Are you stacking solana?

[KryptoBull]

Maybe it's with the hype of all the coins that are airdropping? A lot of coins that have big value are within the Solana network and it could give more. I have seen a lot of people gaining free money just because of it and they are using SOL and then making transactions. Maybe that would be beneficial or something.

I also think that an important reason for many investors to buy and stake SOL tokens now is to receive many high-value airdrops in the future, like PYTH, JUP or BONK. This is an important part of Solana's tokenomics, it helps reduce the amount of SOL in circulation and the selling pressure will decrease.

Additionally, the SOL token price has increased impressively over the past few months, giving holders peace of mind that their assets will not lose value during the staking period. I don't own SOL but maybe I will hold and stake SOL in the uptrend to get some profit.

[philipma1957]

It's up a bit. I have 4 coins I hope to get over 6 by Dec 2024.

[NikeFit_7777]

The tech is here! Solana has indeed achieved some things other coins will never be able to, of course by trading it for other issues but the specs are there, the capacity and the scaling is real, the downsizing of the blockchain by not following the traditional path and implementing account state, and much more, you can look at the stats, 30 million transactions a day is the proof of that.
The only problem with it is the threat of centralization, and probably that's the reason why even if it will become the second crypto it will never be able to threaten Bitcoin, ever! It's more of a ripple with a tiny bit of freedom flavor but not close enough.

What kind of technology? That the grid is shut down up to several times a year? Don't you think manipulating the price of this asset, etc. - is trivially profitable? Don't think it happens "just for fun." Someone is clearly making a colossal amount of money off of this and it's not regular users.

P.S. The number/speed of transactions is absolutely not an indicator in a project. Everyone accentuates attention on it, although it plays no role. There are dozens of similar projects with similar functionality - in that case, should we invest in each of them? I don't think so. But that doesn't mean I didn't consider Solana (previously) as an investment. I just did it, on a small % of the deposit. 

[salad daging]

Maybe it's with the hype of all the coins that are airdropping? A lot of coins that have big value are within the Solana network and it could give more. I have seen a lot of people gaining free money just because of it and they are using SOL and then making transactions. Maybe that would be beneficial or something.

Maybe that's the reason why Solana has become hype in the last few months, those who stake or as much as they can in the feature will usually get token rewards after the platform launches the token and it's a large amount of free money, I see some people are happy with what they do on the Solana network.

Solana transactions are now increasing and what is bigger is to stake for a long time on the Solana network, don't be surprised if this coin continues to rise because the demand in the market will be higher.

[Stompix]

What kind of technology? That the grid is shut down up to several times a year?

Fukushima happening doesn't mean building a nuclear reactor is the same as baking a ten pack of frozen Walmart cookies!

The number/speed of transactions is absolutely not an indicator in a project. Everyone accentuates attention on it, although it plays no role.

For a lot of people it is!
See how USDT volume migrated from ETH to TRON?
See how people fled to DOGE when Bitcoin fees reached $10-$20?
You're talking about technology but you don't actually focus on what technology would be able to do, so in your opining since both speed and capacity and efficient blockchain pruning are irrelevant what would an advance look like? What would be that breakthrough?

But that doesn't mean I didn't consider Solana (previously) as an investment. I just did it, on a small % of the deposit.

So you're investing in a coin that fails more than it works, it is manipulated and it offers no technologic advance...because? 

[philipma1957]

Well so far so good on Solana. UP OVER 30%.

My 4 coins are now over $520  value.

[rdluffy]

Well so far so good on Solana. UP OVER 30%.

My 4 coins are now over $520  value.

And in my opinion there's a lot more to grow
Everything will depend on the BTC bull run, but the system is growing, there is a lot of money coming into the network from people looking for airdrops, leaving in Lend/Borrow and the NFT system is also growing.
Jupiter is seeing record movement these days

[salad daging]

Well so far so good on Solana. UP OVER 30%.

My 4 coins are now over $520  value.

And in my opinion there's a lot more to grow
Everything will depend on the BTC bull run, but the system is growing, there is a lot of money coming into the network from people looking for airdrops, leaving in Lend/Borrow and the NFT system is also growing.
Jupiter is seeing record movement these days

Maybe Solana can go to $200 when the bitcoin price increases, what about people still holding when buying solana around $3? I can't imagine how their profits are now.

It was hunted a lot so a lot of money went into Solana even some Dapps confirmed their airdrop how will people fall for this? The reality is that it happened to Jupiter who distributed tokens to the community, so this will continue to be followed when the hype continues.

Jupiter has partnered with many new projects.

[debra]

Where you are staking Solana? How much and how long?
I know it is a secret question but I'm curious about how you get those 5 Solana.
Don't you get 5 Solana after you are staking it for a year?

Honestly, I'm not staking Solana. I prefer to stake BNB or ETH, I think these coins are most recommended for staking. But because we are in the bullish season, I don't want to stake for a long time because I may sell them at any time. So, I just stake for few months.

[philipma1957]

Where you are staking Solana? How much and how long?
I know it is a secret question but I'm curious about how you get those 5 Solana.
Don't you get 5 Solana after you are staking it for a year?

Honestly, I'm not staking Solana. I prefer to stake BNB or ETH, I think these coins are most recommended for staking. But because we are in the bullish season, I don't want to stake for a long time because I may sell them at any time. So, I just stake for few months.

I have four coins. 1 is at coinbase. the other three are in my helium wallet.

I mine around 50-100 cents in usd a day. i get IOT which I have been exchanging into Solana.

[bitterguy28]

Well so far so good on Solana. UP OVER 30%.

My 4 coins are now over $520  value.

Continued to increase mate and maybe that 520$ is running 600$ as Solana still increasing

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

Have earned 16% now from the day I purchased recently so I will keep holding my coin at least till next year.

[bisdak40]

Have earned 16% now from the day I purchased recently so I will keep holding my coin at least till next year.

Though Solana is increasing its value but i think it will still surge and i'm planning to but 1 solana.

Just one question mate, what's your advise on where to store Solana or what wallet where to store them?

[philipma1957]

I have a helium wallet has 3 coins
I have a coin on coin base

[salad daging]

Just one question mate, what's your advise on where to store Solana or what wallet where to store them?

I use a Phantom wallet to store my Solana there for easier transactions and it's more widely used by most people.

There are many types of Solana wallets but Phantom is the most widely used, you can do it in the browser extension or in the mobile app.

Never store assets on the exchange is the most important thing.

[TopT3ns]

I use a Phantom wallet to store my Solana there for easier transactions and it's more widely used by most people.

There are many types of Solana wallets but Phantom is the most widely used, you can do it in the browser extension or in the mobile app.

Never store assets on the exchange is the most important thing.

Yes, you are right, as you said, currently Solana is starting a lot of development and Phantom is still the best wallet for Solana because it is quite easy to use. Meanwhile, storing assets on an exchange seems to have risks, but if you have very few assets then There is no problem if you immediately choose a safe exchange such as Binance to store there.