Can Solana rise again?

[Rana590]

Unfortunately, it is very difficult to make investment decisions after reading these articles. Solana is a buy because the price of this coin could rise to $100-$200 in the next bull market. But if you believe that aptos will kill solana, then you should not invest in it. If the price of the coin drops to $8, I will probably take the risk and buy the coin in the long term.

It is very much possible to reach $100 for Solana within next 1 year. I think Solana will be able to recover its price very soon. It is a golden time for us to buy Solana at a lower price. I don't think price will fall more than current price. I'm still buying Solana and obviously I'll buy more if it drops under $10.

[lalabotax]

In my opinion, if there are no other projects similarly that will be hyped in the bullish era, Solana may have a bigger chance to rise up again. But, if there are some or any, well, this may be difficult. Because many people like more the new ones that is in hype to make some short-term investment. Do you remember that many good projects in the bullish era of 2017 failed to rise up again in the bullish era previously? Because they were likely replaced by the new ones with better technology and startegy. The goal is only to earn profits, but not for long-term investment. However, the Solana project is actually interesting and good enough. But, they also still have some problems to be fixed so that any more people will put their trust in Solana.

[TastyChillySauce00]

FTX's token has been experiencing steady decline since the collapse from the exchange site. FTT is always going down along with solana. I can even imagine what's gonna happen with solana when the price will be reaching zero value. FTX has still owned bunch of solana which has not yet got liquidity. Im sure that liquidators will be liquidating all of remaining assets owned by sol despite the hacked that happened with it. I would prefer to call that as insider hack rather than a hack conducted by a real hacker.

The price will be dipping even deeper than before. The dead of solana is ahead of us. I just avoid to buy any tokens that strongly affiliate with FTX at this moment. It's very risky investment pretty much the same like doing future.

[kurniawan05]

So much FUD for Solana these past few weeks, some even predict solana price will drop at $5, I think as long as Team Solana and their community are solid, their technology is good and they are able to overcome this crisis, by then I think solana price will recover.

[Paul Pogba]

So much FUD for Solana these past few weeks, some even predict solana price will drop at $5, I think as long as Team Solana and their community are solid, their technology is good and they are able to overcome this crisis, by then I think solana price will recover.

Many panicked and if we look at the trend of Solana being almost the same as FTX a few days ago so that Solana dropped significantly, I hope Solana can recover and strengthen again, now attacking each other the founders of cryptocurrencies and exchanges is so massive that it hurts the market.

[Maidak]

FTX's token has been experiencing steady decline since the collapse from the exchange site. FTT is always going down along with solana. I can even imagine what's gonna happen with solana when the price will be reaching zero value. FTX has still owned bunch of solana which has not yet got liquidity. Im sure that liquidators will be liquidating all of remaining assets owned by sol despite the hacked that happened with it. I would prefer to call that as insider hack rather than a hack conducted by a real hacker.

The price will be dipping even deeper than before. The dead of solana is ahead of us. I just avoid to buy any tokens that strongly affiliate with FTX at this moment. It's very risky investment pretty much the same like doing future.

As far as I know FTX invests and will get about 58 million Sol tokens and it will be allocated until 2025 which means they also won't be able to get a chance to dump Sol in one go. FTX is Sol's biggest investor, not the blockchain operator solana. So whether Sol will continue to develop or stop is the decision of their team, not the decision of FTX. I don't like Sol because it's too centralized, but judging by it I still believe it can get through this tough period.

[stadus]

So much FUD for Solana these past few weeks, some even predict solana price will drop at $5, I think as long as Team Solana and their community are solid, their technology is good and they are able to overcome this crisis, by then I think solana price will recover.

Many panicked and if we look at the trend of Solana being almost the same as FTX a few days ago so that Solana dropped significantly, I hope Solana can recover and strengthen again, now attacking each other the founders of cryptocurrencies and exchanges is so massive that it hurts the market.

No, compared them wrongly. Because what happened to FTX is a different issue, unlike Solana which is all about the development of the project and people aren't looking at it valuable anymore. I thought before that Solan becomes one of the promising coins in the future. In fact, I have the plan to invest more but too lucky enough that it this project shows the real situation and withdraw my plan.
Though I wasn't hopeless yet to seeing Solana will recover but the chances are very slim. We know investors are really hard to please if they already had suffer losses from a particular project.

[Orange89]

Everything is depend upon the early investor of the Solana All though i am still positive about the sol Ecosystem just I personally got Around 34 Sol Airdrop/token 2$ when it's Launched the Fishy thing about all that Binance is paushing some Sol pair trading in the exchange again and again you can buy in the Parts if you wanted to invest right now

[tygeade]

Many panicked and if we look at the trend of Solana being almost the same as FTX a few days ago so that Solana dropped significantly, I hope Solana can recover and strengthen again, now attacking each other the founders of cryptocurrencies and exchanges is so massive that it hurts the market.

No, compared them wrongly. Because what happened to FTX is a different issue, unlike Solana which is all about the development of the project and people aren't looking at it valuable anymore. I thought before that Solan becomes one of the promising coins in the future. In fact, I have the plan to invest more but too lucky enough that it this project shows the real situation and withdraw my plan.
Though I wasn't hopeless yet to seeing Solana will recover but the chances are very slim. We know investors are really hard to please if they already had suffer losses from a particular project.

The difference between "one of them stole, the other failed" is not as big as you think it is. Solana offered 65k TPS and got frozen even at 15k which means that they are not what they claim they are and that's going to cause a ton of problem for the investors.

Solana is something that failed, at least to me it is something that failed, they are not scammers they are not shady they are not stealing your money but they just failed to succeed which means that it is not really that much different from getting hacked or something. This is why it has been over a year since I owned any solana, I have sold all my solana and got out because to me it's just a purely failed project.

[Roman_Picisan]

Many panicked and if we look at the trend of Solana being almost the same as FTX a few days ago so that Solana dropped significantly, I hope Solana can recover and strengthen again, now attacking each other the founders of cryptocurrencies and exchanges is so massive that it hurts the market.

No, compared them wrongly. Because what happened to FTX is a different issue, unlike Solana which is all about the development of the project and people aren't looking at it valuable anymore. I thought before that Solan becomes one of the promising coins in the future. In fact, I have the plan to invest more but too lucky enough that it this project shows the real situation and withdraw my plan.
Though I wasn't hopeless yet to seeing Solana will recover but the chances are very slim. We know investors are really hard to please if they already had suffer losses from a particular project.

The difference between "one of them stole, the other failed" is not as big as you think it is. Solana offered 65k TPS and got frozen even at 15k which means that they are not what they claim they are and that's going to cause a ton of problem for the investors.

Solana is something that failed, at least to me it is something that failed, they are not scammers they are not shady they are not stealing your money but they just failed to succeed which means that it is not really that much different from getting hacked or something. This is why it has been over a year since I owned any solana, I have sold all my solana and got out because to me it's just a purely failed project.

A downturn like this risks a lack of investor confidence in my Solana, which has decreased by half in price (50%) as a result of this case. Their failure could be very bad this year for them, especially going forward with the issue of a severe recession in 2023.

[asriloni]

Everything is depend upon the early investor of the Solana All though i am still positive about the sol Ecosystem just I personally got Around 34 Sol Airdrop/token 2$ when it's Launched the Fishy thing about all that Binance is paushing some Sol pair trading in the exchange again and again you can buy in the Parts if you wanted to invest right now

Investing in solana just like buying a knife that can hurt you anytime. You have bunch of legit tokens available in the market other than solana and why do you need to buy solana? that doesn't even make sense. I think that binance has been taking the right decision to pause some trading pair for solana. Solana has a very strong relationship with SBF. SBF itself was making self support for solana and that's why solana can become big caused by it has been helped by SBF.
Solana was nothing rather than a garbage blockchain that frequently being paused due to the network problem. Investing in this coin must become the worst choice that can be taken by people.
I hope that people will understand to never invest in this piece of shit again. The price may go drop even further as FTX was also going drop so hard.

[yazher]

As long as they sincerely develop their project to give their users and investors promising development, they will stay alive throughout this roller-coaster event in the crypto industry because they are willing to sacrifice some money to improve their service. However, when they only all talk and keep delaying their promise. In that case, they will see their investors migrating to another promising project in the market, leaving them with fewer and fewer investors every month, which will become the exact reason for their fall. This is what happened to some failed projects out there and they all cannot bounce back since they lose the trust of their investors.

[Questat]

**

Do you think there is a high chance that Solana will be like what happened in FTX or is there any hope to recover?
....

I wasn't really skeptical about the situation but since Solana is still there, I would this project still have the chance either.
Now, it was from the team or the developers to find a way to make people bring back their trust and appreciate their services. It was really tough for them in this current situation but this will never say that the future of Solana is dark, lights can be seen if they will take action and find a long-term solution.
Most importantly, the team will never give up but rather push themselves to work hard.

[roslinpl]

Now the market is very green, So their is huge chance of some rise in Solana too. If you had some Solana for the longer period, just hold it to gain some good value from it. The transaction of many coins was made using Solana, So this made some demand for the coin. People with good potential for the investment should keep their investment in the Solana. Some tweets was made with the tag of Solana as the next BSC. So early adoption helps to gain good money.

[drwhobox]

It's possible in the long run, but not in the medium or short term. The way the market is right now and the fact that it doesn't have a competitive advantage don't help its price recover quickly. Because SOLANA and FTX are so related, FTX is mostly to blame for the drop in SOLANA. The market's wounds from the fall of FTX will keep bleeding for a while until some big-picture good news starts to recover them.

[asyakashi]

Selena's potential like FTX remains a possibility but that's still a long way off. They are merely investors and projects. But there is no tied to the team of any of them. This is just how Solana brings her project forward. Whether they can be used as guidelines like Ethereum or even collapse like FTX. It was the provision of Solana itself.

[zasad@]

OOPS.. it looks really bad.
https://defillama.com/chain/Solana
Solana has a problem not with the price, but with decentralization. Exchanges banned stablecoin deposits in the Solana ecosystem for a reason. And until the situation with the FTX exchange is over, the growth of the TVL ecosystem is not expected.

[BigBos]

Solana is one of the most innovative innovations, designed to facilitate decentralized applications (Dapps) that aim to facilitate the scalability of proof-of-stake combined with proof-of-history.
they provide it with Proof of History (PoH) to help know when a transaction was made, developed by Anatoly Yakovenko.
The hybrid protocol built into the Solana network provides significantly reduced validation times for lightning-fast smart contract transactions and execution.
 
The association with FTX makes investors both small and large fear that Solana will suffer the same fate as FTX. I think from a fundamental standpoint, Solana will improve even if it takes a while.

because it's basically Solana.

1. Its Ecosystem with one of the largest smart contract base applications in the market. There are many dapps and not all of them are connected to Ftx. even the Serum made by SBF can live without him because Solana's community and developers can handle it.
2. They no longer have a connection with SBF so it can no longer be called a BC chain. Then there is their Founder. But in the world of crypto, as long as the community and developers are there, Solana is still complete and they were only really affected by FTX because their name was attached to SBF.

We should also note that FTX is a centralized exchange. Solana is not, but a layer1 decentralized Ethereum blockchain. So, when it comes to this case they are very different. FTT tokens have no demand outside of the FTX platform. Solana is used in decentralized applications, NFT, and Defi.

[rozak]

I'm worried that Solana will have the same fate as FTT. Solana network problems have been around for a long time, it could get worse for Solana network users if there is an attack from negative news. this will create a negative sentiment toward the adoption and trading of Sol. if there was a continuous decline, it would end badly. Sol was temporarily suspended for trading on several exchanges. but in the end, they got on with it.

[Natalim]

As long as they sincerely develop their project to give their users and investors promising development, they will stay alive throughout this roller-coaster event in the crypto industry because they are willing to sacrifice some money to improve their service. However, when they only all talk and keep delaying their promise. In that case, they will see their investors migrating to another promising project in the market, leaving them with fewer and fewer investors every month, which will become the exact reason for their fall. This is what happened to some failed projects out there and they all cannot bounce back since they lose the trust of their investors.

Solana won't die easily but slowly, that is my take.
I'd seen the fast growth of Solana last year, in fact, many had thought that it was next big in the market but unfortunately, not all who have a good start will succeed in the end. And what happened to Solana will tell us that there is something wrong with them and with this project. Good thing is that I already sell my Solana already at a time when the price to moving high and never reinvested again. My instinct is right but I'm worried about those who still buy them even though they have issues already.