Solana performance is the best for top 10 this week, New ATH?

[bayu7adi]

I really like solana lately, in the past week we saw that many cryptocurrency assets experienced bullish more than 10%... this is certainly very good news, considering that in the past two months we saw cryptocurrency prices tend to experience corrections that did not even give a positive signal...

However, this week we saw Solana perform better than other top 10 coins, managing to print +20% in the past week... will this make solana get positive sentiment in the next few months?
In connection with the memecoin hype that also returned to the solana blockchain, it seems like we have a high chance of continuing to hold SOL... what do you think about SOLANA before 2025 ends?

[hugeblack]

It is still early to answer this question, as liquidity is still far from the encrypted currency market, which flows mainly for bitcoin, so perhaps after bitcoin rises to levels above 100 thousand dollars, we can see real increases in Sol, especially with the bad performance of the ethereum.

[MrSpasybo]

I really like solana lately, in the past week we saw that many cryptocurrency assets experienced bullish more than 10%... this is certainly very good news, considering that in the past two months we saw cryptocurrency prices tend to experience corrections that did not even give a positive signal...

However, this week we saw Solana perform better than other top 10 coins, managing to print +20% in the past week... will this make solana get positive sentiment in the next few months?
In connection with the memecoin hype that also returned to the solana blockchain, it seems like we have a high chance of continuing to hold SOL... what do you think about SOLANA before 2025 ends?

I'll be waiting for more action on the SOL price chart before giving my opinion. Currently, the SOL price is still below the Sonic-R EMA34W, and I can't confirm anything yet. The good sign is that it has crossed the Sonic-R EMA34D, but I rarely trust trading signals on the D timeframe.

In the bullish case where BTC has a new ATH, perhaps the SOL price will also grow impressively like in late 2021 and become one of the most successful projects in the market. Those who love SOL probably took advantage of the opportunity to buy SOL below $120. Congratulations to them, and I hope they will have huge profits in the future.

[densus88]

It is still early to answer this question, as liquidity is still far from the encrypted currency market, which flows mainly for bitcoin, so perhaps after bitcoin rises to levels above 100 thousand dollars, we can see real increases in Sol, especially with the bad performance of the ethereum.

It looks like we will soon see bitcoin price will touch $ 100K, and after that maybe if there is good news bitcoin can reach ATH. Solana and some other top coins will also likely show good progress.
but if you want to see altcoin season, we wait for the shift of funds from bitcoin to altcoin.

[hugeblack]

It looks like we will soon see bitcoin price will touch $ 100K, and after that maybe if there is good news bitcoin can reach ATH. Solana and some other top coins will also likely show good progress.

I don't think so. There are resistance levels at $95,000 and $98,000, so it's difficult for us to break those levels, especially since we touched those levels about a month ago. The fact that we've moved away from the $82,000 level is good.

[Azharul]

Obviously, solana is also the best profitable crypto in cryptocurrency market. I think that gradually solana price reach best position in cryptocurrency market. If we follow in cryptocurrency market we can see that few week ago solana price reach down level. But if we follow right now in cryptocurrency market $146 up. I think that it must be a best acquire for solana. But i believe that it bitcoin price will increase gradually, then solana price also reach best position in cryptocurrency market. So we should wait in this time.

[na.me]

I really like solana lately, in the past week we saw that many cryptocurrency assets experienced bullish more than 10%... this is certainly very good news, considering that in the past two months we saw cryptocurrency prices tend to experience corrections that did not even give a positive signal...

However, this week we saw Solana perform better than other top 10 coins, managing to print +20% in the past week... will this make solana get positive sentiment in the next few months?
In connection with the memecoin hype that also returned to the solana blockchain, it seems like we have a high chance of continuing to hold SOL... what do you think about SOLANA before 2025 ends?

Solana has been sustained by meme coins built on it, and I see more meme coins being created on that chain, so the price is likely to continue higher.

[philipma1957]

I really like solana lately, in the past week we saw that many cryptocurrency assets experienced bullish more than 10%... this is certainly very good news, considering that in the past two months we saw cryptocurrency prices tend to experience corrections that did not even give a positive signal...

However, this week we saw Solana perform better than other top 10 coins, managing to print +20% in the past week... will this make solana get positive sentiment in the next few months?
In connection with the memecoin hype that also returned to the solana blockchain, it seems like we have a high chance of continuing to hold SOL... what do you think about SOLANA before 2025 ends?

Solana has been sustained by meme coins built on it, and I see more meme coins being created on that chain, so the price is likely to continue higher.

Solana also supports the hotspot mining network. So it is directly involved with cheap low power mining.

I am also staking on my trezor.

I plan to add a solana a month to my staking

[Stompix]

Obviously, solana is also the best profitable crypto in cryptocurrency market.

No, it's not!
Arbitrarily choosing a 7 days period is by no means something that can confidently define a trend.

For example, right now for 7 days period ADA beats SOL by 4%.
For a 30 days period SOL is up 4% while BTC is up 6%.
For 265 days, SOL is up 1% while XRP is up 315%.

[Azharul]

Obviously, solana is also the best profitable crypto in cryptocurrency market.

No, it's not!
Arbitrarily choosing a 7 days period is by no means something that can confidently define a trend.

For example, right now for 7 days period ADA beats SOL by 4%.
For a 30 days period SOL is up 4% while BTC is up 6%.
For 265 days, SOL is up 1% while XRP is up 315%.

Obviously, you are correct. If i tell solana is also a valuable crypto in cryptocurrency market, maybe it will be appropriate. Actually i think that if we want to compare between solana and bitcoin, then we can easily understand bitcoin is one of the best profitable crypto in cryptocurrency world. But i believe that if bitcoin price will increase, then i think that gradually solana price will increase in cryptocurrency market. So i think that if bitcoin price reach $100k up, i think that then maybe we can see a new ATH of solana.

[rdluffy]

This year, SOL reached its ATH exactly on the days that Trump's memecoin was launched
This generated an absurd amount of movement and volume that changed a good part of the market, including taking a lot of liquidity away from other coins

In my opinion, this is a little far from happening again, even though I have SOL and am optimistic about the coin, SOL at 148 USD is almost 50% below the ATH of 294 hehehe, there is still a long way to go

[Stompix]

So i think that if bitcoin price reach $100k up, i think that then maybe we can see a new ATH of solana.

Why would Solana jump 100% if Bitcoin goes up 5%?
Solana ATH was $260, it would be a miracle if it could do this jump with BTC appreciating less than 5k from this one.
Nope, just like ETH SOL has no way to compare its recent and near future price increase with BTC, they simply dropped too much from their previous ATH to make that possible.

[philipma1957]

So i think that if bitcoin price reach $100k up, i think that then maybe we can see a new ATH of solana.

Why would Solana jump 100% if Bitcoin goes up 5%?
Solana ATH was $260, it would be a miracle if it could do this jump with BTC appreciating less than 5k from this one.
Nope, just like ETH SOL has no way to compare its recent and near future price increase with BTC, they simply dropped too much from their previous ATH to make that possible.

I do disagree but mostly because of the time gap ETH ath was in 2021

solana ath was this year.

eth has no mineable coin directly linked to it

solana has the helium hotspot network attached to it.

eth does not have easy peasy trezor staking
solana has easy peasy trezor staking.


also eth og premine was 25 cents a coin.

25 to 30% of eth was made at 25 cents a coin.

so

     250 =     1,000 staked ETH
  2,500 =   10,000 staked ETH
25,000 = 100,000 staked ETH

If you got in early and have any of the above at coinbase you get 2%

Binance pays 2%

Kraken pays 2.5 to 7%

so lets say 2% of 1000 coins is 20 coins a year at 36,000 a year income if you simply cash the interest  and you put up $250
for 10,000 coins it is 200 x 1800 = 360,000 a year income if you simply cash the interest and you put up $2500
and for 100,000 coins it is 2000 x1800 = 3,600,000 a year income if you cash the interest and you put up $25000

that stabilizes price a lot as the OG developers can do nothing and rake in money.

I feel ETH is locked into a 900-3500 price slot due to that staking.


Solana pays way higher 7% and is 3 day liquidity.

we already saw 260 this year not 2021.  I think it can swing up or down in a 90-500 slot easy peasy.

I will continue to stack it and stake it.

I do not need it to go up much it can stay at 130 to 160 for all I care.

My cost for it is about 440 for 4 coins.

I will add 1 a month

[Stompix]

so lets say 2% of 1000 coins is 20 coins a year at 36,000 a year income if you simply cash the interest  and you put up $250
for 10,000 coins it is 200 x 1800 = 360,000 a year income if you simply cash the interest and you put up $2500
and for 100,000 coins it is 2000 x1800 = 3,600,000 a year income if you cash the interest and you put up $25000

Phil, coisna re no different than Fiat.
Printing insane amounts of coins and not back them up will simply result in more coins with less value.

You can't generate that amount that would attract billions without somehow magically giving out billions too, that would either lead to Zimbabwe or Celsius, depending on the model based to pay the interest.

I do disagree but mostly because of the time gap ETH ath was in 2021
solana ath was this year.

And it can go through the ETH story nevertheless, just because it experienced an ATH there is absolutely nothing that guarantees another one, not for solana not for Ethereum either, it's all based on incoming money, but what happens if simply there is none?