First of all I would accept that I am a fan of Solana because of its technological advancement, and its potential to play a significant role in block chain echo system. The credit goes to its professional team who continuously struggle to make Solana a great block chain that provides servies to its customers at a very competitive transaction fees.
Regarding its potential in future, I think it has not yet shown its real color despite the fact that it has demonstrated tremendous growth during the past six months. There is anticipation that Solana could surpass its all time high of $260 in the upcoming bullish market
Regarding its potential in future, I think it has not yet shown its real color despite the fact that it has demonstrated tremendous growth during the past six months. There is anticipation that Solana could surpass its all time high of $260 in the upcoming bullish market
It could surpass its ATH if the "meme" coins craze continues. That's what's keeping the "flow" going. Aside from the fact that Solana has cheaper fees than most popular smart contract platforms. The only downside is the network outages. If Solana achieves stability, it might topple ETH someday. Who knows?
I'm surprised it has gotten this far despite being linked with FTX. Investors prefer this coin for some reason. The market is unpredictable, so I'd suggest you diversify your investment just to be safe.
The network outages are a major reason why I had to exit Solana despite being a huge fan of it.
I had a decent bag of Solana but sold it in the bear market. Now that Solana is back on track and pumping hard I regret selling so low.
But the network outages are still a huge concern for me and that is the reason why I won't be buying the same bag size again.
May be a very little amount of SOL but that would be it.