Is Solana Holding going to be profitable?

[Wiwo]

Hmm, SOL is behaving super similar to Bitcoin and Eth, TBH haha there's a lot of potential in the SOL if you don't consider it overvalued. SOL is good for the accumulation, but i dont know why but I am not ready to consider another reliable asset other than Bitcoin and ETH. Haha also you should know many times SOL chain got down.

I got a pop up news from my notification area today and it says that Solana has outperform Ethereum and Bitcoin in the recently cryptocurrency downtime period. Though I have not followed Sol and Eth market caps and prices foe some months now so I am not conversant with them again. But seeing the news today, I was like wow! https://www.coindesk.com/markets/2024/08/07/solana-hits-all-time-high-against-ether-outperforms-bitcoin-in-crypto-rebound/. That is for the main time, those two coins will still surpass Solana again.

This is not new anymore, the solana network is really performing exclusively well for the past few months to a year now, and this news of outperforming ethereum has surface on a number of occasions and for that we ant surprise with solana recent hypes because we have seen how active and performing projects on the solana is doing and the recent craze about them, most of the memecoins are running on this network.

This remind us of the ico days when the ethereum network receives it first popularity a d adoption way back in 2016-2017-2018 all through this period, ethereum made same waves that solana network is making today.

[Hisbullah]

This is not new anymore, the solana network is really performing exclusively well for the past few months to a year now, and this news of outperforming ethereum has surface on a number of occasions and for that we ant surprise with solana recent hypes because we have seen how active and performing projects on the solana is doing and the recent craze about them, most of the memecoins are running on this network.

This remind us of the ico days when the ethereum network receives it first popularity a d adoption way back in 2016-2017-2018 all through this period, ethereum made same waves that solana network is making today.

Yes, there are many meme coins that use solanan, although lately we have heard that dogs meme coins that use the TON network are very hype, but solana still shows its class this year. I am not a meme lover, I only occasionally take advantage of the moment to make a profit from meme coins, although I will not hold meme coins for long.

[dekafee79]

This is not new anymore, the solana network is really performing exclusively well for the past few months to a year now, and this news of outperforming ethereum has surface on a number of occasions and for that we ant surprise with solana recent hypes because we have seen how active and performing projects on the solana is doing and the recent craze about them, most of the memecoins are running on this network.

This remind us of the ico days when the ethereum network receives it first popularity a d adoption way back in 2016-2017-2018 all through this period, ethereum made same waves that solana network is making today.

Yes, there are many meme coins that use solanan, although lately we have heard that dogs meme coins that use the TON network are very hype, but solana still shows its class this year. I am not a meme lover, I only occasionally take advantage of the moment to make a profit from meme coins, although I will not hold meme coins for long.

I see dosg is very popular right now, but we never know the continuation of meme coins. Doge coin and shib were once popular in their time and now seem to be struggling, that's how meme coins are. Personally, I prefer to invest in coins that have good projects and are used by users such as solana, BNB and TON. Not meme coins

[Gurujebs]

I see dosg is very popular right now, but we never know the continuation of meme coins. Doge coin and shib were once popular in their time and now seem to be struggling, that's how meme coins are. Personally, I prefer to invest in coins that have good projects and are used by users such as solana, BNB and TON. Not meme coins

You never can tell you know and we have not gotten the usual bull run we used to have back then where a project can do 10x in just one day. This is why I think Dogs hasn't make any moves yet and probably it's not as hype like the memes on Solana blockchain. If it were to be in Solana, if would be ahead of any meme coin on solana right now because there are gamblers on Solana chain looking for what to bet their money into.

I'm hoping the hype Solana memes has gotten this year and last year, I hope that Ton get the same hype. It's because of the demand of meme coins that made solana this valuable, I think Ton will make the same if the demands come to their ecosystem.

[rizqillah]

You never can tell you know and we have not gotten the usual bull run we used to have back then where a project can do 10x in just one day. This is why I think Dogs hasn't make any moves yet and probably it's not as hype like the memes on Solana blockchain. If it were to be in Solana, if would be ahead of any meme coin on solana right now because there are gamblers on Solana chain looking for what to bet their money into.

I'm hoping the hype Solana memes has gotten this year and last year, I hope that Ton get the same hype. It's because of the demand of meme coins that made solana this valuable, I think Ton will make the same if the demands come to their ecosystem.

Solana is popular because of its meme coin, this is what makes solana always in the top 5 coins. I also see TON has the same potential, your hope is the same as mine, hopefully these two networks will provide good contribution for meme coins to hype this season.

[Mr. Magkaisa]

        -      Holding Solana is one of the things that can be said to be a good thing to do in the long term, and many people in our country are trying to accumulate it somehow because they see good potential in the future in terms of its price value in the market.

In fact, one of the trends that Solana can keep up with is the Ton blockchain, and honestly speaking, Ton is a bit better so far in its hype and trend now in the market, although they are also okay to handle in the future.

[rizqillah]

        -      Holding Solana is one of the things that can be said to be a good thing to do in the long term, and many people in our country are trying to accumulate it somehow because they see good potential in the future in terms of its price value in the market.

In fact, one of the trends that Solana can keep up with is the Ton blockchain, and honestly speaking, Ton is a bit better so far in its hype and trend now in the market, although they are also okay to handle in the future.

TON is currently showing good progress with several meme coins showing great progress, unfortunately after dirv was arrested TON experienced a price drop. So I see solana still showing great progress, solana is still better than TON. That's my opinion.

[laijsica]

        -      Holding Solana is one of the things that can be said to be a good thing to do in the long term, and many people in our country are trying to accumulate it somehow because they see good potential in the future in terms of its price value in the market.

In fact, one of the trends that Solana can keep up with is the Ton blockchain, and honestly speaking, Ton is a bit better so far in its hype and trend now in the market, although they are also okay to handle in the future.

TON is currently showing good progress with several meme coins showing great progress, unfortunately after dirv was arrested TON experienced a price drop. So I see solana still showing great progress, solana is still better than TON. That's my opinion.

I think Solana has become increasingly popular especially in the run up to the US election. Crypto-friendly Trump continues to advance in the polls, but its value is likely to rise further. However, Trump seems to have fallen behind in recent Reuters polls.

[Hisbullah]

TON is currently showing good progress with several meme coins showing great progress, unfortunately after dirv was arrested TON experienced a price drop. So I see solana still showing great progress, solana is still better than TON. That's my opinion.

I think Solana has become increasingly popular especially in the run up to the US election. Crypto-friendly Trump continues to advance in the polls, but its value is likely to rise further. However, Trump seems to have fallen behind in recent Reuters polls.
[/quote]
Solana is getting popular because of the many hype meme coins that use the solana network, and the crypto discussion is getting more popular because of the US presidential election. Trump is a presidential candidate who supports crypto, hopefully the US people will choose a president who can bring a better future for crypto.

[erus]

VanEck, 21shares, Joe Biden, Trump are all often mentioned to discuss Solana coins but the proof is that Solana is still as usual because there is no very rapid price spike. Maybe on a small scale the price of Solana coins tends to fall from 3 months ago because it follows the price of Bitcoin. If I am linked to the OP's assumption, it seems that for Solana coins it will definitely take a long time to be able to profit from holding Solana coins.

[rizqillah]

VanEck, 21shares, Joe Biden, Trump are all often mentioned to discuss Solana coins but the proof is that Solana is still as usual because there is no very rapid price spike. Maybe on a small scale the price of Solana coins tends to fall from 3 months ago because it follows the price of Bitcoin. If I am linked to the OP's assumption, it seems that for Solana coins it will definitely take a long time to be able to profit from holding Solana coins.

I have made a profit from solana last month, so I think solana is still a potential coin. And many people have solana, I don't care about biden, trump etc because I don't care about what politicians say. I still have confidence that solana will have a high price next year.

[luckyledger]

VanEck, 21shares, Joe Biden, Trump are all often mentioned to discuss Solana coins but the proof is that Solana is still as usual because there is no very rapid price spike. Maybe on a small scale the price of Solana coins tends to fall from 3 months ago because it follows the price of Bitcoin. If I am linked to the OP's assumption, it seems that for Solana coins it will definitely take a long time to be able to profit from holding Solana coins.

I have made a profit from solana last month, so I think solana is still a potential coin. And many people have solana, I don't care about biden, trump etc because I don't care about what politicians say. I still have confidence that solana will have a high price next year.

Yeah, politics shouldn't be the thing that drives the market the most - it's economics + the politics.
And then again, we won't know the facts needed to profit beforehand, only big hands will that info.
We will see only the aftermath of it on the market, and I too think that it's still viable to accumulate SOL in the long run.

[vegasus]

Yeah, politics shouldn't be the thing that drives the market the most - it's economics + the politics.
And then again, we won't know the facts needed to profit beforehand, only big hands will that info.
We will see only the aftermath of it on the market, and I too think that it's still viable to accumulate SOL in the long run.

This may not be 100% direct tea market drives. However, political conditions in large countries, especially those related to crypto, will sometimes have a significant effect on market conditions. Like it or not, we have to follow the flow like that. Because political events are often associated with crypto activities which are currently very big news.

However, there may be other factors that can counter or support market conditions like that. But sometimes, not all political conditions in a large country have a bad impact on crypto, there are also those that actually make crypto prices rise.

[Parzival204]

It's a good idea for novice investors to think about several factors before investing in SOL. Bearing in mind that in the last few weeks the Sol network system has experienced problems, not to mention the approval from the American president which has yet to be issued. Because if we insist on saving large amounts of these coins, we have to consider the benefits what we will achieve or losses that we can bear. But there is no harm if you buy some of these coins with notes as I explained earlier.

[enoch_from_off]

It's a good idea for novice investors to think about several factors before investing in SOL. Bearing in mind that in the last few weeks the Sol network system has experienced problems, not to mention the approval from the American president which has yet to be issued. Because if we insist on saving large amounts of these coins, we have to consider the benefits what we will achieve or losses that we can bear. But there is no harm if you buy some of these coins with notes as I explained earlier.

Yep, SOL is a reliable investment, in my opinion, if you are willing to hold it long enough.
It does have its problems, but who doesn't nowadays? At least they are trying to solve them and bring a bit of innovation to the table.