Solana network shuts down, will you still invest in SOL?

[mk4]

I don't think people will trust this token again after the scam that the fraud has done to the common people.

Quick reminder: Solana is not Alameda/FTX/SBF and vice versa. Alameda/FTX/SBF are just early investors in Solana/Labs. Alameda/FTX/SBF are total utter shitstains, but they're totally separate entities from Solana/Labs. And a crashed price doesn't necessarily indicate fraud; even bitcoin had really bad crashes.

[Webetcoins]

SOL is still a decent short or mid-term investment despite the outages. It's still popular for airdrops launched by new projects there so no surprise that it's still climbing up. The issue of network stability and centralization of protocol can be ignored for now since it's halving but it will become relevant again when the whole crypto market goes south. Majority of those who invested will be cashing out for sure.

What about for the long-term? It can qualify for it since it was not a new coin anymore and there are occasions that its price can pump even without the help of the bull run and alt season. Cryptos are truly interesting and it's great that all are or most coins are seem to be given by a chance.

I remember it was ETH before who got a lot of new projects, then followed by Binance coin, etc... and now it was Solana. I can't tell if which will be next. Like past coins, it's normal that they experience an issue because of the heavy demand that they are getting but they will soon be given a chance to breathe clearer, once the hype transfers to another coin.

[nelson4lov]

The best time to buy Solana was that $8 price zone it fell to after the collapse of FTX. Now, that the price has more than 10x from that zone, I won't be touching it even with a 10th foot pole. From the current price level, the price can only go up so much; Say 100% or 200% if we are being very optimistic. But there are newer projects with better upside potential and I'd opt for that.

If I had gotten Solana last year, I would still invest now via DCA but I have 0 solana bag so it's a no no for me.

[JeffBrad12]

fairly speaking most people just don't care about solana network sudden power outage most people are just still gonna invest.
the thing with frequent power outage is that if it happened once people will worry if it happened many time and still getting back up again then people just forget it more likely just consider it
as something thats normal.
thats what exactlym happening with solana some people just really don't care and still keeping up investing in various solana tokens and projects.
personally I don't invest that much to solana but arguably the project under solana this time around are really good.

[goldkingcoiner]

The Solana outages are frustrating but it does not seem to have a dumping effect. People seem to have gotten used to them, and from a technical perspective the outages do not do any damage other than being annoying. And while long-term that may be a negative point because at some point, someone will create a better alternative which does not have outages and Solana will become irrelevant.

But short term? I see no problem in investing in Solana.

Good way to leverage your Bitcoin bags if you are an experienced trader.

[pawanjain]

Recently, the Solana network experienced its 11^th outage in the past 2 years, causing a stir in the crypto community. This network outage lasted nearly 5 hours, raising concerns about the stability of Solana blockchain platform^[1].

However, contrary to my prediction, investor confidence in the SOL token still does not seem to be affected too much. Even many of my friends are still looking for investment opportunities in SOL with the expectation that this currency will continue to grow in the new growth cycle.

I tried thinking of a few reasons why investors are still optimistic about SOL:

• Potential technology: despite many downtimes, Solana is very fast ~ 65k tps^[2]. Technology is a powerful tool for marketing.
• Diverse ecosystem: Solana has many dApps in most fields of DeFi, NFT, GameFi, so it attracts many users^[3]. Transaction fees on Solana are very low so everyone can participate and use the network easily.
• Support from large investors: Solana is backed by many large investment funds, Solana's brand is guaranteed^[4].
• SOL price is at a low zone compared to the old ATH of 256 USD.

It's easy to understand that with strong reasons like these, investors will continue to trust and invest in SOL tokens, despite the network's uncertain quality. I'm really interested in the optimistic sentiment of investors in the crypto market: crypto operates on the blockchain, but even though the blockchain has problems, token prices continue to grow.

If you are SOL token investore, I'd like to know your views on Solana and SOL:

• Did the Solana incident impact your decision to invest in SOL?
• Are you really bothered by the failure of the Solana blockchain?
• Do you believe that in the uptrend in 2025, the SOL token price will still grow and will not be negatively impacted by Solana blockchain outages?

References:
[1] Solana outage was caused by infinite loop bug previously seen on devnet
[2] Solana (SOL): Scaling Crypto to the Masses
[3] Solana ecosystem
[4] Dealroom: Solana

SOL was one of my top investments in cryptocurrencies but the frequent network halts impacted me a lot.
My perspective is that a blockchain should never be halted at least not that frequent.
This is the reason why I sold my SOL and invested it in bitcoin and ETH.
At the same time, Solana is very potential because of the developments on it's blockchain and so it's not a bad idea to hold some of it in your portfolio.
In near future, I will try to hold at least few SOL so that I don't miss the boat.

[AnonBitCoiner]

Solana is still a great project and these types of activities happens all the time but after sometimes the situations become normal again. Solana is still going well and increasing in price day by day so I will suggest that don't change your decision all the time but stick to your decision in every situation and eventually you will see your coins pumping to give you profit.

Actually every coin gets impacted for some duration but these negative situations solve when favorable circumstances appears. So I think Solana will still go better and now there is no negative impact on Solana due to blockchain but future is not known so we cannot say that what will happen in future.