Solana network shuts down, will you still invest in SOL?

[erus]

1. Looking at the current price of Solana, I am still convinced that Solana will buy at least 10% of my total capital into Solana coins.
2. I feel very disturbed if the Solana blockchain goes down, because the problem is related to the funds I have, if I have 0.2 Solana transferred to a friend and the Solana blockchain goes down at that time it will be very dangerous.
3. Many say that 2025 is the peak of BullRun, the same as your principle. If that really happens, then the Solana coin should also be able to reach a new all-time high again, maybe at least the price of this Solana coin is above 520 dollars.

This is just my personal opinion, if I had free funds then I would use this principle to buy Solana coins.

SOL has reached a new ATH of 265 USD, confirming that a new ATH has been set. We know that a few outages can't diminish investors' love for Sol The fact that you want to allocate 10% of your capital to SOL is the clearest evidence of this.

That's one of the reasons why I only use 10% of the total capital to invest in Solana because my position if I were Bitcoin maxis or Ethereum maxis would definitely hate something called blockchain outage, the problem is if I trade on DEX with various Solana coin pairs with tokens A, B, C on the Solana blockchain then Solana blockchain outage, it could be that on that day I immediately lose money. Scary isn't it?

Typically, Sol outages last for a few hours and don't have a significant impact on investors. For DeFi users, this might be a bigger challenge as DeFi requires constant movement of funds between participants. We hope that in the 2025 uptrend, Sol will operate stably and avoid any further scandals related to network instability.

Are you sure Solana was down for just a few hours?

I googled and found that Solana had its blockchain down for about 19 hours, which is almost a full day of Solana coin blockchain down.

The previous outage, on February 25, 2023, lasted for nearly 19 hours

https://decrypt.co/216132/solana-outage-developers-say-could-happen-again

Yes, that's right, the influence is on DeFi, Dex or Decentralized-based platforms will definitely experience severe anxiety because the blockchain going out will definitely make us panic. Moreover, this crypto fluctuates very quickly.

[rdluffy]

...
That's one of the reasons why I only use 10% of the total capital to invest in Solana because my position if I were Bitcoin maxis or Ethereum maxis would definitely hate something called blockchain outage, the problem is if I trade on DEX with various Solana coin pairs with tokens A, B, C on the Solana blockchain then Solana blockchain outage, it could be that on that day I immediately lose money. Scary isn't it?
...

Solana outages weren't supposed to happen, and that's a “big” flaw that a billion-dollar blockain couldn't have, I agree
However, the risk for us ordinary users is that we have positions in DeFi and if the market turns abruptly while an outage is taking place, we are unable to place more collateral or redeem any positions

If you try to send some coins, or are using a DEX, what will happen is that the transaction won't be completed, but you won't lose any money in that situation

[erus]

...
That's one of the reasons why I only use 10% of the total capital to invest in Solana because my position if I were Bitcoin maxis or Ethereum maxis would definitely hate something called blockchain outage, the problem is if I trade on DEX with various Solana coin pairs with tokens A, B, C on the Solana blockchain then Solana blockchain outage, it could be that on that day I immediately lose money. Scary isn't it?
...

Solana outages weren't supposed to happen, and that's a “big” flaw that a billion-dollar blockain couldn't have, I agree

I thought like this at first because the money turnover in Solana coins is very large, if this happens continuously it will be a serious problem for Solana coins.

However, the risk for us ordinary users is that we have positions in DeFi and if the market turns abruptly while an outage is taking place, we are unable to place more collateral or redeem any positions

Well, here it is also seen that we also lost our profits from DEFI, the point is if the Solana blockchain outage is certain to result in a lot of losses.

If you try to send some coins, or are using a DEX, what will happen is that the transaction won't be completed, but you won't lose any money in that situation

Maybe this is one of the things that can be anticipated because when sending coins on DEX, it is certain that they cannot be sent or are stuck due to the Solana blockchain outage, even though we do not lose coins, what is certain is that this is also our loss from the effects of the Solana blockchain outage.

[KryptoBull]

Solana outages weren't supposed to happen, and that's a “big” flaw that a billion-dollar blockain couldn't have, I agree
However, the risk for us ordinary users is that we have positions in DeFi and if the market turns abruptly while an outage is taking place, we are unable to place more collateral or redeem any positions

If you try to send some coins, or are using a DEX, what will happen is that the transaction won't be completed, but you won't lose any money in that situation

Sol has a novel PoH mechanism and easily achieves a speed of 60k tps, which is truly impressive in the context of Eth and Bsc facing many scalability limitations in 2020-2021. Unfortunately, PoH still has many issues and cannot become completely stable despite being updated and upgraded many times over the past few years.

A large ecosystem should be operated on better and more stable blockchains, but the market and investors still choose Sol, which means they believe in the future of SOL. I hope that Sol will become better, and at the same time, SOL price will also increase strongly to represent the community's trust in this project.

[rdluffy]

...

Sol has a novel PoH mechanism and easily achieves a speed of 60k tps, which is truly impressive in the context of Eth and Bsc facing many scalability limitations in 2020-2021. Unfortunately, PoH still has many issues and cannot become completely stable despite being updated and upgraded many times over the past few years.

A large ecosystem should be operated on better and more stable blockchains, but the market and investors still choose Sol, which means they believe in the future of SOL. I hope that Sol will become better, and at the same time, SOL price will also increase strongly to represent the community's trust in this project.

Solana's network is very easy to use and the low fees have helped it gain a lot of popularity
SOL has had a few outages, but even ETH went through a serious problem when it forked to ETC, and yet people continued to use ETH

It seems that SOL is the strong network for this cycle, and just as there have been many attempts to take down BTC and ETH, many networks will emerge and have already emerged to compete with SOL, but it needs a lot to overcome, and I don't see that happening right now for any other network

[erus]

Solana outages weren't supposed to happen, and that's a “big” flaw that a billion-dollar blockain couldn't have, I agree
However, the risk for us ordinary users is that we have positions in DeFi and if the market turns abruptly while an outage is taking place, we are unable to place more collateral or redeem any positions

If you try to send some coins, or are using a DEX, what will happen is that the transaction won't be completed, but you won't lose any money in that situation

Sol has a novel PoH mechanism and easily achieves a speed of 60k tps, which is truly impressive in the context of Eth and Bsc facing many scalability limitations in 2020-2021. Unfortunately, PoH still has many issues and cannot become completely stable despite being updated and upgraded many times over the past few years.

A striking comparison between Ethereum, BSC and Solana coins. Let's try to compare for a moment with my simple knowledge:

1. As far as I know, Ethereum has a solution when the transaction is not stuck but the fee used is very expensive and finally those who understand how Ethereum works create a system called Ethereum Layer 2. Like Arbitrum, Optimism etc.
2. BNB if I'm not mistaken used a coin with the BEP2 blockchain system but it was not perfect, it only lasted a few months and then switched to Binance Smart Chain or BEP20.
3. Solana, according to you, has a Proof Of History or POH system which has the fastest coin delivery rate of around 60,000 times per second but has a problem if Solana's blockchain can die or go out.

My question is, will Solana one day launch a system like Ethereum to become Solana Layer 2?
The goal is so that there is no blockchain going out or dead blockchain.

[KryptoBull]

Solana's network is very easy to use and the low fees have helped it gain a lot of popularity
SOL has had a few outages, but even ETH went through a serious problem when it forked to ETC, and yet people continued to use ETH

It seems that SOL is the strong network for this cycle, and just as there have been many attempts to take down BTC and ETH, many networks will emerge and have already emerged to compete with SOL, but it needs a lot to overcome, and I don't see that happening right now for any other network

The advantage of high speed, low gas fees, and most importantly, the profit from the strong price increase of SOL has made it easy for investors to accept the limitations of Sol's stability. This seems to contradict our expectations for the strength of blockchain, but it fits the current phase when investors are only focused on profits.

Sol was extremely successful and famous in 2021, and it has made an impressive comeback in 2023-2024. Sol has many potential competitors like Sui, Apt, Ton, or Eth L2s, which will be a significant motivation for Sol to continue to improve itself and become more stable in this season.

[gunhell16]

If I see that its liquidity is still high and the community that believes in sol is still high, why not? Because we see that there are still many who trust it, that means that what traders believe is that there may still be demand happening in its market.

Just like the example of LUNA which is now LUNC, even though Ftx has disappeared, Lunc still remains on various exchanges in these instances, that means lunc has still achieved the requirements volume until now. And there are still investors or traders who are holding it at the moment.

[KryptoBull]

If I see that its liquidity is still high and the community that believes in sol is still high, why not? Because we see that there are still many who trust it, that means that what traders believe is that there may still be demand happening in its market.

Just like the example of LUNA which is now LUNC, even though Ftx has disappeared, Lunc still remains on various exchanges in these instances, that means lunc has still achieved the requirements volume until now. And there are still investors or traders who are holding it at the moment.

The price increase of SOL shows that investors are still focusing on the profits that SOL can bring, which doesn't depend too much on Sol's stability but only on the large FOMO of other investors.

LUNA has failed but it still has a chance to exist on many CEXs because it provides revenue for CEXs in the form of user transaction fees. Although LUNC still exists on CEXs, I would never invest in it or recommend others to invest in a deadcoin.

[debra]

The price increase of SOL shows that investors are still focusing on the profits that SOL can bring, which doesn't depend too much on Sol's stability but only on the large FOMO of other investors.

And also, because investors see how the progress of the Solana project is still ongoing and growing. And, their professional team that never stops developing the project, this is what makes investors increasingly believe in Solana and makes them hold their money in this coin quite well. The hype of the SOL project has been around for a long time, but now, it's the turn of various meme coins to create hype on the Solana network, and this is what also greatly boosts the development of the use of the Solana network which continues. that's why it is undeniable that Solana's market cap, especially on DEX, is very high. and for the profits themselves, it is actually quite profitable for investors who hold SOL until now and of course in the future.

[KryptoBull]

And also, because investors see how the progress of the Solana project is still ongoing and growing. And, their professional team that never stops developing the project, this is what makes investors increasingly believe in Solana and makes them hold their money in this coin quite well. The hype of the SOL project has been around for a long time, but now, it's the turn of various meme coins to create hype on the Solana network, and this is what also greatly boosts the development of the use of the Solana network which continues. that's why it is undeniable that Solana's market cap, especially on DEX, is very high. and for the profits themselves, it is actually quite profitable for investors who hold SOL until now and of course in the future.

The fortunate thing about Sol is that it has the best and most dedicated devs. They chose to stay and continue developing Sol instead of leaving to seek better opportunities in safer projects during the crypto winter after FTX collapsed. Their efforts have given many SOL holders more confidence. Sol may not be perfect, but it's becoming more stable every day.

More importantly, institutional inflows have helped SOL make a spectacular recovery, and holders have made significant profits from their faith and love for SOL. The memecoins trend may have been a lucky break for Sol, but luck only comes to blockchains that are capable enough to support millions of memecoin transactions seamlessly.

[Fivestar4everMVP]

And also, because investors see how the progress of the Solana project is still ongoing and growing. And, their professional team that never stops developing the project, this is what makes investors increasingly believe in Solana and makes them hold their money in this coin quite well. The hype of the SOL project has been around for a long time, but now, it's the turn of various meme coins to create hype on the Solana network, and this is what also greatly boosts the development of the use of the Solana network which continues. that's why it is undeniable that Solana's market cap, especially on DEX, is very high. and for the profits themselves, it is actually quite profitable for investors who hold SOL until now and of course in the future.

The fortunate thing about Sol is that it has the best and most dedicated devs. They chose to stay and continue developing Sol instead of leaving to seek better opportunities in safer projects during the crypto winter after FTX collapsed. Their efforts have given many SOL holders more confidence. Sol may not be perfect, but it's becoming more stable every day.

More importantly, institutional inflows have helped SOL make a spectacular recovery, and holders have made significant profits from their faith and love for SOL. The memecoins trend may have been a lucky break for Sol, but luck only comes to blockchains that are capable enough to support millions of memecoin transactions seamlessly.

Well said, very well said, speaking of institutions helping Sol, like I did mention on another thread just a few minutes ago, there are speculations flying around that Sol might get it's Spot ETF approved by the Sec - This is not a new news, it has been around since Ethereum spot ETF got approved, so, alot of people then believed that Solana coin will be the next in line after ethereum, I believe alot of investors still believe in this and are investing heavily in Sol before the ETF comes.

And like you said, projects on the Solana blockchain have also contributed its quarter in the price progress of Sol, but I think it's not that much compared to ETF speculations.

And let me say that the network outage on Sol is no longer a factor that investors consider at all, as I believe that some of us must have seen times when the blockchain experienced a major network outage, yet the coin didn't lose 1% of its value, Sol investors have grown above looking at sol's network outages as a sole criteria to decide whether to invest in Sol or not.

[KryptoBull]

Well said, very well said, speaking of institutions helping Sol, like I did mention on another thread just a few minutes ago, there are speculations flying around that Sol might get it's Spot ETF approved by the Sec - This is not a new news, it has been around since Ethereum spot ETF got approved, so, alot of people then believed that Solana coin will be the next in line after ethereum, I believe alot of investors still believe in this and are investing heavily in Sol before the ETF comes.

And like you said, projects on the Solana blockchain have also contributed its quarter in the price progress of Sol, but I think it's not that much compared to ETF speculations.

And let me say that the network outage on Sol is no longer a factor that investors consider at all, as I believe that some of us must have seen times when the blockchain experienced a major network outage, yet the coin didn't lose 1% of its value, Sol investors have grown above looking at sol's network outages as a sole criteria to decide whether to invest in Sol or not.

The price increase of SOL and the possibility of a spot SOL ETF are attracting investor attention, with concerns about outages quickly being overlooked as optimism takes over this market. I hope this situation will continue and we will see SOL at a higher price, for example, 1K USD, in this uptrend.

However, I hope the Devs won't rest on their laurels. The Sol network should continue to be improved to avoid incidents when the network reaches its speed limit. Outages at the peak could be a direct cause exploited to dump SOL price in the 2026 crypto winter.

[debra]

The fortunate thing about Sol is that it has the best and most dedicated devs. They chose to stay and continue developing Sol instead of leaving to seek better opportunities in safer projects during the crypto winter after FTX collapsed. Their efforts have given many SOL holders more confidence. Sol may not be perfect, but it's becoming more stable every day.

Yes, the developers of Solana worked well. They keep developing Solana project from years to years. They are quite active and communicate well with the holders. Sure, this makes the holders/investors to feel more confident with Solana. Anyway, I don't think it is more stable but it is more increasing. 

More importantly, institutional inflows have helped SOL make a spectacular recovery, and holders have made significant profits from their faith and love for SOL. The memecoins trend may have been a lucky break for Sol, but luck only comes to blockchains that are capable enough to support millions of memecoin transactions seamlessly.

Meme coins trending makes Solana be more popular. SOL should recover or reach its new ATH soon. SOL looks increasing very well during this year, it must be one of the best altcoins in this bullish season. I hope it can be $500, it will be great new ATH for SOL. Do you think it is possible, mate?

[KryptoBull]

Yes, the developers of Solana worked well. They keep developing Solana project from years to years. They are quite active and communicate well with the holders. Sure, this makes the holders/investors to feel more confident with Solana. Anyway, I don't think it is more stable but it is more increasing. 

Meme coins trending makes Solana be more popular. SOL should recover or reach its new ATH soon. SOL looks increasing very well during this year, it must be one of the best altcoins in this bullish season. I hope it can be $500, it will be great new ATH for SOL. Do you think it is possible, mate?

I'm looking forward to more major trends on Sol, not just memecoins or NFTs. We need stronger pillars for the ecosystem: DeFi, GameFi, RWA, SocialFi... The Sol ecosystem was once very vibrant during the 2021 uptrend, but unfortunately, the crypto winter has severely damaged the ecosystem and only a few projects have been able to continue until now.

SOL's ATH in 2021 was 260 USD, I think 500 USD in 2025 is too modest a target for SOL's strength and the huge amount of funds from investment funds backing it. I'm not good at technical analysis, but I like round numbers, so I hope SOL will reach 1K USD in 2025. If SOL can conquer higher prices, it will be even better for its investors