Does Solana have a future?

[Abiky]

their main problem is dealing with frequent network outages. but I think it can be worked out in the future, and I'm sure they're trying to work around that. So if asked if SOL has a future, I think yes. they have a future, maybe among other blockchain network projects SOL has a better future.

Believe me, frequent network outages are a pain in the head. It's like trying to use a credit card whose transactions get declined for no reason. A broken system will definitely scare away investors and traders alike. Luckily, Solana is an open source project so it's easy for anyone to make it bigger, better, and stronger than ever. The project has potential to take away the "De-Fi" world by storm. It'll be up to developers (and the community itself) to do the right thing. Otherwise, Solana will continue to decline in price until it fades away into oblivion.

Right now things look "bleak" for Solana, so we cannot determine how it'll perform in the future. As long as you don't invest more than what you can't afford to lose, you'll have nothing to worry about. Just my thoughts

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[fzkto]

I think the future is always the same for any altcoin. Except of course for really good projects, but there is only one so far, and that is Ethereum. All the other projects come and go, it happens all the time year after year. I think that in time a new Solana will come along, which will be much better than the current one. History always repeats itself.

[raidarksword]

their main problem is dealing with frequent network outages. but I think it can be worked out in the future, and I'm sure they're trying to work around that. So if asked if SOL has a future, I think yes. they have a future, maybe among other blockchain network projects SOL has a better future.

I agree that they have a big future ahead in the blockchain technology though they have some issues network congestion lately but still they are promising project out there and still believe they will rise up to its next ATH. Its just a matter of time that Solana will be one of leading blockchain technology in the crypto space.

[Questat]

Price drops I think is normal for any coin, it's not a serious threat to a cryptocurrency project.
As long as Solana is still being developed by developers, then there is good potential for Solana's future, regarding the performance of Solana's network I can't doubt it, it could be that the Solana network will become the No.1 network in the future replacing ethereum if the solana project is able to attract the community for their project.

Yes, you are right citing it was a normal market situation but as we talk about in the future, that is something different. We have to see the performance of the project, what happens now or even in the past days will also matter to predict what possibly happens in the future. Unfortunately, Solana doesn't have an impressive performance which makes some investors think negatively about this and even doubtful of its capabilities. Not even to think it surpass ETH, that is impossible.

[Chrtycharity]

Grayscale investment launches Solana, Avalanche, Polygon and Cardano Smart Contract Fund.
Grayscale, is a cryptocurrency asset management company, is adding non-Ethereum smart contract tokens to its line of investment funds. The Grayscale Smart Contract Platform ex Ethereum fund, or GSCPxE, let investors participate in some of the most popular smart contract networks and Ethereum sidechains. Solana, Cardano, Avalanche, Polkadot, Polygon and Stellar are among the altcoins included in the fund.

[kojektea]

What do you think about this project? Will it have a future? If not, why? Your input will be greatly appreciated. Thanks in advance.

Solana has great potential if it is seen from the project performance that is so professional.
From several angles as a project analysis, Solana is quite feasible to be used as an investment for the long term because the platform is quite good at managing their ecosystem.
So far, Solana has been able to compete with several network projects such as Binance Smartchain or Matic.
In fact, in my opinion, Solana is in second place after ethereum as the best network project in cryptocurrency.
This is because their network is almost perfect, and even continues to be developed to this day.
When it comes to prices, to consider the current price it doesn't matter because the market is indeed in a downtrend, we are here for the long future.

[fuguebtc]

What do you think about this project? Will it have a future? If not, why? Your input will be greatly appreciated. Thanks in advance.

2021, Solana becomes a bright star of the market. However, for those who follow Solana, it can be seen that the ecosystem is not having much growth, even declining recently.
IMO, I still rate SOL as one of the potential and long-term investment projects. Of course, the SOL development team needs to work even harder to fix the problems that SOL is having. SOL as well as other projects are still very young compared to ETH. No project is 100% perfect so SOL needs more time to perfect itself.

[ijeb]

The devs rushed a bit to run the mainnet without fully testing the capabilities and now they are facing issues solving some of the new problems.
In time they might get over it and set everything in order so the Solana chain could exist. Diversity in crypto is a good thing.

[retreat]

Price drops I think is normal for any coin, it's not a serious threat to a cryptocurrency project.
As long as Solana is still being developed by developers, then there is good potential for Solana's future, regarding the performance of Solana's network I can't doubt it, it could be that the Solana network will become the No.1 network in the future replacing ethereum if the solana project is able to attract the community for their project.

solana won't be able to shift ethereum because there are still quite a lot of bugs encountered in solana. Solana network may in the future be one of the most popular networks but Ethereum cannot be replaced by Solana because Ethereum is the first altcoin to adopt smart contracts.

[Webetcoins]

What do you think about this project? Will it have a future? If not, why? Your input will be greatly appreciated. Thanks in advance.

must have a future. just look at networks that don't have a lot of active dapps can still survive in the market. Wave, EOS, stellar and other smart contract projects are still on the market. so don't be afraid Solana will die or have no future. this year is solana year, the project is growing very fast and the price of SOL coin is rising through ATH. although they still have problems, but it's not serious enough.

If the networks that don't have a lot of project had survive then why not solana when solana has a lot of projects but the reason why the networks that you mention have survive is because they are not new here anymore but they have done a lot of contributions in the past.

Not sure if solana is old enough but I have not seen solana hyped before so you could be right that it was not the time for solana to shine. It's a late bloomer. What problems does solana have again? Never heard of it but that can be minor only and not really serious which can affect the development of the coin. There's no coin here anyway that are perfect with no issues.

[Dollar_Hunter]

Price drops I think is normal for any coin, it's not a serious threat to a cryptocurrency project.
As long as Solana is still being developed by developers, then there is good potential for Solana's future, regarding the performance of Solana's network I can't doubt it, it could be that the Solana network will become the No.1 network in the future replacing ethereum if the solana project is able to attract the community for their project.

solana won't be able to shift ethereum because there are still quite a lot of bugs encountered in solana. Solana network may in the future be one of the most popular networks but Ethereum cannot be replaced by Solana because Ethereum is the first altcoin to adopt smart contracts.

Why not? Solana can indeed be an ethereum competitor, moreover Ethereum is also rumored to not be able to be mined anymore,

and will switch to PoS, of course this will be a good thing for Solana, because Solana is already using the PoS algorithm without any problems,
Solana's price has also shown this which is very extraordinary, from $3 to $200 last year is a great thing, of course SOL is very bright in the future

[andyou1234]

solana is one of the altcoins that is included in the top 10 of CMC and has strong fundamentals in the crypto market apart from that the adoption of this coin is increasing from time to time so I am very optimistic that solana will grow back along with improving market conditions, and I believe solana has bright future in cryptocurrancy.

[barbara44]

My honest 2 cents is that all altcoins have potential. But also,,, all scam coins have potential.

Not saying that SOL is a scam but it does not at all look different from other "challenger" networks. Tries to get Defi in, then tries to get nft in and now gaming and metaverse also.

Only pro is cheap fees.

I would have to say that it is clear to me we are not going to end up with a big deal out of "all" coins. I mean it is obvious that some of them will fail. Maybe it is the veteran in me, but I know that shiba and the likes will fail, the memecoin ones. How do I know this? Because if a project is basing all of the success on hype alone then it will die, hype is temporary and it will not continue.

What I believe however will happen is that we will see a lot more people making a better coin or token, where the features and the roadmap has serious stuff in it, even better there will be some new features that we haven't seen before, those will succeed.

[wozzek23]

Solana is a good project and it has been growing back as of recent. And I have read a lot of experts analysis on the cryptocurrency and they are all mostly positive. Most of them expect more than two hundred percent (200%) increase in 2025 and even more by 2030. So, the same thing you believe is what a lot of people do believe; that it will continue to grow in the future, as long as the developers continues to work hard to better the platform of Solana.

Although something else I have seen a lot of people complain about this project is its centralized form. But I have heard that they working towards being as decentralized as Ethereum and Bitcoin this year, and let’s hope they make that happen.

[leea-1334]

Not saying that SOL is a scam but it does not at all look different from other "challenger" networks. Tries to get Defi in, then tries to get nft in and now gaming and metaverse also.

Only pro is cheap fees.

I would have to say that it is clear to me we are not going to end up with a big deal out of "all" coins. I mean it is obvious that some of them will fail. Maybe it is the veteran in me, but I know that shiba and the likes will fail, the memecoin ones. How do I know this? Because if a project is basing all of the success on hype alone then it will die, hype is temporary and it will not continue.

What I believe however will happen is that we will see a lot more people making a better coin or token, where the features and the roadmap has serious stuff in it, even better there will be some new features that we haven't seen before, those will succeed.

Honestly speaking,,, one does not need to be a veteran to know that all memecoins will eventually fail because of the reason you say. Nothing but hype, and spending new money on marketing to get more new money in.

And if we are being objective things like Solana are exactly the same.

Roadmap? Serious stuff? I thought you were a veteran;) That used to be all that ICOs did. Some of the best scams had brilliant whitepapers and roadmaps. New projects do not even bother these days with whitepaper

[mumang siat]

Not saying that SOL is a scam but it does not at all look different from other "challenger" networks. Tries to get Defi in, then tries to get nft in and now gaming and metaverse also.

Only pro is cheap fees.

I would have to say that it is clear to me we are not going to end up with a big deal out of "all" coins. I mean it is obvious that some of them will fail. Maybe it is the veteran in me, but I know that shiba and the likes will fail, the memecoin ones. How do I know this? Because if a project is basing all of the success on hype alone then it will die, hype is temporary and it will not continue.

What I believe however will happen is that we will see a lot more people making a better coin or token, where the features and the roadmap has serious stuff in it, even better there will be some new features that we haven't seen before, those will succeed.

Honestly speaking,,, one does not need to be a veteran to know that all memecoins will eventually fail because of the reason you say. Nothing but hype, and spending new money on marketing to get more new money in.

And if we are being objective things like Solana are exactly the same.

Roadmap? Serious stuff? I thought you were a veteran;) That used to be all that ICOs did. Some of the best scams had brilliant whitepapers and roadmaps. New projects do not even bother these days with whitepaper

Actually we also have to understand that the concept of altcoins is indeed more dependent on hype, so no single altcoin is able to be at a big point like bitcoin, I studied individually about altcoins, but what I found almost all of them were influenced by the ongoing hype, one- the only difference is how big and small the hype is, so objectively as you say is very true, no big Votality for altcoins. Even if there is, only Ethereum and BNB and the rest are pretty much the same pattern they run

[Bitstar_coin]

...That said, there might still be hope for Solana if developers continue to improve the network to help prevent further outages from occurring again. Helping build new technologies take time to make them as rock-solid as possible. If all goes well, we might see a better version of Solana 10 years from now.

What do you think about this project? Will it have a future? If not, why? Your input will be greatly appreciated. Thanks in advance.

I think you already answered the question about solana having a future in your explanation, like you already said, as long as the developers continue improving the network to protect it from further occurrence everything will be fine, besides, solana blockchain is still on alpha stage despite the sudden popularity. besides, other blockchain also experience different network issues that doesn't mean they don't have a future, look at eth also have its own issues, i don't think there is any blockchain that is 100% free of any technical issue.  

[Victorik]

There are many factors to judge if a project has a future or not. The some of the factors are;
 • what problem does the project intend to solve?
• does the team have the experience and capability to pull the project through?
• is the project actually solving the problem?

If the above questions can be answered in the affirmative, then hopefully the project will succeed.

Solana was built to solve the problem of transactions fee, transaction scalability. So, with time I am sure the team will get it right and do very well in the future.

[Marvell1]

I think the future is always the same for any altcoin. Except of course for really good projects, but there is only one so far, and that is Ethereum. All the other projects come and go, it happens all the time year after year. I think that in time a new Solana will come along, which will be much better than the current one. History always repeats itself.

Agree that there will be better altcoins to replace, looking at Topcoins 2017 and 2022 We saw a very clear difference. Most topcoins have been replaced by better altcoins, only BTC and ETH hold their ground. But the market is growing day by day, we should expect more successful projects than failures. Although Solana, DOT, Near… may not be able to replace ETH but I still believe and hope they will develop and exist with the market.

[super bako]

seasons are always a breath of fresh air, where the right position we plunge is the best position. solana for me is a good coin and has the potential to live long term which can be said is still young. the development of the concept of the solana agenda I am sure there will still be a lot that will happen in the future, it has a good impact on holding solana now