🟣UN-OFFICIAL SOLANA THREAD 🟣 [ Discuss everything about Solana here ]

[Abiky]

People are move by emotions and Solana whales are very good at what they are doing. The price was originally triggered by aidrop by ANALOS and the euphoria part of the run was the special airdrop that was allocated for Solana mobile phones. Those who bought the phones back then in 2021 where giving more than $5k worth and that was how the pump gain attraction of many traders including the market makers, you can see that there no utility here but a revival of price so that the big players that lost money are trying to attract more liquidity so they can pull out their investment.

Bonk was part of the movement why Solana has pumped like this, there is no much total value lock up on the chain and this is to tell you that the team are not building and if they are, then they are very limited in numbers. The mobile phone was even a failure because it seems people didn't use the phone like how they expected and now, they are using these Airdrops as blueprint to make people to purchase the phone because of the airdrop.

Solana Foundation wasn't selling the "Saga Phone", so it had to give away "free money" with the BONK airdrop hoping it would attract as many people into Solana as possible. Turns out its little "marketing strategy" worked. SOL "pumped" real hard from being worth just $30 to nearly $130 within a few months. Prices are hovering within the $100 range with no indications of going down anytime soon. Combine that with the approval of spot Bitcoin ETFs + the upcoming BTC halving, and we should be seeing SOL heading to Mars real soon. It might possibly hit $300 in the near future.

Ultimately, what matters is utility. Not the price. As long as Solana proves to be useful, it will be able to stand the test of time. Crypto land often comes with surprises, so expect the unexpected.

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[kentrolla]

Today on Coin Marketcap I saw the price of Solna Token is $94.66. It has already crossed $80 and may soon touch above $100. We have seen positive changes for this coin.The price of Solana Coin is currently very hyped so it seems risky for me to invest in this coin now. I saw this coin a few months ago at maybe under $50 and since then the coin has gone up a lot. Cryptocurrency market is slowly changing as well as the price of this coin is increasing. We can expect this coin to cross $150 in the future.

Solana has even reached $100. I remember I bought few I used for airdrop few weeks ago around $120. The token just experience a dip in few days which make it go back below $100. To me, I still see some potentials in the token. I believe it will still do more in the upcoming bull run.

Yup you it it right as we had seen a slight dip in SOL but now it has regained it's movementum has crossed $100 once again and currently trading just above $100. I made a mistake of not buying it due to delusional thought that I might be buying due to FOMO but ending up with a regret. I think now it has possibility of reaching new ATH if there is no correction.

[GeorgeJohn]

Right from time I know that solana is a good project and I believe that solana whosoever that invest in solana will not lose because since the project been launched I have seen the potential in solana and I always recommend it to people to use as one of their portfolio especially investors who is into long-term investment, so all this altcoins are gaining positive due to they have seen bitcoin accelerating with a higher potential, so as I said before that any altcoins that refuse to increase this time may not increase again.

[BabyBandit]

I just created a topic about Solana Staking - Increased staking reward! From 7% to 11.5% CHANGED TO 9%!?  You can find it here: https://bitcointalk.org/index.php?topic=5482997.0
But I found it better we use one thread for all talk, so I locked that one.
And we can also continue that Staking rewards increase here.

So now last 48 hours it Solana has made a huge rise from around $86 to $97 (as I post this)
Solana was on the way down until this Staking reward increased even that I don't know if every wallet increased it but Exodus did.
I was lucky to buy some SOL back at $86 sold some at $106 and $92-$94.

Now it seems to recover again.

We all can indeed Solana has a very interesting future, even if it UP or DOWN


What your opinions about all this news lately?

Now. Staking reward back to 7.50% I wonder what happen that two days? 

[BabyBandit]

Right now 8th February 1 SOL is worth: $105,76

[BabyBandit]

Right now 10th February 1 SOL is worth: $109,65

Your prediction for the next 24 hours? Below $100 or stabilize over $100?  

[Bureau]

Right now 10th February 1 SOL is worth: $109,65

Your prediction for the next 24 hours? Below $100 or stabilize over $100?  

It has already gone above $109 and is now at $110.29, the way Bitcoin is pumping I was expecting $SOL to be at $120. I should reach that price point if the market remains green by next week. It is still below its all-time high that it had achieved in 2021 and there is still scope for it to break it before Bitcoin halving. This might be the first time I have seen Bitcoin in green before halving.

[jubalix]

can some one please explain how the SOL chain keep "stopping" then restarting .... how does Sol maintain integrity?

[BabyBandit]

As we speak: 1 SOL = $117.24 UP 4.7% 24 hours

[MetaBeat]

Solana swap sBEAT on Jupiter/Raydium sbeat.io to find out your tier for airdrops

[zasad@]

https://www.msn.com/en-us/money/markets/sam-bankman-fried-is-dispensing-crypto-investment-tips-to-brooklyn-prison-guards-nyt/ar-BB1j5640

"Sam Bankman-Fried might be in jail, but the NYT reports that he's still got a finger on the pulse with crypto.
Bankman-Fried has been reportedly sharing crypto investment tips with prison guards, per NYT.
The disgraced FTX founder has been in a Brooklyn prison since August.

Bankman-Fried is reportedly giving crypto investment tips and touting investments in the cryptocurrency Solana to prison guards, The Times reported on Tuesday, citing an unnamed source familiar with the matter." 

I sold the Solana a little early, but after reading this I would sell it immediately

[Abiky]

can some one please explain how the SOL chain keep "stopping" then restarting .... how does Sol maintain integrity?

It keeps restarting because it's a "shitcoin". If it was a serious project, developers would've addressed the network outages by now (with a permanent fix). They're now hyping the launch of a third-party node software (Firedancer), claiming it will fix Solana's problems once and for all. I'm yet to see whenever that will be the case in the long run.

With Solana being an unreliable chain, it's best to look for other options. Why not choose Polygon instead? It's cheaper, and faster than Ethereum. Best of all, it has been running smoothly since launch (if I'm not mistaken). It's a "free market", so time will tell us which coin wins and which one goes all the way down the drain in an instant.

[BabyBandit]

Today 16 march Solana stands at $192. I am very surprised! Shouldn't it be some kind of correction in price soon?

[goldkingcoiner]

can some one please explain how the SOL chain keep "stopping" then restarting .... how does Sol maintain integrity?

It keeps restarting because it's a "shitcoin". If it was a serious project, developers would've addressed the network outages by now (with a permanent fix). They're now hyping the launch of a third-party node software (Firedancer), claiming it will fix Solana's problems once and for all. I'm yet to see whenever that will be the case in the long run.

With Solana being an unreliable chain, it's best to look for other options. Why not choose Polygon instead? It's cheaper, and faster than Ethereum. Best of all, it has been running smoothly since launch (if I'm not mistaken). It's a "free market", so time will tell us which coin wins and which one goes all the way down the drain in an instant.

Because a fix seems to not be possible. Or the devs would have done something by now.

Today 16 march Solana stands at $192. I am very surprised! Shouldn't it be some kind of correction in price soon?

Some new overhyped update is coming up on the 15th. Supposedly it will fix the congestion problems. Everybody is waiting and holding on to their SOL, I would wager. But yes, correction is going to happen and it might go down soon.