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Author Topic: Solana high demand increasing i think it's good for staking  (Read 126 times)
Mansory22022 (OP)
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April 29, 2024, 07:07:53 AM
Last edit: April 29, 2024, 07:41:15 AM by Mansory22022
 #1

Thanks to meme coins the SOLANA is like MemeCoins reserve currency and memecoins are like new commodities like oil salt and copper...not exacly but its the way how it is.
So If people want that SOL it can increase demand for SOLANA so Ita good for staking.
Remember guys when ETH chain was very active Because of NFT party at "opensea "and other nft markets.
So solana have no great demand and when market turn in bull run generally then market will be full of exsessive funds wich goes into SOL.

LET the numbers do the talking just comparsion:

What is the market cap of Solana? The current market cap of Solana is $60.45B
The The Meme market cap today is $51.95B,
Gold marketcap Estimated Market Cap: $15.778 T
Marketcap of USA real estate $47 trillion
we see not far off,the solana+ memecoins mc not small and i definately want to be in this business compared solana meme coin mc with other sectors it's not so small so this market is full of capital.
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April 29, 2024, 07:45:24 AM
 #2

Thanks to meme coins the SOLANA is like MemeCoins reserve currency and memecoins are like new commodities like oil salt and copper...not exacly but its the way how it is.
So If people want that SOL it can increase demand for SOLANA so Ita good for staking.
Remember guys when ETH chain was very active Because of NFT party at "opensea "and other nft markets.
So solana have no great demand and when market turn in bull run generally then market will be full of exsessive funds wich goes into SOL.

LET the numbers do the talking just comparsion:

What is the market cap of Solana? The current market cap of Solana is $60.45B
The The Meme market cap today is $51.95B,
Gold marketcap Estimated Market Cap: $15.778 T
Marketcap of USA real estate $47 trillion
we see not far off,the solana+ memecoins mc not small and i definately want to be in this business compared solana meme coin mc with other sectors it's not so small so this market is full of capital.


WHy do you even compare it with Gold and real estate marketcap cause that's highly irrelevant?

I agree that these days are good for SOL investors but its only due to the hype of meme coins, so when it ends there is high chance that there will be a correction on the price for sure that makes it highly not recommended to stake. Just keep them in your wallet and cash out when it turns bearish.

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April 29, 2024, 09:26:33 AM
 #3

LET the numbers do the talking just comparsion:

What is the market cap of Solana? The current market cap of Solana is $60.45B
The The Meme market cap today is $51.95B,
Gold marketcap Estimated Market Cap: $15.778 T
Marketcap of USA real estate $47 trillion
we see not far off,the solana+ memecoins mc not small and i definately want to be in this business compared solana meme coin mc with other sectors it's not so small so this market is full of capital.
Okay, what's with all of these numbers compared to solana? Are you telling that us that solana is going to reach that market cap that gold has right now? We don't know what's waiting a head but altcoins like solana seem to be stable now but we don't know what can happen in the future with it to be honest.

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April 29, 2024, 12:31:27 PM
 #4

Thanks to meme coins the SOLANA is like MemeCoins reserve currency and memecoins are like new commodities like oil salt and copper...not exacly but its the way how it is.
So If people want that SOL it can increase demand for SOLANA so Ita good for staking.
Remember guys when ETH chain was very active Because of NFT party at "opensea "and other nft markets.
So solana have no great demand and when market turn in bull run generally then market will be full of exsessive funds wich goes into SOL.


The hell are you talking about? It will not have almost 2 billions daily trade volume if it has no demand. It may not also become 5th top crypto based on the total market capitalization. You're being so clueless here. I think you shall take a look at the reality again.

LET the numbers do the talking just comparsion:

What is the market cap of Solana? The current market cap of Solana is $60.45B
The The Meme market cap today is $51.95B,
Gold marketcap Estimated Market Cap: $15.778 T
Marketcap of USA real estate $47 trillion
we see not far off,the solana+ memecoins mc not small and i definately want to be in this business compared solana meme coin mc with other sectors it's not so small so this market is full of capital.

What a stupid comparison. Your comparion showed how clueless you are. Are you saying if solana shall worth like gold or real estate market capitalization?  Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy

You are obviously joking about that. It will never be real. Stop being a delusional guy.

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April 29, 2024, 01:45:48 PM
 #5

Despite the said high demands of Solana, I've also observed a drop in its performance recently, as this said coin is not moving with its initial speed and how it has shown during the month of March, though we are still expecting for more performance whereby we have the post halving experience such that favours all the crypto markets and they gets to a new all time high together with bitcoin anytime from now, if the demands on Solana is high, then that alone is an indication for it preparedness to rise more as the investors increases in numbers.

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April 29, 2024, 07:46:57 PM
 #6

Solana isn't a bad coin because it has been doing good in this bull run and it may continue to do even better when Bitcoin's price goes up once again. The meme coins are the only reason for the rapid growth of Solana, but now if we observe the market carefully then we can see that other blockchains and ETH level 2 solutions are competing Solana meme coins to some extent.

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April 29, 2024, 09:12:57 PM
 #7

Solana is the third highest coin in the cryptocurrency ecosystem space but but the recent congestion of the top second coins in the market affected them in term of growth and investment. The name Solana has been on my ears for some time and there was a time I wanted to invest in it but I discovered that the congestion affected the fee so there was no way to buy and left it to buy Ethereum and after buying that shitcoin, it started going down. Though I am investing in it for a long time. And now the market price is $134.96 on coinsmarketcap and $135.96 OKX exchange platform.

It is improving in term of market price but I don't know the congestion I. The recent days. And the congestion is over this two coins will do well.

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April 30, 2024, 12:49:31 AM
 #8

(...)
Remember guys when ETH chain was very active Because of NFT party at "opensea "and other nft markets.
So solana have no great demand and when market turn in bull run generally then market will be full of exsessive funds wich goes into SOL.
This is the real use of other networks that are alternatives to Ethereum, the best example is Solana since Solana is a layer-1 network. It is really the perfect alternative for Ethereum and for me, other networks like Solana is helping Ethereum to scale, especially if you are small user only that don't want to eat most of your funds with transaction fees in Ethereum, Solana is the best network for you.

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April 30, 2024, 03:03:17 AM
 #9

Thanks to meme coins the SOLANA is like MemeCoins reserve currency and memecoins are like new commodities like oil salt and copper...not exacly but its the way how it is.
So If people want that SOL it can increase demand for SOLANA so Ita good for staking.
Remember guys when ETH chain was very active Because of NFT party at "opensea "and other nft markets.
So solana have no great demand and when market turn in bull run generally then market will be full of exsessive funds wich goes into SOL.

LET the numbers do the talking just comparsion:

What is the market cap of Solana? The current market cap of Solana is $60.45B
The The Meme market cap today is $51.95B,
Gold marketcap Estimated Market Cap: $15.778 T
Marketcap of USA real estate $47 trillion
we see not far off,the solana+ memecoins mc not small and i definately want to be in this business compared solana meme coin mc with other sectors it's not so small so this market is full of capital.

Sometimes we are being exaggerating about those terms but the truth is we should
 not compare crypto in some manners like gold and real estate without proper basis .
And also what is the memecoin connection there ?Solana will grow without any help
 from those coins because of its originality and it's helpful plans for the future .

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April 30, 2024, 04:25:38 AM
 #10

I don't get the point why everyone is getting into the hype of meme coin using Solana network. Solana does have Jupiter and other crypto projects which are creating the need to buy SOL tokens. That need is encouraging the price to rise up, although the Bitcoin bearish approach has halted it's rise. It is still doing better than other major altcoins.

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April 30, 2024, 04:49:13 AM
 #11

If you have saved capital for bullish season, you can start purchasing Solana from the market right now and hold for long years, because the price is still low in the market which the price will going to increase higher in the future to caused their investors to experience favour from their holdings. I believe,  you know that many investors have experienced good income from Solana investment some years ago, because investors are aware the strong teams behind Solana that made it to be among the potential altcoins in the market. Don't use gold to compare Solana, because the difference is very clear for you to make your choice, and if you want to invest in decentralized currency then invest in Solana and it will help you to achieve surplus income.

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April 30, 2024, 09:38:48 AM
 #12

meme coins aren't just fixed in one blockchain though fairly speaking base chain has been getting massive meme coin and NFT influx, i don't say that solana meme coin trend is over, its still going on, even right now there are many projects still deployed in solana because devs consider solana to be the cheaper version of ETH to some extent but the meme coin trend are spread across various blockchains.
BASE as far as I know so frequently being used for NFT minting and meme coin minting where its valued high.

not to forget that the latest trend runes also sort of having its own meme coin trend, all the first runes ever created always valued high that if you happen to be lucky enough minting those runes you probably already making great profit right now.
solana blockchain is great but other blockchain can do exactly what solana is doing.

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April 30, 2024, 01:04:55 PM
 #13

I don't get the point why everyone is getting into the hype of meme coin using Solana network. Solana does have Jupiter and other crypto projects which are creating the need to buy SOL tokens. That need is encouraging the price to rise up, although the Bitcoin bearish approach has halted it's rise. It is still doing better than other major altcoins.
The hype is on meme token caused by this is the easiest for you to make a lot of money in a short time. Many people were gambling on meme tokens. So many news about the new millionaires even billionaires came from meme token which has proven that became the easiest way for you to be the next millionaire.
In my opinion, this is the main factor that has made many people massively put their money on the meme token. I have ever generated 10x easily through meme token. It's not even a dream but ez money can be generated easily as long as we are picking the right token.

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April 30, 2024, 05:56:51 PM
 #14

I don't get the point why everyone is getting into the hype of meme coin using Solana network. Solana does have Jupiter and other crypto projects which are creating the need to buy SOL tokens. That need is encouraging the price to rise up, although the Bitcoin bearish approach has halted it's rise. It is still doing better than other major altcoins.

Indeed, Bitcoin has soar for so many years particular during times of pandemic the price tremendously surprised everybody.
That's how remarkable it was, and for SOL tokens we can't deny the fact of people who've been part of its journey hold this asset seriously. The future lies with it, same with ethereum and other top rising crypto struggles sometimes makes us weak. Let's be courageous in facing every emotions behind our holdings, not most of the time we're going to experience green days, bear market is always there making everything difficult to surpass.


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oktana
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April 30, 2024, 09:02:09 PM
 #15

~~
So solana have no great demand and when market turn in bull run generally then market will be full of exsessive funds wich goes into SOL.
~~

Well, it’s general that in the altcoin bull run, there would be gains and it won’t just be with Solana but with at least all top altcoins. For Solana, I actually don’t like that it’s filled with so much memecoins. I think there should be more and better projects on Solana instead. I hope that the wrong memecoins don’t make affect it negatively.
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April 30, 2024, 09:12:12 PM
 #16

The reason why Solana has been popular this year is because it’s extremely cheap and fast to make transactions on it. If you want to send sol to someone it’s like 1/3rd of a penny and you get it confirmed almost instantly. If you want to do a swap then it’s like a penny.

Only downside is that there is congestion like a few weeks ago when that ORE mineable coin launched. Or sometimes they got network issues and it’s extremely slow and delayed but it’s been good for the past few days.

So it’s why everyone buys memecoins because it’s cheap, if you used ETH you would need to pay $50 just for the swap miner fee alone.
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May 01, 2024, 10:42:51 AM
 #17

Thanks to meme coins the SOLANA is like MemeCoins reserve currency and memecoins are like new commodities like oil salt and copper...not exacly but its the way how it is.
So If people want that SOL it can increase demand for SOLANA so Ita good for staking.
Remember guys when ETH chain was very active Because of NFT party at "opensea "and other nft markets.
So solana have no great demand and when market turn in bull run generally then market will be full of exsessive funds wich goes into SOL.

LET the numbers do the talking just comparsion:

What is the market cap of Solana? The current market cap of Solana is $60.45B
The The Meme market cap today is $51.95B,
Gold marketcap Estimated Market Cap: $15.778 T
Marketcap of USA real estate $47 trillion
we see not far off,the solana+ memecoins mc not small and i definately want to be in this business compared solana meme coin mc with other sectors it's not so small so this market is full of capital.

This is an irrelevant post and also an irrelevant comparison between Sol and gold. Real estate and Gold has not much link with Sol they are more likely to be linked with the international currency 💲. Sol is completely base on a different technology, it solves and caters different social issues of the society.

As far as the investment in SOl is considered yes it's a very bright coin to invest in at least in my opinion. The current market conditions doesn't support to invest in something right now but later on it will be among the top options to invest.

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May 02, 2024, 07:49:14 PM
 #18

Thanks to meme coins the SOLANA is like MemeCoins reserve currency and memecoins are like new commodities like oil salt and copper...not exacly but its the way how it is.
So If people want that SOL it can increase demand for SOLANA so Ita good for staking.
Remember guys when ETH chain was very active Because of NFT party at "opensea "and other nft markets.
So solana have no great demand and when market turn in bull run generally then market will be full of exsessive funds wich goes into SOL.

LET the numbers do the talking just comparsion:

What is the market cap of Solana? The current market cap of Solana is $60.45B
The The Meme market cap today is $51.95B,
Gold marketcap Estimated Market Cap: $15.778 T
Marketcap of USA real estate $47 trillion
we see not far off,the solana+ memecoins mc not small and i definately want to be in this business compared solana meme coin mc with other sectors it's not so small so this market is full of capital.



It's a real test for solana network it will handle now large volume and since btc again together with alt coins don't move but we are here we looking for action volatility then more and more people move into solana memes including me first i time i trade meme coins now, i could be trading btc but what can i can i do If btc not moving.
I think SOL chain will receive a lot network activities and large volume now.
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May 02, 2024, 07:52:51 PM
 #19

Thanks to meme coins the SOLANA is like MemeCoins reserve currency and memecoins are like new commodities like oil salt and copper...not exacly but its the way how it is.
So If people want that SOL it can increase demand for SOLANA so Ita good for staking.
Remember guys when ETH chain was very active Because of NFT party at "opensea "and other nft markets.
So solana have no great demand and when market turn in bull run generally then market will be full of exsessive funds wich goes into SOL.

LET the numbers do the talking just comparsion:

What is the market cap of Solana? The current market cap of Solana is $60.45B
The The Meme market cap today is $51.95B,
Gold marketcap Estimated Market Cap: $15.778 T
Marketcap of USA real estate $47 trillion
we see not far off,the solana+ memecoins mc not small and i definately want to be in this business compared solana meme coin mc with other sectors it's not so small so this market is full of capital.



It's a real test for solana network it will handle now large volume and since btc again together with alt coins don't move but we are here we looking for action volatility then more and more people move into solana memes including me first i time i trade meme coins now, i could be trading btc but what can i can i do If btc not moving.
I think SOL chain will receive a lot network activities and large volume now.


That's why a lot money move into SOLANA i guess solana price will be very volatile now.
But people always looking for action so yes while btc stand i sell my btc for solana to buy more meme coins.
Cheap and fast transactions on SOLANA making people to get into also, so solana is new dollar "the meme world reserve currency "
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May 02, 2024, 08:14:22 PM
 #20

I don't get the point why everyone is getting into the hype of meme coin using Solana network. Solana does have Jupiter and other crypto projects which are creating the need to buy SOL tokens. That need is encouraging the price to rise up, although the Bitcoin bearish approach has halted it's rise. It is still doing better than other major altcoins.

Indeed, Bitcoin has soar for so many years particular during times of pandemic the price tremendously surprised everybody.
That's how remarkable it was, and for SOL tokens we can't deny the fact of people who've been part of its journey hold this asset seriously. The future lies with it, same with ethereum and other top rising crypto struggles sometimes makes us weak. Let's be courageous in facing every emotions behind our holdings, not most of the time we're going to experience green days, bear market is always there making everything difficult to surpass.

Let it be bear Market but i see meme coins move daily 500% and it's nothing special while another market stand still
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