of the sol project in the next few days or weeks. Looking at the price that declined day by day may lead us to discouragement. So I suggest to stay fucos and have patience for good.

[MiF]

Solana is now a little bit down but I think it will still bounce back and it will reach or have another ATH in the next few days. Dropping of price is normal in crypto and there are a lot of factors that affect the price, for now we need to look at the news and the possible development of the sol project in the next few days or weeks. Looking at the price that declined day by day may lead us to discouragement. So I suggest to stay fucos and have patience for good.

I agree on that mate we need to fucos on the next update not on the current dropping of SOL price. Because SOLANA shows a great pump in a short period of time so the big possibility of the another pump is expected by so many follower of the project and maybe the next update about it's development may push the price back to top again.

[fuguebtc]

After hitting an ATH of $196, SOL made a correction which is currently trading at $150. The drop in price could be due to investors starting to take profits and to the Sol network shutting down due to overtrading. But I believe SOL will continue to develop in the coming time. Solana ecosystem has welcomed hundreds of projects in different fields to join and is still growing. Solana growth will put pressure on Ethereum and Binance Smart Chain in the near term. I predict by the end of December SOL will reach 300$.

[Natalim]

After hitting an ATH of $196, SOL made a correction which is currently trading at $150. The drop in price could be due to investors starting to take profits and to the Sol network shutting down due to overtrading. But I believe SOL will continue to develop in the coming time. Solana ecosystem has welcomed hundreds of projects in different fields to join and is still growing. Solana growth will put pressure on Ethereum and Binance Smart Chain in the near term. I predict by the end of December SOL will reach 300$.

SOL has made a price pull back in the recent days but i know it has its own chance to recover because the project alone has bigger potentials compared to other top cryptos in the market. Its considered a close competitor to ethereum and has exceed the price of dogecoin so i really believe it will grow more if the demand continues to increase.

But even if its price continues to skyrocket, it will never beat ethereum in the real sense. At the end of the day, SOL has is still prone to make another price pull back because its adoption alone is not as established as ethereum.

[imstillthebest]

how can someone predicted that the bull run for solana will end today ? are they one of the whales and they are going to dumped it ?  if yes then we better wait a minute and confirm things before we buy so that we can save some dollars or if we cant wait and  if we believe that solana is a good coin , we can buy it now because the coin is still in bullish mode and might continue . its price by the way is over 145 dollars upon checking just now

[feelideb]

Solana rise in value is not as a result of retail investors,  the rise has all the markings of whale investors all over it!  I think Solana might be able to live up to many people expectations in Cryptocurrency community.  I see ether like patterns in Solana rise and in the support of it's community.  I think now is the time to double down on Solana.  I will buy every dump!

[rodskee]

Some people want to invest Solana now because of the huge rise few days ago. However, some people think that today is the end of the bull market of Solana. What do you think?

Solana is one of the biggest losers nowadays https://coinmarketcap.com/currencies/solana/ decreasing more than 20% in the last 7 days and continuously dropping so basically this may drop to top 20 again sooner .
and also i believe that the pump had already died and the market is changing course now.

Solana rise in value is not as a result of retail investors,  the rise has all the markings of whale investors all over it!  I think Solana might be able to live up to many people expectations in Cryptocurrency community.  I see ether like patterns in Solana rise and in the support of it's community.  I think now is the time to double down on Solana.  I will buy every dump!

so it is clearly that Solana is Manipulated by whales? so how long will this stay in the market?
or i mean in rank 10 level?

[coin-investor]

Some people want to invest Solana now because of the huge rise few days ago. However, some people think that today is the end of the bull market of Solana. What do you think?

I discovered Solana last week from one article I invested some three days ago until that downtime, was surprised at the outcome of the price right now, my investment in Solana is now down to 12% but I'm not losing hope that this investment is still solid and they can hold their ground and recovers I'm getting my belief that they will recover, this is an excerpt on one article I read

The incident did very little damage to people’s perspective of the market and in the past four hours, SOL prices have seen gains.

[criket]

Solana is a good coin at the moment in the crypto market, but the movement of Solana today looks red on the coinmarketcap charts and I think the decline that occurred today in Solana is a common thing in the market. Investing in Solana Koin is good in my opinion.

Solana started very well, showed a pretty good rise. But the problems experienced in recent days are not acceptable. Investors have started to give up on their investments in solana now, it is very difficult to have hype again. No one would want to invest in such a risky place. I think SOL needs some time to recover, problems still not resolved.
Those who like to take risks can invest and earn money

Each coin must have its own problems and that I think is a challenge. But if the problems experienced are already very serious, I also will not accept the consequences that can be detrimental, moreover, they are great investors.

problems for a project that is just developing I think it's natural. it all depends on how the team overcomes the problems experienced.
we have to remember how ripple is also having a serious problem which is causing many investors to withdraw their money. but now they are trying to gain his trust again.
what about SOL? we will see how to survive in the market with this overwhelming support, or it will be a big mistake.

[doseofeth]

Pretty sure Solana will overcome the hiccups and will bee seen as an alternative to many blockchains out there. We just need to wait.

[Beparanf]

Pretty sure Solana will overcome the hiccups and will bee seen as an alternative to many blockchains out there. We just need to wait.

There's no hiccups particularly on Solana project. It's just the price which overbought and needs to correct to establish a strong price growth in future. This correction doesn't reflect on the project in general. I'm expecting it will go down sub 100$ where EMA200 sets and have a strong price recovery after hitting that support area. The current price is not bullish in an obvious manner but Solana is pretty bullish in long term.

[Samurai trieng]

I think solana's development team will improve this situation in the near future, because I believe this project has a very good potential in the future, I think this decline is very reasonable because of the enormous influence of globalization on the market, once this correction is complete then we will see  SOL is increasing in the near term, and it is certain that solana will be bullish again.

[koang]

Solana is a good coin at the moment in the crypto market, but the movement of Solana today looks red on the coinmarketcap charts and I think the decline that occurred today in Solana is a common thing in the market. Investing in Solana Koin is good in my opinion.

SOL price is down because Solana network is experiencing issues.
Solana Has Been Down for Hours Due to Resource Exhaustion
When you want to withdraw from Solana network this can't happen
The problem still persists, still stuck till right now and no ETA when this problem will be fixed

If we pay attention, Solana is increasing when other coins are experiencing a decline. Today seen on the CMC chart, Bitcoin and ETH are green, Solana is red.
It turned out that one of the reasons for the decline in the price of Solana was due to resource exhaustion. Can you show us that the cause of the Solana's price drop is true.

Crypto price movements are mostly determined by bad news and good news and how the team manages the crisis.
And to know the latest news you have to follow all the news channels.
Bad news: https://decrypt.co/80917/solana-down-for-hours-resource-exhaustion

[Boov]

Some people want to invest Solana now because of the huge rise few days ago. However, some people think that today is the end of the bull market of Solana. What do you think?

We can't be sure if that's the end, or it's going to be the start of another waves that solana will be having next week or next month. Everything is unexpected, and everytime there's a hype that depends on every feedback came from group of communities; also will follow accordingly. Hopefully, solana's bullish trend will provide sustainable profit for desired holders who deligently keep their asset tightly.

[Yamifoud]

Some people want to invest Solana now because of the huge rise few days ago. However, some people think that today is the end of the bull market of Solana. What do you think?

We can't be sure if that's the end, or it's going to be the start of another waves that solana will be having next week or next month. Everything is unexpected, and everytime there's a hype that depends on every feedback came from group of communities; also will follow accordingly. Hopefully, solana's bullish trend will provide sustainable profit for desired holders who deligently keep their asset tightly.

source: https://coincodex.com/crypto/solana/

As we can see on the chart, a declining trend has been happening for SOL. Might say this was common as fluctuation will come and with the Bitcoin had a drop also but the question has come into our mind of this project could able to recover after this? It is totally unpredictable and I just say maybe, I can't be too negative as this project shows such potential and in fact, its price is not bad as we think about a dying project.

[kevindjunaidi]

Some people want to invest Solana now because of the huge rise few days ago. However, some people think that today is the end of the bull market of Solana. What do you think?

currently the price of SOL is undergoing a correction and I believe this is the right time to invest in SOL, because the price of SOL will definitely increase very high again and give you a big profit, therefore you should not miss this opportunity to get a big profit from investing in SOL, because I believe when the market start to recovers and increases, then of course the price of SOL can definitely create a new ATH price again and give you a big profit from investing in SOL at this time.

[indah rezqi]

Currently, the price of Solana is declining in the market and this of course has a reason. Solana's condition we can say that this is the end of Solana's bull market. The increase that occurred in Solana seemed to be in control because the increase occurred when the price of other coins such as Bitcoin, Ethereum and Binance decreased.

[Sweetbtc]

I sold when its done correcting i will throw all the money back in depending on how deep it corrects will determine if i just let it sit for the next 2 years.  Buy super low hopefully so i can let it sit longer..

[SquallLeonhart]

Some people want to invest Solana now because of the huge rise few days ago. However, some people think that today is the end of the bull market of Solana. What do you think?

The weird thing about SOL is that, it is not even at the place it could be. There is a huge potential in technology for it to grow, and the amount of people and transactions it can handle is so big that we are not even at 1% yet. However the price went up so much that, I am not sure if it will keep going up like this while it keeps on growing with more community.

Transaction per second (tps) is at around 1.5k right now, and it can sustain as much as 65k, that means it can sustain nearly x40+ times bigger transactions without any problems at all, literally same as right now. So, what does that mean? Does it mean that we could end up with x40+ more transactions and the price will stay the same? If not, and if the price goes up like crazy because the transactions went up, what happens?

I mean 40x more transactions can't possible mean 40x bigger market cap because if that is true then marketcap would be around 2 trillion and bigger than all other cryptos combined (nearly). So, I assume there must be some road left that it can grow, but I am not sure what happens to price at the same time. Logical argument is it will grow x40+ bigger in transactions (and other stuff) while not so much growth in price.