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Author Topic: Is Solana still Worth buying??  (Read 988 times)
Calmerway
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June 18, 2024, 05:23:44 PM
 #121

If there is anything that is worth buying with low risk then it is solana.
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June 25, 2024, 12:32:47 PM
 #122

In my opinion, Solana is still worth buying at this time because the upside potential is also large. Moreover, Solana is an altcoin that has strong fundamentals. Therefore, I never doubted investing in Solana because Solana is a coin that has the potential to provide satisfying profits.

There are so many reasons to be our consideration to buy this coin to be one of our portfolio.

1. Cheap blockchain
2. Big user base
3. Regular airdrop from the ecosystem
4. Staking

Many more. I was always trying to buy at the dip and accumulate more solana to be my portfolio. There are so many staking project in the ecosystem that help you to lock your solana and you will get new token as the return.

Your solana is also safe. This is pretty much the same like ethereum LRT staking.

Buying solana is also one of good choice. I remember the rumor if solana ETF potentially lauched in the upcoming years.
Now at this price drop of BTC the SOL the purchase looks very attractive.
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July 08, 2024, 03:59:27 PM
 #123

Is Solana still Worth buying?? Yes if the price is still below 200 usd, i mean solana price can stable at 200 usd so if the price is still below 200 meaning this is fire sale in my opinion.

Solana is crazy fast chain and cheap also so many developer choose this chain over other L1, but there's a catch solana is been actively develop so in a year there is a network down and solana usually being active because of memecoin. Anddd solana is not an evm chain that's why some dev right now choose eth l2

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July 10, 2024, 12:28:34 PM
 #124

Is Solana still Worth buying?? Yes if the price is still below 200 usd, i mean solana price can stable at 200 usd so if the price is still below 200 meaning this is fire sale in my opinion.

Solana is crazy fast chain and cheap also so many developer choose this chain over other L1, but there's a catch solana is been actively develop so in a year there is a network down and solana usually being active because of memecoin. Anddd solana is not an evm chain that's why some dev right now choose eth l2

Solana was the favourite one for some of the traders with less margin,they may hard to buy the coin like Ethereum with 3k dollars.But the same trader can buy huge amounts of Solana with just 300$.This was the difference between the Solana and the big potential coin like the Ethereum.We can buy the complete Solana with 200$ and same 200$ is not enough to buy the 10 percentage of the Ethereum and we know the price of Ethereum had crossed the 3k value in the short term.This bull run in the Ethereum was the expected one.



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July 10, 2024, 05:19:50 PM
 #125

Is Solana still Worth buying?? Yes if the price is still below 200 usd, i mean solana price can stable at 200 usd so if the price is still below 200 meaning this is fire sale in my opinion.

Solana is crazy fast chain and cheap also so many developer choose this chain over other L1, but there's a catch solana is been actively develop so in a year there is a network down and solana usually being active because of memecoin. Anddd solana is not an evm chain that's why some dev right now choose eth l2
Well Solana is still worth buying especially with the ETF application which is likely if approved this will trigger an upward reaction again in addition to bullish next year, the prediction next year the price of Solana can be more than $200 and even reach a new ATH again.

This is indeed an obstacle in a year several times the Solana network outage caused congestion in making transactions, sometimes with this event triggering many things including they say Solana developers are still not professional in handling it.

About memecoins on the Solana network it has always been a hype now, see on Dexscreener the Solana network meme is always a trend and a lot of money goes there.

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July 11, 2024, 02:53:11 AM
 #126

Is Solana still Worth buying?? Yes if the price is still below 200 usd, i mean solana price can stable at 200 usd so if the price is still below 200 meaning this is fire sale in my opinion.

Solana is crazy fast chain and cheap also so many developer choose this chain over other L1, but there's a catch solana is been actively develop so in a year there is a network down and solana usually being active because of memecoin. Anddd solana is not an evm chain that's why some dev right now choose eth l2
its just matter of time until solana will get many dapps integration granted current solana ecosystem is already full of matured project and the quality has been top notch like jupiter and speaking from experience, these dapps in solana already so refined and really smooth to use, probably at the level of Ethereum's dapps.

but seeing from the fact that there's ongoing etf filing going on with solana by VanEck and 21Shares solana will have higher chance to overtake the position of BNB if their ETF is a huge success.
knowing the community of solana that's huge, every CT are bullish about solana, the ETF will not be inferior compared to ETH i think.



so it is definitely worth buying even more so at the current price, but always know that altcoin might dump even more if bad news keep coming.


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July 11, 2024, 09:14:58 AM
 #127

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. 
I guess I was one of those that have been wrong about telling the recovery of solana and that's why I don't even had it until now.

What do you think? Is Solana still Worth buying cause price is tooo much pump already.
Ask yourself if it's worth it if you're starting to have interest on it. If it's worth it in the sense of you holding it for the long term. Because many times did it shown on this year on how quick it is to move up but you'll never know when the correction might come.

Solana Coin is worth investing in, no matter how bad the market is because so many other meme coin projects build its ecosystem so it gives the coin energy to pump higher in price, buying a coin means you are making an investment and should always think of long term result unless if your intention is about daily trading for instant profits then buy another coin with lower price range.

Honestly if one has some extra change to spend, I would suggest investing in Solana because in a few months to come it will chase down ETH in terms of the price range.
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July 11, 2024, 09:21:21 AM
 #128

I don't know if it's a good time to buy Solana. the only i know is solana is highly centralized, with singular entities exercising too much power and control over protoco
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July 15, 2024, 05:12:28 AM
 #129

If there is anything that is worth buying with low risk then it is solana.
IMO it was worth investing as long as it's still around $120 more than that price I really doubtful to invest into this.
from the news I heard that solana ETF just fail to garner attention from people and most people just don't really care I guess the excitement caused by ETF has been hitting diminishing return after ETH ETF spot filing and it just matter of time until it went live.

so it gives me hint that it might not be a great investment as many have pictured but i can always be wrong.

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July 17, 2024, 06:15:02 PM
 #130

If there is anything that is worth buying with low risk then it is solana.
IMO it was worth investing as long as it's still around $120 more than that price I really doubtful to invest into this.
from the news I heard that solana ETF just fail to garner attention from people and most people just don't really care I guess the excitement caused by ETF has been hitting diminishing return after ETH ETF spot filing and it just matter of time until it went live.

so it gives me hint that it might not be a great investment as many have pictured but i can always be wrong.
Solana is having good potential as things are going we can expect some good profit for the investors because team is having good targets which are they heading and if they are able to achieve them we can expect good bull run for this which will bring huge profit for all but as we all know about the altcoin world it's never been easy to predict, and we are also having good tip from early days of this community just invest which you can afford to lost.

Currently, we are having few coins which are doing good and also heading for the competitive market, but this all has never been easy while Ethereum is having solid base and now things are well organized for them which is allowing them for staying at the number 2 in all time rankings of altcoin world.

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July 18, 2024, 12:42:43 PM
 #131

If there is anything that is worth buying with low risk then it is solana.
IMO it was worth investing as long as it's still around $120 more than that price I really doubtful to invest into this.
from the news I heard that solana ETF just fail to garner attention from people and most people just don't really care I guess the excitement caused by ETF has been hitting diminishing return after ETH ETF spot filing and it just matter of time until it went live.

so it gives me hint that it might not be a great investment as many have pictured but i can always be wrong.
Just say that you can't afford it Cheesy. Sometimes, price is not a good indication to tell if a coin is trusted or not, but on some instances, a high price can be a good indication to say that a coin is legit. Just take a look at BTC. It's currently valued at $60k. Now, will you doubt the coin?

Also, we are not forced to invest in one whole coin if we can't afford it but we can always invest smaller portions or according to our budget. Everything on Solana has been on a trend, so how much more if we are talking about ETF when it was a special event. We may not only feel it because we are not the target market but those who are interested are already getting their hands on it.

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July 18, 2024, 11:08:07 PM
 #132

For diversification reasons I could see why someone would want to hold Solana in their portfolio. It has established itself as a major currency along with ETH and has some pretty big supporters. While I personally have less than 1% of my portfolio in Solana, I do intend to hold that and earn staked funds for the long haul.

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July 19, 2024, 07:30:35 PM
 #133

Objectively speaking, Solana is taking the lead based of utility tokens development and also giving a more clearer and clean network for those tokens within the Solana network, let see how this development keep up and for how long we continue to see this new trend in that aspect and the growth continuations.
Mind you also, that there have been alot of scam projects also being aided by the Solana network and at some point we are beginning to get use to them and knowing how best to handle our way around it, but if you talk about long term holding, I won't agree to hold any token based on the Solana network, because for some reason many of them are just pumped at first, but when the price crash or drop back it won't be easy to recover or make any significant movement, but on like coins like bitcoin who have long term based perspective and how holding bitcoin give you less stress and high hope of value increase.

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July 20, 2024, 07:49:14 AM
 #134

Quote from: Wildwest
After several months of bullruns occurring on Solana coins with high prices and even many people's investment choices, now the crypto market has dropped completely and Solana coins have also fallen to their current lowest prices. The real bull run market hasn't started yet, today we have the opportunity to collect more coins to add to our portfolio, so Solana is still very worth buying because it has a pretty good future mission.

Yes, many investors embraced huge amount of income from Solana when the price increased high in the last bullish season that appeared, and it has motivated many investors to still make Solana their choice when the bearish season appear. I think, the price has decreased little for those that want to invest to use this opportunity to enter the market to purchase Solana and hold, because the bullish season holders are waiting to experience is very close to them, to release their coins to make passive income from Solana investment. Despite some Solana I purchased last month to add to my portfolio, I have the confidence that I will achieve a good income in the future when the bullish season break out from the market soon which I know it will break out before the end of November.

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July 21, 2024, 01:05:11 AM
 #135

I don't know if it's a good time to buy Solana. the only i know is solana is highly centralized, with singular entities exercising too much power and control over protoco

It's very obvious if this isn't a good time to buy Solana. It has been slowly moving up again, and the chance to buy at the bottom has already passed. But if you're keen to bet on Solana's new high of Solana, then it's worth it enough to buy. Bitcoin is slowly rising. This is because people aren't afraid of Germany's government dump and MTgox.

I think everything is centralized now. Centralization in the Solana blockchain is a common thing in the crypto. Most blockchains were centralized. But as long as many nodes run it, all is fine.

Again, centralization and decentralization are strongly unrelated to the price of Solana. It was not only you who called this a centralized blockchain, but others were doing so as well.

Today, the power of one entity doesn't really matter for controlling the protocol. As long as they can be trusted, that's enough.

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August 01, 2024, 02:12:44 AM
 #136

Solana is still worth buying. I’ve been using it for a while and found it very reliable and fast, especially for creating tokens. Despite the ups and downs, Solana has shown strong growth and resilience. It’s still a solid investment, especially with its low transaction fees and fast processing times.

indeed the blockchain is solid, the one thing that probably should be of concern is the power outage and even that isn't really a concern since usually it recovers again after few minutes.

the fact that the SVM is quite robust and have high transaction throughput is also one advantage, i'm pretty sure that it can get to the level of ETH some day since the community is very active proven from the revenue that surpassed ETH.



it just matters of time until solana grow its market cap significantly, it's still pretty undervalued if i'm being honest but since price already 12x from its lows maybe i'm being overly optimistic here.

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