What's Next for Solana After Hitting Its ATH?

[bayu7adi]

Solana's performance is the second worst after DOGE for the current bearish period (for the top 20 ranks), where in the last 7 days the price of solana has fallen by 15% and will continue until April because there will be an unlock period that causes SOLANA's price to inflate. For those holding solana, I hope you can be patient for the next few months, and for those who still have FIAT, you can buy solana gradually until April, or precisely until the unlock period for the solana token ends.

[sampoerna]

Solana's journey is still very far. and Solana's competition is also getting tighter with other projects that are indeed top, especially BNB. so, when SOL has reached its ATH, SOL should be able to continue to achieve even greater achievements and pass the ATH again. And can develop its project to be wider and more trusted. And another important thing is to get a higher market cap, compete with BNB and be able to exceed it without being able to be taken over again. but once again, this competition is tight, so, SOL must also try hard to compete again with BNB.

And at the right time, it can also be ascertained that during the bull run, like other cryptos, the price of SOL will definitely crash too.

[Mia Chloe]

Solana's journey is still very far. and Solana's competition is also getting tighter with other projects that are indeed top, especially BNB. so, when SOL has reached its ATH, SOL should be able to continue to achieve even greater achievements and pass the ATH again. And can develop its project to be wider and more trusted.

Solana is obviously still a growing altcoin and network. The thing is it has relatively more hype and as a result of the number of coins and tokens being launched under its network. Although Solana is having a decent improvement in price it's having a majority of pullbacks, which seems to be slowing down its price progression.

I've come across a couple of discussions where people debate that ethereum network would be surpassed by Solana but that is a big move we are talking. Solana still has a long way to go.

[MrSpasybo]

Solana's journey is still very far. and Solana's competition is also getting tighter with other projects that are indeed top, especially BNB. so, when SOL has reached its ATH, SOL should be able to continue to achieve even greater achievements and pass the ATH again. And can develop its project to be wider and more trusted. And another important thing is to get a higher market cap, compete with BNB and be able to exceed it without being able to be taken over again. but once again, this competition is tight, so, SOL must also try hard to compete again with BNB.

And at the right time, it can also be ascertained that during the bull run, like other cryptos, the price of SOL will definitely crash too.

Yeah, although the correction is quite severe for SOL price, this is completely normal after a very strong wave of price increase. Currently, SOL price is being very well supported around $130, SOL holders can rest assured and wait for information from the macro economy to prepare for the upcoming bullrun.

SOL has been mentioned and added to the investment fund of the United States, although this is not as positive as being on par with BTC in the role of strategic reserve, this is also a success that SOL has achieved after the difficulties in 2022. I hope SOL price can continue to conquer higher ATHs, for example $500 or even $1K in 2025 ^^

[dwyane36]

SOL has been mentioned and added to the investment fund of the United States, although this is not as positive as being on par with BTC in the role of strategic reserve, this is also a success that SOL has achieved after the difficulties in 2022. I hope SOL price can continue to conquer higher ATHs, for example $500 or even $1K in 2025 ^^

Honestly, at the end of 2022, it seemed that Solana was doomed to fail due to the collapse of FTX and the fact that Alameda had unstaked and liquidated a lot of SOLs. But as we can see, Solana not only recovered but also reached a new ATH. This is truly impressive, and those users who believed in SOL at the end of 2022 and held it until the ATH are definitely lucky.

[omori]

^ They are not lucky - they are the ones being smart and keeping the faith in SOL strong.
 

[vegasus]

Honestly, at the end of 2022, it seemed that Solana was doomed to fail due to the collapse of FTX and the fact that Alameda had unstaked and liquidated a lot of SOLs. But as we can see, Solana not only recovered but also reached a new ATH. This is truly impressive, and those users who believed in SOL at the end of 2022 and held it until the ATH are definitely lucky.

Yes, it was really doubtful what happened to Solana. but they really were able to make this project rise again and build trust to be stronger. and the results can now really be enjoyed. It's just that Solana's movement will continue to grow. unfortunately, in the past few months the market has dropped very badly. and this is indeed happening not only in Solana but also other cryptocurrencies so it doesn't have to be too big for now, just need to prioritize patience if our target is to hold SOL for the long term.

[bitterguy28]

Yes, it was really doubtful what happened to Solana. but they really were able to make this project rise again and build trust to be stronger. and the results can now really be enjoyed. It's just that Solana's movement will continue to grow.

this shows how with the right team, they would be able to turn things around but this will not always be the case not every project will succeed after temporarily dying just like how solana did so we can say that solana definitely is special

unfortunately, in the past few months the market has dropped very badly. and this is indeed happening not only in Solana but also other cryptocurrencies so it doesn't have to be too big for now, just need to prioritize patience if our target is to hold SOL for the long term.

the market in general is down so no need to worry about solana specifically as i believe this is only product of what the market is going through

[taufik123]

unfortunately, in the past few months the market has dropped very badly. and this is indeed happening not only in Solana but also other cryptocurrencies so it doesn't have to be too big for now, just need to prioritize patience if our target is to hold SOL for the long term.

the market in general is down so no need to worry about solana specifically as i believe this is only product of what the market is going through

Don't panic about the downturn happening now, this is the best opportunity to get in and buy more SOL at a cheaper price.
Remember that after the decline there will be an increase that we didn't even expect.

SOLANA will probably reach a higher ATH, just wait for Bitcoin to experience a reversal for a higher rally.
The market depends on how Bitcoin moves and those who panic will just throw it away.

[vegasus]

Yes, it was really doubtful what happened to Solana. but they really were able to make this project rise again and build trust to be stronger. and the results can now really be enjoyed. It's just that Solana's movement will continue to grow.

this shows how with the right team, they would be able to turn things around but this will not always be the case not every project will succeed after temporarily dying just like how solana did so we can say that solana definitely is special

Oh yeah, this is like a selection process. There must be those who fail to pass the bearish test, there are those who survive but there is no definite movement and progress, and there are those who are able to survive and finally go beyond the good process, so that they can even rise to the top of the altcoins. It is also quite important to consider when you want to invest in the long term in a bearish era, because you have to know which ones can be used for the long term or not.

[philipma1957]

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)?

Solana will be over 150 by dec 2025.

the price fall was Trump as the agenda is for trump to cool off the market.

[BlockSpin]

You're right—$300 was a massive ATH, and a correction down to the $188 order block makes sense technically. It’s actually healthy for assets to retrace after big runs. That area you mentioned could act as a strong demand zone before another leg up.

[densus88]

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.

Many say that Solana will be the Ethereum killer in the future, but we have to look at Ethereum which has been proven to always be the number two coin after Bitcoin. It still takes a long time for Solana to be able to compete and beat Ethereum. BNB also has the opportunity for that, but I see Ethereum is still strong

[Legion]

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.

Many say that Solana will be the Ethereum killer in the future, but we have to look at Ethereum which has been proven to always be the number two coin after Bitcoin. It still takes a long time for Solana to be able to compete and beat Ethereum. BNB also has the opportunity for that, but I see Ethereum is still strong

It is correct that some new blockchains such as Solana and BNB having certain fascinating innovations still, Ethereum has a crucial edge concerning usage as well as the development of decentralised apps. Ethereum has been applied and tried out in different market conditions and I still believe it has its attractiveness to developers following the upgrades. Nevertheless, there is still a distinct advantage of Ethereum in the competition with Solana and BNB, as well as more support from the community that let the project stay as one of the leaders in the cryptocurrency market in the nearest future.

[Mr. Magkaisa]

          -     Right now if I read the chart price of 150$ as of the moment it looks like this night it is possible that it will drop to 145$ and if it breaks down it is possible that it will drop even further to 137$ just according to my analysis right now.

Then Solana is also one of the top altcoins that when the price of bitcoin rises in the market, there is also a sudden rally in the price of Solana. Meaning, SOL is not holding back its price either.