Is Solana still Worth buying??

[aima55]

After end of bull run, Solana had started lossing its price and it waas worth $12 in November, 2022. And till August, 2023 solana was below $20. Many were talking about this is end of solana, it'll never pump and then something interesting happened to it and solana pumped 3/4 times from its position. And still its more than $185+ .many people still thinks solana would pump more. So they keep buying solana with such believe. 
 What do you think? Is Solana still Worth buying cause price is tooo much pump already.

I need someone else who bought SOL under $100 to tell me what our exit plan is. I feel like I’m just duct taped to this rocket going into space with no idea how high this thing is going 😂Seems like the LST added by exchanges is the driver for the lastest pump we are seeing on Solana.. Kinda crazy to see 12.9M SOL staked on BGSOL already. Looks like more people are catching on.

[john_egbert]

After end of bull run, Solana had started lossing its price and it waas worth $12 in November, 2022. And till August, 2023 solana was below $20. Many were talking about this is end of solana, it'll never pump and then something interesting happened to it and solana pumped 3/4 times from its position. And still its more than $185+ .many people still thinks solana would pump more. So they keep buying solana with such believe. 
 What do you think? Is Solana still Worth buying cause price is tooo much pump already.

I need someone else who bought SOL under $100 to tell me what our exit plan is. I feel like I’m just duct taped to this rocket going into space with no idea how high this thing is going 😂Seems like the LST added by exchanges is the driver for the lastest pump we are seeing on Solana.. Kinda crazy to see 12.9M SOL staked on BGSOL already. Looks like more people are catching on.

Untie the tape whenever you like, I would say around the start of 2025 is a good time 

[Abiky]

honestly does the solana investors really care about the blockchain blackout though, most of the people I know that invested in solana simply don't care, it can blackout twice a week and none of these people that I know will give attention or even dumping their solana, what they know is that solana is scalable enough for the meme coin trend and defis in the ecosystem to flourish, so therefore it's a good investment.

personally I might want to delve into buying solana, it just feels right considering that solana community is very strong and the blockchain isn't having any scalability problem despite the massive influx of meme speculators.

just feels like it can be the new big thing, as long as it doesn't get overtaken by SUI of course.

Of course. Nobody cares about the outages. As long as there's money to be made, nothing else matters. The majority of investors keep their SOL on centralized exchanges. So network outages will have little to no effect over their holdings. They can just buy or sell SOL without interruptions. The ones who need to worry about this are none other than average users like myself. Experiencing an outage in the middle of a payment is quite frustrating.

Fortunately, third-party developers (Jump Crypto) are working on a new node implementation for Solana (called Firedancer) that will make the network reliable once and for all. If it works, Solana will further solidify its position on the market. Considering that SOL stands among the top ranks in market cap, I'd say it's definitely worth buying. Its ecosystem is growing alongside Ethereum's. Who knows? Maybe it will reach the third spot in market cap someday. The future is unpredictable, so I'd hope for the best.

[betswift]

honestly does the solana investors really care about the blockchain blackout though, most of the people I know that invested in solana simply don't care, it can blackout twice a week and none of these people that I know will give attention or even dumping their solana, what they know is that solana is scalable enough for the meme coin trend and defis in the ecosystem to flourish, so therefore it's a good investment.

personally I might want to delve into buying solana, it just feels right considering that solana community is very strong and the blockchain isn't having any scalability problem despite the massive influx of meme speculators.

just feels like it can be the new big thing, as long as it doesn't get overtaken by SUI of course.

Of course. Nobody cares about the outages. As long as there's money to be made, nothing else matters. The majority of investors keep their SOL on centralized exchanges. So network outages will have little to no effect over their holdings. They can just buy or sell SOL without interruptions. The ones who need to worry about this are none other than average users like myself. Experiencing an outage in the middle of a payment is quite frustrating.

Fortunately, third-party developers (Jump Crypto) are working on a new node implementation for Solana (called Firedancer) that will make the network reliable once and for all. If it works, Solana will further solidify its position on the market. Considering that SOL stands among the top ranks in market cap, I'd say it's definitely worth buying. Its ecosystem is growing alongside Ethereum's. Who knows? Maybe it will reach the third spot in market cap someday. The future is unpredictable, so I'd hope for the best.

Also, with Grass on the rise, it's great to keep it on the radar, alongside SOL itself - I do support your belief due to Firedancer and other factors, and SOL is also making a bigger buck than ETH on fees, as I've heard, and that says something, if it continues that way 

[john_egbert]

honestly does the solana investors really care about the blockchain blackout though, most of the people I know that invested in solana simply don't care, it can blackout twice a week and none of these people that I know will give attention or even dumping their solana, what they know is that solana is scalable enough for the meme coin trend and defis in the ecosystem to flourish, so therefore it's a good investment.

personally I might want to delve into buying solana, it just feels right considering that solana community is very strong and the blockchain isn't having any scalability problem despite the massive influx of meme speculators.

just feels like it can be the new big thing, as long as it doesn't get overtaken by SUI of course.

Of course. Nobody cares about the outages. As long as there's money to be made, nothing else matters. The majority of investors keep their SOL on centralized exchanges. So network outages will have little to no effect over their holdings. They can just buy or sell SOL without interruptions. The ones who need to worry about this are none other than average users like myself. Experiencing an outage in the middle of a payment is quite frustrating.
-snip-

Yeah, even if we think about SOl only in an investment direction - what may go wrong to the extent that we sometimes imagine with alts?
Worst case - our investment will need more time to grow and bounce back, but when you do it, you should always regard such a possibility anyways.

[mich]

Well there is alot of meme coins on the Sol blockchain. And this is why there is so much activity on it. There is going to be always new meme coins that will come out.
So I do think it will make the price of the SOL tokens give us big profits. In last month October there was 123 million active addresses. It was 42 percent more then from month before it.
https://nulltx.com/solana-surges-in-activity-as-active-addresses-and-memecoin-trading-reach-new-highs/

[Webetcoins]

There are way too many projects in SOL right now to let it crash, so we are going to face some good return without a doubt, I believe in SOL and its future. All those funny looking stuff, the RENDER ones, the BONK ones, even a proper exchange like Jupiter, all of these mean a lot and we should be happy with what we have. I do not think that it will change much and we should be considering how to get better results. While that is fine and we are not going to get anything greater, we need to remember that things will not be simple all that early and we need to fix things first.

If we can do that, then we are going to see the rewards being better as well, so we need to do better job on the long run as well. SOL is a great project for other tokens to start, and this was something ETH was known for, and yet SOL took that over and right now they are doing a much better job at the moment, so people are investing into SOL and they are not looking to stop anytime soon.

[mich]

Well there is alot of trading going on the Solana blockchain. The Solana DEX did just break a new record with $70 Billion in 1 month of trading that was more then Ethereum.
It was the first time in its history it did that. Solana is now up more then 14 prevent in just the last week. It is still a coin to hodl and I think will get more gains in this 'bull run'.
https://icoholder.com/en/news/solana-breaks-record-with-70b-monthly-trading-volume

[binanceautotrader]

As Web3, gaming, and decentralized applications grow, Solana’s scalability and low costs position it as a blockchain for the future.

[gembitz]

$QUARK / $SOL # ENORMOUS PUMP CONTINUES TONITE ;] WEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE === >

https://dexscreener.com/solana/bu1ussgh3bfxljlj4ozomjouoef9gz651albbck9nwac


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[mich]

Well if you do like the blockchain technology then yes it is still a good coin to buy. A news report says for new crypto devs Solana is now doing better then Ethereum. It is showing since last year growth of 83 percent.

There is a report said 7,625 out of 39,148 new developers this year were using Solana blockchain. And Ethereum with 6,456 new developers and others blockchains with 3,383.

https://crypto.news/solana-is-the-fastest-growing-for-new-crypto-developer/

[hero_the_bossman]

Well if you do like the blockchain technology then yes it is still a good coin to buy. A news report says for new crypto devs Solana is now doing better then Ethereum. It is showing since last year growth of 83 percent.

There is a report said 7,625 out of 39,148 new developers this year were using Solana blockchain. And Ethereum with 6,456 new developers and others blockchains with 3,383.

https://crypto.news/solana-is-the-fastest-growing-for-new-crypto-developer/

Both are regarded high in the crypto community and both should be bought, in my opinion, for the upcoming alt season.
Who would be better?  Can't say, and the best thing is that they both would probably shine during it.

[Abiky]

There are way too many projects in SOL right now to let it crash, so we are going to face some good return without a doubt, I believe in SOL and its future. All those funny looking stuff, the RENDER ones, the BONK ones, even a proper exchange like Jupiter, all of these mean a lot and we should be happy with what we have. I do not think that it will change much and we should be considering how to get better results. While that is fine and we are not going to get anything greater, we need to remember that things will not be simple all that early and we need to fix things first.

If we can do that, then we are going to see the rewards being better as well, so we need to do better job on the long run as well. SOL is a great project for other tokens to start, and this was something ETH was known for, and yet SOL took that over and right now they are doing a much better job at the moment, so people are investing into SOL and they are not looking to stop anytime soon.

There's a lot of excitement surrounding Solana (hype). Especially when it brings ultra-fast transfers at a fraction of the cost. But the question is: Did Solana already addressed network issues (outages)? Because nobody wants an unreliable cryptocurrency for day-to-day payments. At least, those who care about utility. Not speculation/hype. With reliability in mind, businesses and corporations can trust Solana for sensitive transactions.

Until then, Ethereum remains an "unbeatable" alternative. It's one of the most reliable Blockchain networks in the world (after Bitcoin). You'd have to decide yourself whenever SOL is worth buying or not. Personally, I'd buy a small few just to "play with it". As soon as prices go up, I will quickly cash out for profit. For something serious, I'd choose both BTC and ETH. I doubt "meme" coins will be able to keep Solana afloat forever. At some point, the hype will end. When that happens, SOL's market prices will go all the way down the drain in an instant. I wonder if many will be left holding the bag (bagholder) after this?

[LessiCrypto]

Solana remains a solid investment option thanks to its high throughput and low transaction fees, making it ideal for next-gen decentralized applications. A great example is Glimmer Finance https://glimmerfinance.com/, a platform built on Solana that enables trading of tokenized real-world assets. By leveraging Solana’s speed and cost-efficiency, Glimmer Finance demonstrates the network’s real utility in powering scalable DeFi solutions. This kind of innovation shows that Solana still has strong long-term potential.

[mich]

Solana remains a solid investment option thanks to its high throughput and low transaction fees, making it ideal for next-gen decentralized applications. A great example is Glimmer Finance https://glimmerfinance.com/, a platform built on Solana that enables trading of tokenized real-world assets. By leveraging Solana’s speed and cost-efficiency, Glimmer Finance demonstrates the network’s real utility in powering scalable DeFi solutions. This kind of innovation shows that Solana still has strong long-term potential.

Well yes I do agree with you on that. It is number six on the coinmarketcap and has marketcap of more then $62 Billion.
There is still alot of people that does think it will be the 'ethereum killer'. Now I do not know if that will happen but there is alot of 'bullish' news.
Paypal now will let us buy, sell, hold, and transfer Solana soon. https://decrypt.co/313476/solana-chainlink-support-paypal-venmo

[Renampun]

After end of bull run, Solana had started lossing its price and it waas worth $12 in November, 2022. And till August, 2023 solana was below $20. Many were talking about this is end of solana, it'll never pump and then something interesting happened to it and solana pumped 3/4 times from its position. And still its more than $185+ .many people still thinks solana would pump more. So they keep buying solana with such believe.  
 What do you think? Is Solana still Worth buying cause price is tooo much pump already.

solana is still worth buying but for the long term it is less convincing. btw I have heard someone predicting the price of solana will reach $500 in 2025, honestly I think that is a statement that is completely unreasonable, currently the price of solana is quite high especially if we compare the increase from around $20 to hundreds of dollars, that's pretty crazy, currently the adoption on the solana network is good but for now buying solana at a price of $180++ is quite risky imo, it is better to wait until the price of solana drops again to $150, in my opinion that price is very worthy to buy.

[lab10collective]

Solona is very good project and the coins launched on Sol network has a very good record than any other chains. I think at current status buying above 150$ is over price buying. If I ever buy Solona I would buy at the price below 100$ for long term

[Powerjumboo]

Solona is very good project and the coins launched on Sol network has a very good record than any other chains. I think at current status buying above 150$ is over price buying. If I ever buy Solona I would buy at the price below 100$ for long term

It may come at your desired price very soon. Currently, the price of Solana coin is at $120 and the highest dumping in 24 hours is $117, but if you decide to buy at your desired price, you may be able to buy at your desired price very soon. However, if Solana is coming to $100, it can be assumed that there will be more dumping. However, Solana is a very good coin, if you can invest, you can definitely invest.

[Ararbermas]

Solana remains a solid investment option thanks to its high throughput and low transaction fees, making it ideal for next-gen decentralized applications. A great example is Glimmer Finance https://glimmerfinance.com/, a platform built on Solana that enables trading of tokenized real-world assets. By leveraging Solana’s speed and cost-efficiency, Glimmer Finance demonstrates the network’s real utility in powering scalable DeFi solutions. This kind of innovation shows that Solana still has strong long-term potential.

A lot of projects use Solana as their network, but it feels like most of them just use it for promotion. I used to join airdrops and participate in different activities in the space, but despite all the promises, my wallet is still empty. Even on Twitter, they ask users to drop their Solana wallets, but in the end, it’s all for likes, retweets, and followers. Honestly, it feels like a waste of time. That’s why I don’t think it’s worth buying, it seems like most of them just use Solana to get what they want. What i mean is to obtain money from interested investors.

[Zanab247]

Solona is very good project and the coins launched on Sol network has a very good record than any other chains. I think at current status buying above 150$ is over price buying. If I ever buy Solona I would buy at the price below 100$ for long term

Before you mention potential altcoins project in the market, I guess Solana will be among the potential altcoins because people have earn a lot of profits from those memecoins that under Solana Blockchain. There is no time you will buy Solana from the market right now and hodl, you will not earn profit that will boost your profits, because Solana is among altcoins that move whenever BTC price is moving in the market.

That is your decision to hodl Solana for long term, and you will surely earn profit that will give you the confidence to buy Solana another time, because Solana have potential developers that will make the coin to continue improving.