Post
Topic
Board Speculation (Altcoins)
Re: Is Solana still Worth buying??
by
salad daging
on 10/07/2024, 17:19:50 UTC
Is Solana still Worth buying?? Yes if the price is still below 200 usd, i mean solana price can stable at 200 usd so if the price is still below 200 meaning this is fire sale in my opinion.

Solana is crazy fast chain and cheap also so many developer choose this chain over other L1, but there's a catch solana is been actively develop so in a year there is a network down and solana usually being active because of memecoin. Anddd solana is not an evm chain that's why some dev right now choose eth l2
Well Solana is still worth buying especially with the ETF application which is likely if approved this will trigger an upward reaction again in addition to bullish next year, the prediction next year the price of Solana can be more than $200 and even reach a new ATH again.

This is indeed an obstacle in a year several times the Solana network outage caused congestion in making transactions, sometimes with this event triggering many things including they say Solana developers are still not professional in handling it.

About memecoins on the Solana network it has always been a hype now, see on Dexscreener the Solana network meme is always a trend and a lot of money goes there.