Solend a decentralized loan project build on solana network almost create what could have been another sad story in the development of crypto currencies but wisdom from solana government and voters safe the day. We could have had the same story of Luna in our hand if not decisions to stop whales from dumping. Good one from solana team.
Well, Solana was differ into LUNA anyway, SOL is very, very far from LUNA.
By the way, I had no doubt about SOL, in fact, I have few of it to hold in the long term actually.
And if you're gonna check for what happened to SOL is actually look cool according to this
source:
https://decrypt.co/93375/solana-leads-recovery-crypto-crashIn the long run, the blockchain has proven to be a trustless technology that can work in the real world without a central authority. It has been tested and is getting stronger every day. No doubt it will all end on a decentralized network. Solana by design was not to be centralized. So if the government dumped big bucks they would have still survived and There is no one word to describe the crash today. In my opinion, The project is dependent on all parties involved. I hope this will be the paradigm for all crypto projects in the future.
I also had no doubt at SOLANA, this was one of the good choice to hold in the long term honestly speaking.
Aside from its decentralized network, SOL has also a features in terms of games where they had a strong community
at play2earn games as well.