Is Solana coin a good investment?

[Crwth]

it has potential if you observe its historical performance

Can you elaborate on what you are going to check and observe for its historical performance? Like what specifically? Price? Developers? Etc

[EthereumDev_]

Solana is just one of many projects that FTX and Alameda support in 2021. Solana has its own story, its own Devs and large funds that are supporting it very well. The surprising price recovery in 2023 is the clearest proof of its potential.
I hope SOL will have a new ATH above 260 USD right in 2024. That is the milestone for Solana's epic comeback 

With very strong support, they finally succeeded in becoming one of the best networks that has very rapid development. ATH at $260 will, of course, be easy to achieve. What traders need to do is remain patient when the bull run occurs after this halving. I'm sure many altcoins will have increased their prices, including Solana.

[NikeFit_7777]

With very strong support, they finally succeeded in becoming one of the best networks that has very rapid development. ATH at $260 will, of course, be easy to achieve. What traders need to do is remain patient when the bull run occurs after this halving. I'm sure many altcoins will have increased their prices, including Solana.

Yes, that would certainly be nice. But here's the question. What kind of news would have to happen for the asset to soar so much in value. Excuse me, if tomorrow bitcoin is below 38k, do you think Solana will hold +/- at the same level as it is now? The answer is obvious to me.

+ do not forget that only on Solana (now, pass airdrop) + the creation of Solana Saga. As a consequence, and aroused the interest of users.

P.S. Personally, I don't think a new ATH is going to happen anytime soon. That doesn't mean I'm right, we're all human and can be wrong. Make your own decisions. 

[IyemRoker]

The question of whether or not cryptocurrency coins are good to invest in depends on the investor.
If I were an investor and had a lot of money, I would definitely buy Solana coins with 30% of the total capital.

Why don't I buy all the Solana coins from the total capital?
I'm not sure that this Solana coin can provide more value one day because the Proof of History (POH) system is not yet known to everyone.
I also don't fully understand the concept of Proof of History (POH) because what I know is that the Solana coin has the fastest coin transactions and has had lots of airdrops in these years.

[Doctor]

With very strong support, they finally succeeded in becoming one of the best networks that has very rapid development. ATH at $260 will, of course, be easy to achieve. What traders need to do is remain patient when the bull run occurs after this halving. I'm sure many altcoins will have increased their prices, including Solana.

A good achievement from Solana to occupy the 4th rank in CMC. Solana is so popular and attracts many investors. Solana has overtaken BNB at rank 4. It's good achievement. By seeing the ATH which Solana reached  at $ 260, I think current price solana is still low. We can gain profit if buy now at $ 114 and hold until the next year.

[bitterguy28]

With very strong support, they finally succeeded in becoming one of the best networks that has very rapid development. ATH at $260 will, of course, be easy to achieve. What traders need to do is remain patient when the bull run occurs after this halving. I'm sure many altcoins will have increased their prices, including Solana.

A good achievement from Solana to occupy the 4th rank in CMC. Solana is so popular and attracts many investors. Solana has overtaken BNB at rank 4. It's good achievement. By seeing the ATH which Solana reached  at $ 260, I think current price solana is still low. We can gain profit if buy now at $ 114 and hold until the next year.

there are just a little difference from both capitalization like 100+ million dollars?

https://coinmarketcap.com/currencies/bnb/ so if that is what we are looking now meaning we must not take that into the record for now not unless the distance will go further then that would be the time we will take that into considerations.

how much are we looking into the chances to earn? depend if which are your choices regarding these 2 currencies .

[MrSpasybo]

there are just a little difference from both capitalization like 100+ million dollars?

https://coinmarketcap.com/currencies/bnb/ so if that is what we are looking now meaning we must not take that into the record for now not unless the distance will go further then that would be the time we will take that into considerations.

how much are we looking into the chances to earn? depend if which are your choices regarding these 2 currencies .

The capitalization race between SOL and BNB is still fierce as both have left XRP far behind and are only about $1M ahead of each other. I love BNB chain but I'm also a fan of Solana, I support both platforms because they are fast, cheap and user-friendly. I believe competition will maintain momentum for both SOL and BNB. Both of them are in my watchlist

The new cycle is still ahead, the Solana ecosystem is growing very strongly and proves that SOL is a potential investment in this crypto market!

[NikeFit_7777]

The question of whether or not cryptocurrency coins are good to invest in depends on the investor.
If I were an investor and had a lot of money, I would definitely buy Solana coins with 30% of the total capital.

Why don't I buy all the Solana coins from the total capital?
I'm not sure that this Solana coin can provide more value one day because the Proof of History (POH) system is not yet known to everyone.
I also don't fully understand the concept of Proof of History (POH) because what I know is that the Solana coin has the fastest coin transactions and has had lots of airdrops in these years.

P.S. Shop without listening to anyone. If you are ready to do it, do it, but don't ask for others' opinions. I don't personally give any financial advice. Everyone does what they want to do.

I personally believe that solana is being manipulated and the price could bottom - absolutely at any moment. That's why I try not to buy this asset. Both long term/and short term. + don't forget, there are tons of other projects with similarly faster transactions. But for some reason, not many people are speaking up for their token and the project itself. Think about it, it's a really important point that everyone forgets. And few people speak in generalities. 

[Primo1760]

So, is it good to invest in Solana? Like Bitcoin, Solana has some positive indicators. Its fast transaction speeds and low fees make it an attractive alternative to Ethereum (ETH), and its open-source platform allows for decentralized applications.

Currently, Solana Coin's position is very good. We can directly consider Solana coin as an alternative after Ethereum. I am currently pushing myself by investing in Solana Coin. There was a time when the Solana coin price was very low I would buy some coins and when the price went up a bit I would exit my investment. If I could have held my investment from that time to now I would have made a lot of profit today. But then when the market goes up I buy some coins from there and invest again and I'm currently going ahead with those coins hopefully when the market bull season starts and new ATH is created in the market I will exit my investment before  no

[de_prof]

Currently, Solana Coin's position is very good. We can directly consider Solana coin as an alternative after Ethereum. I am currently pushing myself by investing in Solana Coin.

Yeah, Solana is top 5 coin on CMC and ahs shows good performance at market.  Solana once overtook BNB, but BNB showed its strength to take its position back.  It's great to see this competition.  I will buy more Solana and BNB next week.

[EthereumDev_]

Yeah, Solana is top 5 coin on CMC and ahs shows good performance at market.  Solana once overtook BNB, but BNB showed its strength to take its position back.  It's great to see this competition.  I will buy more Solana and BNB next week.

That's the goal of Solana, so you have to immediately take the right position to enter Solana and take advantage of its price movements which are currently still in the development process so that it still has the potential to make a lot of profit.

[Metha Wulandarin]

Solana will still be one of the projects worth investing in, it has soared to $250 and dropped to $10 despite that the community remains active and loyal to Solana.
Has anyone here bought Solana at $10 or a little higher if there is, you are a very lucky person and until now I am still surprised with myself, where was I when the price of Solana touched $10 and did not buy it, now I just realized and had to wait for the price to drop again to buy it if there was no decline in Solana, maybe I would have lost Solana.

[bitterguy28]

Yeah, Solana is top 5 coin on CMC and ahs shows good performance at market.  Solana once overtook BNB, but BNB showed its strength to take its position back.  It's great to see this competition.  I will buy more Solana and BNB next week.

That's the goal of Solana, so you have to immediately take the right position to enter Solana and take advantage of its price movements which are currently still in the development process so that it still has the potential to make a lot of profit.

staying at rank 5 is yeah indeed great for Solana

https://coinmarketcap.com/currencies/solana/

But we can assume that there are no Higher chance for Solana at least not this moment .

and I think that Solana may move in the coming years after Halving in the next effect .

[NikeFit_7777]

Solana will still be one of the projects worth investing in, it has soared to $250 and dropped to $10 despite that the community remains active and loyal to Solana.
Has anyone here bought Solana at $10 or a little higher if there is, you are a very lucky person and until now I am still surprised with myself, where was I when the price of Solana touched $10 and did not buy it, now I just realized and had to wait for the price to drop again to buy it if there was no decline in Solana, maybe I would have lost Solana.

It is best that in this endeavor, you are not ruled by greed. What do you mean by "lucky person" - maybe a good trader/investor? I doubt very much that a person far from markets (in general), knows exactly what to buy and tc. Even if the purchase is made = 100% will not hold it. Alas, such miracles do not happen. 

Psychology. Be patient in this case + don't jump to conclusions. Learn to accept defeat and try to keep up with the market. Or you will constantly not earn, and lose personal funds. Alas, or fortunately, the cryptocurrency market is maximally volatile.

[vegasus]

Solana is just one of many projects that FTX and Alameda support in 2021. Solana has its own story, its own Devs and large funds that are supporting it very well. The surprising price recovery in 2023 is the clearest proof of its potential.
I hope SOL will have a new ATH above 260 USD right in 2024. That is the milestone for Solana's epic comeback 

With very strong support, they finally succeeded in becoming one of the best networks that has very rapid development. ATH at $260 will, of course, be easy to achieve. What traders need to do is remain patient when the bull run occurs after this halving. I'm sure many altcoins will have increased their prices, including Solana.

So far, Solana's development has been very significant. The team is really solid and truly professional, bringing various new things and real developments to the project. This is not only about the SOL coin and also the Solana network, but there are still some interesting things about Solana itself. So, I personally don't doubt the possibility that Solana could skyrocket again in this bullish era. At least, we think about how it is in this era. For future seasons, it will depend on how their team can maintain the development and increase it along with various obstacles and challenges in the future.