Is Solana coin a good investment?

[luckyledger]

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.

Solana is certainly in great demand because it is in the top 10 list so I am also amazed at the Solana coin which is a big coin and has full support from all communities. Solana also when I noticed has a lot of Meme coins, as far as I know this Meme coin has the advantage of boosting the number of networks used so that its native coins sell and are used periodically for Gas costs etc.

Yep, SOL is the meme hub for sure Though, this place is taken a bit by TON and TRON, it's still one of the biggest places to see the memes rise and fall on a whim.

[enoch_from_off]

clear clear
however, there are many blockchains that use bitcoin as collateral, and solana apparently is one of these (I would never have guessed it)
for example, there is wBTC, wrapped bitcoin
this allows you to exchange bitcoin as if it were a token of the ethereum network
 
good, bad, right or wrong I don't say a word.. the possibility of doing so exists

You are right, but what would make this platform you presented in the video from all the others? Or it would be the same concept, but on Solana?

Honestly, I still have to watch the video, I'll do it on the weekend, during the week between work during the day and family in the evening, children that I don't have time to concentrate on in a talk like this, then in English (highly cognitively stressful for me)
So I'll postpone it until I have time and let you know of course

Thanks! I will wait for your reply, have a good time!

[babo]

Thanks! I will wait for your reply, have a good time!

dont worry, you are welcome
in my local, Italian section, I have a thread where I tell all the experiments I do
I could also do it in English if any of you are interested, except that since these are experiments done with many different types of things I really don't know where to put it

[enoch_from_off]

Thanks! I will wait for your reply, have a good time!

dont worry, you are welcome
in my local, Italian section, I have a thread where I tell all the experiments I do
I could also do it in English if any of you are interested, except that since these are experiments done with many different types of things I really don't know where to put it

That would be great to see, though, you may put some of the experiments on the English boards, because I appreciate doing them in Italian, but, unfortunately, I am not good at it.

[Parzival204]

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.

Solana coin is attractive to invest in, with the price being cheap compared to ethereum and its own special features, this coin is quite widely invested by people. However, with the cheap transaction costs in Solana we also have to be prepared for the risk of network problems. This is different from ethereum which costs the transactions are quite more expensive than Solana. But it promises a connection that is not problematic. But I think the network problems on Solana won't continue to be problematic forever. Maybe in some time, Solana can provide a good transaction network at an adequate price.

[royalRitta]

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.

Solana coin is attractive to invest in, with the price being cheap compared to ethereum and its own special features, this coin is quite widely invested by people. However, with the cheap transaction costs in Solana we also have to be prepared for the risk of network problems. This is different from ethereum which costs the transactions are quite more expensive than Solana. But it promises a connection that is not problematic. But I think the network problems on Solana won't continue to be problematic forever. Maybe in some time, Solana can provide a good transaction network at an adequate price.

I do think the pros outweigh the cons with SOL, due to it having potential and working around a new validator client, I do think that this problem will be gone in the future.
And it's easier to invest in it, as you said.

[babo]

That would be great to see, though, you may put some of the experiments on the English boards, because I appreciate doing them in Italian, but, unfortunately, I am not good at it.

thank you dearest enoch_from_off, I will take your advice then
I will look for a forum that can host my experiment thread and I will place it there so that anyone can read it easily and without problems.
I'm happy that it's something that interests people and I enjoy testing

[royalRitta]

That would be great to see, though, you may put some of the experiments on the English boards, because I appreciate doing them in Italian, but, unfortunately, I am not good at it.

thank you dearest enoch_from_off, I will take your advice then
I will look for a forum that can host my experiment thread and I will place it there so that anyone can read it easily and without problems.
I'm happy that it's something that interests people and I enjoy testing

It's wonderful to hear you are eager to share your wisdom and experiences with others.
Good luck!

[kai]

OP wrote a comparison between Solana, Ethereum and Bitcoin coins, it seems that in early 2023, Solana coins were rising in price and continued to coexist with Bitcoin and Ethereum. After I noticed that this OP also likes Solana coins so he is able to continue to voice the progress of Solana coins, but personally I prefer Bitcoin over Solana coins.
I am also sure that one day, maybe if Solana continues to be directly updated by CEO Anatoly Yakovenko, the sophistication of Solana coins will be able to coexist with Ethereum, but to accompany Bitcoin it seems very difficult to do.

[enoch_from_off]

OP wrote a comparison between Solana, Ethereum and Bitcoin coins, it seems that in early 2023, Solana coins were rising in price and continued to coexist with Bitcoin and Ethereum. After I noticed that this OP also likes Solana coins so he is able to continue to voice the progress of Solana coins, but personally I prefer Bitcoin over Solana coins.
I am also sure that one day, maybe if Solana continues to be directly updated by CEO Anatoly Yakovenko, the sophistication of Solana coins will be able to coexist with Ethereum, but to accompany Bitcoin it seems very difficult to do.

It's a good investment for sure, and innovation is there, but I think no coin puts a target to topple BTC, or accompany it. They have their own goals and we should judge the coins looking at them

[gunhell16]

OP wrote a comparison between Solana, Ethereum and Bitcoin coins, it seems that in early 2023, Solana coins were rising in price and continued to coexist with Bitcoin and Ethereum. After I noticed that this OP also likes Solana coins so he is able to continue to voice the progress of Solana coins, but personally I prefer Bitcoin over Solana coins.
I am also sure that one day, maybe if Solana continues to be directly updated by CEO Anatoly Yakovenko, the sophistication of Solana coins will be able to coexist with Ethereum, but to accompany Bitcoin it seems very difficult to do.

Bitcoin, Ethereum, and Solana are all good in the long term even in the short term as well, so it depends on the investors what they will do when they invest in the aforementioned assets, because they are all potential for my opinion.

So, there is nothing wrong with this no matter what we do; just be careful if we do it as a trading activity, because if we do that, we must be really knowledgeable in trading in the field of the crypto world.

[kai]

OP wrote a comparison between Solana, Ethereum and Bitcoin coins, it seems that in early 2023, Solana coins were rising in price and continued to coexist with Bitcoin and Ethereum. After I noticed that this OP also likes Solana coins so he is able to continue to voice the progress of Solana coins, but personally I prefer Bitcoin over Solana coins.
I am also sure that one day, maybe if Solana continues to be directly updated by CEO Anatoly Yakovenko, the sophistication of Solana coins will be able to coexist with Ethereum, but to accompany Bitcoin it seems very difficult to do.

It's a good investment for sure, and innovation is there, but I think no coin puts a target to topple BTC, or accompany it. They have their own goals and we should judge the coins looking at them

But sometimes those who create the coin have very high ambitions so they target to surpass BTC. Instead of surpassing BTC then what happens is it is thrown far from the distance with BTC and also does not enter the top 100 coinmarketcap.

......

Bitcoin, Ethereum, and Solana are all good in the long term even in the short term as well, so it depends on the investors what they will do when they invest in the aforementioned assets, because they are all potential for my opinion.
......

For Solana coins, I think I don't agree a bit because when Solana is stuck, its network will die. Have you ever heard information that the Solana blockchain goes down when there is a transaction jam?

[babo]

OP wrote a comparison between Solana, Ethereum and Bitcoin coins, it seems that in early 2023, Solana coins were rising in price and continued to coexist with Bitcoin and Ethereum. After I noticed that this OP also likes Solana coins so he is able to continue to voice the progress of Solana coins, but personally I prefer Bitcoin over Solana coins.
I am also sure that one day, maybe if Solana continues to be directly updated by CEO Anatoly Yakovenko, the sophistication of Solana coins will be able to coexist with Ethereum, but to accompany Bitcoin it seems very difficult to do.

Bitcoin, Ethereum, and Solana are all good in the long term even in the short term as well, so it depends on the investors what they will do when they invest in the aforementioned assets, because they are all potential for my opinion.

So, there is nothing wrong with this no matter what we do; just be careful if we do it as a trading activity, because if we do that, we must be really knowledgeable in trading in the field of the crypto world.

let's assume that ethereum is good to hold, everything fits there, as well as bitcoin
tell me what would be the advantage in holding solana compared to ethereum, what does it have more and what does it offer more than ethereum? maybe it escapes me
to me solana just seems like a good way to speculate and make a few dollars

[MrSpasybo]

For Solana coins, I think I don't agree a bit because when Solana is stuck, its network will die. Have you ever heard information that the Solana blockchain goes down when there is a transaction jam?

We witnessed multiple Solana outages during the bullrun 2021, yet SOL price continued to rise, similar to what occurred in 2023. Some incidents were quickly resolved by the Solana team, and network stability improved. This demonstrates that SOL price isn't solely reliant on network status but is also influenced by market sentiment and capital flow.

Solana persisted after the FTX collapse, subsequently rebounding with significant trends and reclaiming its position as a competitor to Binance BNB on Coinmarketcap. Personally, I believe Solana deserves to remain the most formidable rival to Ethereum in the public blockchain technology race.

[rizqillah]

For Solana coins, I think I don't agree a bit because when Solana is stuck, its network will die. Have you ever heard information that the Solana blockchain goes down when there is a transaction jam?

We witnessed multiple Solana outages during the bullrun 2021, yet SOL price continued to rise, similar to what occurred in 2023. Some incidents were quickly resolved by the Solana team, and network stability improved. This demonstrates that SOL price isn't solely reliant on network status but is also influenced by market sentiment and capital flow.

Solana persisted after the FTX collapse, subsequently rebounding with significant trends and reclaiming its position as a competitor to Binance BNB on Coinmarketcap. Personally, I believe Solana deserves to remain the most formidable rival to Ethereum in the public blockchain technology race.

I also think so, solana will be a strong competitor for ethereum in the future, and I think TON also has the same potential. Although there was a congestion due to high traffic, the solana team managed to solve the problem and this year we haven't heard about this problem again, so I think the improvement of the solana project is quite good.