It has got a strong community already so dying won't be that easy.
Unlike the other cryptos that don't have strength with their communities, it's highly likely that they won't survive. But if Solana also shows how strong the project is, who knows if it will get more investor to believe in.
The chart shows that it's far from its ATH and too low, looks like a sale but you guys decide if it is.
Unlike the other cryptos that don't have strength with their communities, it's highly likely that they won't survive. But if Solana also shows how strong the project is, who knows if it will get more investor to believe in.
The chart shows that it's far from its ATH and too low, looks like a sale but you guys decide if it is.
I wouldn't say that Solana has a strong community. Rather, it's an "overhyped" cryptocurrency with a huge number of followers behind it. FTX was heavily-invested in this coin, but it ultimately failed. There are rumors the defunct exchange will dump its SOL holdings on the market. This will add negative pressure over the cryptocurrency's short-term price.
Whenever Solana will survive the tide or be left behind in the dust is yet to be seen. I'd choose other alternatives that are much more reliable and decentralized than Solana itself. It's not about speed or cost-efficiency, but rather security/reliability/censorship-resistance. Most people don't care about this, as they're only looking to make a quick buck. It's up to you to determine whenever Solana is a good investment or not. Do your own research, and you'll see what I'm talking about. Who knows if Solana's days are numbered? Just my thoughts
