Post
Topic
Board Altcoin Discussion
Re: The future of Solana is looking weak
by
Jackl87
on 05/11/2022, 00:00:26 UTC
I read online about how Layer 2 projects like optimism and Arbitrum have both flipped solana in TVL, are Layer 2 projects going to take over Solana in future? Also solana is the only project that is not EVM chain compatible, how is this not bad for Solana?.

For me it is not only the rise of the layer 2 projects of Ethereum like the ones you have mentioned i also think that Solana slowly but surely gets a lot of rivals that are completely new blockchain solutions. The first one that comes to my mind is Aptos i am not really a fan of Aptos because it had such huge investemens of big VC companies like Binance, FTX and many others. They have invested 400 M € into Aptos which means that those big companies are owning a large portion of all the tokens now and they can dump heavily on small investors like us.
There are many other blockchains coming up too in the future like Radix for example.