Is Solana still Worth buying??

[dbshck]

the ecosystem is at the level of etheruem in term of maturity, kamino as one of solana protocol in lending could be said already building reputation as good as AAVE it's just matters of time.

if any, solana would be the one thing that gonna replace ETH if ETH ever fall in term of rank, since ETH ETF inflow has been really bad since the past days (and yeah it's really bad literally 0 inflow yesterday) I think the chance for solana to be the one to take eth's crown will be big.

While I do see Solana's potential, it's still quite a distance from Ethereum's level. If we look at the TVL, Ethereum currently has about 8x more than Solana. The same kind of disparity exists between Kamino and AAVE. Solana needs to attract significantly more volume and users, especially institutional investors and whales, to close that gap.

As for the recent Ethereum ETF inflows, it actually suggest a broader challenge for all altcoins, including Solana. If Ethereum is struggling to attract interest, it's hard to see a future where a Solana ETF (if it ever get approved) would fare much better. Right now, institutional interest seems to be focused primarily on Bitcoin.

[Akbarkoe]

Of course Solana is still good to buy, what makes Solana still worth buying because the community is strong enough to compete in the market now, then the ecosystem is also very large so it is likely that the solana ecosystem will continue to grow.

the ecosystem is at the level of etheruem in term of maturity, kamino as one of solana protocol in lending could be said already building reputation as good as AAVE it's just matters of time.

if any, solana would be the one thing that gonna replace ETH if ETH ever fall in term of rank, since ETH ETF inflow has been really bad since the past days (and yeah it's really bad literally 0 inflow yesterday) I think the chance for solana to be the one to take eth's crown will be big.




one thing that needs to be solved though, the rampant scamming in solana, the meme coin rugpull will eventually make people think of solana as scam blockchain if left untended.
that's the only thing that solana needs to fix, as of now, every defi protocol released in solana always cater really good TVL some even more than few billions.

Speaking of TVL Ethereum is still the biggest at the moment, it's hard to expect Ethereum to collapse, their project continues to grow and Vitalik Buterin will definitely not let it become a quiet network or experience setbacks.

I realize that Defi solana has a lot of investors and has become interesting because of the many meme coins that are scattered there, maybe it's a business strategy on the market hype about meme tokens, but indeed strategies like ii cannot be maintained for longer, because in talking about the market there will be a saturation point for a product / service, memes may experience a decline after investors return to see projects that have value.
Source
Looking at this data it is still very difficult to talk ETH will collapse, even AAVE and Kamino still have a big difference in talking TVL, including other defi, but indeed the Solana ecosystem is the best candidate for now.

[shinratensei_]

Looking at this data it is still very difficult to talk ETH will collapse, even AAVE and Kamino still have a big difference in talking TVL, including other defi, but indeed the Solana ecosystem is the best candidate for now.

current AAVE TVL is big indeed but it's not impossible to overtake, once solana's ecosystem finally matured and there are many DEXes that enables leveraged trading through routing with kamino it will grow eventually.
it's just matter of time, AAVE itself already existed since long ago, only now gaining traction because there are so many need for speculation through leveraging capital by borrowing.

currently solana L2, Restaking protocol, and gamefi is growing rapidly, once everything comes into place, solana will sky rocket. it will at least be at the level of BNB if it didn't steal ETH position.

[Akbarkoe]

Looking at this data it is still very difficult to talk ETH will collapse, even AAVE and Kamino still have a big difference in talking TVL, including other defi, but indeed the Solana ecosystem is the best candidate for now.

current AAVE TVL is big indeed but it's not impossible to overtake, once solana's ecosystem finally matured and there are many DEXes that enables leveraged trading through routing with kamino it will grow eventually.
it's just matter of time, AAVE itself already existed since long ago, only now gaining traction because there are so many need for speculation through leveraging capital by borrowing.

currently solana L2, Restaking protocol, and gamefi is growing rapidly, once everything comes into place, solana will sky rocket. it will at least be at the level of BNB if it didn't steal ETH position.

I am also quite confident about solana, although it does not overtake Ethereum, it is likely to be close below it if the growth of the solana ecosystem increases in any field that will make them continue to grow and be in demand by the market that needs it.

The protocols that are built are already quite a lot and it is only a matter of increasing adoption to be even wider, but what is an obstacle in my thinking about solana is their network that has problems, we know some time ago when this Blackchain had many users making the network crash and die for some time, if this problem is resolved and will never happen again on the blockchain it will be better for solana.

[justdimin]

I am also quite confident about solana, although it does not overtake Ethereum, it is likely to be close below it if the growth of the solana ecosystem increases in any field that will make them continue to grow and be in demand by the market that needs it.

The protocols that are built are already quite a lot and it is only a matter of increasing adoption to be even wider, but what is an obstacle in my thinking about solana is their network that has problems, we know some time ago when this Blackchain had many users making the network crash and die for some time, if this problem is resolved and will never happen again on the blockchain it will be better for solana.

I do believe the opposite, because I think SOL doesn't have what it takes to stay low and because of that I honestly think that it is going to have some issues as well, a lot of people think the same because they are not investing into it by any mistakes, it is not clear what we are going to do and how we are going to move, so we should be a lot more careful with it.

I think SOL will get worse, and it will drop in rank as well, I do not think that it will drop in rank because the price will fall, I think price will go up, but I think other coins and tokens will have higher increases and SOL will have a small increase. Same logic as XRP basically, it didn't do that badly, but others did better, same will happen for SOL as well. Because I think it's way too centralized to make it stay high, while we do use some centralized stuff like BNB, at least it has binance exchange behind it, SOL is just some people controlling the whole chain, which is not okay.

[betswift]

The protocols that are built are already quite a lot and it is only a matter of increasing adoption to be even wider, but what is an obstacle in my thinking about solana is their network that has problems, we know some time ago when this Blackchain had many users making the network crash and die for some time, if this problem is resolved and will never happen again on the blockchain it will be better for solana.

I agree, SOL is pushing the boundaries even further with Frankendancer which will evolve into FireDancer, so I think the metrics for the users will become even better

[FortuneFollower]

It's time to buy before the bull run starts in the near future. every coin has potential with large periodic increases in the next bull run, now the market is weakening. Solana is also one of the coins that has future potential with a wide network in various spaces and gives strong signals from the first appearance, so I think this is still an opportunity to collected a lot of Solana coins at the beginning of this month of September.

I agree. The possibilities are there for everybody to grab, and Solana won't stop the innovation of its nodes anytime soon - I think it's a great choice for going in.

[Akbarkoe]

I am also quite confident about solana, although it does not overtake Ethereum, it is likely to be close below it if the growth of the solana ecosystem increases in any field that will make them continue to grow and be in demand by the market that needs it.

The protocols that are built are already quite a lot and it is only a matter of increasing adoption to be even wider, but what is an obstacle in my thinking about solana is their network that has problems, we know some time ago when this Blackchain had many users making the network crash and die for some time, if this problem is resolved and will never happen again on the blockchain it will be better for solana.

I do believe the opposite, because I think SOL doesn't have what it takes to stay low and because of that I honestly think that it is going to have some issues as well, a lot of people think the same because they are not investing into it by any mistakes, it is not clear what we are going to do and how we are going to move, so we should be a lot more careful with it.

I think SOL will get worse, and it will drop in rank as well, I do not think that it will drop in rank because the price will fall, I think price will go up, but I think other coins and tokens will have higher increases and SOL will have a small increase. Same logic as XRP basically, it didn't do that badly, but others did better, same will happen for SOL as well. Because I think it's way too centralized to make it stay high, while we do use some centralized stuff like BNB, at least it has binance exchange behind it, SOL is just some people controlling the whole chain, which is not okay.

Yep right, maybe some problems can have a cure or not, and the business mechanism in the crypto industry with its anonymity and control that is exemplified by the existence of bitcoin which upholds the full decentralization of assets that no one controls bitcoin, of course this will not be logical in talking like that.

But if we encode with Ethereum which is the same mechanism, which is centralized, although it is still said to be not worth comparing, but in my opinion it works the same way, many people see Ethereum in the concept of business, as well as SOL which is a business that needs control that requires centralization.
Whether good or not we will see how far the Solana network will survive and grow in the various market cycles of this industry.

[FortuneFollower]

Solana is still worth buying, even after the recent pump. I’ve been holding Solana since it was in the lower range, and despite the ups and downs, its ecosystem continues to expand, and adoption is increasing. The recent rally shows that Solana still has momentum and a strong community behind it.

It will be beneficial in the long run for sure, I agree.
The corrections and other things will be there, but it's alright. The market isn't going only up.

[shinratensei_]

I am also quite confident about solana, although it does not overtake Ethereum, it is likely to be close below it if the growth of the solana ecosystem increases in any field that will make them continue to grow and be in demand by the market that needs it.

The protocols that are built are already quite a lot and it is only a matter of increasing adoption to be even wider, but what is an obstacle in my thinking about solana is their network that has problems, we know some time ago when this Blackchain had many users making the network crash and die for some time, if this problem is resolved and will never happen again on the blockchain it will be better for solana.

the only thing that holding solana from actually growing though the rampant scams, it's drained the blockchain of money, because scammers are making huge money from rug pulling people as a result, people will get tired of it and get out of solana, this is problematic and I think need fixing, ETH didn't have this problem before back then ETH doesn't have something like pumpfun.

now that pumpfun exists, so many scammers using tools to create so many meme coins and rug pull people, a really bad scene for a blockchain that projected to grow and overtake ETH.
because it could be harmful to the blockchain in the long run.

[Akbarkoe]

I am also quite confident about solana, although it does not overtake Ethereum, it is likely to be close below it if the growth of the solana ecosystem increases in any field that will make them continue to grow and be in demand by the market that needs it.

The protocols that are built are already quite a lot and it is only a matter of increasing adoption to be even wider, but what is an obstacle in my thinking about solana is their network that has problems, we know some time ago when this Blackchain had many users making the network crash and die for some time, if this problem is resolved and will never happen again on the blockchain it will be better for solana.

the only thing that holding solana from actually growing though the rampant scams, it's drained the blockchain of money, because scammers are making huge money from rug pulling people as a result, people will get tired of it and get out of solana, this is problematic and I think need fixing, ETH didn't have this problem before back then ETH doesn't have something like pumpfun.

now that pumpfun exists, so many scammers using tools to create so many meme coins and rug pull people, a really bad scene for a blockchain that projected to grow and overtake ETH.
because it could be harmful to the blockchain in the long run.

Fraud is indeed a problem that must be solved, some time ago I read an article that it is mandatory for developers to do liquidity lock permanently to prevent fraud by developers who take all their liquidity, this is also not entirely their problem, because users here must also be smart traders and can sort out which projects are fraudulent because I think it's not only on the Solana blockchain but also on other networks, it's just a different amount.

We have to be aware of why it's easier to build it on Solana, based on my observations it's because pumfun and the Solana blockchain have very low network costs unlike the ETH Network which has expensive costs, so both fraudsters or honest developers prefer to build their projects on the Solana network.

[betswift]

I am also quite confident about solana, although it does not overtake Ethereum, it is likely to be close below it if the growth of the solana ecosystem increases in any field that will make them continue to grow and be in demand by the market that needs it.

The protocols that are built are already quite a lot and it is only a matter of increasing adoption to be even wider, but what is an obstacle in my thinking about solana is their network that has problems, we know some time ago when this Blackchain had many users making the network crash and die for some time, if this problem is resolved and will never happen again on the blockchain it will be better for solana.

the only thing that holding solana from actually growing though the rampant scams, it's drained the blockchain of money, because scammers are making huge money from rug pulling people as a result, people will get tired of it and get out of solana, this is problematic and I think need fixing, ETH didn't have this problem before back then ETH doesn't have something like pumpfun.

now that pumpfun exists, so many scammers using tools to create so many meme coins and rug pull people, a really bad scene for a blockchain that projected to grow and overtake ETH.
because it could be harmful to the blockchain in the long run.

Fraud is indeed a problem that must be solved, some time ago I read an article that it is mandatory for developers to do liquidity lock permanently to prevent fraud by developers who take all their liquidity, this is also not entirely their problem, because users here must also be smart traders and can sort out which projects are fraudulent because I think it's not only on the Solana blockchain but also on other networks, it's just a different amount.

We have to be aware of why it's easier to build it on Solana, based on my observations it's because pumfun and the Solana blockchain have very low network costs unlike the ETH Network which has expensive costs, so both fraudsters or honest developers prefer to build their projects on the Solana network.

Yeah, SOL is more mainstream due to its meme madness and the ability to make them each night and day without end. Most of them will die in a week or two, and those invested will be rekt and only a portion of people will get something out of them.
Fraud is rampant in that kind of environment for obvious reasons, though on SOL itself - why not to buy it? Firedancer is in development (or almost done, don't remember for sure), so it's good news for the chain, at least it definitely sounds like it.

[NicNacCoin]

Solana is still worth buying, even after the recent pump. I’ve been holding Solana since it was in the lower range, and despite the ups and downs, its ecosystem continues to expand, and adoption is increasing. The recent rally shows that Solana still has momentum and a strong community behind it.

It will be beneficial in the long run for sure, I agree.
The corrections and other things will be there, but it's alright. The market isn't going only up.

Currently the market is in a complete deadlock with no coins going up but when it starts going up it will be seen that all the coins are going up. Since the bull market is near us, we can wait and hope for the best. But we should invest from this dumping market and hold the investment and sell when the market rises.

[fikrett]

Solana is still worth buying, even after the recent pump. I’ve been holding Solana since it was in the lower range, and despite the ups and downs, its ecosystem continues to expand, and adoption is increasing. The recent rally shows that Solana still has momentum and a strong community behind it.

It will be beneficial in the long run for sure, I agree.
The corrections and other things will be there, but it's alright. The market isn't going only up.

Currently the market is in a complete deadlock with no coins going up but when it starts going up it will be seen that all the coins are going up. Since the bull market is near us, we can wait and hope for the best. But we should invest from this dumping market and hold the investment and sell when the market rises.

Yeah, nobody knows when it will be rising for sure, I hope for October or the start of 2025, for example, but things may not go as planned and we should all be prepared for such a case, especially talking about investments.

[StreakW]

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.

Solana does offer a lot of potential with the advantages you mentioned. Especially with the fluctuating price, it could be a great opportunity to collect more. And with the various staking projects that exist, we can get additional rewards too. Hopefully the rumors about Solana ETF will actually come true. That could be a big step towards increasing adoption.

[imamb]

I am also quite confident about solana, although it does not overtake Ethereum, it is likely to be close below it if the growth of the solana ecosystem increases in any field that will make them continue to grow and be in demand by the market that needs it.

The protocols that are built are already quite a lot and it is only a matter of increasing adoption to be even wider, but what is an obstacle in my thinking about solana is their network that has problems, we know some time ago when this Blackchain had many users making the network crash and die for some time, if this problem is resolved and will never happen again on the blockchain it will be better for solana.

the only thing that holding solana from actually growing though the rampant scams, it's drained the blockchain of money, because scammers are making huge money from rug pulling people as a result, people will get tired of it and get out of solana, this is problematic and I think need fixing, ETH didn't have this problem before back then ETH doesn't have something like pumpfun.

now that pumpfun exists, so many scammers using tools to create so many meme coins and rug pull people, a really bad scene for a blockchain that projected to grow and overtake ETH.
because it could be harmful to the blockchain in the long run.

Fraud is indeed a problem that must be solved, some time ago I read an article that it is mandatory for developers to do liquidity lock permanently to prevent fraud by developers who take all their liquidity, this is also not entirely their problem, because users here must also be smart traders and can sort out which projects are fraudulent because I think it's not only on the Solana blockchain but also on other networks, it's just a different amount.

We have to be aware of why it's easier to build it on Solana, based on my observations it's because pumfun and the Solana blockchain have very low network costs unlike the ETH Network which has expensive costs, so both fraudsters or honest developers prefer to build their projects on the Solana network.

Yeah, SOL is more mainstream due to its meme madness and the ability to make them each night and day without end. Most of them will die in a week or two, and those invested will be rekt and only a portion of people will get something out of them.
Fraud is rampant in that kind of environment for obvious reasons, though on SOL itself - why not to buy it? Firedancer is in development (or almost done, don't remember for sure), so it's good news for the chain, at least it definitely sounds like it.

last year's solana power potential was extraordinary, honestly I really hope the solana hype era is back in the upcoming bull season. now the dominant hype of the TON ecosystem is trending. the samo meme coin that made me not expect to get big money 9k just paste the solana wallet and many more in the solana airdrop era that made me unable to sleep. now the development of the solana ecosystem is still good

[fikrett]

last year's solana power potential was extraordinary, honestly I really hope the solana hype era is back in the upcoming bull season. now the dominant hype of the TON ecosystem is trending. the samo meme coin that made me not expect to get big money 9k just paste the solana wallet and many more in the solana airdrop era that made me unable to sleep. now the development of the solana ecosystem is still good

I do think that the future for the Solana is bright, with the Firedancer in the development and many other different things happening to it.
Only time will tell, but it's a good investment, in my opinion. Will it be the best - we will see.

[imamb]

last year's solana power potential was extraordinary, honestly I really hope the solana hype era is back in the upcoming bull season. now the dominant hype of the TON ecosystem is trending. the samo meme coin that made me not expect to get big money 9k just paste the solana wallet and many more in the solana airdrop era that made me unable to sleep. now the development of the solana ecosystem is still good

I do think that the future for the Solana is bright, with the Firedancer in the development and many other different things happening to it.
Only time will tell, but it's a good investment, in my opinion. Will it be the best - we will see.

I hope that it will happen again in the future solana. but what is happening now is that the telegram hype is extraordinary. from people who don't know crypto now there are many cyrptos which are certainly good, but all must have their own value. the enthusiasm of the community of hundreds of millions now after many new projects with the collaboration of the telegram platform

[NicNacCoin]

last year's solana power potential was extraordinary, honestly I really hope the solana hype era is back in the upcoming bull season. now the dominant hype of the TON ecosystem is trending. the samo meme coin that made me not expect to get big money 9k just paste the solana wallet and many more in the solana airdrop era that made me unable to sleep. now the development of the solana ecosystem is still good

I do think that the future for the Solana is bright, with the Firedancer in the development and many other different things happening to it.
Only time will tell, but it's a good investment, in my opinion. Will it be the best - we will see.

Yes Solana is a very good investment.  We have seen that at one time but especially a few months ago Solana was the most trending but now the trending has come down a bit.  However, Solana is still a very good investment coin and will gain more popularity in the future.  Its future is very bright but definitely if you have invested, hold on to that investment.  Many investors may be worried about investing but there is nothing to worry if you keep investing you will definitely achieve success.

[imamb]

last year's solana power potential was extraordinary, honestly I really hope the solana hype era is back in the upcoming bull season. now the dominant hype of the TON ecosystem is trending. the samo meme coin that made me not expect to get big money 9k just paste the solana wallet and many more in the solana airdrop era that made me unable to sleep. now the development of the solana ecosystem is still good

I do think that the future for the Solana is bright, with the Firedancer in the development and many other different things happening to it.
Only time will tell, but it's a good investment, in my opinion. Will it be the best - we will see.

Yes Solana is a very good investment.  We have seen that at one time but especially a few months ago Solana was the most trending but now the trending has come down a bit.  However, Solana is still a very good investment coin and will gain more popularity in the future.  Its future is very bright but definitely if you have invested, hold on to that investment.  Many investors may be worried about investing but there is nothing to worry if you keep investing you will definitely achieve success.

even though the solana trend is down I believe in the strength of solana for the future to be better. last year's solana hype I often invested in its ecosystem because knowing with the support of the bull season became brave to invest when a new project came out. when yesterday's position the participants were not too many so the price of the solana ecosystem coin went to the moon.