putting huge money into this project is not really worth it. But investing in this project is not a bad idea, perhaps, it never dies too easily.
I agree that solana still has strength and this altcoin won’t die within short time, even i believe It'll increase slowly but as you agreed, investing fund into this coin solana even in spite of being Layer 2 (L2), isn’t really worth currently. so why should anyone thinking about solana's performance in upcoming bull season while ether, bnb, matic and so many coins are also eligible for hold until next bull run
thats true, just couldnt really find any valid reason why hold solana instead of the other coins out there thats just far better, solana is already falling from its peak, and the reason isn't because bearish but because some company is collapsing, I never think it would reach that high again, gone the golden days of solana i think eventually people will move on from this coin, because honestly the fact that there are more and more emerging coins out there simply means that maybe solana was never that good to begin with compared with the newer ones.
therefore its just simply investing in new ones, it haven't reached all time high and still have many chance of reaching that in the future which simply means it could give massive returns. there's no reason to turn back to solana.