Post
Topic
Board Altcoin Discussion
Re: Solana (SOL) vs Terra (LUNA)
by
coco23
on 22/04/2022, 05:36:00 UTC
If you look at the comparison of Solana and Terra, these coins are very similar, but I think that the potential of Terra is much higher.
Hm honestly the page you linked doesn't give much information. There are some obscure ratings and lots of empty entries. Just browsing through CMC gives you more data probably.

Looking at defillama.com data, Solana is consolidating right now. They had a massive growth last year and now need to re-orient a bit.

Terra is still moving upwards, but this seems mostly driven by their LUNA/UST swapping mechanism which increases scarcity on LUNA when UST is created. The question is, whether this system is sustainable in the long run or whether dangerous situation can arise where at some point a downwards spiral can be created where UST is destroyed for new LUNA and those are sold at the market for new UST.