thats true seeing current circumstance of solana just doesn't seem like its gonna be rising anytime soon.
moreover it has rather been stagnant for quite some time.
the fact that some API providers are closing their service just means maybe the development in the solana blockchain isn't that great.
moreover I think it will be kept overshadowed by newer blockchain emerging though the fact that its market capitalisation still great stands still.
moreover it has rather been stagnant for quite some time.
the fact that some API providers are closing their service just means maybe the development in the solana blockchain isn't that great.
moreover I think it will be kept overshadowed by newer blockchain emerging though the fact that its market capitalisation still great stands still.
Solana had the opportunity to take the crypto world by storm. But it blew it with the constant network outages. On top of that, FTX's collapse added more pressure against SOL's market price. I doubt it will ever rise back to $200, unless developers get their act together. They need to solve Solana's network issues so that investors could gain confidence on the project once more.
With many competitors striving to beat down Ethereum, Solana will have a hard time catching up to its rivals. At least, the project is open source. The community might decide to fork off the original chain to make an improved version of their own. I'd love to see a stable Solana-based blockchain that would render ETH obsolete. Who knows if our dreams come true someday? Just my thoughts
