Post
Topic
Board Altcoin Discussion
Re: Layer 1s. Why does anyone invest in any other than Solona?
by
bounceback
on 05/10/2023, 08:24:52 UTC
Solona is just so far ahead of everything else right now and so undervalued. It looks like the only thing that could even get close to doing an Ethereum style run.
Since it was first launched, many people have considered Solana to be one of Ethereum's killer coins, but the fact is that so far Solana has not been able to match the advantages of ETH, basically Solana also has its own advantages such as much cheaper transactions and transaction speed.
At the end of last year, the Solana project developers experienced several network outages due to congestion, so this is one of the reasons why some investors turned to other alternative coins because they considered the Solana developers not to be very solid.