Is Solana still bullish now?

[peter0425]

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?

None of any coins now are bullish , because even Bitcoin is in the position of dumping  https://coinmarketcap.com/ look at the market and you can find that only few coins are pumping but the majority or almost all are in Red Zone .
But SOL is a great project and a solid one so yes in time when market recovers this will surely increase back to Bullying stage.       

[1714879733]

1714879733

[Juse14]

their roadmap, way of project management as well as sol ecosystem are seems, sol has better future & it could be a better currency. Recent i saw sol start their own usdt which make it more attractive to user. Even sol already develop their ecosystem and showing the process as expected.I was about to buy solana at fifty usdt. I bought some sol then but failed to purchase the amount that i expected. now waiting for its reversal move for buy which is underway

the move you did was quite good, and indeed now the best step is to wait for a reversal that will surely occur.
Right now the market is bleeding, I see a lot of red there and the sole is no exception.
I hope that the reversal will occur soon so that the process I did while waiting was not in vain.

SOL will still be one of the pearls of next year, so we have to prepare from now on.

This year's SOL has been very good and has increased sharply of course this is an achievement that cannot be considered easy to do where everything is down but SOL still managed to make ATH $259.96 - Nov 06, 2021. at the beginning of the year SOL was still in the range below $2 and is now even though it is currently undergoing a correction it is still in the range of $187, it is clearly a very good value.
if at the end of this year there is a surprise then SOL will also be able to make it, and I agree with you that next year SOL will still make another surprise.

The current correction I think is very normal because they follow bitcoin, which is still making corrections to this day. and SOL is like that and actually this is quite good because indeed a correction like this will make a better leap for them to do something new in their ATH.
On the other hand they will also only follow the coins above them and this seems to last until Crypto goes green again.

[leea-1334]

None of any coins now are bullish , because even Bitcoin is in the position of dumping  https://coinmarketcap.com/ look at the market and you can find that only few coins are pumping but the majority or almost all are in Red Zone .
But SOL is a great project and a solid one so yes in time when market recovers this will surely increase back to Bullying stage.       

I would not say that actually,,, ETH has been very very strong during this entire stock market crash period. Sure it also lost some percentage but even right now all it needs is another 10% price increase to look at ATH again whereas BTC still needs almost 40% increase just to make a new ATH.

SOL is in the bunch of alts that rely on ETH doing well I believe,,, so once ETH makes 5k ATH and up,,, SOL and everything in that basket goes up

[otreza]

Solana is a promising project that attracts the attention of partner companies and investors alike. Solana is suitable for resource-intensive systems and applications that focus on a large number of users and transactions: exchanges, marketplaces, file storages. But this may not affect the price, it is influenced by the unlocking of coins by early investors, and they are still holding coins, so they are waiting for a higher price.

[ymckartal]

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 think it will go up more. Dumb money is just starting to get into SOL so we can expect even bigger rise in next weeks. I didn't do TA for SOL but I'm sure there is the price that most long term holders are looking to sell and people need to be careful of that.

It means that it will reach 210 again? Or higher?

If it breaks the $200 resistance, I think it will go up to $350. Solana will be one of the shining cryptos of 2022. I think it is a crypto that can force the throne of BNB.

[SlimShadyMmp]

After BNB I think the next big thing is actually solana ftm luna or avax They have serious tvl and lots of development I think also Cosmos is actually undervalued I think short term gain in the next few months will make sense to invest in solana but also put l1 coin in research and compare to see which will likely gives you more gain

[saladin7000]

Solana is a promising project that attracts the attention of partner companies and investors alike. Solana is suitable for resource-intensive systems and applications that focus on a large number of users and transactions: exchanges, marketplaces, file storages. But this may not affect the price, it is influenced by the unlocking of coins by early investors, and they are still holding coins, so they are waiting for a higher price.

that's the factor that makes Solana increasingly favored to be the best investment in crypto, where its popularity is increasing from time to time so currently Solana is already in the top 5 of CMC, if your portfolio has not been filled with solana tokens then I recommend buying it now before the price rise even higher.

[cliber]

Maybe the time is not right to choose to buy Solana Coin (SOL) when the price is far below the current price. I think it's not too late to buy Solana Coin right now and it's still the right time to buy it because Solana is one of the coins that will have something in common with Binance Coin in terms of price.

I don't see a similarity between Solana and Binance, because the mainnet is different and the value difference between the two is also there and Solana doesn't have its own big exchange like BNB which owns the Binance exchange, so the two are not the same in any way.

Solana (SOL) does not have an exchange like BNB (Binance Exchange) which is quite large at the moment. The mainnet is also not the same between BNB and Solana, you are right and there are still many differences between the two. But in terms of price Solana still has a chance to approach BNB.

[Joca97]

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 think Solana is currently really stable and after a huge raise this is normal. For Solana investors its good that there wasnt a huge correction. But i think Solana will in the middle of this year probobly be at over 500$ this coin still has a lot of room to grow

[Ten98]

that's the factor that makes Solana increasingly favored to be the best investment in crypto, where its popularity is increasing from time to time so currently Solana is already in the top 5 of CMC, if your portfolio has not been filled with solana tokens then I recommend buying it now before the price rise even higher.

In times of market correction, Solana is indeed a good thing to buy because getting Solana at a cheap price is an opportunity that will not be repeated in the future, even if it could be repeated then the price has started to change, so now is a good time to buy it.

[Mame89]

The advantage of Solana is that it has high speed, where Solana can reach speeds of up to 65,000 transactions per second. As well as cheaper fees as low as $0.00025 per transaction, much cheaper than ETH fees, of course this makes the increasing interest of the public to switch to the SOL network, plus many creators are building their own NFT platforms and descending on Solana. So if you keep solana it is the right choice.

[Oneandpure]

The advantage of Solana is that it has high speed, where Solana can reach speeds of up to 65,000 transactions per second. As well as cheaper fees as low as $0.00025 per transaction, much cheaper than ETH fees, of course this makes the increasing interest of the public to switch to the SOL network, plus many creators are building their own NFT platforms and descending on Solana. So if you keep solana it is the right choice.

High speed transaction for sending coin this feature of Solana coin beside have many NFT worth with Solana network I think have chance for this coin back higher price above $200, maybe last week dump after bitcoin dump and all altcoin get the same situation after whale make bitcoin dump. Now Solana have recovery and take higher price but depend how long bitcoin stable price and keep stay on higher price, if bitcoin back to lower price maybe solana will get the same thing back under $170.

[bitterguy28]

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 strongly holding its 4th-5th position in crypto market and still keeping its momentum https://coinmarketcap.com/currencies/solana/ but does not show any indication that there is a bullish possibility .
not unless Bitcoin starts shaking the market again? I'm afraid solana will lead the way.
but Keep holding your Solana mate because I am doing same way now coz i bought when the price is half the value now but still looking for another climb before considering selling my holding.

[globalpain]

that's the factor that makes Solana increasingly favored to be the best investment in crypto, where its popularity is increasing from time to time so currently Solana is already in the top 5 of CMC, if your portfolio has not been filled with solana tokens then I recommend buying it now before the price rise even higher.

In times of market correction, Solana is indeed a good thing to buy because getting Solana at a cheap price is an opportunity that will not be repeated in the future, even if it could be repeated then the price has started to change, so now is a good time to buy it.

We must be really careful in taking advantage of the opportunities that exist.
at this time of market correction we make the best use of it to buy,
The most important thing is to always take advantage of the opportunities that exist to make a profit

[Oneandpure]

Last week Solana coin dump under 130$ and now reach above $145 and I think will give impact if bitcoin raise higher price, if bitcoin still dump maybe Solana can't stay with higher price and back to lower price. Although have own network and most faster than other network like ERC20, BSC and Polygon but Solana can confidence and keep stay on higher price. Maybe if bitcoin have touch higher price above $50,000 great chance for Solana coin back above $200 and keep consistent touch higher price.

[magneto]

I would say that in the long run, SOL would be one of my strongest holds.

It's got the backing of FTX CEO which is a huge deal in this space, and there are a ton of DeFi and NFT applications that are already deployed on the blockchain which makes it very practical.

Theoretical TPS is also tremendous, which is exactly what we need for the DeFi space moving forward.

[Wildwest]

For now all coins are in decline including solana, so to invest in the coin in the long term is a good decision because in the future the coin does have hope to increase again, but for when the price movement is still very weak because all coins are down, so we need patience in investing at this time, so we live the current situation with passion.

[lepbagong]

For now all coins are in decline including solana, so to invest in the coin in the long term is a good decision because in the future the coin does have hope to increase again, but for when the price movement is still very weak because all coins are down, so we need patience in investing at this time, so we live the current situation with passion.

a situation that is beyond predictions and previous analysis, in which a prolonged correction is felt to this day. I agree with you that long-term investment options are still the best thing to do, if indeed we are not able to do day trading which can also be useful while waiting for the situation to recover.

all coins are indeed red following the movement of bitcoin which continues to be corrected, as well as of course with other coins, solana is no exception. with the current price at $143.50, which is not a huge drop compared to other coins, only -44.8% of the last ATH earned by solana.

If you really feel confident, of course it's the right time to buy because the prediction that solana will increase is quite sharp if there is an opportunity to move up in time. Don't waste your time doing what's best for you.

[Smitty Werben Man Jensen]

For now all coins are in decline including solana, so to invest in the coin in the long term is a good decision because in the future the coin does have hope to increase again, but for when the price movement is still very weak because all coins are down, so we need patience in investing at this time, so we live the current situation with passion.

With solana currently experiencing a decline I think this is an opportunity to buy it and anyway I believe solana will skyrocket again in the future especially solana is a potential coin,
I also agree with you that we need to be patient and keep holding on even though it won't be easy for sure

[pgbit]

BTC can’t conquer 39k And keeps getting hard rejections down to 38 there is no chance of Solana going to ath, bitcoin needs to get above at least $41,000 preferably 42 and start closing candles or we are in a confirmed bear market.  All these little dead cat rallies and your favorite alt coin going up 20% mean absolutely nothing. If bitcoin cannot crack $40,000 and way beyond closing 4 Hour candles