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Author Topic: Does Solana have a future?  (Read 782 times)
Smack That Ace
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April 13, 2022, 03:48:14 AM
 #121

Lol, well this is bitcointalk, what did you expect from the quality haha. And obviously they are not competition to bitcoin, they never were, and they never could be anyway. I wouldn't say shitcoin pile to where they are, SOL could be a bit shitty, I sold mine because I feel like it is way too centralized with how they are controlling the blockchain and I do not like that, even BNB is more centralized and doesn't do those things which is a proof that SOL is not only centralized by authoritarian as well.

But, people like that would defend it no matter what happens and because of that reason I believe that maybe they can have a future, not a deserved one but a hyped one, kind of like doge.

Solana is extremely centralized, so I wouldn't consider it as a serious long-term investment. Most people don't care about this, so they will still pour money into the cryptocurrency as long as they're able to make profit in the shortest time possible. Knowing that crypto is mostly driven by hype, I'd say there is a future for Solana. How far will it go in terms of price, will greatly depend on the rules of supply and demand.

I hope the project's developers do the right thing by prioritizing decentralization in order to make Solana stand the test of time. Everything is open sourced these days so if Solana fails, another project based on the same technology will take over the world by storm. As long as Bitcoin remains as the "King of Crypto", nothing else matters. Just my opinion Smiley

Altcoins are mainly centralized because in order to get a fast network and have cheaper transaction fees than the rest of their competitors, they have to make trade-offs. All altcoins are just tools for us to make profit over time, they will be replaced by better altcoins. Only bitcoin is the most valuable long-term holding.

About Sol, I still believe that in the coming years it will grow and have a definite place in crypto what it has shown in 2021 is really impressive and this year Luna is what I think it will be like Sol last year.

Remember that Bitcoin is still beta software. Don't put all of your money into BTC!
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Blowon
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April 13, 2022, 04:13:17 AM
 #122


What do you think about this project? Will it have a future? If not, why? Your input will be greatly appreciated. Thanks in advance. Smiley
Solana still has good development, performance, and also a professional work team. Solana future cannot be measured by mere price, although we don't know for sure how Solana will be in the future, at least we can see her potential from how Solana can survive in extreme markets, I have followed Solana since 2020 they continue to grow well, I believe Solana part from a bright future, but we need to be patient how to see Solana will explode again in the future.

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JohnBitCo
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April 13, 2022, 04:17:02 AM
 #123

Rest assured of it. The unnecessary problems have been solved, but they are becoming stronger and stronger. Looking at its popularity in this space, I am sure in the future, the Solana ecosystem will compete directly with other leading platforms. I see their development is going in the direction that CZ did with Binance. I believe the future will be huge and strong in every area that can be solved in the market.
well, i also see solana like you said. and now we can see that solana is almost close to BNB in ​​terms of popularity. although for sure I don't think it will be able to beat BNB but it's close enough. and under solana now there is someone who wants to pursue Solana's success, namely Avax.

Initially i was very much optimistic about solana blockchain as it seems to be very fast and efficent. I also belived that solana blockchian will take over the binance smart chain at some point but my opioion is totally changes atfer i heard of some type of bug in the SOL blockchain. Perhaps we cannot trust the centralized blockchian lile solana only on the basis of speed and less secure as compare to ethereum blockchain.
My advice is that we can still invest in SOL but do not invest everything in solana.
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April 15, 2022, 06:46:16 AM
 #124

One thing is constant which is change, I believe solana chain will get better but I fear there are many chains that will offer better and possibly overtake in adoption. Although we are yet to see it now, I see many coming in that directions. I will give them to effect positive and high security changes to their chains.
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April 15, 2022, 09:16:09 PM
 #125

The hype around the Solana blockchain is gradually declining and this is because of so many ruse around it. Solana has a blockchain is a very alternative to ethereum but the projects that make use of the Solana blockchain do not only ridicule it but use it so Scam crypto lovers. All said and done i am still of the opinion that Solana as a blockchain has come to take it own quarter from the crypto space which means it has come to stay

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ololajulo
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April 15, 2022, 09:37:52 PM
 #126

Solana might have some better development but they are not the best at those things in cryptocurrency.Toward the end of 2021 Solana, Near etc did well, they are made of rich team member. thhat have enough money to pump the market and make good return. Such coins have already lost over 90% value.

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Ziskinberg
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April 15, 2022, 10:06:22 PM
 #127

I believe Solona has a great future, where there are many supporters for Solona's network such as Dropbox, and others.
and as we know sOL  be a star in 2021 and history will repeat itself I'm sure of it
We can't just believe as the truth is that Solana carries the potential and can really be considered for long-term investment.
What just the team needed to help spread the word of Solana in the market and keep showing big development as this will surely gain more trust and give confidence to the investors.

It wasn't hard for them to improve for they already have the support, they just need to keep moving.
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DoublerHunter
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April 15, 2022, 10:18:00 PM
 #128

^ In fact, SOLANA is also a part of the ETH killer which is the SOLANA network has the potential to use by any new project. We saw that there is a development for the SOLANA network and for sure it has the potential to invest. For a long-term purpose, SOLANA will probably be worth it to hold but if you will compare it to the other coins there is much better than SOLANA.
Nevertheless. if you have enough amount to invest in SOLANA, I think it is the best option too if you will hold some of them.
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April 16, 2022, 01:23:36 PM
 #129

One thing is constant which is change, I believe solana chain will get better but I fear there are many chains that will offer better and possibly overtake in adoption. Although we are yet to see it now, I see many coming in that directions. I will give them to effect positive and high security changes to their chains.
SOL could get better in the future, but it will take a while before they could actually get better, it is going to be quite tough thing and they will have a lot of trouble while doing that as well. I believe that we are going to see them not do so well until they do well. We are going to be through a period of bloodshed and then eventually we are going to end up at a place where it is much better for everyone involved.

This means that we are not going to be getting richer overnight, that is not going to happen and we are going to see it go down a lot before it could get better. I can sense it being even as low as 50 bucks before being 500 bucks, but it could get there anyway.

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April 19, 2022, 01:30:02 PM
 #130

Altcoins are mainly centralized because in order to get a fast network and have cheaper transaction fees than the rest of their competitors, they have to make trade-offs. All altcoins are just tools for us to make profit over time, they will be replaced by better altcoins. Only bitcoin is the most valuable long-term holding.

About Sol, I still believe that in the coming years it will grow and have a definite place in crypto what it has shown in 2021 is really impressive and this year Luna is what I think it will be like Sol last year.

Of course. Altcoins often sacrifice decentralization in exchange for high-performance and cost-efficiency. Solana is no exception to this. It'll be up to the person to decide which type of Blockchain network to use for his/her own benefit. My guess is that businesses and companies will use the Solana chain, while ordinary people will use Ethereum the most (as it's still the most popular smart contract platform despite the high fees and slow TX confirmation times). Development is still on-going for Solana, so it's likely the project will have a bright future ahead of it.

Hype usually drives prices all the way to the moon, so SOL may turn out to become widely successful in the future if hype persists. As long as there are decentralized cryptocurrencies in play, nothing else matters. Just my opinion Smiley

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