Solana survived the crash

[vv181]

Solend a decentralized loan project build on solana network almost create what could have been another sad story in the development of crypto currencies  but wisdom from solana government and voters safe the day. We could have had the same story of Luna in our hand if not decisions to stop whales from dumping. Good one from solana team.

Taking over someone's account is a pearl of wisdom? I don't think so.

The consequence is irrelevant, the platforms are built within the fragile platform, and there are no such things as emergency or for the sake of greater good either for Solana or UST. The problem is not whether it's some whale account or a regular small user, but the decentralization that it promised. The platform is implicitly stealing and guess what, the majority of the user are in favour of it.

[popeye95]

Too soon to say Sol has survived the crash or gotten out of it. Try to zoom out the chart to see Sol ain't really did better compare to the rest of crypto. One thing is for sure, Sol market now did indeed have a lot of volatility, should watch out.

[bitkanu]

Solana from its chart, still more or less following the trend of btc, it even has its correction that causes it to lose majority of its value, I doubt it could be said that they succeed overcoming against the current trend.
Instead, solana is just like any other altcoins, just like ETH that also have massive correction after luna disaster further push the significance of the trend.
Although it could be said that solana still better off than most of the altcoins out there.

[CaVO32]

Solana from its chart, still more or less following the trend of btc, it even has its correction that causes it to lose majority of its value, I doubt it could be said that they succeed overcoming against the current trend.
Instead, solana is just like any other altcoins, just like ETH that also have massive correction after luna disaster further push the significance of the trend.
Although it could be said that solana still better off than most of the altcoins out there.

They have good foundation to begin with, so even if they suffer loss in this period, they can get back again as for me, they are not an empty project. They do have real use case and that's the reason why some projects are using their network. When btc starts to rise again, I think, SOL can keep up with the btc market. But of course, if you are a holder, better keep an eye in terms of their developments. At least check if their targets are moving.

[Hypnosis00]

Solend a decentralized loan project build on solana network almost create what could have been another sad story in the development of crypto currencies  but wisdom from solana government and voters safe the day. We could have had the same story of Luna in our hand if not decisions to stop whales from dumping. Good one from solana team.

As long as the team won't give up and is still committed to supporting their project in this challenging situation, there is no way it won't recover.
I believe that Solana had something to prove to us. The market crash is just a tool for us to see which project would stand still and I know Solana has the capabilities to do it. Well, of course, that also with the help and trust of the investors but this will also depend on how the developers work on their job.

And besides, it is quiet to see movements in Solona's prices, a certain indication that there are buying and selling activities which means, trading is still alive and kicking.
Luna is going dead while Solana still has a bright future.

[inanilujimi]

Honestly this case is still in prevention in my opinion, and the main problem has not really been resolved as far as I have observed, defi is so scary when whales have played their part to get what he wants, I hope there are no more cryptos that are already in the top 10 CMC is experiencing a meltdown like Luna because it will destroy the crypto image that has been built for years.

[TopT3ns]

Solend a decentralized loan project build on solana network almost create what could have been another sad story in the development of crypto currencies  but wisdom from solana government and voters safe the day. We could have had the same story of Luna in our hand if not decisions to stop whales from dumping. Good one from solana team.

I think all cryptocurrencies were affected by the bitcoin price collapse some time ago because indeed all price movements depend on bitcoin price movements, while solana's collapse is not too deep because I think the developers understand that and provide very strong support to keep the price stable.

[zasad@]

Solend a decentralized loan project build on solana network almost create what could have been another sad story in the development of crypto currencies  but wisdom from solana government and voters safe the day. We could have had the same story of Luna in our hand if not decisions to stop whales from dumping. Good one from solana team.

I think all cryptocurrencies were affected by the bitcoin price collapse some time ago because indeed all price movements depend on bitcoin price movements, while solana's collapse is not too deep because I think the developers understand that and provide very strong support to keep the price stable.

https://www.coingecko.com/en/coins/solana
250$->35$
86% price drop, that's a very big drop.
Most of the coins are held by foundations, so they have made good money on such a pump and may soon be buying up coins for a new pump.

[litepool.ru]

Basically, recent times are not a very good time for many people who are investing in cryptocurrencies. Not only SOL, but many other coins are in the same situation. But some cases like Solend make me feel more suspicious than DEFI's nature with the platform. Speaking of SOL, I don't think they're too bad when it comes to what has happened. It's understandable that things will continue, and the development team will fix it to bring SOL back and stronger in the future. I'm not a huge fan of it, but to be honest with what I've experienced using and holding some coins on the platform, SOL brings joy to some people, and also sadness to others. This, as well as a slew of other coins, are doing to investors and users.

[passwordnow]

https://www.coingecko.com/en/coins/solana
250$->35$
86% price drop, that's a very big drop.
Most of the coins are held by foundations, so they have made good money on such a pump and may soon be buying up coins for a new pump.

Yup, most of these foundations did really make a lot of money from the pump, and those that have good intentions as a foundation will come out. But those that have ill intentions will come out as what they really intended to be. Soon, the bull run will come again and those that are just waiting for that signal will buy before the huge pump that awaits. It's starting to become a trend these days with these projects that have been at the top and starts to show how they struggle.

[Smitty Werben Man Jensen]

Solend a decentralized loan project build on solana network almost create what could have been another sad story in the development of crypto currencies  but wisdom from solana government and voters safe the day. We could have had the same story of Luna in our hand if not decisions to stop whales from dumping. Good one from solana team.

I think all cryptocurrencies were affected by the bitcoin price collapse some time ago because indeed all price movements depend on bitcoin price movements, while solana's collapse is not too deep because I think the developers understand that and provide very strong support to keep the price stable.

That's what Bitcoin is like and it's common knowledge that the price movement of other coins depends on the price of Bitcoin,
other than that need to be grateful also that Solana has an amazing developer,
Let's see what developers will do to make Solana's price rise again

[CapGelatik]

Solend a decentralized loan project build on solana network almost create what could have been another sad story in the development of crypto currencies  but wisdom from solana government and voters safe the day. We could have had the same story of Luna in our hand if not decisions to stop whales from dumping. Good one from solana team.

Last year Solana had a price at a high level of $250, and now it is only at $38,
is this what Solana means to survive the bear market? only SOL has experienced this,
we can't avoid this Bear market just by holding SOL, but for the long term,
of course Solana is one of the very good altcoin projects

[Bonenx14]

Too soon to say Sol has survived the crash or gotten out of it. Try to zoom out the chart to see Sol ain't really did better compare to the rest of crypto. One thing is for sure, Sol market now did indeed have a lot of volatility, should watch out.

That's something to be wary of right now, but I'm also still not sure if Sol will get any worse because Sol's side knows that under current conditions it takes a lot of hard work to maintain the value of the product that is already in the market. So don't worry too much about this because when the market starts to improve, the Sol will also get better.

[ledu_ico]

Hi,

Nice to hear that Sol has survived the expected crash.  Have you heard of $LEDU ?

Kindly join our Official channels to get updates on $LEDU

https://t.me/ledu_token

https://twitter.com/eduecosystem1

[Kelvinid]

Solend a decentralized loan project build on solana network almost create what could have been another sad story in the development of crypto currencies  but wisdom from solana government and voters safe the day. We could have had the same story of Luna in our hand if not decisions to stop whales from dumping. Good one from solana team.

Last year Solana had a price at a high level of $250, and now it is only at $38,
is this what Solana means to survive the bear market? only SOL has experienced this,
we can't avoid this Bear market just by holding SOL, but for the long term,
of course Solana is one of the very good altcoin projects

maybe you have to look at the other projects as even Bitcoin had suffered a huge dump of more than 50%. It is likely to see that the entire market is affected, nothing has been exempted. However, even seeing such a huge price deduction is not the basis to say and think that Solana will die. Investors will help to change the direction of its trend, they keep holding as a way to support the team and project development. As to the moment that Bitcoin will pump, I know Solana is on to follow like these other potential altcoins.

[someone703]

I see a lot of people making comparisons between SOL and Terra, but I have a different view when the recent market volatility makes us see that the Defi environment is not of the nature we think it is. In the case of SOL, it doesn't just stop with solends, but I think everything is safe for now. Just like the manipulation of some other cases, I think defeating SOL is not an easy thing after the achievements they built.

[Samurai trieng]

some time ago many crypto users were shocked by the news about Solana's crash, where very many crypto users including myself were selling SOL at a slightly tilted price, I did this to avoid losses due to the falling price of Solana, but what do I happen that solana survived an unlucky crash like terraluna went down almost 100%, I think it's only right that SOL survives because solana has a solid development team and community,,,,

[indo1]

Solana's fate was indeed very lucky, they had been warned about the unfortunate incident from LUNA so they could immediately think of the best before the same incident happened again. I'm sure with this, Solana's community will get bigger maybe they can compete with BNB in the future or even they can become the top 5 crypto coins.

[andyou1234]

I think Solana was able to get out of the pressure and big problems it's not a luck factor but because this project has a development team and which is very creative community that makes Solana successfully maintain her popularity in crypto, and I think Solana really deserves to be in the top 10 of CMC because solana has the potential and very good prospects at the moment.

[WeedGoW]

It does? I mean why it survived the crash when everything shows the coins didn't really have a good network protocol which is a very important thing for crypto.

Hi,

Nice to hear that Sol has survived the expected crash.  Have you heard of $LEDU ?

Kindly join our Official channels to get updates on $LEDU

https://t.me/ledu_token

https://twitter.com/eduecosystem1

Gosh, the nerve of you still shilling your shit coin in bitcointalk after your history of scam bounty manager from his payment. Look like you also got quite an amount of karma since your shitcoin is now worth dirt cheap.