What's Next for Solana After Hitting Its ATH?

[bitterguy28]

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

ethereum is honestly not doing that well these days but is doing enough to keep itself second to bitcoin and not let any coin outshine itself still it will take a lot for another coin to emerge ahead of ethereum especially given its history and as for bnb i do not know if a coin associated with a platform but since it is widely used anyway i guess it will be not so much of a problem

[densus88]

ethereum is honestly not doing that well these days but is doing enough to keep itself second to bitcoin and not let any coin outshine itself still it will take a lot for another coin to emerge ahead of ethereum especially given its history and as for bnb i do not know if a coin associated with a platform but since it is widely used anyway i guess it will be not so much of a problem

ethereum indeed remains in second place CMC even though it has not shown good movement in the crypto market for the past two years.
BNB still shows its potential as a coin from the largest exchange.
And solana in the past two years, has shown good progress because many hype meme coins use this network.

[Faisal2202]

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)?

Well, I did not invest in Sol, because I also found the $300 value of one Sol very high. I mean it was very expensive to buy at that price. Many analysts (I remember) predicted the same thing, that it would drop to $160 even, and it really did. Although I was in doubt that it wouldn't because if it dumped that much, it means ETH dumping below $2800, which was a big support at that time.

But the market had other plans, everything dumped more than 50% and made people a hell lot of loss, including me, although I am in spot, so there is still hope for me.

I think till the EOY, it can at least make a new ATH, but the possibility of that happening is very low honestly.

[UNIVERSE]

ethereum indeed remains in second place CMC even though it has not shown good movement in the crypto market for the past two years.
BNB still shows its potential as a coin from the largest exchange.
And solana in the past two years, has shown good progress because many hype meme coins use this network.

Ethereum has large market caps, it is difficult to overtake by another altcoin. Although Ethereum price increases very slowly, it seems to stay in the 2nd place for a long time. SOL and BNB seems unlikely to be in 2nd place in this cycle, maybe it needs few years. Now, USDT and XRP are 2 altcoins that are quite close to ETH position in 2nd place. But they also look like to stay in 3-4 places, so there will be no chance in the position of ETH in CMC.

[doc]

ethereum indeed remains in second place CMC even though it has not shown good movement in the crypto market for the past two years.
BNB still shows its potential as a coin from the largest exchange.
And solana in the past two years, has shown good progress because many hype meme coins use this network.

Ethereum has large market caps, it is difficult to overtake by another altcoin. Although Ethereum price increases very slowly, it seems to stay in the 2nd place for a long time. SOL and BNB seems unlikely to be in 2nd place in this cycle, maybe it needs few years. Now, USDT and XRP are 2 altcoins that are quite close to ETH position in 2nd place. But they also look like to stay in 3-4 places, so there will be no chance in the position of ETH in CMC.

And right now USDT and XRP are approaching ethereum, although still far in capitalization. Ehereum has a large community, which of course big investors still believe in ethereum.
Maybe in the future or 3-4 years from now we will see tight competition in the top 3, and that is very good for the crypto world.

[sampoerna]

BNB still shows its potential as a coin from the largest exchange.
And solana in the past two years, has shown good progress because many hype meme coins use this network.

And I strongly believe that these two top projects will still be able to survive and also grow again by going through the bearish era that will happen after this, in the next season, in the next few years. Both have clear uses, their blockchain networks also seem to still be used, unless there are new competitors that are indeed much higher in movement and development, involving several top public figures. However, because these two projects have strong and top backers too, they should be aware of the bad possibilities that will happen to them during the bear market, so they will have prepared various things to anticipate it. Because of that, in the future, I will still think about these coins to be one of the assets in my portfolio.

[densus88]

BNB still shows its potential as a coin from the largest exchange.
And solana in the past two years, has shown good progress because many hype meme coins use this network.

And I strongly believe that these two top projects will still be able to survive and also grow again by going through the bearish era that will happen after this, in the next season, in the next few years. Both have clear uses, their blockchain networks also seem to still be used, unless there are new competitors that are indeed much higher in movement and development, involving several top public figures. However, because these two projects have strong and top backers too, they should be aware of the bad possibilities that will happen to them during the bear market, so they will have prepared various things to anticipate it. Because of that, in the future, I will still think about these coins to be one of the assets in my portfolio.

Network competition is great for investors, as they have a lot of options to choose from.
I also agree with you that BNB and Solana will likely survive the next bearish because both coins have large communities and are useful to users.

[irsykes]

Of course I think the Solana coin can have a new ATH again at the end of this year. The Solana ecosystem is very great, it can be said to be on par with the Ethereum ecosystem. And many big whales are waiting for the Solana coin to make a new ATH

[Bobcrypto]

ethereum indeed remains in second place CMC even though it has not shown good movement in the crypto market for the past two years.
BNB still shows its potential as a coin from the largest exchange.
And solana in the past two years, has shown good progress because many hype meme coins use this network.

Ethereum has large market caps, it is difficult to overtake by another altcoin. Although Ethereum price increases very slowly, it seems to stay in the 2nd place for a long time. SOL and BNB seems unlikely to be in 2nd place in this cycle, maybe it needs few years. Now, USDT and XRP are 2 altcoins that are quite close to ETH position in 2nd place. But they also look like to stay in 3-4 places, so there will be no chance in the position of ETH in CMC.

If you are following the Coinmarketcap ranking you should know that neither Solana nor BNB are likely to overtake Etheruem but Xrp. Ripple (XRP) has once overtaken Etheruem, though it happened on a short period. It is very clear that for some months Etheruem has not been performing, while Xrp has seen some reliefs, the law suit with SEC was closed few months ago and has bounce back once again.
I think that Xrp is set once again, it is currently trading on the fourth position with a marketcap around $123b, and trading volumes at $11.69b.
Sol and BNB are great tokens to compete with Etheruem but i think that Xrp has a greater advantage to take the number two positions, remember that Xrp been listed along side Bitcoin on the US strategic reserve, though Sol is included too but I see Xrp toping the number all altcoins.