Is Solana coin a good investment?

[dekafee79]

Since the market is experiencing a correction and the price of bitcoin is $62K, I think it's a good time to buy solana again.  The current price of Solana is $148, I will add to my Solana collection and will hold it until early next year, I will sell it during the bullish season next year.  Hopefully Solana can reach ATH more than $260.

Bitcoin dropped to $53k and Solana dropped to $121. Sure, this is the right time to buy Solana although I think it is still possible to drop more. It will be great if we can see again the price of Solana around $100. This is actually cheap price for Solana because it can easily increase again above $150. I no doubt that we can see the price of Solana above $200 in the next year. Solana is a trending coin nowadays, people even expect the price of Solana can be above $300.

The price of bitcoin rose again to $57K, mate and solana prices also rose $140, actually we have to enter at the right time if we want to buy and sell quickly, so we can get profits as soon as possible. In market conditions after the halving, even though there is a big correction, I don't think it will last long and prices will improve again.

[Metha Wulandarin]

Rapper Lil pump got a tattoo with the name of a coin. Today he threw a photo where the name of the coin Solana is painted on his forehead. After this news, the memcoin with his name has doubled in value.

P.S. Doesn't it seem to you some kind of signal to sell your assets? By no means, not financial advice. Just a thought out loud. When such actions occur, it turns out retroactively that you should have sold all your assets. 

If I may know what coin is written on his forehead, in my opinion it is still too early to make a sale because there will be something big happening in 2025 the glory days of crypto will begin at the end of this year do not ask the source from where this is just an analysis combined with my logic.

[NikeFit_7777]

Solana's share in the volume of decentralized exchanges has grown to 24% this year. Three years ago, the network recorded near-zero values.

Obviously, 2024 and the hype around meme tokens have had a positive impact on all blockchain metrics. According to Pantera Capital:

1. The number of unique active addresses reached a record 1.3 million in June;
2. 85% of all new tokens appearing on DEX came from Solana;
3. Phantom Wallet topped the Finance category in the AppStore and was the most popular free app among all categories in the US;
4. total fees and overpayments from MEV transactions reached a third of Ethereum's.

[Metha Wulandarin]

Solana's share in the volume of decentralized exchanges has grown to 24% this year. Three years ago, the network recorded near-zero values.

Obviously, 2024 and the hype around meme tokens have had a positive impact on all blockchain metrics. According to Pantera Capital:

1. The number of unique active addresses reached a record 1.3 million in June;
2. 85% of all new tokens appearing on DEX came from Solana;
3. Phantom Wallet topped the Finance category in the AppStore and was the most popular free app among all categories in the US;
4. total fees and overpayments from MEV transactions reached a third of Ethereum's.

Then this is great news for Solana and its ecosystem hopefully Solana can continue to maintain the trust and popularity of its network and phantom is the first wallet on Solana's main network in the mobile version if Solana's application can be accepted by the ETF maybe phantom will start forming and launching its token and this will be a big thing later.

[Hamza2424]

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.

SOL is a good coin, but in my views its over-saturated for this cycle, i can be totally wrong but there many other worth risk-taking opportunities in market such as AVAX and LINK which haven't performed super crazy like SOL yet and I'm still bullish on the SOL but seems like from here we can only go for the max 3x in optimistic range but for the AVAX and others you never know,

[rdluffy]

SOL is a good coin, but in my views its over-saturated for this cycle, i can be totally wrong but there many other worth risk-taking opportunities in market such as AVAX and LINK which haven't performed super crazy like SOL yet and I'm still bullish on the SOL but seems like from here we can only go for the max 3x in optimistic range but for the AVAX and others you never know,

Solana is still a great crypto for newcomers to the market, with low fees, a relatively secure network, plenty of new products and easy to use, specially with Phantom wallet
If SOL manages to do 2x or 3x I'd be very happy 

Yesterday I took advantage of the drop and bought some more SOL for less than 140 dollars
Unfortunately I wasn't able to catch last week's drop, but SOL at less than 120 dollars seemed like a great deal, since it has already rised a lot and we know it could reach 180 dollars again if BTC continues to rise

[Ricardo11]

Solana is a much better coin. Due to its fast transaction speed and low transaction fees, it is a very popular coin for everyone. Its current market value is $146.71. In the next pump we will see a much better pump. So investing in Salona can be a profitable investment right now.

[Wiseman]

I don't think that investing in Solana is considered some kind of correct investment because at the moment the market has changed and investing in projects simply in which there is some kind of reliable blockchain does not mean that you can get a big profit from it. You can look at the new coins that have recently been added to the market that supports it. There you can see the trading on these points and you can assume which one will be the most on them after a short time, which Solana cannot boast about.

[giammangiato]

I saw that on bitlist one of the dont know your customer cards with solana, basically you put solana and you get usd to spend as you want, really very nice. Have any of you tried this card? give us a look friends and brothers of solana. The site is bitlist.co take a look

[JISAN]

Since the market is experiencing a correction and the price of bitcoin is $62K, I think it's a good time to buy solana again.  The current price of Solana is $148, I will add to my Solana collection and will hold it until early next year, I will sell it during the bullish season next year.  Hopefully Solana can reach ATH more than $260.

Bitcoin dropped to $53k and Solana dropped to $121. Sure, this is the right time to buy Solana although I think it is still possible to drop more. It will be great if we can see again the price of Solana around $100. This is actually cheap price for Solana because it can easily increase again above $150. I no doubt that we can see the price of Solana above $200 in the next year. Solana is a trending coin nowadays, people even expect the price of Solana can be above $300.

The price of bitcoin rose again to $57K, mate and solana prices also rose $140, actually we have to enter at the right time if we want to buy and sell quickly, so we can get profits as soon as possible. In market conditions after the halving, even though there is a big correction, I don't think it will last long and prices will improve again.

Solana is a strong enough coin that it is not bad to invest in it because Solana has the potential to do much better in the future.  History of SOL All top coins like ETH, BNB, Bitcoin were around $0.7 at the time of listing and this SOL formed ATH in 2021 at $259.96 which is a huge price change. a normal coin cannot do this. SOL's team has a lot of intelligence that they are planning to make sol the 2nd ETH if that happens, SOL's price will drop at least $2k in the future. So if we keep investing here it will be very profitable for us in future.

[giammangiato]

Solana is a strong enough coin that it is not bad to invest in it because Solana has the potential to do much better in the future..

in my opinion, if it wants to do better than eth and better than bitcoin it must invest time and resources on the services, which are what people ultimately want. we just want services please stop with meme coin and ntf, real services. There are many possibilities for creating real services, if Solana can provide them to us, he has won hard

[Manna]

SOL is a good coin, but in my views its over-saturated for this cycle, i can be totally wrong but there many other worth risk-taking opportunities in market such as AVAX and LINK which haven't performed super crazy like SOL yet and I'm still bullish on the SOL but seems like from here we can only go for the max 3x in optimistic range but for the AVAX and others you never know,

Solana is still a great crypto for newcomers to the market, with low fees, a relatively secure network, plenty of new products and easy to use, specially with Phantom wallet
If SOL manages to do 2x or 3x I'd be very happy 

Yesterday I took advantage of the drop and bought some more SOL for less than 140 dollars
Unfortunately I wasn't able to catch last week's drop, but SOL at less than 120 dollars seemed like a great deal, since it has already rised a lot and we know it could reach 180 dollars again if BTC continues to rise

Your investment strategy is quite sound and your confidence in Solana (SOL) is justified.  Solana is currently one of the most popular platforms in the crypto market, especially due to its high scalability, low fees, and ease of use.  With Phantom Wallet and other new products, Solana is becoming an increasingly attractive option to developers and users.
 If SOL can do 2x or 3x, it will definitely be a big success, and the way you got it for under $140 was a smart move.  Bitcoin price increases often have a positive effect on the prices of other cryptocurrencies in the market as well, so if BTC increases strongly, strong projects like SOL often see price increases as well.
Stick to your strategy and keep an eye on the market.  Buying at the right time and being patient can be profitable, especially when you are investing in a strong project.

[Hisbullah]

Solana is a strong enough coin that it is not bad to invest in it because Solana has the potential to do much better in the future..

in my opinion, if it wants to do better than eth and better than bitcoin it must invest time and resources on the services, which are what people ultimately want. we just want services please stop with meme coin and ntf, real services. There are many possibilities for creating real services, if Solana can provide them to us, he has won hard

Yes, service is something important and very much needed by users. Solana must improve its service to be able to compete with old networks like ethereum which is already popular and used by many projects. BNB also has a good network and is very popular. For now, the top three networks should be able to improve their services

[babo]

I noticed that solana had a scary drop, much higher than other coins
this I include one week chart
but did something happen? any bugs or hacks? I can't explain such a big drop compared to other currencies

Thank you

[ajiz138]

Solana is a strong enough coin that it is not bad to invest in it because Solana has the potential to do much better in the future..

in my opinion, if it wants to do better than eth and better than bitcoin it must invest time and resources on the services, which are what people ultimately want. we just want services please stop with meme coin and ntf, real services. There are many possibilities for creating real services, if Solana can provide them to us, he has won hard

Yes, service is something important and very much needed by users. Solana must improve its service to be able to compete with old networks like ethereum which is already popular and used by many projects. BNB also has a good network and is very popular. For now, the top three networks should be able to improve their services

Everyone will definitely make an analysis and they will choose which one has more potential, it can be seen from many factors, one of which we are talking about here, namely the network.

Apart from that, there are still many other factors that investors must also pay attention to, such as what the community in the network is like. Do they have a solid community or are they easy to lose their community.