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Author Topic: What project can replicate Solana's success?  (Read 193 times)
haenko.near (OP)
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November 08, 2021, 05:52:44 PM
 #1

Hi guys, it looks like Solana is confidently going to get into the top three by coinmarketcap. That's right, fundamental projects like Solana should be in the top 3.
But I am interested to hear your opinion, what project could repeat the success of Solana, and just as confidently get into the top 10, and grow in price several times?
If study Solana, then I can highlight the following factors that influenced its success:
1. Fundamental project
2. Strongest venture funds
3. Strong community
Based on this, several projects can be distinguished that have the same factors: NEAR Protocol, Avalanche, Cosmos, Elrond, (also can add Polkadot and Cardano, but these projects are already in the top10)
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November 08, 2021, 06:04:08 PM
 #2

If struggle isn't going to end any time soon solana still got worthy opponents like avalanche and Polkadot which are also doing so good, we never know which one will flip solana some day, it's crypto space to begin with a place where anything is possible isn't it?
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November 08, 2021, 06:08:53 PM
 #3

Yes, as I mentioned above, polkadot and avalanche can repeat Solana's success, the fight is not over yet, but Solana is clearly in the lead now.  Rather, I wanted to ask the question, which project could increase in value as much as Solana.  Polkadot is a really good option, but it has already grown very much and is in the top 10.
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November 08, 2021, 06:34:49 PM
 #4

Besides avalanche and polkadot who are already showing up as a strong contender, there is also this project I recently knew about, kadena (kda) is a blockchain with high throughput proof of work system, a scalable network,  am still doing more reading about the project but it seems like another competitor to the aforementioned, plus kda price has been on a run for few days now, am yet to invest still contemplating whether to buy a few for just in case.

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November 08, 2021, 07:29:12 PM
 #5

If study Solana, then I can highlight the following factors that influenced its success:
1. Fundamental project
2. Strongest venture funds
3. Strong community
Based on this, several projects can be distinguished that have the same factors: NEAR Protocol, Avalanche, Cosmos, Elrond, (also can add Polkadot and Cardano, but these projects are already in the top10)
The 3 points you listed are essential, but there are also others. Sometimes all it takes is pure luck or good publicity and marketing. SOL rose very fast very high. This also means that a completely new project could do something similar in a very short period of time under the right circumstances. It is impossible to predict. Invest in different small projects that you find convincing and hope for the best, but apart from that you can't do more
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November 08, 2021, 07:58:15 PM
 #6

The success of the project can be considered a very strong core of the community. The project was originally similar to what could be so huge and expensive. To date, the top 4 is already, amazing growth and forecast only growth in the near future. It is very disappointing me that I underestimated him.
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November 08, 2021, 07:59:53 PM
 #7

Sometimes all it takes is pure luck or good publicity and marketing.
Yeah, agreed all that can blow up a project but they can't keep the project up. What keeps a project up is the utility it offers. It's the same way that people say, who one knows will open the door to success for one but what one knows keeps one on the rise. Solana is a great project and has its own contract, it will continue to be in demand as long as it maintains and pursues its programme. I believe SOL can even surpass what BNB is currently doing with time. About any project replicating Solana success; that will be very hard to point out. This is crypto industry where anything is possible. I won't be surprised if even memecoins pose a challenge to it.

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November 08, 2021, 08:00:49 PM
 #8

Solana demonstrates that his existence is quite extraordinary, so that it can provide enormous benefits by providing assurance for those who always pay attention to Solana's projects clearly know this is very familiar. Solana started exploring each project consistently.
It's no wonder that lately Solana is increasingly making programs that don't take long to become successful.

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November 08, 2021, 08:05:11 PM
 #9

If study Solana, then I can highlight the following factors that influenced its success:
1. Fundamental project
2. Strongest venture funds
3. Strong community
Based on this, several projects can be distinguished that have the same factors: NEAR Protocol, Avalanche, Cosmos, Elrond, (also can add Polkadot and Cardano, but these projects are already in the top10)
The 3 points you listed are essential, but there are also others. Sometimes all it takes is pure luck or good publicity and marketing. SOL rose very fast very high. This also means that a completely new project could do something similar in a very short period of time under the right circumstances. It is impossible to predict. Invest in different small projects that you find convincing and hope for the best, but apart from that you can't do more

And the OP is saying that SOL should be in the top 3, meaning it will surpass BNB.
Which I think, is still far from happening because the scope of BNB is quite wide as of now.
And consider that it is backed by the top 1 cryptocurrency exchange as of this moment.
So surpassing BNB would be a challenge and would take so much progress from SOL's end.
But it is possible, one major factor can influence is the number of projects created under SOL network.
If we will see devs and users going to SOL and not BSC or ETH, then, there's high chance it can surpass BNB.
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November 08, 2021, 08:41:23 PM
 #10

Aleph Zero.

Without even thinking for a second time. It is launching at 10th of November as far as I know but I don't know where...

selamlar olsun.
haenko.near (OP)
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November 08, 2021, 09:01:31 PM
 #11

If study Solana, then I can highlight the following factors that influenced its success:
1. Fundamental project
2. Strongest venture funds
3. Strong community
Based on this, several projects can be distinguished that have the same factors: NEAR Protocol, Avalanche, Cosmos, Elrond, (also can add Polkadot and Cardano, but these projects are already in the top10)
The 3 points you listed are essential, but there are also others. Sometimes all it takes is pure luck or good publicity and marketing. SOL rose very fast very high. This also means that a completely new project could do something similar in a very short period of time under the right circumstances. It is impossible to predict. Invest in different small projects that you find convincing and hope for the best, but apart from that you can't do more
it makes sense, thanks for the advice
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November 08, 2021, 09:19:21 PM
 #12

dot is indeed one of the most potential to follow in Solana's footsteps.
besides that there are now a lot of militants from dot but indeed this is what is now almost promising.
I'm not even worried that in the coming year their adoption will be booming

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November 08, 2021, 10:59:08 PM
 #13

I can tell you Avalanche can do that. I have been following that project closely, with my bag too. It can give Solana some run for its token, given its high TPS and community. I believe its current run would tip it over 100$ or even more
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November 08, 2021, 11:02:24 PM
 #14

No one has the crystal ball to see what the future brings. So we can't say which projects can replicate Solana or other projects that has been successful like ADA.

To be honest, it depends on the project itself, what they can offer and how strong the people is behind and how they are going to market. And soon investors and the community will grow and obviously, the price will rise in the future.

 
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November 09, 2021, 12:40:35 AM
 #15

We all know how Solana is different from most projects out there especially the smart contracts platform after Ethereum.
Recently a lot of smart contracts started to pop, most of them are EVM compatible and some of them are layer 2 platforms, copy-paste from Ethereum.
Solana is very unique, layer 1 platform with cheap transaction fees and a very active community.

What project I am looking forward to soon is still Layer 1 and projects are easy to moved or integrate like EVM compatible and other chains too like on Solana, Polkadot.

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November 09, 2021, 01:35:47 AM
 #16

But I am interested to hear your opinion, what project could repeat the success of Solana, and just as confidently get into the top 10, and grow in price several times?
There are two projects that potentially to be the same like solana.
1. Avalanche
2. Polygon

Both have very big demand just like solana. I also saw that people were using polygon and avalanche as an alternative blockchains like ethereum. You can also try to do your own research to make sure whether it has strong fundamentals or not but i do believe both have strong fundamentals same with solana.


If study Solana, then I can highlight the following factors that influenced its success:
1. Fundamental project
2. Strongest venture funds
3. Strong community
Based on this, several projects can be distinguished that have the same factors: NEAR Protocol, Avalanche, Cosmos, Elrond, (also can add Polkadot and Cardano, but these projects are already in the top10)

You can also implement your study to analyze polygon and avalanche. both were popular blockchains that potential to be the same as solana. So many people are also saying the samething about Polygon and Avalanche

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November 09, 2021, 03:26:57 AM
 #17

I think that the next Solana will be Avalanche. It desires to develop as rapidly as possible. For this purpose, Avalanche launched a $200 million fund Blizzard that will be used to accelerate development, growth and innovation in the ecosystem. The Avalanche foundation will focus on four main areas in the Avalanche ecosystem: DeFi, enterprise applications, NFT and the cultural sphere.

Well-known funds have contributed to the Blizzard fund: Polychain Capital, Three Arrows Capital, Dragonfly Capital, CMS Holdings and others. So there are a lot of partners who are also interested in this project.
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November 09, 2021, 03:46:46 AM
 #18

Hi guys, it looks like Solana is confidently going to get into the top three by coinmarketcap. That's right, fundamental projects like Solana should be in the top 3.
But I am interested to hear your opinion, what project could repeat the success of Solana, and just as confidently get into the top 10, and grow in price several times?
If study Solana, then I can highlight the following factors that influenced its success:
1. Fundamental project
2. Strongest venture funds
3. Strong community
Based on this, several projects can be distinguished that have the same factors: NEAR Protocol, Avalanche, Cosmos, Elrond, (also can add Polkadot and Cardano, but these projects are already in the top10)

I think that NEAR suits all features that you have pointed out. As for fundamental project, it has a big ecosystem including all branches such as DEFI (Nearpa), NFT and Gaming (Mintabase, crypto empire), DAO (sputnik dao), Oracles (flux). This project also cares about privacy, working with data.
I know some guys from the development team that are specialising in gaming and they said to me that there are a lot of plans that NEAR will bring to life soon.

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November 09, 2021, 03:53:05 AM
 #19

A good sign for me is when the project encourages its community and developers to work on the development of the project and there are a lof partnerships. For example, NEAR has Launched $800 Million Grant Program. The allocated funds are being used for grants for the ecosystem, for a regional fund and startups. A bit earlier Proximity Labs Company aimed at the development of the NEAR ecosystem had announced the creation of a DAO in the amount of $350 million, intended for projects, organizations and individuals creating DeFi applications on the NEAR blockchain.
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November 09, 2021, 05:56:30 AM
 #20

Based on this, several projects can be distinguished that have the same factors: NEAR Protocol, Avalanche, Cosmos, Elrond, (also can add Polkadot and Cardano, but these projects are already in the top10)
This is what a big mistake that most people commit after a successful investment in one coin. Do not rush for copying same kind of good returns from similar projects. Most of the time this kind of approach will be facing a big failure. You need to think logically when you are having some project for addressing one particular problem then why should you need another one this is not like all all good candidates will be getting good marks.

This is an investment world, here people will invest only into a right project and not into all similar projects. Out of your list I agree with only ada. Ada is somehow old and reputed project which might sustain from here due to its strong community. Right now, it is trading at half price from ATH hence it might be a good time to get into it.

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