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Author Topic: Do you think Solana Network will overtake Ethereum at some point?  (Read 22221 times)

Offline doc

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Re: Do you think Solana Network will overtake Ethereum at some point?
« Reply #90 on: October 03, 2024, 06:48:29 PM »
If Solana continues to perform well in the development it is doing on their platform, it is not unlikely that the price it has now will increase in the future in the market we are experiencing now. And it is also undeniable that SOL is also one of the good crypto assets to hold in the long term.

And even in the short term, it's okay because it can also provide a nice profit in day trading if we have a broad understanding of the trading activity that we will actually do.
I also hope that there will always be improvements from the Solana project to stay in the top 5 coins and I always observe the movement of the price of Solana in the market because I use this coin for my trading, Solana is a potential coin and I am sure the Has will be high next year

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Re: Do you think Solana Network will overtake Ethereum at some point?
« Reply #90 on: October 03, 2024, 06:48:29 PM »

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Re: Do you think Solana Network will overtake Ethereum at some point?
« Reply #91 on: October 07, 2024, 06:31:41 PM »
I just assume for now or the near future that Solana has not been able to overtake Ethereum for the classic reason of the community. The first time I learned about cryptocurrency was learning to create a wallet from Ethereum and Bitcoin, not creating a wallet from Solana, Tron or whatever. With the creation of a wallet at the beginning, it was also seen that the Ethereum coin has a lot of supporters when compared to Solana.
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Re: Do you think Solana Network will overtake Ethereum at some point?
« Reply #91 on: October 07, 2024, 06:31:41 PM »

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Offline royalRitta

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Re: Do you think Solana Network will overtake Ethereum at some point?
« Reply #92 on: October 08, 2024, 08:03:45 AM »
I just assume for now or the near future that Solana has not been able to overtake Ethereum for the classic reason of the community. The first time I learned about cryptocurrency was learning to create a wallet from Ethereum and Bitcoin, not creating a wallet from Solana, Tron or whatever. With the creation of a wallet at the beginning, it was also seen that the Ethereum coin has a lot of supporters when compared to Solana.

ETH is the bigger brother of all alts simply because it's one of the first big alts on the market - it has its ups, and downs, just like SOL - they are different and they shouldn't charge to "surpass" each other - two are going after their own goals and two have their personal problems to solve on their appropriate chains.

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Re: Do you think Solana Network will overtake Ethereum at some point?
« Reply #93 on: October 08, 2024, 09:22:29 AM »
I just assume for now or the near future that Solana has not been able to overtake Ethereum for the classic reason of the community. The first time I learned about cryptocurrency was learning to create a wallet from Ethereum and Bitcoin, not creating a wallet from Solana, Tron or whatever. With the creation of a wallet at the beginning, it was also seen that the Ethereum coin has a lot of supporters when compared to Solana.

ETH is the bigger brother of all alts simply because it's one of the first big alts on the market - it has its ups, and downs, just like SOL - they are different and they shouldn't charge to "surpass" each other - two are going after their own goals and two have their personal problems to solve on their appropriate chains.

Honestly, I don’t care who will dominate, whether SOL will overtake Ethereum or not.
Both projects have proven themselves as networks that are consistent in development and continue to survive even in the most difficult times.
Everyone is free to use the network they like, with their own considerations.
When it comes to investment, the choice between the two depends on the investor’s risk tolerance and their view on the development of blockchain technology.

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Re: Do you think Solana Network will overtake Ethereum at some point?
« Reply #94 on: October 08, 2024, 09:37:34 AM »
I just assume for now or the near future that Solana has not been able to overtake Ethereum for the classic reason of the community. The first time I learned about cryptocurrency was learning to create a wallet from Ethereum and Bitcoin, not creating a wallet from Solana, Tron or whatever. With the creation of a wallet at the beginning, it was also seen that the Ethereum coin has a lot of supporters when compared to Solana.

ETH is the bigger brother of all alts simply because it's one of the first big alts on the market - it has its ups, and downs, just like SOL - they are different and they shouldn't charge to "surpass" each other - two are going after their own goals and two have their personal problems to solve on their appropriate chains.

Honestly, I don’t care who will dominate, whether SOL will overtake Ethereum or not.
Both projects have proven themselves as networks that are consistent in development and continue to survive even in the most difficult times.
Everyone is free to use the network they like, with their own considerations.
When it comes to investment, the choice between the two depends on the investor’s risk tolerance and their view on the development of blockchain technology.

Yeah. Some like vibrant L2's of ETH, others view SOL as superior due to the metrics of its chain, and so on and so on.
Everybody is free to choose and both of them are good for the investment, in my opinion, and the risks on both are not that high if a person is going long term.

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Re: Do you think Solana Network will overtake Ethereum at some point?
« Reply #95 on: October 08, 2024, 09:51:17 AM »
I just assume for now or the near future that Solana has not been able to overtake Ethereum for the classic reason of the community. The first time I learned about cryptocurrency was learning to create a wallet from Ethereum and Bitcoin, not creating a wallet from Solana, Tron or whatever. With the creation of a wallet at the beginning, it was also seen that the Ethereum coin has a lot of supporters when compared to Solana.

ETH is the bigger brother of all alts simply because it's one of the first big alts on the market - it has its ups, and downs, just like SOL - they are different and they shouldn't charge to "surpass" each other - two are going after their own goals and two have their personal problems to solve on their appropriate chains.
Although Ethereum is a big brother coin, I once read a thread on altcoinstalks that Ethereum has a problem if its network is down, then the fee price is very expensive. This is what makes it a serious problem for Ethereum because the transaction fee can exceed 50 dollars. As for Solana, I have never heard or read that the transaction fee reaches 50 dollars, maybe there are other more complicated problems with the Solana coin besides the transaction fee.
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Offline enoch_from_off

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Re: Do you think Solana Network will overtake Ethereum at some point?
« Reply #96 on: October 08, 2024, 12:21:51 PM »
I just assume for now or the near future that Solana has not been able to overtake Ethereum for the classic reason of the community. The first time I learned about cryptocurrency was learning to create a wallet from Ethereum and Bitcoin, not creating a wallet from Solana, Tron or whatever. With the creation of a wallet at the beginning, it was also seen that the Ethereum coin has a lot of supporters when compared to Solana.

ETH is the bigger brother of all alts simply because it's one of the first big alts on the market - it has its ups, and downs, just like SOL - they are different and they shouldn't charge to "surpass" each other - two are going after their own goals and two have their personal problems to solve on their appropriate chains.
Although Ethereum is a big brother coin, I once read a thread on altcoinstalks that Ethereum has a problem if its network is down, then the fee price is very expensive. This is what makes it a serious problem for Ethereum because the transaction fee can exceed 50 dollars. As for Solana, I have never heard or read that the transaction fee reaches 50 dollars, maybe there are other more complicated problems with the Solana coin besides the transaction fee.

There are outages on the chain sometimes on SOL, however, I heard that the situation has become better in that department.
And ETH solves its problem of fees with vibrant L2's, though the main chain still remains what it is currently.

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Re: Do you think Solana Network will overtake Ethereum at some point?
« Reply #96 on: October 08, 2024, 12:21:51 PM »


Offline Sukii

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Re: Do you think Solana Network will overtake Ethereum at some point?
« Reply #97 on: October 08, 2024, 12:53:23 PM »
Well we can't tell the future so we can't say for certain if solana will overtake Ethereum but one is foe certain judging by the current market price and movement I highly doubt solana will overtake Ethereum
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Re: Do you think Solana Network will overtake Ethereum at some point?
« Reply #98 on: October 08, 2024, 10:11:53 PM »
Well we can't tell the future so we can't say for certain if solana will overtake Ethereum but one is foe certain judging by the current market price and movement I highly doubt solana will overtake Ethereum

I think solana has a lot of potential, it might not be now but I’m sure that with continuous development in the system and if more projects continue to utilize them they’ll surely get to the level of Ethereum and even if they don’t surpass them they’ll still be very close to them in the ecosystem.

They are both very good network and I don’t really care about their ratings as long as they continue to be a good network and allow me make fast transactions with little gas fee.
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Re: Do you think Solana Network will overtake Ethereum at some point?
« Reply #99 on: October 09, 2024, 11:28:11 PM »
I just assume for now or the near future that Solana has not been able to overtake Ethereum for the classic reason of the community. The first time I learned about cryptocurrency was learning to create a wallet from Ethereum and Bitcoin, not creating a wallet from Solana, Tron or whatever. With the creation of a wallet at the beginning, it was also seen that the Ethereum coin has a lot of supporters when compared to Solana.

ETH is the bigger brother of all alts simply because it's one of the first big alts on the market - it has its ups, and downs, just like SOL - they are different and they shouldn't charge to "surpass" each other - two are going after their own goals and two have their personal problems to solve on their appropriate chains.
Although Ethereum is a big brother coin, I once read a thread on altcoinstalks that Ethereum has a problem if its network is down, then the fee price is very expensive. This is what makes it a serious problem for Ethereum because the transaction fee can exceed 50 dollars. As for Solana, I have never heard or read that the transaction fee reaches 50 dollars, maybe there are other more complicated problems with the Solana coin besides the transaction fee.

There are outages on the chain sometimes on SOL, however, I heard that the situation has become better in that department.
And ETH solves its problem of fees with vibrant L2's, though the main chain still remains what it is currently.
Solana had a chain outage that caused it to go down.
Ethereum had no outages but its fees were very expensive.
If you had to choose between the two in terms of outages, which would you choose? Would you choose a low fee but chain outage or a high fee but chain up and running?
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Re: Do you think Solana Network will overtake Ethereum at some point?
« Reply #100 on: October 10, 2024, 07:01:29 PM »
There are outages on the chain sometimes on SOL, however, I heard that the situation has become better in that department.
And ETH solves its problem of fees with vibrant L2's, though the main chain still remains what it is currently.

The last incident was in February


Source

Network are good right now without any major incident. In my opinion you really need to worry if you have some DeFi positions that can be liquidated in a outage
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Offline royalRitta

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Re: Do you think Solana Network will overtake Ethereum at some point?
« Reply #101 on: October 10, 2024, 07:08:21 PM »
There are outages on the chain sometimes on SOL, however, I heard that the situation has become better in that department.
And ETH solves its problem of fees with vibrant L2's, though the main chain still remains what it is currently.

The last incident was in February


Source

Network are good right now without any major incident. In my opinion you really need to worry if you have some DeFi positions that can be liquidated in a outage

Yeah, that's the main thing that can happen and make your day pretty bad ;D
I hope for the situation to stay that way and for everybody who uses DeFi to never experience the loss due to the blockchain shenanigans. 

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Re: Do you think Solana Network will overtake Ethereum at some point?
« Reply #102 on: October 10, 2024, 11:15:44 PM »
I think solana has a lot of potential, it might not be now but I’m sure that with continuous development in the system and if more projects continue to utilize them they’ll surely get to the level of Ethereum and even if they don’t surpass them they’ll still be very close to them in the ecosystem.
I agree with this. Actually, the Solana network's project development progress is very good. Even some of its products and features are actually more advanced and more complex than Ethereum. Solana is not only about the network, but there are also several utilities and products. That's why Solana can adapt faster and compete more closely with several top coins. Until finally it can take over their position and pass them very quickly.

It's just that when compared to Ethereum, the market is still much smaller, so Solana still needs more time to convince more investors and increase its market cap. For now, the target is BNB first, but yes, BNB also has good progress, especially Binance's which is now a top exchange and business in crypto.
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Offline philipma1957

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Re: Do you think Solana Network will overtake Ethereum at some point?
« Reply #103 on: October 11, 2024, 04:19:26 AM »
I just assume for now or the near future that Solana has not been able to overtake Ethereum for the classic reason of the community. The first time I learned about cryptocurrency was learning to create a wallet from Ethereum and Bitcoin, not creating a wallet from Solana, Tron or whatever. With the creation of a wallet at the beginning, it was also seen that the Ethereum coin has a lot of supporters when compared to Solana.

ETH is the bigger brother of all alts simply because it's one of the first big alts on the market - it has its ups, and downs, just like SOL - they are different and they shouldn't charge to "surpass" each other - two are going after their own goals and two have their personal problems to solve on their appropriate chains.

Honestly, I don’t care who will dominate, whether SOL will overtake Ethereum or not.
Both projects have proven themselves as networks that are consistent in development and continue to survive even in the most difficult times.
Everyone is free to use the network they like, with their own considerations.
When it comes to investment, the choice between the two depends on the investor’s risk tolerance and their view on the development of blockchain technology.
There is a need for three or four networks say :

Solana
Ton
Eth

having all three helps to diverge attacks.  The resources needed to attack are expensive and if one is down or slow due to dust attacks you can use the others.

So as long as they continue onwards and we have three or more of this type of coin it is healthier then just Eth alone.
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Offline koang

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Re: Do you think Solana Network will overtake Ethereum at some point?
« Reply #104 on: October 11, 2024, 09:18:25 AM »
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There is a need for three or four networks say :

Solana
Ton
Eth

having all three helps to diverge attacks.  The resources needed to attack are expensive and if one is down or slow due to dust attacks you can use the others.

So as long as they continue onwards and we have three or more of this type of coin it is healthier then just Eth alone.

Ah ya... Dust attack. This is an interesting topic :)
Bitcoin dust some time ago has slowed down the Bitcoin network, even transaction processing cannot be done.
However, dusting attacks are not always dangerous, some blockchain analysis institutions deliberately carry out dusting attacks to test the throughput or bandwidth of a network.

 

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