What's Next for Solana After Hitting Its ATH?

[DegenLifestyle]

Hi everyone, The crypto market is bleeding heavily—what could be the cause? $SOL recently hit an all-time high (ATH) of $300, and based on technical analysis, I believe it could drop to the order block (OB) around $188 before continuing its upward trend. 

Since Q4 of last year, I’ve been buying dips on major tokens, and I consider Solana one of them due to its ecosystem's relevance to meme coins, DeFi, and other narratives. Now that the price might be at a discount, what could be the best risk-free method to accumulate more? Options like bounties/giveaways, trading, or dollar-cost averaging (DCA) come to mind. 

Also, based on your experience, where do you think Solana could be by the end of the year (EOY)? 

[rdluffy]

This drop was excellent for those who managed to buy SOL because it reached 180 dollars and quickly rose, and is now at 212 dollars
I consider any value below 200 dollars a good buy because Solana is performing well and there are good things happening on the network
It has much better prospects for the future than ETH, for example, which is recovering more and more badly

I'm not a good trader and I don't like doing it that much, but my best tip would be to accumulate SOL below 200 dollars and use stake or restake protocols to get an income from SOL if you have long-term plans.

[DegenLifestyle]

This drop was excellent for those who managed to buy SOL because it reached 180 dollars and quickly rose, and is now at 212 dollars
I consider any value below 200 dollars a good buy because Solana is performing well and there are good things happening on the network
It has much better prospects for the future than ETH, for example, which is recovering more and more badly

I'm not a good trader and I don't like doing it that much, but my best tip would be to accumulate SOL below 200 dollars and use stake or restake protocols to get an income from SOL if you have long-term plans.

Yes, just like my analysis. SOL is currently around $201. ETH isn’t what it used to be, so projects like SOL and SUI have more momentum—though Erik Trump tweeting about ETH could make a difference. By the way, SOL staking is a good offer too; I staked SOL for bgsol a while ago. I also noticed an ongoing trading competition to accumulate SOL. Now that the market has stabilized a bit, I’ll venture into that.

[philipma1957]

Well eth has the staggers.So solana can make hay in terms of users.

Eth does not have the room to grow that solana has.

but a lot depends on developers.

so far eth has never recovered from the switch to pos.

solana avoided that issue.

[Jujuboy]

This drop was excellent for those who managed to buy SOL because it reached 180 dollars and quickly rose, and is now at 212 dollars
I consider any value below 200 dollars a good buy because Solana is performing well and there are good things happening on the network
It has much better prospects for the future than ETH, for example, which is recovering more and more badly

I'm not a good trader and I don't like doing it that much, but my best tip would be to accumulate SOL below 200 dollars and use stake or restake protocols to get an income from SOL if you have long-term plans.

though the recent, dip was scary , It was a good opportunity to buy and add to once alt Holding. I also remember the BGsol  I checked it out back then the APR was quite interesting, I think I also saw some sol event on bitget while on the app been checking out your trade spot and futures to win Sol reward.  thank God market is gaining momentum again

Yes, just like my analysis. SOL is currently around $201. ETH isn’t what it used to be, so projects like SOL and SUI have more momentum—though Erik Trump tweeting about ETH could make a difference. By the way, SOL staking is a good offer too; I staked SOL for bgsol a while ago. I also noticed an ongoing trading competition to accumulate SOL. Now that the market has stabilized a bit, I’ll venture into that.

[bayu7adi]

With very good fundamentals, the DCA method will be very safe to buy solana gradually and you can sell it at a high price later... in the long term, I believe solana will be able to survive and generate profits, even the potential of this coin is still very good because it has a use case that is not much different from ETH...

The memecoin trend is more crowded on the solana network, and there is a big possibility that other trends that will emerge in the future will also be on the solana network.

[tequilla_sunset]

With very good fundamentals, the DCA method will be very safe to buy solana gradually and you can sell it at a high price later... in the long term, I believe solana will be able to survive and generate profits, even the potential of this coin is still very good because it has a use case that is not much different from ETH...

The memecoin trend is more crowded on the solana network, and there is a big possibility that other trends that will emerge in the future will also be on the solana network.

SOL eco is becoming more and more interesting.
Even though it has its parts to work around and upgrade, potential-wise, SOL is in a great position, especially going long-term.

[KryptoBull]

With very good fundamentals, the DCA method will be very safe to buy solana gradually and you can sell it at a high price later... in the long term, I believe solana will be able to survive and generate profits, even the potential of this coin is still very good because it has a use case that is not much different from ETH...

The memecoin trend is more crowded on the solana network, and there is a big possibility that other trends that will emerge in the future will also be on the solana network.

The success of memecoins on Sol is both good news and bad news for this ecosystem. The good news is that it makes Sol more vibrant and popular, the bad news is that it makes Sol dependent on memecoins instead of more sustainable trends in the market.

I love memecoins but I don't invest in them. SOL may reach a new ATH after the explosion of the TRUMP token but it will be difficult to continue growing strongly like that solely driven by memecoins. If the SOL price cannot continue to grow, I am afraid that it will have to fall back to its own equilibrium price.

[Report]

There is no new hope from Solana because Solana is now Dump again following the market trend. Solana has lost a few percent of what happened so far from the all time high which is priced at around 263 dollars. Just look at the Solana coin now in the cryptocurrency market around 193 dollars and I checked it on Coingecko.
I can't compare it with other altcoins but I'm sure that Solana is still able to survive in the cryptocurrency world, it just depends on the Dev to continue developing the Solana coin.

[TomPluz]

What could be the best risk-free method to accumulate more? Options like bounties/giveaways, trading, or dollar-cost averaging (DCA) come to mind.  Also, based on your experience, where do you think Solana could be by the end of the year (EOY)?

There is no such as thing as risk-free as all things we are doing can cost us money, time or even both. Risks are the things that make the world more exciting and a lot less boring depending on where you are at the equation. Now, maybe the best thing to do is to do DCA for Solana though I have not yet tried it yet but the idea can be good enough for anyone to consider. The dip right now can be the best time to accumulate more as we know that Solana is already one of the few assets known to have that important REBOUND POWER just like Bitcoin and Ethereum. In December of this year, I am expecting SOL to be at $500 (if bullrun will continue) though for sure am not good at predicting things...so maybe it can even be $250 (if bear will takeover the market) the reverse  to what I want it to be.

[philipma1957]

What could be the best risk-free method to accumulate more? Options like bounties/giveaways, trading, or dollar-cost averaging (DCA) come to mind.  Also, based on your experience, where do you think Solana could be by the end of the year (EOY)?

There is no such as thing as risk-free as all things we are doing can cost us money, time or even both. Risks are the things that make the world more exciting and a lot less boring depending on where you are at the equation. Now, maybe the best thing to do is to do DCA for Solana though I have not yet tried it yet but the idea can be good enough for anyone to consider. The dip right now can be the best time to accumulate more as we know that Solana is already one of the few assets known to have that important REBOUND POWER just like Bitcoin and Ethereum. In December of this year, I am expecting SOL to be at $500 (if bullrun will continue) though for sure am not good at predicting things...so maybe it can even be $250 (if bear will takeover the market) the reverse  to what I want it to be.

Well Solana does have rebounding power BTC does have rebounding power. Eth not so sure.

Also the musky trumpeter factor has the markets spooked bigly. I am doing some careful DCA for BTc and also pulling some cash out to be ready if shit goes sideways or way down.

Solana is on my short list for purchases.

[rdluffy]

...
Solana is on my short list for purchases.

I'll watch the price this weekend, if it drops below 190 dollars I think I'll buy a bit of SOL
But below 200 dollars seems like a good price to buy too, since I use it in DeFi and to farm some airdrops, so it's a good investment for me

I don't have much stables right now (USDT), and SOL is one of my only buying options

[philipma1957]

...
Solana is on my short list for purchases.

I'll watch the price this weekend, if it drops below 190 dollars I think I'll buy a bit of SOL
But below 200 dollars seems like a good price to buy too, since I use it in DeFi and to farm some airdrops, so it's a good investment for me

I don't have much stables right now (USDT), and SOL is one of my only buying options

Not a fan of usdt or usdc but I think I have .6 sol and I slowly stack some with my helium miner.

[albon]

Solana is not just a cryptocurrency  it's also a blockchain ecosystem. So if you want to pay solan then you have to make deep upset where the real growth is happening. Moreover, solan always has a key power in cases such as non fungible token, blockchain gaming and web3. So this is where things are really interesting because solan is often referred to as a potential like ethereum  killer. Most long time investors are always searching for strong platform and in that case Solona Coin is the most important choice.

[debra]

It seems that Solana's bull cycle will be almost the same as other altcoins, where the altcoin season will be the peak of the SOL price increase as well. And after that, if the bearish happens, like it or not, the SOL price will definitely crash too. Whether it will be as bad as other altcoins or not, it will depend on how the developers and teams also handle it so that it can survive and not go very badly.

If the altcoin season occurs in Q4 for example, then that means the SOL price in Q4 might peak, but it doesn't necessarily happen in some month. and here, we sometimes find it difficult to predict what the highest ATH will be achieved by SOL in the altcoin season, and in which month exactly, it's all still speculation and prediction.