Is Solana full of hype?

[Pelana vreo]

Solana carries the technology developed by Bitcoin, namely POH, I see Solana claiming technology and some early investors need to know who the real inventor of POH technology is.
Solana hype? I don't think so because the solana blockchain is really fast and other project developers are currently using the solana blockchain, this is what is driving solana's price up.

[CryptoATM]

Every projects in crypto space is full of hype either meme coins, DeFI, NFT and so on but solana is way better than so many, it has what it takes to be on the top 10 lists of the best coins in crypto space, if you are a holder I suggest you have some patience because this project stil have a long way to go, it's definitely a project everyone should hold

[takngantuk]

I’m not sure, obviously it’s come from nowhere with a very low price to being one of the main coins people talk about. Some people mention it as the next ETH. I’m just not so sure, it’s had several outages & tgey just can’t continue to repeat or it’ll go to zero.

The reason while everyone is considering and always emphasised on Solana, is because of it's decrement during this few time experience of bear market, Solana doesn't fall to am extreme like other cryptocurrencies, so it seems that it has a tangible potentiality, but you can not use it and compare to ethereum potentiality, irrespective of it's domination, so you can not compare a developing coin with a coin that has already taken ground.

from the start solana still doesn't deserve to be compared to ethereum. their network is still having some problems, some times they are having very influential network problems. but compared to other new networks, i agree solana to be one that is growing very fast.

[inanilujimi]

What I know is that there are too many spam transactions on the sol network which makes transactions slow, solana for me is one of the most secure and convenient blockchains to use, but if these transaction failures continue in the future, of course, Solana will lose its price and trust investors will be dimmed if the incident keeps repeating itself.
I hope the developer really takes this seriously otherwise his position will be replaced by a better altcoin.

[Psynthax]

What I know is that there are too many spam transactions on the sol network which makes transactions slow,

Yeah that's it  but it must not make the blockchain to be shutdown for a while for so many times. I never seen that happened with another blockchain like ethereum even ethereum got so many spam aspect as well and there's something wrong with it. I guess that this was a horrible thing. What will be happening if the spam attack will be happening forever? that will be disrupting the users of blockchain.

I hope the developer really takes this seriously otherwise his position will be replaced by a better altcoin.

The developers is seeking for the best solution to be implemented but im sure that this gonna be a long term solution. This blockchain was full with hype and people never expected the blockchain to get shut down so many times.

[Pujangga]

I think Solana still has great potential to be better than now, many predictions believe that Solana can beat BSC so many people speculate to invest in Solana and I also invest in Solana and of course hope Solana can skyrocket again.

[tyz]

Do you think Solana is full of hype? If not, why? What will happen with SOL's price if network disruptions persist? Will it mark the end of Solana for good? Or will the blockchain network survive for a long time? Your input will be greatly appreciated. Thanks in advance.

Yes! The whole development of Solana kind of reminds me of EOS, NEO and TRON four five years back. Back then, the projects were massively hyped and dubbed as Ethereum killers, even though it was already known at the time that they were too centralized. Today, these projects hardly play a role in current developments. It's exactly the same with Solana now. Everyone calls it an Ethereum killer because it is significantly faster and cheaper, but also makes big sacrifices in decentralization, which sometimes leads to the chain having to be stopped (which is a complete joke with cryptocurrencies). I believe that Solana will have the same situation as the above-mentioned projects.

[herurist]

Solana carries the technology developed by Bitcoin, namely POH, I see Solana claiming technology and some early investors need to know who the real inventor of POH technology is.
Solana hype? I don't think so because the solana blockchain is really fast and other project developers are currently using the solana blockchain, this is what is driving solana's price up.

It's true that right now they are not only hype, but their project is quite promising in my opinion.
their transaction capacity is 50,000 per second CMIIW and with this the Solana platform can help usher in a new generation of scalable blockchain based programs with real world utility.
Besides that, the platform's advantages in speed and transaction capacity can help maintain momentum so that they stay strong and get noticed by others and most importantly, their gas is quite friendly and this makes them loved and in demand.

[Ararbermas]

Well previously it was full of hype but afterwards SOL become so weak and cant even recovered from the dip like what happened to some NFTs in the market such SLP band axie after the hypes. So for me in my personal opinion we cannot tell if its still the same once the market fully recovered because you know everything changed and it's been how many months.. So let's see if it's still have potential to make hypes.

[royalfestus]

I’m not sure, obviously it’s come from nowhere with a very low price to being one of the main coins people talk about. Some people mention it as the next ETH. I’m just not so sure, it’s had several outages & tgey just can’t continue to repeat or it’ll go to zero.

I dont know how the bear market will look this time if we have a supercycle because bear market reveals a lot about overvalued project, I feel some top projects like Solana and near maybe overvalued and large token held by team and partners. The adoption of Solana has increase in the last 12 months and  I feel high marketcap is an advantage for a project with solid developers and investors 

[StarKay]

Do you think Solana is full of hype? If not, why? What will happen with SOL's price if network disruptions persist? Will it mark the end of Solana for good? Or will the blockchain network survive for a long time? Your input will be greatly appreciated. Thanks in advance.

Every cryptocurrency requires a level of hype for marketing purpose otherwise investors will get bored and feel that the Devs are not working so Solana also have been hyped but I won't use the term "full of hype" I reserve that term for scam projects that have nothing to offer.
Solana's price will be affected negatively if network disruptions persist but I don't think the developers will allow that to continue to happen.
The major advantage of Solana is the cheap txs fee and also fast txs time over Ethereum, I read somewhere that if ETH high gas fees persist Solana is likely to takeover the NFT market place.

[X-ray]

I think Solana still has great potential to be better than now, many predictions believe that Solana can beat BSC so many people speculate to invest in Solana and I also invest in Solana and of course hope Solana can skyrocket again.

Yeah but this problem must be solved as soon as possible. You can't even speculate if people will be stay with this blockchain if this blockchain will always gets shutdown anytime. What in the hell people  who wanna try to use the blockchain that was always getting cloged and it's non decentralized as when it gets massives amounts of transactions and the blockchain itself can't handle it and the result is blockchain was getting down and down anytime.
Remember that even loyal supporter can change their mind if the blockchain will always be showing very bad performance. I expect some people may avoid to use this blockchain if this problem will not be solved soon.
let's see what will be happening with solana.

[Sayeds56]

I’m not sure, obviously it’s come from nowhere with a very low price to being one of the main coins people talk about. Some people mention it as the next ETH. I’m just not so sure, it’s had several outages & tgey just can’t continue to repeat or it’ll go to zero.

I dont know how the bear market will look this time if we have a supercycle because bear market reveals a lot about overvalued project, I feel some top projects like Solana and near maybe overvalued and large token held by team and partners. The adoption of Solana has increase in the last 12 months and  I feel high marketcap is an advantage for a project with solid developers and investors  

Current bear market should be different from previous ones as we have seen massive adaption by Institutions during the past year which in principle should reduce volatility of Bitcoin. I strongly believe that Solana has great future because their team has done remarkable job to enhance transaction speed and addition of new futures likes, NFTs and Metaverse, The only issue with Solana is sustainability of its network during congestion which has failed many times during the  past months. I trust the team is capable  resolve this issue soon.

[Abiky]

Yes! The whole development of Solana kind of reminds me of EOS, NEO and TRON four five years back. Back then, the projects were massively hyped and dubbed as Ethereum killers, even though it was already known at the time that they were too centralized. Today, these projects hardly play a role in current developments. It's exactly the same with Solana now. Everyone calls it an Ethereum killer because it is significantly faster and cheaper, but also makes big sacrifices in decentralization, which sometimes leads to the chain having to be stopped (which is a complete joke with cryptocurrencies). I believe that Solana will have the same situation as the above-mentioned projects.

Exactly. These so-called Ethereum killers are nothing more than a sham. Why'd you want low fees and blazing-fast TX confirmation times if the underlying blockchain is subject to disruptions and/or attacks because of its centralized design? Solana may have reached that far in terms of price, but if network outages persist, then it'll go down the drain at a very fast pace.

Right now, SOL is valued at $90 (USD) from an All-time-high of more than $200 per coin. It's the seventh-largest cryptocurrency by market cap, sitting behind Ethereum, Cardano, BNB, and the others. If developers don't prioritize decentralization, then Solana may become another EOS or TRON. These last two are forgotten by the community due to their heavily-centralized design. May this be a lesson to noobs that crypto is all about decentralization and censorship-resistance (not convenience/ease-of-use). Who knows what will be of the hyped Solana project within a couple of years from now? Just my opinion

[amishmanish]

Solana does not yet have a proper working web wallet that can be used for all their apps.

When you first install it, a simple act as "adding" a token will cost you a fee in Sol. Not only is it centralized in terms of the consensus mechanism, it is extremely centralized in terms of distribution. Most of the Solana is held by VCs and other backers who got their tokens for pennies.

The pump has mainly been due to some big names putting their weight behind it, which as usual led to retail sheep buying it up with dreams in their eyes. Needless to say that those hopes evaporated with the drop in prices.

On top of all this, the blockchain has now "stopped" producing blocks at 2 instances for days together. At such time, the developers just "restart" the chain. All along this time, retail and small players remain stuck while the "developers" can easily provide access to the bigger players on their own terms (Its majorly owned by VCs).

If Solana is the future of blockchain, then it is a clear indication that this space will surely go to zero.

[JayTrain]

Solana is a project with great potential, included in the top 10 CMC, but I still think that such projects should work 100% in terms of blockchain, too often there are breakdowns in the network, which is not acceptable for a project that is included in the top CMC. I hope the developers will fix this network once and for all, and we will not observe similar breakdowns.

[sana54210]

These so-called Ethereum killers are nothing more than a sham. Why'd you want low fees and blazing-fast TX confirmation times if the underlying blockchain is subject to disruptions and/or attacks because of its centralized design? Solana may have reached that far in terms of price, but if network outages persist, then it'll go down the drain at a very fast pace.

Right now, SOL is valued at $90 (USD) from an All-time-high of more than $200 per coin. It's the seventh-largest cryptocurrency by market cap, sitting behind Ethereum, Cardano, BNB, and the others. If developers don't prioritize decentralization, then Solana may become another EOS or TRON. These last two are forgotten by the community due to their heavily-centralized design. May this be a lesson to noobs that crypto is all about decentralization and censorship-resistance (not convenience/ease-of-use). Who knows what will be of the hyped Solana project within a couple of years from now?

I would guess that people are still hoping for it to get better and can use it without any breaks. However, even if they could, that is not the point and the centralization is the important part but they keep missing that point.

I kind of understand the idea though, people feel like Vitalik turned ETH into centralized, and BNB was Binance's coin all along, and XRP was too, LTC had Charlie and all kinds of centralization. I do not think that there are too many coins with "true" decentralization, sure there are some but not a lot and that is why I feel like we are not seeing people be bothered by SOL being so centralized, they are used to it by now.

[tyz]

Right now, SOL is valued at $90 (USD) from an All-time-high of more than $200 per coin. It's the seventh-largest cryptocurrency by market cap, sitting behind Ethereum, Cardano, BNB, and the others. If developers don't prioritize decentralization, then Solana may become another EOS or TRON. These last two are forgotten by the community due to their heavily-centralized design. May this be a lesson to noobs that crypto is all about decentralization and censorship-resistance (not convenience/ease-of-use). Who knows what will be of the hyped Solana project within a couple of years from now? Just my opinion

I bet that when the NFT hype is over, Solana will also gradually become less and less important (NFT will stay, but sooner or later the topic will be overtaken by another hype, like many hypes before). Currently I can't find any information on how Solana will reduce its strong centrality without losing its speed advantages. I would be very surprised if Solana is still in the top 10 crypto projects in two three years.

[Coyster]

If implemented, Solana would become much more centralized than it is right now, greatly defeating the whole purpose of crypto/Blockchain tech. It would be no different than traditional banks. Yet, people keep pouring money like crazy into SOL as they're only focused on becoming rich quick. They don't care about decentralization, as convenience goes on top of everything else.

I'm afraid only quite a handful of investors today actually worry about essential things like decentralization, privacy, anonymity, etc, many of the investors we have today are more or less "get rich quick" investors that'll worry about nothing but to make fast profits/get rich. Personally when I'm dealing with crypto, I usually avoid coins that are 'centralized', I use digital currencies for many reasons, of which decentralization happens to be one very important reason, so if a coin isn't assuring me decentralization, I do not use it, and that's why I actually haven't bought any Solana. Having said that, I've followed the coins progress, and I must say quite a lot of investors are enthused by the project as it has pumped of recent, but Investors must still be careful, I'll not call it a complete hype, but people investing should put only what they can afford to lose cause there could be a big dump sooner or later.

[RiskySanchez]

Right now, SOL is valued at $90 (USD) from an All-time-high of more than $200 per coin. It's the seventh-largest cryptocurrency by market cap, sitting behind Ethereum, Cardano, BNB, and the others. If developers don't prioritize decentralization, then Solana may become another EOS or TRON. These last two are forgotten by the community due to their heavily-centralized design. May this be a lesson to noobs that crypto is all about decentralization and censorship-resistance (not convenience/ease-of-use). Who knows what will be of the hyped Solana project within a couple of years from now? Just my opinion

I bet that when the NFT hype is over, Solana will also gradually become less and less important (NFT will stay, but sooner or later the topic will be overtaken by another hype, like many hypes before). Currently I can't find any information on how Solana will reduce its strong centrality without losing its speed advantages. I would be very surprised if Solana is still in the top 10 crypto projects in two three years.

If Solana develops the technology on a metaverse scale, I think it will survive in the next two or three years as we know Solana is a blockchain platform that has a growing ecosystem and will become an ETH killer, it just takes time Solana will take over the hype market